MJBizDaily · Page 270

Marijuana retail franchisers eye national franchises despite hurdles
May 14, 2021, 6:30 am By Solomon Israel
From McDonald’s to Marriott, from Subway to Century 21, franchise businesses are as American as…

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Sundial’s adult-use cannabis revenue dives 38% in quarter
May 13, 2021, 2:00 pm By Matt Lamers
Sundial’s revenue from recreational cannabis in Canada plunged by more than one-third in its most…

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Strict Nebraska medical cannabis bill stalls; ballot measure is next step
May 13, 2021, 1:59 pm By Solomon Israel
A restrictive medical cannabis bill met its demise in the Nebraska Legislature on Wednesday after…

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Two US House Republicans pitch federal marijuana legalization bill
May 13, 2021, 12:57 pm By Jeff Smith
Two Republican congressmen in the U.S. House of Representatives have introduced a bill that would…

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Cannabis firms ready FDA ingredient notifications with eye on legalization
May 13, 2021, 6:30 am By Kristen Nichols
Cannabis manufacturers with national ambitions for when the United States legalizes marijuana and…

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Financial-violation allegations cost Maui cannabis dispensary its license
May 12, 2021, 6:33 pm By John Schroyer
Hawaii regulators ordered a medical cannabis dispensary on the island of Maui to close immediately…

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Colorado’s first-quarter retail marijuana sales up 28% from 2020
May 12, 2021, 5:05 pm By Omar Sacirbey
Recreational and medical marijuana retailers in Colorado continue to break sales records. According…

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Massachusetts cannabis firms forced to pay $2.6 million in unlawful fees, study shows
May 12, 2021, 1:52 pm By Jeff Smith
Cannabis companies in Massachusetts have paid at least $2.46 million in fees more than lawfully…

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How to ensure adequate water supply for outdoor cannabis in a drought
May 12, 2021, 6:30 am By Kristen Nichols
Water is a must for successfully producing hemp and marijuana, so making sure to have enough for the…

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Blockbuster Trulieve-Harvest deal could revive cannabis megamergers
4:05pm By Jeff Smith
After several months of smaller, more focused transactions, Florida-based Trulieve’s $2.1 billion…

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Marijuana producer Pure Sunfarms reports small quarterly sales growth
3:44pm By Matt Lamers
Canadian cannabis producer Pure Sunfarms reported a small increase in net sales in the January-March…

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Verano nets $100 million in upsized loan to support cannabis moves
3:20pm By Jeff Smith
Illinois-based Verano Holdings entered into an amended $130 million loan agreement that provides the…

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Marijuana MSO Holistic Industries raises $55 million for expansion
2:30pm By Omar Sacirbey
Holistic Industries, a vertically integrated multistate marijuana company operating in six U.S.…

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Cannabis firm Tilray reports $341 million net loss in last stand-alone quarter
1:39pm By Matt Lamers
Tilray’s recreational and medical cannabis revenue plunged in the final quarter before its merger…

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Canada’s role in making hemp viable in car-building: Q&A with Aptera’s Nathan Armstrong
9:00am By Roger Fillion
It’s common lore in the hemp industry: Henry Ford made a car out of hemp, but then anti-cannabis…

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Marijuana industry expected to add $92 billion to US economy in 2021
6:30am By Andrew Long
From jobs to tax revenue to commercial real estate, the marijuana industry has a large – and…

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Two California officials sentenced to two years in marijuana corruption case
Mon 4:56pm By Jeff Smith
Two former California city officials were each sentenced to two years in prison for accepting…

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Marijuana legalization outlook: Alabama yes, but Kansas unlikely
Mon 3:30pm By Jeff Smith
Alabama is poised to become the 39th state in the nation to legalize a medical cannabis market after…

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Cannabis firm Cronos’ CEO gets CA$12 million-plus in partial-year pay
Mon 12:47pm By Matt Lamers
Canadian cannabis producer Cronos Group paid CEO Kurt Schmidt more than $10 million (12.2 million…

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Marijuana MSO Trulieve buying Harvest Health in $2.1 billion mega-deal
Mon 9:37am By Solomon Israel
Florida-based Trulieve Cannabis has announced an agreement to acquire Arizona-based Harvest Health &…

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