MJBizDaily · Page 283

Mainstream businesses are bracing for minimum-wage hike, but many cannabis firms already pay more
Feb 19, 2021, 6:30 am By Roger Fillion
Half the states across the country have increased – or will raise – the minimum wage paid to…

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Court ruling paves way for New Jersey to expand medical cannabis market
Feb 18, 2021, 4:39 pm By Jeff Smith
A New Jersey appellate court lifted a 2019 order preventing the state from issuing an additional 24…

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Growing marijuana regulators group pressures Congress
Feb 18, 2021, 4:00 pm By Omar Sacirbey
The Cannabis Regulators Association, a recently formed but potentially influential marijuana…

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California medical cannabis dispensary owes $4.2 million, US Tax Court rules
Feb 18, 2021, 3:06 pm By Jeff Smith
A subsidiary of California-based cannabis retailer Harborside must pay nearly $4.2 million in back…

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Cannabis mixtures studied as treatment for COVID inflammation
Feb 18, 2021, 2:35 pm By Pamela Moore
Working with GB Sciences, the Las Vegas-based R&D arm of the Canadian company GBS Global Biopharma,…

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Cannabinoids can improve skin, study says
Feb 18, 2021, 2:25 pm By Pamela Moore
The development and extensive marketing of cosmetics containing cannabinoids—primarily CBD—has…

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BioHarvest grows cannabis cells and trichomes in liquid media
Feb 18, 2021, 2:04 pm By Pamela Moore
The increasing value of both recreational and medicinal cannabis around the world is driving a need…

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How a $100M global cannabis deal came together over Zoom: Q&A with IMC’s Oren Shuster
Feb 18, 2021, 1:05 pm By Matt Lamers
Negotiating an international cannabis merger worth roughly $100 million is hard enough – but doing…

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Marijuana foes deploy new ‘playbook’ to thwart state legalization, upend election results
Feb 18, 2021, 6:30 am By Jeff Smith
Efforts to thwart voter-approved marijuana legalization in Mississippi, Montana and South Dakota are…

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Cannabis producer Tilray reports $271 million loss for year
Feb 17, 2021, 5:48 pm By Matt Lamers
Cannabis producer Tilray cut its annual loss to $271 million for 2020, an improvement from the…

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Report: Ex-Eaze CEO to be charged in cannabis payment-processing scheme
Feb 17, 2021, 4:29 pm By Jeff Smith
Federal prosecutors reportedly plan to charge a former CEO of California cannabis delivery platform…

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Biden’s DOJ lawyers take IRS side in marijuana firm’s 280E fight
Feb 17, 2021, 2:45 pm By Jeff Smith
The Biden administration has weighed in on a U.S. Supreme Court marijuana petition, arguing that…

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Cannabis firm Agrify prices share offering to raise $75 million
Feb 17, 2021, 1:45 pm By Solomon Israel
Ancillary cannabis company Agrify priced an underwritten public offering to raise $75 million, less…

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JW Asset, ex-athlete launch $100M fund for marijuana minority businesses
Feb 17, 2021, 12:47 pm By Jeff Smith
New York fund manager JW Asset Management is teaming up with former NBA All-Star Chris Webber to…

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Oregon marijuana firms enjoy booming market fueled by pandemic, consumers shunning illicit suppliers
Feb 17, 2021, 11:00 am By Bart Schaneman
Oregon recreational marijuana companies are enjoyable favorable economics not seen in years, with…

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Transforming the cannabis concentrates market
Feb 17, 2021, 6:30 am By Bart Schaneman
A decade ago, I was spearheading company growth for Atlas Snowshoes, which had just invented and…

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Tuatara-backed SPAC raises $175 million to target cannabis acquisitions
Feb 16, 2021, 3:00 pm By Jeff Smith
Tuatara Capital Acquisition, a cannabis-focused special purpose acquisition company (SPAC), said it…

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Hexo strikes deal to acquire Zenabis for CA$235M, eyes European cannabis market
Feb 16, 2021, 2:47 pm By Matt Lamers
Ottawa, Ontario-headquartered cannabis producer Hexo Corp. on Tuesday entered a definitive…

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Ontario accelerates cannabis store licensing to 120 per month
Feb 16, 2021, 2:40 pm By Solomon Israel
The cannabis store regulator in Canada’s single largest recreational marijuana market has once…

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Canadian marijuana retailer Fire & Flower seeks Nasdaq listing
Feb 16, 2021, 2:01 pm By Solomon Israel
Fire & Flower Holdings, a Canadian cannabis retail chain with an eye on international growth, has…

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