MJBizDaily · Page 342

Chart: Retail cannabis sales surpass NBA revenue, approach prescription pain meds
Jul 14, 2020, 1:59 pm By Eli McVey
With revenue of $10.6 billion-$13 billion in 2019, sales of legal adult-use and medical marijuana in…

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Hawaii medical cannabis sales poised for lift as edibles bill passes
Jul 14, 2020, 1:52 pm By Jeff Smith
Hawaii lawmakers passed a bill allowing medical marijuana edibles, a move that could significantly…

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Cannabis extract manufacturers face new guidelines in German document
Jul 14, 2020, 1:39 pm By Alfredo Pascual
A new monograph from German health regulators that defines cannabis extracts (Cannabis extractum…

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iLAVA Announces Arizona Cultivation & Production Lease Opportunity
Jul 14, 2020, 12:29 pm By Pamela Moore
iLAVA of Arizona owns 100% of a cultivation and processing license and is now requesting proposals…

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Here are seven ways marijuana businesses can survive an IRS audit
Jul 14, 2020, 6:30 am By Bart Schaneman
Cannabis companies should expect an uptick in IRS audits. A recent report by the Treasury Inspector…

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NACB drawing up marijuana social equity advice for state regulators
Jul 13, 2020, 4:49 pm By Bart Schaneman
One of the cannabis industry’s only self-regulatory standards organizations is creating social…

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Multiple states continue to post record-breaking cannabis sales numbers
Jul 13, 2020, 3:48 pm By John Schroyer
Colorado, Illinois and Oregon have all maintained record-breaking sales numbers in recent months…

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Cannabis firm Canopy Growth cuts 30 at Ontario headquarters
Jul 13, 2020, 3:30 pm By Solomon Israel
Canopy Growth Corp. laid off another 30 employees as part of its corporate restructuring, the…

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Canada’s Northwest Territories cuts cannabis prices to fight illegal market
Jul 13, 2020, 12:13 pm By Solomon Israel
Cannabis regulators in Canada’s Northwest Territories (NWT) reduced prices of legal marijuana…

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First product registrations in Peru signal potential revenue-generating opportunities
Jul 13, 2020, 12:03 pm By Alfredo Pascual
New product registration underscores the limited but increasing Latin American intraregional medical…

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Black cannabis business executives suggest solutions to address racism and create a more inclusive industry
Jul 13, 2020, 6:30 am By John Schroyer
Marijuana Business Daily asked several Black cannabis business owners and executives for their…

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WizardPins releases new product in response to COVID
Jul 13, 2020, 2:01 am By Pamela Moore
WizardPins, the same trusted manufacturer of custom enamel pins and lanyards, has just released a…

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‘Taxation but no representation’: US cannabis industry’s double standard
Jul 12, 2020, 11:00 am By John Schroyer
The coronavirus outbreak brought to the forefront a double standard the marijuana industry has faced…

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Week in Review: L.A. doubles cannabis retail licenses, another Schwazze deal dead, Biden talks MJ rescheduling & more
Jul 11, 2020, 10:00 am By Bart Schaneman
The Los Angeles City Council doubled the number of social equity retail marijuana licenses from 100…

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High Times marijuana stock offering delayed until audited financials are filed
Jul 10, 2020, 6:48 pm By Jeff Smith
High Times Holding, owner of the iconic High Times magazine, said Friday it can’t close on its…

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Israel passes Germany as world’s largest importer of medical cannabis flower
Jul 10, 2020, 1:14 pm By Alfredo Pascual
Israel overtook Germany as the No. 1 importer of medical cannabis flower in the world so far this…

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Massachusetts cannabis businesses fined for pesticide, ownership infractions
Jul 10, 2020, 12:40 pm By Bart Schaneman
Three marijuana cultivation companies in Massachusetts will pay hundreds of thousands of dollars in…

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Massachusetts marijuana grow facility workers unionize
Jul 10, 2020, 10:00 am By Jeff Smith
Employees at a cannabis cultivation facility in Massachusetts voted to unionize, a further…

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Ohio adds first medical cannabis condition since program launch
Jul 10, 2020, 8:00 am By Kevin Huhn
While rejecting anxiety and autism spectrum disorders, Ohio medical marijuana regulators officially…

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Illinois social equity program flawed, advocates say, but it’s best in cannabis industry so far
Jul 10, 2020, 6:30 am By Bart Schaneman
Illinois' social equity provisions for cannabis companies are considered among the most…

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