MJBizDaily · Page 178

North Carolina medical marijuana legalization effort likely done for 2022
Jun 10, 2022, 3:17 pm By John Schroyer
A bill passed by the North Carolina Senate to legalize medical marijuana is likely doomed after the…

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Analysis: Cannabis MSOs could borrow nearly $2 billion – if they want to
Jun 10, 2022, 10:30 am By Roger Fillion
The nation’s largest marijuana multistate operators collectively could tap into nearly $2 billion…

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European Union taps the brakes on CBD foods and supplements
Jun 9, 2022, 8:59 pm By Kristen Nichols
European Union regulators are hitting the pause button on plans to allow CBD to be sold over the…

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US mayors, financial institutions throw support behind cannabis banking reform
Jun 9, 2022, 8:36 pm By Jeff Smith
The U.S. Conference of Mayors and two leading banking organizations have joined the call for the…

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Iowa’s first medical marijuana licensee unveils new name, expansion plans
Jun 9, 2022, 7:40 pm By Patrick Maravelias
MedPharm Iowa, which was awarded the first medical marijuana business license in the state, is…

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Neptune latest to retreat from Canadian cannabis industry
Jun 9, 2022, 6:57 pm By Matt Lamers
Neptune Wellness Solutions is the latest business to retreat from Canada’s increasingly…

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Illinois adult-use marijuana sales flat in May at $130 million
Jun 9, 2022, 5:45 pm By Jeff Smith
Adult-use marijuana sales in Illinois are flat and on pace to reach roughly $1.5 billion this year,…

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Vermont licenses 2 cannabis testing labs ahead of adult-use sales launch
Jun 9, 2022, 5:00 pm By Bart Schaneman
Vermont regulators licensed two laboratories to test adult-use cannabis in the state's burgeoning…

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Montana marijuana industry notches victories in local elections
Jun 9, 2022, 4:30 pm By John Schroyer
Montana marijuana businesses can breathe a bit easier after local elections Tuesday, when voters…

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Climate change will affect where and how cannabis is grown
Jun 9, 2022, 10:30 am By Bart Schaneman
Cannabis growers are confronting the same issue that threatens to upend the wine industry and other…

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US Treasury plans to collect marijuana business info from banks
Jun 9, 2022, 10:15 am By John Schroyer
A wing of the U.S. Treasury Department is planning to gather data from banks on marijuana businesses…

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L.A. adopts emblem program in bid to crack down on illicit cannabis operators
Jun 8, 2022, 7:29 pm By Patrick Maravelias
Cannabis retailers in Los Angeles will soon be able to display an official emblem that signals to…

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Scotts Miracle-Gro again warns of sluggish marijuana grow-supply sales
Jun 8, 2022, 6:20 pm By Jeff Smith
Scotts Miracle-Gro said it expects sales of its Hawthorne unit, which includes marijuana cultivation…

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Marijuana retailers increasingly discounting their products
Jun 8, 2022, 10:30 am By Andrew Long
U.S. and Canadian marijuana retailers are discounting their products more and more, forgoing…

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Marijuana tech firm Dutchie lays off 67 employees, citing ‘dramatic market shift’
Jun 7, 2022, 9:06 pm By John Schroyer
Oregon-based marijuana tech company Dutchie laid off 67 employees this week, about 8% of its 700…

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Mississippi starts medical cannabis licensing; sales to begin by year-end
Jun 7, 2022, 7:46 pm By Jeff Smith
Mississippi medical cannabis regulators opened the licensing application process last week for…

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Connecticut to fine illegal marijuana ‘gifting’ practice
Jun 7, 2022, 6:30 pm By Bart Schaneman
The practice of “gifting," where marijuana products or plants are exchanged for donations or other…

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Safe Harbor makes first cannabis loan beyond Colorado’s borders
Jun 7, 2022, 5:58 pm By Solomon Israel
Marijuana industry finance company Safe Harbor Financial is lending beyond its home state of…

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As New York develops adult-use marijuana rules, equity concerns emerge
Jun 7, 2022, 10:30 am By Jeff Smith
New York's plan to create a diverse, multibillion-dollar adult-use marijuana industry is in danger…

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Texas CBD retailer challenges town’s head shop exclusion
Jun 6, 2022, 8:03 pm By Kristen Nichols
A Texas retail chain that sells CBD and smokable hemp is suing a suburb of Austin for "intentional…

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