The Fall of a Cannabis Giant: Cookies Faces Financial Collapse
How a $250 million cannabis empire found itself on the brink of insolvency
2025-11-23
Latest Stories
View All
Breaking Ground: Cannabis Medicine for Women's Health
Millions of women suffer from endometriosis with limited treatment options. Ananda Pharma is taking a pharmaceutical approach to developing the first regulator-approved CBD treatment for this painful condition.
Cannabis and Romance: New Study Reveals Surprising Gender Differences
Israeli researchers found that high-intensity cannabis use correlates with greater romantic satisfaction for women, while men experience the reverse-a gender gap that warrants further investigation.
The Fall of a Cannabis Giant: Cookies Faces Financial Collapse
Once valued at $250 million and featured on Forbes' cover, the Cookies brand now faces an existential crisis as court orders divert its revenue streams to settle an $8.4 million judgment.
Delaware's Cannabis Zoning Dilemma: Progress or Political Theater?
After the governor vetoed legislation to override local zoning restrictions, Sussex County has amended its rules for cannabis businesses-but the changes may be too limited to make a real difference.
Beyond the Potency Race: The Rise of Functional THC
For years, THC percentage dominated cannabis marketing. Now, a new movement focused on 'functional THC' is redefining what quality means in the cannabis industry.
The End of an Era: Federal Hemp THC Ban Reshapes the Industry
The U.S. Senate has passed legislation that will effectively ban most hemp-derived THC products by late 2026, marking a dramatic shift for an industry that employs hundreds of thousands.
Deception and Democracy: The Fight to End Cannabis in Massachusetts
A ballot initiative seeking to end Massachusetts' $1.6 billion cannabis industry faces accusations of using deceptive signature-gathering tactics-and there's little anyone can do about it.
Minnesota Lawmakers Push for Hemp THC Ban Exemption
Rep. Ilhan Omar and other Minnesota legislators are working to secure exemptions from the federal hemp THC ban for states that have already established regulatory frameworks-but face pushback from prohibition advocates.
Keeping Cannabis Medical: New York's Unique Approach
While most states see medical cannabis enrollment plummet after adult-use legalization, New York is taking a different path with a dedicated chief health officer focused on keeping cannabis medical.
Ohio Charts Its Own Course on Hemp THC Beverages
While most hemp-derived THC products face prohibition in Ohio, the state is carving out a unique exception for beverages-at least through 2026.