Cresco Labs expanded its Pennsylvania retail footprint as California intensified enforcement against illegal intoxicating products and investigated troubling conditions at a licensed cultivation site. Alaska regulators also opened a potentially consequential debate over cannabinoid sourcing, while Fox News began an abrupt programming transition.
Tag: California cannabis
Federal Hemp Ban Delayed
President Trump signed a temporary reprieve for much of the hemp-derived THC market, California highlighted nearly $8.4 billion in cannabis tax revenue, and Aurora formally rejected Curaleaf’s hostile takeover bid.
Federal Hemp Market Gets a One-Month Reprieve
Federal hemp restrictions are delayed until December, Aurora rejects Curaleaf’s hostile takeover bid, and California reports $8.4 billion in cannabis tax revenue alongside a major illicit-market seizure.
Rescheduling Record Advances as Cannabis M&A Accelerates
The DEA released the complete record from its marijuana rescheduling hearing, while major transactions moved forward in Arizona and California cannabis retail and distribution.
