MJBizDaily · Page 310

Massachusetts city drops onerous ‘impact fee’ on cannabis businesses
Jan 26, 2021, 1:20 pm By Jeff Smith
A Massachusetts municipality became the first in the state to stop assessing a controversial 3%…

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Arizona’s initial adult-use marijuana licensing leaves some cities underserved
Jan 26, 2021, 11:00 am By Andrew Long
Arizona might have opened adult-use marijuana sales last week, but the initial round of retail…

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Cannabis firm Weedmaps aims for 175% revenue growth via higher ad prices, wider footprint
Jan 26, 2021, 6:30 am By Michael Regan
Cannabis advertising giant Weedmaps hopes to boost its revenue over the next three years by a…

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Harvest closes $34.6M Florida sale-leaseback deal with marijuana REIT
Jan 25, 2021, 3:44 pm By Solomon Israel
Multistate marijuana operator Harvest Health & Recreation on Monday closed a sale-leaseback…

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France chooses companies to supply free medical cannabis for trial program
Jan 25, 2021, 3:20 pm By Alfredo Pascual
The French Agency for the Safety of Medicines and Health Products (ANSM) selected the companies…

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Boycott spurs Massachusetts cannabis trade group to withdraw delivery suit
Jan 25, 2021, 2:38 pm By Jeff Smith
A Massachusetts cannabis retail association is backing off its legal challenge to the state’s…

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Analyst warns of more closures, consolidation amid Canadian cannabis glut
Jan 25, 2021, 1:32 pm By Matt Lamers
The Canadian cannabis industry should brace for more facility closures, bankruptcies and…

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Canadian marijuana retailer High Tide buys US online head shop for $8 million
Jan 25, 2021, 11:58 am By Solomon Israel
Calgary, Alberta-based marijuana retailer High Tide is spending $8 million to acquire Smoke Cartel,…

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French consultation on marijuana legalization passes 200,000 responses
Jan 25, 2021, 10:16 am By Alfredo Pascual
A consultation on cannabis legalization in France that launched on Jan. 13 has already gathered…

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Premium flower demand drives Colorado wholesale marijuana prices to nearly five-year highs
Jan 25, 2021, 6:30 am By Bart Schaneman
Wholesale marijuana flower prices in Colorado are climbing in part because of the increased demand…

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Recreational marijuana sales kick off in Arizona less than three months after voters pass ballot measure
Jan 22, 2021, 3:25 pm By Solomon Israel
Arizona approved 73 dispensaries to start selling recreational marijuana on Friday, launching the…

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Dutch recreational cannabis experiment advances after court appeal rejected
Jan 22, 2021, 2:49 pm By Alfredo Pascual
A Dutch judge rejected on Thursday a request to annul the results of a lottery process used to…

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Aurora raising $125 million with eye on reducing debt
Jan 22, 2021, 12:06 pm By Matt Lamers
Aurora Cannabis is raising $125 million via a stock-purchase deal to finance general corporate…

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First Big Tobacco marijuana player exits marijuana, hemp after bankruptcy
Jan 22, 2021, 11:23 am By Roger Fillion
The first Big Tobacco company to make a foray into the marijuana and hemp industries is exiting…

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Pyxus International divesting Canadian cannabis subsidiaries
Jan 22, 2021, 11:15 am By Solomon Israel
U.S. tobacco firm Pyxus International is divesting its Canadian cannabis subsidiaries, with plans…

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Canadian cannabis sales slip in most provinces in November
Jan 22, 2021, 10:54 am By Matt Lamers
November retail sales of recreational cannabis products across Canada fell to 261 million Canadian…

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Cannabis sales records smashed or set in 2020, and insiders expect the gains to continue
Jan 22, 2021, 6:30 am By John Schroyer
The COVID-19 outbreak that began about a year ago has proved devastating for many mainstream…

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Latest Canadian cannabis recalls include melting vape pens, moldy bud
Jan 21, 2021, 1:39 pm By Solomon Israel
Canadian cannabis products recalled in January include defective all-in-one vape pens from Hexo, as…

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Cannabis MSO Verano announces $100M subscription receipt financing
Jan 21, 2021, 1:35 pm By Solomon Israel
Multistate cannabis operator Verano Holdings raised $100 million in subscription receipt financing…

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Keegan Peterson, founder/CEO of marijuana tech firm Wurk, dies at 33
Jan 21, 2021, 12:56 pm By Bart Schaneman
Marijuana industry executive Keegan Peterson, who founded Denver HR tech company Wurk, has died at…

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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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