MJBizDaily · Page 246

Canadian cannabis producers have sold less than 20% of output since adult-use legalization
Jul 28, 2021, 9:00 am By Matt Lamers
Cannabis producers in Canada have sold less than 20% of their production since the country launched…

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Proposed tax rates in Schumer’s marijuana reform bill elicit ‘sticker shock’
Jul 28, 2021, 6:30 am By Jeff Smith
The draft bill outlining Senate Majority Leader Chuck Schumer’s federal marijuana reform…

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New Mexico marijuana operator prevails in drawn-out legal case
Jul 27, 2021, 4:25 pm By Jeff Smith
In what seems like a mere formality at this point, a New Mexico appellate court upheld a 2018 lower…

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US-based Cookies plans flagship cannabis store in Toronto this year
Jul 27, 2021, 3:51 pm By Matt Lamers
Gage Growth Corp. announced details of its previously disclosed plan to bring the U.S. cannabis…

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New Mexico novelty store gets cease-and-desist order for ‘gifting’ marijuana
Jul 27, 2021, 3:15 pm By Solomon Israel
New Mexico’s Cannabis Control Division is cracking down on a Las Cruces business for “gifting”…

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Massachusetts medical cannabis dispensary sued over $21 million debt
Jul 27, 2021, 1:54 pm By John Schroyer
A medical cannabis dispensary in a Boston suburb has been sued by a creditor for more than $21…

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Boom or bust? Marijuana execs see more sales gains as COVID-19 lockdowns ease
Jul 27, 2021, 6:30 am By Bart Schaneman
As coronavirus-related lockdowns have lifted across the country, many cannabis companies are bullish…

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Aurora continues board revamp, installs former Pfizer exec Firestone
Jul 26, 2021, 5:15 pm By Matt Lamers
Aurora Cannabis expanded its board and installed Theresa Firestone, a senior health-care executive,…

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Verano to acquire Nevada marijuana company Sierra Well for $29 million
Jul 26, 2021, 4:55 pm By Bart Schaneman
Illinois-based marijuana company Verano Holdings announced it will acquire Sierra Well, a Nevada…

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Denver cannabis retailer asks Supreme Court again to review its IRS fight
Jul 26, 2021, 3:45 pm By John Schroyer
After the U.S. Supreme Court in June declined to hear arguments in a case between a Denver-based…

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Florida man ordered to repay nearly $3 million in Colorado marijuana scheme
Jul 26, 2021, 2:45 pm By Jeff Smith
A Florida businessman has been ordered to pay the U.S. Securities and Exchange Commission nearly $3…

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Biden nominee for drug czar consulted for medical cannabis business
Jul 26, 2021, 1:45 pm By John Schroyer
President Joe Biden’s pick to lead the Office of National Drug Control Policy, Dr. Rahul Gupta,…

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Georgia awards six medical marijuana cultivation licenses
Jul 26, 2021, 12:51 pm By Omar Sacirbey
Georgia’s medical marijuana industry took a major step toward launching when state regulators…

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Cannabis firms face surging costs for building materials, complicating plans
Jul 26, 2021, 12:00 pm By Roger Fillion
Cannabis growers, manufacturers and retailers planning to build new facilities or expand existing…

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Marijuana vape manufacturers, retailers in limbo over long-delayed mail ban
Jul 26, 2021, 6:30 am By Kristen Nichols
Months of delay on a U.S. ban on shipping vape components has marijuana and hemp operators wondering…

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Cannabis companies looking to grow have more options than ever
Jul 25, 2021, 11:00 am By Omar Sacirbey
Many marijuana executives share the goal of growing their businesses, but how they achieve that can…

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Washington state bars marijuana processors from converting CBD into delta-9 THC
Jul 23, 2021, 5:02 pm By Bart Schaneman
Washington state's cannabis businesses received clarity from regulators that processors cannot…

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How cannabis companies can improve environmental and social impact
Jul 23, 2021, 3:17 pm By Laura Drotleff
Taking responsibility for your cannabis company’s environmental and social impact isn’t just a…

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Cannabis tech firm Tilt Holdings gets new $10 million credit line
Jul 23, 2021, 2:39 pm By Jeff Smith
Massachusetts-based Tilt Holdings said Friday that its Jupiter Research vape cartridge subsidiary…

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Marijuana brand Old Pal gets $8M infusion from consumer products firm
Jul 23, 2021, 12:52 pm By Solomon Israel
Consumer products company Turning Point Brands (TPB) is making an $8 million strategic investment in…

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