Michigan’s marijuana shops sold just $265.5 million for the month of December, the latest in a multimonth decline for the longstanding Midwest cannabis market. The figure includes $264.6 million in recreational sales and another $815,759 in medical sales, according to statistics from the state Cannabis Regulatory Agency. The numbers are …
Tilray Brands Inc. (NASDAQ: TLRY) topped Wall Street’s revenue expectations Friday as the company continues beefing its beer business amid sluggish marijuana sales. The company’s fiscal second-quarter revenue rose 9% to $211 million for the quarter ended Nov. 30, eclipsing analysts’ average estimate of $207.8 million, according to financial data …
Cannabis retailer Stiiizy said Wednesday that customer data was compromised at four Northern California locations after cybercriminals breached one of its point-of-sale vendors. The breach occurred between Oct. 10 and Nov. 10, 2024, exposing sensitive customer information including names, addresses, dates of birth and driver’s license numbers, according to the …
Rhode Island marijuana regulators on Wednesday released a new draft of rules for how they intend to go about expanding the recreational cannabis market, but they also made clear that the regulations have a ways to go before they’re finalized. At issue is exactly how the state Cannabis Control Commission …