Finance: Page 42

Arkansas Medical Cannabis Sales Reach $131 Million

The state’s dispensaries have sold more than 20,000 pounds of product since the program launched in May 2019.

A Conversation With Tommy Chong

In this interview, Chong, counter-culture legend and industry veteran, shares details on his new retail venture, offers his advice for others in the business, and reflects on his place in cannabis history.

Why You Shouldn’t Cut Corners on Your Cultivation Facility Construction Budget

While it can be tempting to spend the bare minimum to get a facility up and running, spending more up front is crucial for sustainable, long-term growth.

Ohio Medical Cannabis Sales Reach $100 Million This Year

The figures are double those of the program’s first year in operation.

Is the Coronavirus Crisis Slowing Down Social Equity in Cannabis?

Advocates and business owners are concerned that the fallout from the COVID-19 pandemic is delaying the creation of an equitable cannabis industry.

Illinois Adult-Use Cannabis Sales Reach $61 Million in July

July’s figures set a new sales record for the state.

Northern Mariana Islands’ Cannabis Commission Launches License Applications

The commission officially adopted the proposed rules and regulations for the program during its June 23 meeting.

Cannabis Industry Awaits U.S. House Vote on the MORE Act

The legislation, likely to be voted on in September, would federally decriminalize cannabis by removing it from the Controlled Substances Act.

Michigan’s 2020 Adult-Use Cannabis Sales Surpass $200 Million

Adult-use sales have generated nearly $35 million in excise and sales tax revenues since the market launched in December 2019.

FSD Pharma Announces Decision to Surrender Health Canada Licenses for Subsidiary FV Pharma Inc.

FV Pharma will shut down operations within 30 days.

Nevada Cannabis Compliance Board Revokes Six CWNevada Licenses

The move came at the board’s inaugural meeting July 21.

Guest Column: 8 Things Cannabis Businesses Need to Know About Using Receivership

In this challenging business environment, cannabis operators could find themselves in need of contractual relief from existing debt. Here's what to consider when examining the option to restructure business debt.

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