New CEO aims to transform Safe Harbor from cannabis lending to fintech
6:30am By Chris CasacchiaTerry Mendez is implementing sweeping changes at Safe Harbor Financial to diversify its core business and improve its standing as a publicly traded company.…Trulieve, Cresco lobbying Pennsylvania to legalize adult-use marijuana, report says
Mon 5:00pm By Chris RobertsMajor marijuana multistate operators are betting big on Pennsylvania to be the next state to legalize adult-use marijuana.…Minnesota extends cannabis license application deadline after system outage
Mon 4:08pm By Margaret JacksonMinnesota's cannabis regulatory agency extended the deadline for adult-use business license applications after the computer system shut down for maintenance.…Will marijuana rescheduling happen under Trump? Industry’s doubts grow
Mon 6:30am By Chris RobertsPresident Donald Trump's choices over his first 50 days in office, including appointments to lead the federal drug and health agencies, are sowing serious doubts that marijuana’s status under federal law will change anytime soon.…Health Canada eases cannabis industry burden in regulations update
Fri 1:53pm By Margaret JacksonHealth Canada has updated regulations governing the nation's cannabis operators to address industry challenges while keeping intact public health and safety standards.…Colorado regulators allowed hemp-derived THC into market, lawsuit says
Fri 12:00pm By Chris RobertsColorado’s regulated marijuana market is riddled with unsafe and illegal hemp-derived THC, a flow that regulators are unable or unwilling to stop, a state-licensed cannabis company alleges in a lawsuit.…Dear Congress: 280E isn’t a tax break for cannabis companies
Fri 6:30am By Kate LavinBecause 280E thwarts operational success, it greatly incentivizes people to perpetuate the illicit marijuana market.…Wana Brands gets hemp-derived THC beverage line in Total Wine stores
Thu 2:01pm By Margaret JacksonCannabis edibles maker Wana Brands has landed a deal in which its line of hemp-derived THC-infused beverages will be carried at Total Wine & More locations in nine states across the country.…Maryland’s high-demand marijuana market undermined by restrictions, delays
Thu 6:30am By Margaret JacksonThe rollout of Maryland’s social equity marijuana program has faced significant delays, with none of the businesses open nearly a year after they were awarded licenses.…California extends hemp-derived THC ban
Wed 5:06pm By Chris RobertsCalifornia’s total ban on products with any detectable level of hemp-derived THC is poised to continue until at least June. California extends hemp-derived THC ban is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneursKansas introduces bills to legalize medical and adult-use marijuana
Wed 3:13pm By Chris CasacchiaSeparate bills have been introduced in the Kansas Legislature that would legalize medical and adult-use marijuana in the state.…Delaware recreational cannabis licensees push state to let them open for business
Wed 12:56pm By Margaret JacksonWith recreational cannabis having been approved in Delaware nearly two years ago, marijuana operators, advocates and consumers are getting tired of waiting for the state to allow businesses to open.…Hundreds of Humboldt marijuana farmers expected to lose licenses over tax debt
Wed 6:30am By Chris CasacchiaHundreds of marijuana farmers in California’s Humboldt County are in jeopardy of losing their business licenses as a deadline looms to pay county cultivation taxes levied years ago.…Florida judge dismisses Trulieve Cannabis’ legalization defamation lawsuit
Mar 11, 2025, 4:25 pm By Chris RobertsA Florida judge dismissed a lawsuit filed by Trulieve Cannabis against the state Republican Party during the company’s failed push to legalize adult-use marijuana in the Sunshine State.…Idaho bill would eliminate voter approval for marijuana legalization
Mar 11, 2025, 2:21 pm By Chris CasacchiaA House bill had advanced in Idaho that would give the state legislature the sole authority to legalize and regulate marijuana.…Cannabis store owner owes $930,000 in back taxes, indictment alleges
Mar 11, 2025, 12:58 pm By Margaret JacksonA Washington, D.C., marijuana dispensary owner faces 19 charges of failing to pay about $930,000 in federal income and employment taxes for her business Herbal Alternatives II.…Cannabis vape companies worry Chinese tariffs will cause safety crisis
Mar 11, 2025, 6:30 am By Kate LavinCannabis vape companies are moving manufacturing out of China, partly due to tariffs. Some fear cheap vape cartridges will jeopardize consumer health.…Kentucky drops hemp-derived THC drinks ban, will limit & regulate
Mar 10, 2025, 4:00 pm By Chris RobertsKentucky lawmakers won’t ban beverages with intoxicating amounts of hemp-derived THC – at least not yet. For now, the Bluegrass State will attempt to regulate and to study the increasingly popular products, while also imposing some limits, according to…Alabama Medical Cannabis Commission can issue medical marijuana licenses
Mar 10, 2025, 1:58 pm By Margaret JacksonThe Alabama Medical Cannabis Commission (AMCC) can proceed with issuing medical marijuana licenses in the state after an appeals court overturned a temporary restraining order that blocked it from doing so.…California’s Glass House secures $50 million credit line
Mar 10, 2025, 12:26 pm By Chris CasacchiaCalifornia vertically-integrated cannabis company Glass House secured a new $50 million credit line. California’s Glass House secures $50 million credit line is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneursSuspicions that DEA rigged rescheduling process fueled by court documents
Mar 10, 2025, 6:30 am By Chris RobertsLongstanding suspicions that the U.S. Drug Enforcement Administration is adamantly opposed to marijuana rescheduling - and weighted a public process to ensure it could reject moving the drug from Schedule 1 to Schedule 3 under federal law - are confirmed by…Ohio House Republicans’ cannabis measure a ‘slap in face,’ NORML says
Mar 7, 2025, 5:14 pm By Chris RobertsChanges to Ohio’s voter-approved adult-use cannabis law proposed in a bill introduced this week by House Republicans are less extreme than those passed by the state Senate.…Ayr Wellness is selling 4 marijuana stores in Illinois
Mar 7, 2025, 3:59 pm By Margaret JacksonAyr Wellness has signed a letter of intent to sell its four marijuana stores in Illinois because the company doesn’t have the scale to compete over the long term.…Bills that would add more hemp-product limits advance in Kentucky and Georgia
Mar 7, 2025, 2:23 pm By Chris CasacchiaState senators in Kentucky and Georgia advanced bills this week that would enact steeper restrictions on hemp products.…Building cannabis brands that reach across markets
Mar 7, 2025, 6:30 am By Kate LavinThe best cannabis brands find ways to connect, knowing their audience will choose brands that help them feel good about themselves, their communities and decisions.…Marijuana sales-tax challenge heads to Missouri Supreme Court
Mar 6, 2025, 2:41 pm By Chris CasacchiaA Missouri lawsuit challenging double taxation by local and county municipalities on marijuana sales will be heard by the state Supreme Court.…Cannabis producer Organigram closes final tranche of CA$124.6M funding
Mar 6, 2025, 12:49 pm By Margaret JacksonCanadian cannabis producer Organigram Holdings closed on the final of three tranches of an overall investment of 124.6 million Canadian dollars (roughly $87 million) from a wholly owned subsidiary of British American Tobacco.…Texas senator pitches medical marijuana program expansion, hemp THC ban
Mar 6, 2025, 11:30 am By Chris RobertsA Texas lawmaker wants to end the state’s nation-leading, $3 billion hemp-derived THC market while also expanding its notoriously restrictive medical marijuana program that bans all but extremely low THC products.…Pre-rolls close in on top cannabis sales spot in Canada
Mar 6, 2025, 6:30 am By Margaret JacksonCannabis sales in Canada dropped last year, but pre-roll sales continued to rise and are on the verge of becoming the top sales category in the country.…New Jersey governor proposes stiff marijuana tax hike, new hemp levy
Mar 5, 2025, 2:40 pm By Chris RobertsNew Jersey Gov. Phil Murphy is proposing a significant tax hike on the state’s $1 billion adult-use marijuana industry and a new, even bigger tariff on intoxicating hemp products.…
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