Tilray Brands (NASDAQ: TLRY) CFO Carl Merton faced shareholders on Reddit after markets closed on Tuesday, addressing a wide range of questions from the company’s plans in Europe to when the company expects to turn a profit. But a core focus for the executive was the opportunities in cannabis beverages, …
Minnesota cannabis regulators announced Wednesday they will abandon their initial social equity licensing lottery system and transition to a standard licensing process for both social equity and general applicants. The Office of Cannabis Management’s decision comes after a Ramsey County District Court judge stayed the planned Nov. 26 license lottery, …
A Berkshire Hathaway (NYSE: BRK.A) insurance unit is looking to dismiss a lawsuit brought by cannabis company Trulieve over coverage related to a worker’s death in Massachusetts, arguing the worker wasn’t employed by any of the companies seeking protection. In a motion filed Monday in Florida federal court, Berkshire Hathaway …
The U.S. marijuana market is likely to slow its roll next year even more than it did in 2024, according to a new white paper from ATB Capital Markets, which outlined various reasons it expects “slow growth” to be a primary theme for public cannabis companies in 2025. Although there …