MJBizDaily · Page 292

California-based Connected Cannabis completes $30 million raise
2:44pm By John Schroyer
Connected International Co., which does business as Connected Cannabis, said it closed on a $30…

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Michigan marijuana sales reach record $115.4 million in March
1:36pm By Bart Schaneman
Michigan's medical and recreational cannabis market continues to post record numbers, with sales…

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Oklahoma regulators pull license of medical marijuana testing lab
12:08pm By Bart Schaneman
An Oklahoma medical marijuana testing lab is closed for business after state regulators revoked its…

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IRS has spent years training agents on marijuana audits
11:00am By John Schroyer
The IRS has been training its agents for at least eight years in the finer details of auditing…

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280E is a political weapon targeting marijuana companies, but there may be a fix
6:30am By John Schroyer
(Editor’s note: This story is part of a recurring series of commentaries from professionals…

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BlueOx Credit Union oartners with Safe Harbor Financial to bring cannabis banking to Michigan
Tue 5:51pm By Pamela Moore
Media Contact: Krista Stafford-Evans VP Marketing, Partner Colorado Credit Union (720) 244-8720…

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Longtime cannabis reform activist Steve Fox dies
Tue 2:46pm By John Schroyer
The cannabis industry and reform movement is mourning the death of one of its staunchest advocates,…

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Biden selects ex-state attorney general to lead DEA; marijuana stance unclear
Tue 2:24pm By Jeff Smith
President Joe Biden has tapped Anne Milgram, a former state attorney general and longtime criminal…

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Organigram reports CA$66.4 million loss on falling cannabis sales
Tue 12:38pm By Matt Lamers
New Brunswick-based cannabis producer Organigram’s net revenue fell to a multiyear low of 14.6…

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Aurora Cannabis leads Canada in market share decline while smaller companies gain, report says
Tue 10:10am By Matt Lamers
Aurora Cannabis surrendered a greater share of Canada’s recreational market last year compared to…

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Massachusetts kicks off online product catalog for licensed cannabis products
Tue 9:00am By Bart Schaneman
Massachusetts marijuana regulators launched on Monday a one-of-a-kind catalog that's intended to…

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Confidential IRS marijuana guide details audit procedures for agents to follow
Tue 6:30am By John Schroyer
Marijuana industry tax experts have known for years the IRS was circulating among its agents a…

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New Mexico gov signs adult-use cannabis legalization bill into law
Apr 12, 2021, 5:30 pm By Jeff Smith
New Mexico Gov. Michelle Lujan Grisham on Monday signed a bill legalizing a potential $425 million…

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Uber could get into marijuana delivery business, CEO says
Apr 12, 2021, 4:57 pm By John Schroyer
Uber could branch into marijuana deliveries if the federal government repeals its national…

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Uber could get into cannabis delivery business, CEO says
Apr 12, 2021, 4:57 pm By John Schroyer
Uber could branch into cannabis deliveries if the federal government repeals its national marijuana…

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NM medical cannabis processor cited for additional violations after explosion
Apr 12, 2021, 2:00 pm By Jeff Smith
Medical cannabis regulators in New Mexico reportedly found numerous violations when they inspected…

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Aphria loses CA$361 million as cannabis revenue plunges 24%
Apr 12, 2021, 12:48 pm By Matt Lamers
Leamington, Ontario-based cannabis producer Aphria reported a net loss of 361 million Canadian…

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Documents reveal how IRS became more adept at evaluating marijuana company taxes
Apr 12, 2021, 11:00 am By John Schroyer
The Internal Revenue Service has been scrutinizing the books and records of marijuana companies for…

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Massachusetts marijuana retailer challenges community impact fees
Apr 12, 2021, 10:04 am By Omar Sacirbey
A marijuana retailer in Haverhill, Massachusetts, is alleging in a lawsuit that officials in the…

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Newly released IRS documents detail effort to collect taxes from marijuana companies under 280E
Apr 12, 2021, 6:30 am By John Schroyer
The Internal Revenue Service has been fixated on the state-legal marijuana industry for more than a…

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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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