Cresco Labs Slashes Debt With $325m Refinancing Doubling Down on Growth Through 2030

Cresco Labs cuts $35M debt while doubling down on acquisitions, why the move could reshape cannabis consolidation through 2030.

Will Federal Reclassification Save Chicago’s Cannabis Industry From Costly Limits?

Federal marijuana reclassification could slash Chicago cannabis businesses’ crushing 70% tax rates, but new FDA hurdles threaten industry survival.

Alcohol Giants Brace as Trendy Cannabis Drinks Threaten Their Sales Stronghold

As cannabis beverages surge from a $1.16 billion global market in 2023 toward projections reaching as high as $117 billion by 2032, traditional alcohol companies are scrambling to defend territory they’ve dominated for centuries.

Delaware’s Cannabis Debut Stuns With $903k Weekend Sales Surge – Is Demand Already Outpacing Supply?

Delaware’s cannabis launch exploded with $903k weekend sales, but supply shortages are already emerging. Is the state’s regulatory strategy backfiring?

Arizona Attorney General Backs the Push to End Risky, Cash-Only Cannabis Banking

Thirty-two attorneys general have united behind a bipartisan push to revolutionize how America’s $30 billion cannabis industry handles money, with Arizona’s top prosecutor leading the charge against what she calls “dangerous” cash-only business operations.

Understanding Section 280E: Impact on Cannabis Businesses

Cannabis businesses face staggering tax rates up to 80%—more than their profits! Will reform ever break this tax nightmare? The answer may surprise you.