South Dakota’s medical marijuana program narrowly survived a legislative challenge that would have essentially rolled back the voter-approved system, according to South Dakota Public Broadcasting. The bill, introduced by Rep. Travis Ismay of Newell, a Republican, failed on a 7-6 vote in the House Health and Human Services Committee after …
Innovative Industrial Properties (NYSE: IIPR) eked past Wall Street expectations in the fourth quarter as its portfolio occupancy improved, though the company continued navigating tenant challenges. The cannabis real estate investment trust reported net income of $39.5 million, or $1.36 per diluted share, for the quarter that ended Dec. 31, …
With Minnesota’s adult-use licensing kicking off this week, tribal nations are set to gain first-mover advantage in what industry experts say could strengthen tribal sovereignty and economic development. The opportunity to fill that void comes as Northern Minnesota nations look to boost their economies via the cannabis trade, according to …
A small chain of licensed California cannabis shops that was launched in 2022 by the original founders of defunct multistate operator MedMen Enterprises has “closed indefinitely” after less than a year of operations, according to MJBizDaily. Adam Bierman and Andrew Modlin, who oversaw the rise and fall of the high-profile MedMen, …