MJBizDaily · Page 116

New York initiates massive crackdown on unlicensed cannabis retailers
Jun 27, 2023, 8:26 pm By Chris Casacchia
The first two weeks of ramped-up enforcement in New York led to 33 inspections, dozens of violations…

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Alleged leader of $13 million illegal marijuana ring claims federal protection
Jun 27, 2023, 6:14 pm By Chris Roberts
An attorney for the alleged mastermind of an illegal interstate marijuana operation based in Maine…

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Minnesota distributor draws fine over ‘illegal’ THC products
Jun 27, 2023, 3:27 pm By Solomon Israel
Minnesota's pharmacy board has disciplined a company for allegedly selling "illegal" cannabis…

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How big is California’s legal marijuana market? Think a small nation
Jun 27, 2023, 10:30 am By Andrew Long
Even with the recent financial and tax woes roiling California’s marijuana industry, there's…

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Alabama judge extends deadline for medical cannabis license appeals
Jun 26, 2023, 10:53 pm By Chris Roberts
Applicants denied an Alabama medical cannabis business license have until July to appeal, thanks to…

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Oklahoma medical marijuana supply far exceeds demand, report says
Jun 26, 2023, 7:39 pm By Chris Casacchia
Supply in Oklahoma’s medical marijuana market is at least 32 times higher than patient demand,…

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Cannabis operator TerrAscend ups private placement to $20 million
Jun 26, 2023, 5:51 pm By Kate Robertson
North American cannabis multistate operator TerrAscend is increasing its previously announced equity…

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Marijuana MSO Ayr Wellness to defer paying $69 million in debt obligations
Jun 26, 2023, 5:22 pm By Solomon Israel
Multistate marijuana company Ayr Wellness has reached agreements to defer by two years principal or…

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Canadian panel urges bigger role for First Nations in cannabis industry
Jun 26, 2023, 10:30 am By Matt Lamers
A Canadian Senate committee is urging the federal government to revise the county’s adult-use…

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Tennessee to impose 6% tax on CBD, delta-8 THC products
Jun 26, 2023, 10:00 am By Chris Roberts
Products containing hemp-derived cannabinoids sold in Tennessee will be subject to a 6%…

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Metrc renews cannabis track-and-trace contract with Ohio
Jun 23, 2023, 6:06 pm By Chris Casacchia
Cannabis software company Metrc renewed its contract with the state of Ohio to provide seed-to-sale…

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Marijuana company Tilray closes Hexo acquisition, eyes cost savings
Jun 23, 2023, 5:30 pm By Solomon Israel
Cannabis and beverage alcohol company Tilray Brands has closed its acquisition of Canadian cannabis…

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Less than 25% of US cannabis operators profitable, study finds
Jun 23, 2023, 5:14 pm By Kate Robertson
Only 24.4% of businesses in the U.S. cannabis sector report they are profitable, according to a new…

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Marijuana producer Canopy reports CA$3.3 billion annual loss
Jun 23, 2023, 4:40 pm By Matt Lamers
Cannabis producer Canopy Growth reported a net loss of 3.3 billion Canadian dollars ($2.5 billion)…

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Canada cracking down on words ‘soda’ and ‘cola’ on cannabis labels
Jun 23, 2023, 3:28 pm By Matt Lamers
Health Canada is asking federally licensed cannabis producers to stop using certain words on labels…

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Opinion: Why MSOs should embrace hemp-derived delta-9 THC products
Jun 23, 2023, 10:30 am By Kate Lavin
There’s an opportunity for cannabis companies to get products to consumers who would never enter a…

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US House committee approves research for medical cannabis, psychedelics
Jun 22, 2023, 7:15 pm By Chris Casacchia
A Republican-led Congressional committee approved amendments in a massive defense bill to fund…

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Marijuana workers in California, Pennsylvania join unions
Jun 22, 2023, 5:11 pm By Kate Robertson
Marijuana distribution drivers in California and medical cannabis dispensary workers in Pennsylvania…

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Canadian recreational cannabis sales grow 1.3% to CA$411.7 million in April
Jun 22, 2023, 3:57 pm By Solomon Israel
Consumers in Canada spent 1.3% more on legal recreational cannabis in April compared to March, for…

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Nevada eases marijuana consumption lounge rules, issues first licenses
Jun 22, 2023, 10:30 am By Chris Casacchia
Nevada regulators this week approved loosening air-ventilation standards for marijuana consumption…

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