MJBizDaily · Page 191

Aurora Cannabis closes bought deal financing, yielding $172.5 million
Jun 1, 2022, 3:59 pm By Solomon Israel
Canadian cannabis company Aurora Cannabis said it received gross proceeds of $172.5 million from a…

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Marijuana multistate operators see sluggish revenue, losses in first quarter
Jun 1, 2022, 10:30 am By Jeff Smith
Most of the largest U.S. marijuana multistate operators experienced revenue declines in the first…

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Cannabis tech firm Akerna cuts 59 employees as part of restructuring
May 31, 2022, 8:53 pm By Jeff Smith
Akerna, a Denver-based cannabis compliance software company, is implementing a financial…

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Connecticut scraps municipal limit on marijuana retail stores, small grows
May 31, 2022, 5:02 pm By Bart Schaneman
Connecticut legislators removed a rule that limited the number of marijuana micro-grows and retail…

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Illinois judge lifts court order, paving way for 185 new cannabis retail licenses
May 31, 2022, 3:55 pm By Solomon Israel
An Illinois judge has lifted a court order standing in the way of 185 new business licenses being…

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States struggle to set rules for hemp intoxicants such as delta-8 THC
May 31, 2022, 10:30 am By Kristen Nichols
Many U.S. states considered new laws to regulate hemp-derived intoxicants such as delta-8 THC this…

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MJBizDaily to resume publishing Tuesday
May 30, 2022, 10:30 am By Marijuana Business Daily staff
MJBizDaily is closed for the Memorial Day holiday and will resume its usual publishing schedule on…

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Canopy loses CA$578 million in quarter as cannabis revenue plunges
May 27, 2022, 5:00 pm By Matt Lamers
Canadian cannabis producer Canopy Growth lost another 578.6 million Canadian dollars ($454 million)…

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Detroit finally awards first recreational cannabis license to grower
May 27, 2022, 4:11 pm By Jeff Smith
Detroit finally issued its first recreational cannabis business license - more than two years after…

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Connecticut adjusts allowable amount of mold, yeast in medical marijuana
May 27, 2022, 4:02 pm By Bart Schaneman
A legislative committee in Connecticut adjusted the allowable amount of mold and yeast in medical…

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Aurora Cannabis announces bought deal financing, upsizes to $150 million
May 27, 2022, 2:46 pm By Solomon Israel
Aurora Cannabis entered a bought deal financing worth $125 million, then upsized that funding to…

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Analysis: Cannabis real estate lenders buck trend with record funding
May 27, 2022, 10:30 am By Roger Fillion
Cannabis companies generally have been raising less money this year versus previous years, but not…

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FDA warns hemp companies not to make CBD for animals
May 26, 2022, 10:38 pm By Kristen Nichols
U.S. health authorities on Thursday ordered three hemp companies to stop marketing CBD products for…

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Opinion: The battle for directors and officers liability coverage in the cannabis industry
May 26, 2022, 5:30 pm By Bart Schaneman
With the number of lawsuits in the cannabis space tripling in the past two years, directors and…

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Narrow adult-use marijuana initiative makes South Dakota ballot
May 26, 2022, 5:00 pm By Jeff Smith
An adult-use marijuana initiative is headed to the ballot again in South Dakota this fall, but this…

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Canadian marijuana sales rebound strongly in March to record CA$358.8M
May 26, 2022, 3:20 pm By Solomon Israel
Canadian sales of regulated recreational cannabis hit an all-time high of almost 358.8 million…

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NJ marijuana paraphernalia shop workers to unionize in labor board first
May 26, 2022, 3:00 pm By Bart Schaneman
Employees at the Wonderland Smoke Shop, a marijuana accessories store in West Berlin, New Jersey,…

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Ukraine war, supply-chain woes cause cannabis fertilizer shortage, increased costs
May 26, 2022, 10:30 am By Bart Schaneman
Russia's invasion of Ukraine and ongoing supply-chain issues are causing a global fertilizer…

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Rhode Island becomes 19th state to legalize adult-use marijuana
May 25, 2022, 9:19 pm By Jeff Smith
Rhode Island officially became the 19th state in the U.S. to legalize adult-use marijuana when…

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Arizona’s Item 9 Labs strikes $12.8M deal for Canada’s Sessions Cannabis
May 25, 2022, 9:00 pm By Matt Lamers
Item 9 Labs Corp., an Arizona-based company that invests in marijuana-related businesses, signed an…

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MJBizDaily (Marijuana Business Daily) is a leading news and analysis outlet covering the global cannabis industry. The site provides comprehensive reporting on business trends, investments, regulations, and market data for cannabis entrepreneurs and professionals. Known for its in-depth journalism and industry expertise, MJBizDaily helps readers navigate the evolving legal cannabis market and is recognized for hosting the annual MJBizCon, one of the world’s largest cannabis business conferences.

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