Legal cannabis cultivators like Bovenschen’s Pure Sunfarms are required by law to label every flower product with its total THC content, measured “in discrete units.” That’s despite a recent study showing cannabis flower’s THC content can vary by as much as one-third – even within the same plant.
Steven Brown firmly believes THCA flower is federally legal hemp under the 2018 Farm Bill.
As spurred lenders begin to encircle cannabis companies owing an estimated $3 billion in collective debt coming due soon, one overleveraged operator is resorting to what observers say are increasingly creative and desperate methods to protect assets from liquidation.
Accounts receivable (AR) are ballooning to unsustainable levels, and beyond a few informal “blacklisted” groups on social media, no one is talking about the financial chokehold this is putting on the supply chain.
When Maryland Gov. Wes Moore signed a law on April 22 exempting employee stock ownership plans (ESOPs) from the state’s strict five-year license-hold requirement for cannabis businesses, he opened up an exit strategy for founders.
The CEO Mammoth Farms stumbled onto ‘the blueprint for how to launder marijuana’ in and out of the state’s regulated industry, he told MJBizDaily.
Licensed cannabis operators and ancillary companies are bracing for rising business costs, lost customers and vendor backlash in the wake of President Donald Trump’s erratic blanket tariffs that have rattled the global economy and stoked fears of a recession and accelerated inflation in the United States.
The freewheeling days for hemp-derived THC in America appear to be dwindling.
More than 85% of regulated cannabis products sold in Colorado’s adult-use market might violate health and labeling laws, according to a recent report by one of the state’s cannabis operators.
