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 …
As multiple wildfires rage across Southern California, cannabis dispensaries in the greater Los Angeles area are attempting to maintain operations while preparing for potential evacuations amid deteriorating conditions, sources told Green Market Report early Wednesday. Four major fires – the Palisades, Eaton, Hurst and Woodley fires – have burned more …
Ohio’s recreational marijuana market surpassed $242 million in sales through late December, rounding out a relatively strong debut for the Midwestern state’s adult-use program. Total recreational marijuana sales hit $242.2 million since the August launch, with consumers purchasing 32,487 pounds of cannabis flower and more than 4 million manufactured products, …
While Innovative Industrial Properties (NYSE: IIPR) had been managing to stay ahead of nonpaying tenants, the cannabis real estate investment trust (REIT) is now suffering along side the rest of the cannabis industry. The reason? One of its largest portfolio holdings has joined the nonpaying cohort. And now shareholders are …