MJBizDaily · Page 298

Recreational marijuana legalization bill stalls in New Mexico, but could head for special session
Mar 20, 2021, 2:43 pm By Jeff Smith
New Mexico lawmakers postponed a Senate floor vote on a recreational marijuana legalization bill as…

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Court battle over one of Virginia’s five medical cannabis licenses
5:31pm By John Schroyer
Illinois-based PharmaCann has taken Virginia to court over a medical cannabis business license that…

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OK federal judge tosses marijuana residency suit, but issue unresolved
3:00pm By Jeff Smith
A federal judge in Oklahoma rejected a lawsuit challenging the state’s residency requirement for…

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Cannabis real estate financier AFC Gamma prices Nasdaq IPO at $119M
2:01pm By Solomon Israel
AFC Gamma, which offers real estate loans to legal marijuana companies, priced its initial public…

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MedMen raises CA$20 million to bankroll marijuana expansion in Florida
1:03pm By Roger Fillion
Financially strapped MedMen Enterprises said it raised 20 million Canadian dollars ($16 million) at…

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Cannabis MSO Cresco expands in Massachusetts via $90M acquisition
11:50am By Omar Sacirbey
Chicago-based cannabis multistate operator Cresco Labs is spending $90 million to acquire all the…

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Ontario, Alberta lead Canadian cannabis sales lower in January
11:10am By Matt Lamers
Retail sales of adult-use cannabis products in Canada declined to 282.8 million Canadian dollars…

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New Brunswick won’t privatize recreational cannabis sales
9:56am By Matt Lamers
New Brunswick has discontinued the request for proposal (RFP) process for the privatization of…

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Why cannabis producer Organigram struck a CA$220 million deal with a tobacco giant: Q&A with CEO Greg Engel
9:00am By Matt Lamers
While rival Canadian cannabis producers plowed massive amounts of capital into cultivation…

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$1.9 trillion coronavirus stimulus package offers marijuana-related firms more options for financial help
6:30am By Jeff Smith
Cannabis-related firms again face hurdles in qualifying for financial relief under the newly…

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Marijuana real estate merger creates firm worth $435 million in assets, cash
Thu 3:06pm By Bart Schaneman
Chicago-based NewLake Capital Partners and GreenAcreage Real Estate, a real estate investment trust…

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Canada to launch review of cannabis industry fee structure
Thu 2:36pm By Matt Lamers
Health Canada will soon embark on a review of fees collected by the federal government from…

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Marijuana tech platform I Heart Jane suffers slowdown, affecting retailers
Thu 12:22pm By Solomon Israel
Marijuana e-commerce platform I Heart Jane suffered a slowdown on Wednesday that impacted an…

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US House will again consider cannabis banking reform
Thu 12:15pm By Jeff Smith
A cannabis banking reform bill will be reintroduced in the U.S. House of Representatives on…

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Cannabis producer Canopy Growth borrows $750 million
Thu 12:06pm By Solomon Israel
Smiths Falls, Ontario-based cannabis firm Canopy Growth has taken out a senior secured loan worth…

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Hexo CEO: Canada’s cannabis sector ‘entering most competitive phase’
Thu 11:31am By Matt Lamers
Cannabis producer Hexo reported a net loss of 21 million Canadian dollars ($17 million) for its…

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California’s provisional marijuana licensing crisis resurfaces, possibly disrupting thousands of MJ companies
Thu 11:00am By John Schroyer
For the third time in less than four years, California lawmakers are revisiting the state’s…

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South Dakota trade group forms to aid prospective marijuana businesses
Thu 9:00am By Bart Schaneman
As South Dakota works to implement medical and recreational marijuana programs passed by voters in…

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Ontario Cannabis Store appoints sixth president in three years, raising industry concern
Thu 9:00am By Matt Lamers
The executive turntable at the Ontario Cannabis Store (OCS) is spinning again, with the provincial…

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Cannabis companies anticipate added sales bump with new round of stimulus checks
Thu 6:30am By Bart Schaneman
Cannabis companies should expect a bump in sales from the newest round of federal stimulus…

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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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