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Green Market Report, a Crain Family Brand

@greenmarketreport.com

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greenmarketreport.com Meet our team: @dborchardt.bsky.social Founder & Executive Editor @johnschroyer.bsky.social Sr. Reporter @adamjaxon.bsky.social Breaking News Reporter @jenelsh.bsky.social Managing Editor @mpemco.bsky.social Sales & Events Director

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 21/04/2025

The rumors are true. Green Market Report has been shelved by Crain Communications. Thank you, everyone, for your support over the years.

Green Market Report, a Crain Family Brand @greenmarketreport.com · 18/04/2025

One of Las Vegas’ cannabis lounges closes its doors www.greenmarketreport.com/one-of-la…

greenmarketreport.com

One of Las Vegas’ cannabis lounges closes its doors

Vegas lounges struggle to gain foothold one year after launch, with one of the first venues switching to special events amid financial pressures.

Green Market Report, a Crain Family Brand @greenmarketreport.com · 18/04/2025

Psyence Group consolidates its shares www.greenmarketreport.com/psyence-g…

greenmarketreport.com

Psyence Group consolidates its shares

The company said it believes it has enough funding for the next year.

Green Market Report, a Crain Family Brand @greenmarketreport.com · 18/04/2025

Nebraska medical cannabis regulations stall in legislative committee www.greenmarketreport.com/nebraska-…

greenmarketreport.com

Nebraska medical cannabis regulations stall in legislative committee

Medical marijuana remains legal in Nebraska, but implementation faces hurdles after regulatory bill fails to advance.

Green Market Report, a Crain Family Brand @greenmarketreport.com · 18/04/2025

Regulatory chaos threatens US hemp industry www.greenmarketreport.com/regulator…

greenmarketreport.com

Regulatory chaos threatens US hemp industry

Inconsistent state regulations threaten to derail the multibillion-dollar hemp industry and cost farmers billions in lost revenue.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 17/04/2025

Report: California regulators suspend cannabis lab’s business license for questionable test results www.greenmarketreport.com/report-ca…

greenmarketreport.com

Report: California regulators suspend cannabis lab’s business license for questionable test results

BelCosta executives asserted any problems were innocent mistakes rather than nefarious acts.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 17/04/2025

Fluent posts $40M loss for 2024 despite New York entry, other expansion efforts www.greenmarketreport.com/fluent-po…

greenmarketreport.com

Fluent posts $40M loss for 2024 despite New York entry, other expansion efforts

CEO: The company was “somewhat impacted by broader industry dynamics,” due in part to the failure of Amendment 3 in Florida.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 17/04/2025

Arkansas governor spikes medical marijuana drive-thru windows www.greenmarketreport.com/arkansas-…

greenmarketreport.com

Arkansas governor spikes medical marijuana drive-thru windows

The bill could still become law, however, because Arkansas only requires a simple majority to overturn a governor’s veto.

Green Market Report, a Crain Family Brand @greenmarketreport.com · 17/04/2025

Kentucky auditor to investigate license lottery system www.greenmarketreport.com/kentucky-…

greenmarketreport.com

Kentucky auditor to investigate license lottery system

Concerns about out-of-state operators and application stacking have been raised about the licensing process.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 17/04/2025

STATES Act reintroduced in Congress with bipartisan support www.greenmarketreport.com/states-ac…

greenmarketreport.com

STATES Act reintroduced in Congress with bipartisan support

The latest effort, dubbed STATES Act 2.0, would nullify 280E and protect state-legal cannabis markets.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 17/04/2025

Trio of Metrc-related lawsuits could force systemic changes for track-and-trace, enforcement tactics www.greenmarketreport.com/trio-of-m…

greenmarketreport.com

Trio of Metrc-related lawsuits could force systemic changes for track-and-trace, enforcement tactics

The lawsuits claim that regulators are ignoring market irregularities in the track-and-trace system

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 17/04/2025

4Front Ventures delays annual filings, can’t pay auditors www.greenmarketreport.com/4front-ve…

greenmarketreport.com

4Front Ventures delays annual filings, can’t pay auditors

The cash-strapped multi-state operator is seeking a management cease trade order while working to secure financing.

Green Market Report, a Crain Family Brand @greenmarketreport.com · 17/04/2025

Safe Harbor Financial, FundCanna team up to tackle cannabis banking headaches www.greenmarketreport.com/safe-harb…

greenmarketreport.com

Safe Harbor Financial, FundCanna team up to tackle cannabis banking headaches

The new partnership wants to solve the typical cannabis cash crunch for businesses through a referral deal.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 17/04/2025

Tilray proposes reverse split to drive share price higher www.greenmarketreport.com/tilray-pr…

greenmarketreport.com

Tilray proposes reverse split to drive share price higher

The company has increased shares by 18% in one year and has almost a billion shares outstanding.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 17/04/2025

Florida’s marijuana patient base continues to grow as lawmakers target hemp industry www.greenmarketreport.com/floridas-…

greenmarketreport.com

Florida’s marijuana patient base continues to grow as lawmakers target hemp industry

Growth continues as Florida senators work to end hemp’s nascent industry and their gas station convenience.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 16/04/2025

Sonoma County joins growing list of California localities rolling back cannabis taxes www.greenmarketreport.com/sonoma-co…

greenmarketreport.com

Sonoma County joins growing list of California localities rolling back cannabis taxes

The new rates, which still require a second board vote, are expected to go into effect on July 1.

Green Market Report, a Crain Family Brand @greenmarketreport.com · 16/04/2025

Missouri marijuana sales holding steady in 2025 www.greenmarketreport.com/missouri-…

greenmarketreport.com

Missouri marijuana sales holding steady in 2025

The state reported total sales of $130.8 million in March, just shy of the December 2024 holiday peak.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 16/04/2025

Report: Canadian cannabis market growth slows to 4% in first quarter www.greenmarketreport.com/report-ca…

greenmarketreport.com

Report: Canadian cannabis market growth slows to 4% in first quarter

Market fragmentation continues as top companies shift focus to exports and sustainable growth, the analysis found.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 16/04/2025

Poll: Most Canadians support cannabis industry expansion www.greenmarketreport.com/poll-most…

greenmarketreport.com

Poll: Most Canadians support cannabis industry expansion

Two-thirds of nearly 2,000 Canadians surveyed favor government policies that strengthen the growing cannabis sector.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 16/04/2025

Lab equipment giant ensnared in sprawling $300M fraud case over failed testing tools www.greenmarketreport.com/lab-equip…

greenmarketreport.com

Lab equipment giant ensnared in sprawling $300M fraud case over failed testing tools

They invested millions in cannabis testing equipment that allegedly couldn’t pass a basic test itself. Now a slew of labs are fighting back.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 16/04/2025

Diversification, expansion key for cannabis marketing in lead up to 4/20 www.greenmarketreport.com/diversifi…

greenmarketreport.com

Diversification, expansion key for cannabis marketing in lead up to 4/20

One marketing expert advises cannabis companies to get away from the “stoner stereotype.”

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 15/04/2025

Brooklyn dispensary sues state over pro-union marijuana industry rule www.greenmarketreport.com/brooklyn-…

greenmarketreport.com

Brooklyn dispensary sues state over pro-union marijuana industry rule

The lawsuit argues that the required LPA is invalid under both the U.S. Constitution and the National Labor Relations Act.

Green Market Report, a Crain Family Brand @greenmarketreport.com · 15/04/2025

Arizona marijuana market continues downward trend in February www.greenmarketreport.com/arizona-m…

greenmarketreport.com

Arizona marijuana market continues downward trend in February

February cannabis sales fell almost 15% from last year.

Green Market Report, a Crain Family Brand @greenmarketreport.com · 15/04/2025

Missouri revokes 25 cannabis licenses in social equity program crackdown www.greenmarketreport.com/missouri-…

greenmarketreport.com

Missouri revokes 25 cannabis licenses in social equity program crackdown

State officials cite manipulation of its program intended for disadvantaged entrepreneurs.

Green Market Report, a Crain Family Brand @greenmarketreport.com · 15/04/2025

Psyence BioMed invests $500,000 more into PsyLabs, locks down Ibogaine supply deal www.greenmarketreport.com/psyence-b…

greenmarketreport.com

Psyence BioMed invests $500,000 more into PsyLabs, locks down Ibogaine supply deal

The biotech firm expands its psychedelics pipeline with rights to a promising addiction treatment compound.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 15/04/2025

Michigan regulator wants out of RICO case www.greenmarketreport.com/michigan-…

greenmarketreport.com

Michigan regulator wants out of RICO case

Brian Hanna argued that he has no connection to the company other than licensing.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 15/04/2025

Grown Rogue posts strong early results from ABCO Garden State www.greenmarketreport.com/grown-rog…

greenmarketreport.com

Grown Rogue posts strong early results from ABCO Garden State

The Jersey affiliate showed promising first-quarter performance with plans to double production capacity by early 2026.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 15/04/2025

SEC hands down more final judgments in CanaFarma fraud case www.greenmarketreport.com/sec-hands…

greenmarketreport.com

SEC hands down more final judgments in CanaFarma fraud case

The SEC said this ends its litigation over CanaFarma.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 15/04/2025

Recreational cannabis continues to fuel Ohio sales numbers www.greenmarketreport.com/recreatio…

greenmarketreport.com

Recreational cannabis continues to fuel Ohio sales numbers

Ohio’s legal cannabis industry has generated $656.4 million in sales in eight months.

Green Market Report, a Crain Family Brand @greenmarketreport.com · 15/04/2025

Hemp beverages beat craft beers when it comes to tariffs www.greenmarketreport.com/hemp-beve…

greenmarketreport.com

Hemp beverages beat craft beers when it comes to tariffs

Whitney Economics thinks hemp beverages will come out on top in the tariff chaos.

Green Market Report, a Crain Family Brand @greenmarketreport.com · 14/04/2025

Cannabis vape companies hit hard by tariffs – compounding headwinds in Michigan www.greenmarketreport.com/cannabis-…

greenmarketreport.com

Cannabis vape companies hit hard by tariffs – compounding headwinds in Michigan

Concerns abound that the effect on the already financially stressed industry could be more cut corners, higher risk.

Green Market Report, a Crain Family Brand @greenmarketreport.com · 14/04/2025

Missouri updates massive 2023 cannabis product recall list www.greenmarketreport.com/missouri-…

greenmarketreport.com

Missouri updates massive 2023 cannabis product recall list

The Missouri Department of Cannabis Regulation updated the list to include roughly 6,000 sold under the Midwest Magic brand.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 14/04/2025

Somehow, it's already April - and mid-April at that. Now's a perfect time to plan a trip to NYC for the annual Green Market Report Women in Cannabis Summit, taking place May 22 @ the Kimmel Center @ NYU. Learn more & register here: greenmarketreport.com/WomenSummit

Green Market Report, a Crain Family Brand @greenmarketreport.com · 14/04/2025

Minnesota cannabis licensing process advances, but delays expected www.greenmarketreport.com/minnesota…

greenmarketreport.com

Minnesota cannabis licensing process advances, but delays expected

Minnesota can now move forward with issuing cannabis business licenses, though industry insiders say actual sales remain months away.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 14/04/2025

Rhode Island finalizes long-awaited retail cannabis expansion www.greenmarketreport.com/rhode-isl…

greenmarketreport.com

Rhode Island finalizes long-awaited retail cannabis expansion

Rhode Island moves closer to issuing 24 new cannabis dispensary licenses as officials adopt final rules after two-year process.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 14/04/2025

Philadelphia cannabis investor wins nearly $25M in fraud case against former partners www.greenmarketreport.com/philadelp…

greenmarketreport.com

Philadelphia cannabis investor wins nearly $25M in fraud case against former partners

The judge upheld the award to a dispensary owner who claims she was misled into reducing her ownership stake just before a lucrative sale.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 14/04/2025

Advanced Flower Capital fires back at Justice Grown group www.greenmarketreport.com/advanced-…

greenmarketreport.com

Advanced Flower Capital fires back at Justice Grown group

AFC filed a 60-page complaint outlining how Justice Grown failed to live up to its credit agreements.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 14/04/2025

Avicanna caps record year of sales as it swims out of the red www.greenmarketreport.com/avicanna-…

greenmarketreport.com

Avicanna caps record year of sales as it swims out of the red

Fourth quarter performance contributed to the Canadian cannabis company’s strongest financial results to date, though cash concerns persist.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 14/04/2025

U.S. Cannabis Roundtable ‘optimistic’ that rescheduling still on the table www.greenmarketreport.com/u-s-canna…

greenmarketreport.com

U.S. Cannabis Roundtable ‘optimistic’ that rescheduling still on the table

The question, according to the council, is when will the president put cannabis in the political spotlight.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 11/04/2025

Michigan’s marijuana price collapse slows as sales rebound www.greenmarketreport.com/michigans…

greenmarketreport.com

Michigan’s marijuana price collapse slows as sales rebound

Sales growth occurred in all sales categories but the largest growth was in adult-use marijuana flower.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 11/04/2025

MindBio Therapeutics nabs $170,000 private placement, $1.76M debt settlement www.greenmarketreport.com/mindbio-t…

greenmarketreport.com

MindBio Therapeutics nabs $170,000 private placement, $1.76M debt settlement

The psychedelic medicine company looks to restructure finances while advancing clinical trials for depression treatment.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 11/04/2025

New study explores how THC-infused drinks are shaping drinking habits www.greenmarketreport.com/new-study…

greenmarketreport.com

New study explores how THC-infused drinks are shaping drinking habits

The study is looking for 2,000 participants willing to share feedback on their consumption patterns.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 11/04/2025

Stock moves: SNDL lists on CSE, IM Cannabis receives Nasdaq delist warning www.greenmarketreport.com/stock-mov…

greenmarketreport.com

Stock moves: SNDL lists on CSE, IM Cannabis receives Nasdaq delist warning

SNDL added the Canadian exchange listing while Nasdaq warns IM Cannabis for being nearly US$500,000 below the listing mark.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 11/04/2025

Scotts cuts Hawthorne Collective loose as it pivots away from cannabis www.greenmarketreport.com/scotts-cu…

greenmarketreport.com

Scotts cuts Hawthorne Collective loose as it pivots away from cannabis

Hawthorne Collective was the investment arm that gave Riv Capital $200 million to buy New York-based Etain.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 11/04/2025

Cannabis industry navigates tariff shakeup with resilience akin to COVID days www.greenmarketreport.com/cannabis-…

greenmarketreport.com

Cannabis industry navigates tariff shakeup with resilience akin to COVID days

As markets whipsaw in memecoin-fashion, some cannabis execs see limited impact from escalating US-China trade tensions versus other sectors.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 10/04/2025

California seizes over $316 million of illegal cannabis www.greenmarketreport.com/californi…

greenmarketreport.com

California seizes over $316 million of illegal cannabis

The state gave a generous valuation to the pounds it seized.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 10/04/2025

Dutch coffee shops kick off government-sourced cannabis sales www.greenmarketreport.com/dutch-cof…

greenmarketreport.com

Dutch coffee shops kick off government-sourced cannabis sales

After decades of legal ambiguity, coffee shops must now source products exclusively from licensed cultivators.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 10/04/2025

Tilray continues closing breweries www.greenmarketreport.com/tilray-co…

greenmarketreport.com

Tilray continues closing breweries

Tilray had big hopes for craft brew revenue, but instead is seeing sales dip after making numerous acquisitions.

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Green Market Report, a Crain Family Brand @greenmarketreport.com · 10/04/2025

New administration causing more cannabis consumption says survey www.greenmarketreport.com/new-admin…

greenmarketreport.com

New administration causing more cannabis consumption says survey

Economic worries could also be driving people to home grows.

Green Market Report, a Crain Family Brand @greenmarketreport.com · 10/04/2025

Hemp industry calls out FDA for its ‘inconsistent stance’ on regulation www.greenmarketreport.com/hemp-indu…

greenmarketreport.com

Hemp industry calls out FDA for its ‘inconsistent stance’ on regulation

The hemp industry advocated for federal oversight for the sake of consumer safety, as lawmakers focused on the broader FDA crisis.

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