According to data from the Nevada Cannabis Compliance Board, the state's underground marijuana market is worth between $242 million to $370 million. Annual legal marijuana sales at licensed ...

The average price for adult-use products fell 21% from September 2023. Michigan’s regulated cannabis industry hit a record sales high in August, but fortunes reversed in September, with a 10% decline ...

Despite incoming revenue, the company financial picture remains shaky. Still, the company delivered a net loss of C$413,151 amid total expenses of $C548,994. The ...

Sales in 2024 alone are on track to hit $1 billion by the end of the year. Johnson & Johnson (NYSE: JNJ) has asked U.S. regulators to approve its nasal spray Spravato as a standalone treatment for ...

Illinois expansion will continue despite the funding setback. Hempacco Co. Inc. (NASDAQ: HPCO) acquired certain assets from Simtech LLC, MJAC Vending LLC, and Bear Air LLC. The deal includes 120 Nayxs ...

The privately-owned brand posted decent sales numbers as it situates itself in the New York market. Northeast cannabis brand Fernway posted strong second-quarter results alongside new financing ...

The state reported total cannabis sales for April of just $97 million, the lowest tally since February 2021. The Arizona recreational cannabis market is now nearly four times the size of the medical ...

The DEA's response to the hearing requests could impact the timeline. Former Drug Enforcement Administration leaders and Republican state attorneys general are pushing for public hearings on the Biden ...

The two have now signed a definitive agreement to close the deal. Nature’s Miracle Holding Inc. (NASDAQ: NMHI) and Agrify Corporation (Nasdaq: AGFY) are merging in an all-stock deal that will see the ...

Patient enrollment for a third study on REL-1017, designed to treat major depressive disorder, is ongoing. Florida-based Relmada Therapeutics (Nasdaq: RLMD) posted another $21.8 million loss for the ...

New and amended leases offset the impact of repossessed properties and lease reclassifications. California-based Innovative Industrial Properties Inc. (NYSE: IIPR) reported a slight dip in net income ...

Canopy will use the net proceeds for working capital and general purposes. Canadian cannabis producer Canopy Growth Corp. (TSX: WEED) (Nasdaq: CGC) announced Wednesday that it secured approximately ...