MJBizDaily · Page 285

California governor proposes $100 million grant to ease cannabis licensing logjam
May 14, 2021, 1:35 pm By John Schroyer
California Gov. Gavin Newsom announced Friday his new state budget proposal – called the California…

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Marijuana REIT to invest $67.8 million in Pennsylvania facility
May 14, 2021, 12:30 pm By Jeff Smith
Innovative Industrial Properties (IIP) and Atlanta-based multistate marijuana operator Parallel…

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Canadian cannabis producer Hexo to enter US with Colorado facility
May 14, 2021, 11:34 am By Solomon Israel
Hexo Corp. entered purchase and sale agreements for a 50,000-square-foot cannabis production…

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Minnesota House OKs adult-use marijuana; Senate passage unlikely
May 14, 2021, 10:56 am By Jeff Smith
In a historic vote, Minnesota House lawmakers approved an adult-use marijuana market, but the state…

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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
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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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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