Opinion: Marijuana industry optimism fueled by operational upgrades
6:30am By Kate LavinCaught up in the next big announcement, the cannabis industry has overlooked impressive work operators did in 2023 to improve performance and efficiency.…Cannabis retailer High Tide appoints new CFO
Thu 4:30pm By Matt LamersCanadian adult-use cannabis retailer High Tide has appointed Mayank Mahajan as the company's new chief financial officer. Cannabis retailer High Tide appoints new CFO is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneursNew lawsuit filed over New York marijuana business licensing
Thu 3:16pm By Chris CasacchiaAn applicant in upstate New York seeking a marijuana cultivation and processor license is suing regulators in the latest legal challenge to alleged "priority" status in the state.…Connecticut advances bill to restrict hemp products
Thu 2:22pm By Kate RobertsonConnecticut's House of Representatives voted in favor of a bill that would restrict and regulate hemp products in the state.…US cannabis business licenses down 6% in first quarter of 2024
Thu 6:30am By Andrew LongThe number of active U.S. cannabis business licenses fell 6% during the first quarter of 2024, according to CRB Monitor, a cannabis intelligence firm.…Farm Bill framework seeks to define hemp, doesn’t mention delta-8 THC
Wed 6:07pm By Kate LavinDemocratic leaders on the U.S. Senate Agricultural Committee seek to define industrial hemp in the upcoming U.S. Farm Bill, according to a framework the group unveiled Wednesday.…Florida Gov. DeSantis plans to help fight recreational marijuana ballot measure
Wed 3:29pm By Chris CasacchiaFlorida Gov. Ron DeSantis indicated he will take a pronounced role in helping to defeat the state’s November ballot measure to legalize recreational marijuana.…Georgia governor signs off on bill regulating hemp products
Wed 3:09pm By Kate RobertsonGeorgia's governor signed off on a bill aimed at regulating hemp-derived products and growing the state's hemp industry.…Cookies to acquire ‘related’ cannabis assets in Florida
Wed 1:25pm By Solomon IsraelMarijuana brand Cookies plans to acquire "all operational cannabis assets related to the production and sale of Cookies-branded cannabis products" in Florida from TRP Co. and affiliated companies.…Missouri social equity marijuana applicants appeal license revocations
Wed 7:00am By Kate RobertsonTwo social equity marijuana applicants in Missouri are appealing regulators' decision to revoke their business licenses because of their connection to a Michigan company called Canna Zoned.…US, Canadian cannabis stocks rally after rescheduling report
Tue 4:05pm By Solomon IsraelCannabis stocks surged Tuesday afternoon on the news that the U.S. Drug Enforcement Administration (DEA) intends to reclassify marijuana to Schedule 3 of the Controlled Substances Act.…DEA signs off on marijuana rescheduling, report says, but process not done yet
Tue 2:32pm By Chris RobertsTuesday’s revelation that the U.S. Drug Enforcement Administration will loosen federal restrictions on marijuana has major implications for the American cannabis industry.…Cannabis retailer Schwazze settles $525,000 budtender wage-theft claim
Tue 1:45pm By Chris CasacchiaA Denver-based cannabis multistate operator has settled a lawsuit in New Mexico with budtenders who claimed wage theft and is facing a similar case in its home state of Colorado.…Arkansas medical marijuana sales worth $22.7 million in March
Tue 1:19pm By Solomon IsraelRegistered medical marijuana patients in Arkansas spent $22.7 million to buy 6,069 pounds of cannabis in March.…MedMen receiver sets date to meet with creditors after cannabis MSO’s bankruptcy filing
Tue 6:30am By Chris CasacchiaCreditors of cannabis operator MedMen Enterprises will meet in a few weeks as investors seek repayment for hundreds of millions of dollars in outstanding debt.…Kansas Senate quashes effort to force debate on medical marijuana bill
Mon 3:26pm By Kate RobertsonThe latest effort to legalize medical marijuana in Kansas has been halted by the Republican-controlled state Senate.…Auditor KPMG dumping cannabis clients over ‘elevated risk’
Mon 2:57pm By Matt LamersKPMG in Canada has decided to cease providing financial-statement audit services to businesses in the cannabis industry, marking an incredible turnaround for a company that had raked in millions from the burgeoning sector.…North Dakota recreational marijuana ballot attempt gets green light
Mon 2:01pm By Solomon IsraelA North Dakota group can move forward with an attempt to put recreational marijuana on the state ballot in November after the campaign received approval from the secretary of state.…‘They’re taking all of our cannabis,’ New Mexico gov says of Homeland Security
Mon 12:52pm By Chris RobertsNew Mexico Gov. Michelle Lujan Grisham says she was expressing her “frustration with federal interference” in her state’s regulated cannabis industry when she criticized the head of the U.S. Department of Homeland Security in audio leaked last week.…Marijuana bankruptcy reform could be inching closer for US operators
Mon 6:30am By Solomon IsraelWith federal marijuana rescheduling possible in the near future, bankruptcy reform could be somewhere over the horizon.…Tootsie Roll legal threat prompts Michigan manufacturer to rebrand cannabis edible
Apr 26, 2024, 2:51 pm By Chris CasacchiaA cannabis products manufacturer in Michigan has rebranded its flagship edible after receiving a cease-and-desist letter from Tootsie Roll Industries.…Massachusetts adult-use marijuana sales top $6 billion since launch
Apr 26, 2024, 1:48 pm By Kate RobertsonMassachusetts adult-use marijuana retailers sold more than $6 billion in products since the program launched in 2018.…Hawaii gov suggests easing medical cannabis access after adult use fails
Apr 26, 2024, 1:21 pm By Solomon IsraelHawaii's governor is proposing that the state open up access to medical cannabis after the failure of an adult-use legalization bill.…DEA must ‘make good’ on marijuana rescheduling, Democratic lawmakers say
Apr 26, 2024, 12:30 pm By Chris RobertsThe U.S. Drug Enforcement Administration has offered federal lawmakers a rare glimpse into the ongoing marijuana rescheduling process.…German cannabis imports rise to 34.6 tons as cultivators eye end of quota system
Apr 26, 2024, 6:30 am By Matt LamersGermany imported a record amount of cannabis for medical and scientific use in 2023, as international businesses looked for sales opportunities in Europe’s largest federally regulated medical marijuana market.…New York’s fiscal budget vastly expands unlicensed marijuana store crackdown
Apr 25, 2024, 3:26 pm By Chris CasacchiaThe newly approved annual state budget in New York greatly expands enforcement actions and resources to curb the proliferation of unlicensed marijuana operators.…Canada recalls contaminated cannabis after government testing
Apr 25, 2024, 2:58 pm By Solomon IsraelCanada's federal regulator has issued a recall for a batch of recreational cannabis sold in British Columbia, citing microbial contamination discovered by random government testing.…Grown Rogue increases stake in its Michigan marijuana operation
Apr 25, 2024, 2:43 pm By Kate RobertsonGrown Rogue, an Oregon-based craft marijuana cultivator, increased its stake in its Michigan operation, Golden Harvests, from 52.2% to 80% through two transactions.…‘Now is the time’ for cannabis banking reform, key Democrat says
Apr 25, 2024, 1:00 pm By Chris RobertsFederal lawmakers are inching closer to a deal on legislation that could include cannabis banking reform, a leading House Democrat says.…Marijuana retailers report robust sales from 4/20 weekend
Apr 25, 2024, 6:30 am By Chris CasacchiaU.S. marijuana retailers reported brisk business on April 20, the biggest day of the year for cannabis sales, despite setbacks from widespread e-commerce platform outages.…
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