The Arizona marijuana market hit its lowest point of 2024 in November, with a grand total of $89.6 million in sales, according to state data. That includes $73.1 million in recreational sales and another $16.5 million in medical sales, both respective lows for the 2024 calendar year. That’s also down …
Colorado’s cannabis tax collection fell in November, despite sales ticking up in October. Sales rose to $113.3 million in October, as the state’s maturing market continues to see growing competition from other states and falling prices. That increase in monthly sales was up less than 1% from September’s $112.4 million, …
High Tide Inc. (Nasdaq: HITI) (TSXV: HITI) is jumping into the German medical marijuana program by buying 51% of Purecan GmbH, for approximately €4.8 Million and will have a future option to acquire the remaining interest in the company. The deal is expected to close in a matter of weeks. …
Three companies have sued the nation’s oldest cannabis dispensary for allegedly failing to pay more than $250,000 in bills, according to local media reports. Berkeley Patients Group faces lawsuits from a cannabis supplier, security firm and landlord filed over the past 13 months. The dispensary has denied all allegations in …