MJBizDaily · Page 193

FDA chief ‘very committed’ to making progress on CBD, other cannabinoids
May 20, 2022, 5:26 pm By Kristen Nichols
The head of the U.S. Food and Drug Administration says he is "very committed" to making progress on…

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Canadian marijuana producer Canopy Growth shuts ESG unit in latest layoffs
May 20, 2022, 10:30 am By Solomon Israel
Canopy Growth Corp. dissolved the Social Impact and Advocacy team, which led the company's…

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Marijuana MSO Ascend Wellness borrows additional $36.5 million
May 20, 2022, 10:29 am By Solomon Israel
Marijuana multistate operator Ascend Wellness Holdings tacked on $36.5 million of additional…

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Massachusetts House votes in favor of reforming cannabis social equity
May 19, 2022, 6:36 pm By Bart Schaneman
Lawmakers in the Massachusetts House joined their Senate counterparts in approving legislation to…

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$140 million Colorado marijuana ownership dispute revived by judge
May 19, 2022, 5:52 pm By Kristen Nichols
$140 million Colorado marijuana ownership dispute revived by judge is a post from: MJBizDaily:…

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Cresco Labs secures $38 million tax breaks for New York cannabis facility
May 19, 2022, 4:55 pm By Solomon Israel
Multistate operator Cresco Labs succeeded in its push to get $38 million in tax breaks for a…

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California gov’s marijuana tax plan fails to fix key problems, industry officials say
May 19, 2022, 10:30 am By Bart Schaneman
California Gov. Gavin Newsom's proposal to eliminate the state cultivation tax on marijuana is a…

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Canopy inks option deal to buy CA cannabis extractor for at least $69M
7:15pm By Matt Lamers
Smiths Falls, Ontario’s Canopy Growth Corp. entered a deal giving it the right to buy…

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Actor Sacha Baron Cohen drops lawsuit over ‘Borat’ marijuana billboard
6:43pm By Solomon Israel
Actor Sacha Baron Cohen dropped a lawsuit against Massachusetts marijuana cultivator and retailer…

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Opinion: Financing challenges continue to plague mainstream cannabis industry
5:23pm By Bart Schaneman
Financing challenges are at the top of a long list of growing pains cannabis companies are facing.…

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$5 million plan to use marijuana taxes for hemp processing fails in Colorado
4:30pm By Kristen Nichols
A Colorado proposal to use $5 million in marijuana tax collections to help buy machines to process…

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Rhode Island lawmakers change adult-use cannabis legalization bill
3:48pm By Bart Schaneman
Legislators in Rhode Island revised a bill to legalize adult-use cannabis with the hope the changes…

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Ohio awards 70 provisional licenses for medical marijuana dispensaries
2:40pm By Omar Sacirbey
The number of medical marijuana storefronts in Ohio could soon more than double after the state’s…

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Aurora Cannabis sets more closures, selling Sun greenhouse at fraction of cost
10:30am By Matt Lamers
In a bid to slash costs and become profitable, Aurora Cannabis is closing its flagship Aurora Sky…

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DEA-endorsed marijuana research grower debuts on Nasdaq; shares soar
Tue 9:12pm By Jeff Smith
Bright Green Corp. on Tuesday became the first U.S plant-touching company to trade on a major…

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Cannabis REIT buys, leases back Tilt Holdings property in $40 million deal
Tue 6:45pm By Solomon Israel
Cannabis industry real estate investment trust Innovative Industrial Properties (IIP) announced a…

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WA sues marijuana retailer for alleged $300,000 of unpaid wages
Tue 5:45pm By Jeff Smith
Washington state regulators have taken Spokane-based Cannabis Green to court, claiming the…

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Vermont issues first recreational cannabis cultivation license
Tue 5:04pm By Bart Schaneman
Vermont regulators issued the first license to grow recreational cannabis for the state's impending…

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Illinois’ marijuana social equity program labors to become operational
Tue 10:30am By Jeff Smith
Illinois, once lauded for creating a potential social equity blueprint for the marijuana industry,…

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US lawmaker Blumenauer sees clearer pathway for cannabis banking reform
May 16, 2022, 9:18 pm By Jeff Smith
U.S. Rep. Earl Blumenauer expressed optimism Monday about the odds of cannabis banking reform…

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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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