MJBizDaily · Page 106

Tribe opens adult-use marijuana store as Minnesota legalization begins
Aug 3, 2023, 6:20 pm By Chris Casacchia
A Native American tribe in Minnesota launched recreational marijuana sales Wednesday, the first day…

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Story Cannabis Co. acquires four-store chain in Arizona
Aug 3, 2023, 5:50 pm By Kate Robertson
Multistate operator Story Cannabis Co. acquired four vertically integrated marijuana licenses in…

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Avicanna completes marijuana unit acquisition from Shoppers Drug Mart
Aug 3, 2023, 5:28 pm By Matt Lamers
Toronto-headquartered Avicanna announced the closing of its acquisition of the Medical Cannabis by…

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Canadian cannabis producer Cannara Biotech’s profit rises in quarter
Aug 3, 2023, 3:21 pm By Matt Lamers
Montreal cannabis producer Cannara Biotech reported a profit of 2.9 million Canadian dollars ($2.2…

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Minnesota’s low-dose THC beverage market is booming
Aug 3, 2023, 10:30 am By Chris Casacchia
Minnesota, of all places, has become the hottest market for low-dose, hemp-derived THC beverages in…

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Hemp companies sue to overturn Arkansas ban on delta THC products
Aug 2, 2023, 8:04 pm By Chris Roberts
A group of hemp companies are suing the state of Arkansas in a bid to overturn a recently enacted…

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Canada faces ‘potential’ class action suit, ex-cannabis legalization chair says
Aug 2, 2023, 4:03 pm By Matt Lamers
Canada's federal government could face legal consequences for failing to facilitate research on…

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New Mexico marijuana store accused of illegal sales, extraction
Aug 2, 2023, 3:00 pm By Kate Robertson
New Mexico regulators filed an injunction to pause operations at an Albuquerque marijuana store…

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Bedrocan owes profit to focus on medical cannabis: Q&A with founder Tjalling Erkelens
Aug 2, 2023, 10:30 am By Matt Lamers
Are medical and adult-use cannabis effectively the same thing, and can businesses thrive in both…

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Long shot effort to repeal medical marijuana in South Dakota launches
Aug 1, 2023, 9:19 pm By Chris Roberts
A South Dakota man has launched an effort to convince voters to repeal the state’s medical…

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Financier Pelorus Capital Group prices cannabis real estate securitization
Aug 1, 2023, 7:46 pm By Kate Robertson
California-based commercial real estate lender Pelorus Capital Group priced a securitization for…

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Seven unlicensed marijuana stores shut down across New York
Aug 1, 2023, 6:32 pm By Chris Casacchia
New York cannabis regulators and law enforcement agencies said they shut down seven unlicensed…

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Canadian producer MediPharm exports cannabis oil to US for clinical trial
Aug 1, 2023, 5:12 pm By Matt Lamers
Canadian marijuana producer MediPharm Labs said it completed a shipment of cannabis oil containing…

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Small marijuana businesses take advantage of purported 280E loophole
Aug 1, 2023, 10:30 am By Kate Robertson
A growing number of marijuana businesses are taking advantage of a tax strategy that might reduce…

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New York adult-use operator reports $12 million in cannabis sales in 6 months
Jul 31, 2023, 7:21 pm By Chris Casacchia
Housing Works Cannabis Co., the first adult-use retailer to open in New York, generated about $12…

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Massachusetts marijuana regulatory agency ‘in crisis’ as chief quits
Jul 31, 2023, 5:31 pm By Chris Roberts
The sudden departure of the Massachusetts Cannabis Control Commission's executive director puts the…

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Cannabis MSOs Cresco Labs, Columbia Care terminate planned merger
Jul 31, 2023, 3:56 pm By Kate Robertson
Cannabis multistate operators Cresco Labs and Columbia Care are officially walking away from their…

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Share consolidation sweeps marijuana industry as stock prices flop
Jul 31, 2023, 10:30 am By Solomon Israel
In the face of slumping cannabis stock prices, publicly traded Canadian marijuana producers and U.S.…

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Rhode Island regulators investigating cannabis retailer’s late payments
Jul 28, 2023, 5:03 pm By Kate Robertson
Rhode Island regulators investigating cannabis retailer’s late payments is a post from:…

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No timeline on Biden administration marijuana rescheduling, DEA chief says
Jul 28, 2023, 4:33 pm By Chris Roberts
The Biden administration has yet to provide the U.S. Drug Enforcement Administration a “specific…

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