MJBizDaily · Page 276

Sundial’s adult-use cannabis revenue dives 38% in quarter
2:00pm 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
1:59pm 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
12:57pm 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
6:30am 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
Wed 6:33pm 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
Wed 5:05pm 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
Wed 1:52pm 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
Wed 6:30am By Kristen Nichols
Water is a must for successfully producing hemp and marijuana, so making sure to have enough for…

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Blockbuster Trulieve-Harvest deal could revive cannabis megamergers
May 11, 2021, 4:05 pm 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
May 11, 2021, 3:44 pm By Matt Lamers
Canadian cannabis producer Pure Sunfarms reported a small increase in net sales in the…

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Verano nets $100 million in upsized loan to support cannabis moves
May 11, 2021, 3:20 pm By Jeff Smith
Illinois-based Verano Holdings entered into an amended $130 million loan agreement that provides…

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Marijuana MSO Holistic Industries raises $55 million for expansion
May 11, 2021, 2:30 pm 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
May 11, 2021, 1:39 pm 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
May 11, 2021, 9:00 am 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
May 11, 2021, 6:30 am 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
May 10, 2021, 4:56 pm 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
May 10, 2021, 3:30 pm By Jeff Smith
Alabama is poised to become the 39th state in the nation to legalize a medical cannabis market…

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Cannabis firm Cronos’ CEO gets CA$12 million-plus in partial-year pay
May 10, 2021, 12:47 pm 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
May 10, 2021, 9:37 am By Solomon Israel
Florida-based Trulieve Cannabis has announced an agreement to acquire Arizona-based Harvest Health…

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California marijuana firm settles false-claims lawsuit for $300,000
May 10, 2021, 9:00 am By John Schroyer
California-based marijuana company CannaCraft agreed to pay $300,000 to settle a lawsuit brought by…

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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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