MJBizDaily · Page 357

As cannabis investor reset continues, estimates at risk of further cuts in 2Q earnings season
Jul 16, 2020, 2:01 pm By Michael Regan
Though revenue and profit estimates for the cannabis industry have declined, the upcoming…

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British Columbia extends security verifications for cannabis store workers
Jul 16, 2020, 1:45 pm By Solomon Israel
Security verifications for workers in regulated cannabis stores in British Columbia will now be…

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California authorities raid illegal cannabis ‘farmers market’
Jul 16, 2020, 1:33 pm By John Schroyer
An illicit gathering of marijuana buyers and sellers in Fresno, California, was broken up by the…

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Canopy Growth targets new market with cannabis beverage strategy
Jul 16, 2020, 6:30 am By Solomon Israel
Canopy Growth's emerging cannabis drinks are part of a strategy to attract new cannabis consumers…

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Fast-growing Michigan recreational market faces tight supply, few municipal opt-ins
Jul 16, 2020, 6:30 am By Solomon Israel
Michigan's 7-month-old recreational marijuana market is growing quickly, with sales up from nearly…

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The new standard for cannabis in Massachusetts: Happy Valley opens in Gloucester on July 16
Jul 15, 2020, 6:06 pm By Pamela Moore
FOR IMMEDIATE RELEASE Media Contacts: P. J. Howe/Jill Reilly, Denterlein 617.482.0042 GLOUCESTER,…

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New Jersey governor touts benefits of marijuana legalization amid recession
Jul 15, 2020, 4:11 pm By John Schroyer
New Jersey Gov. Phil Murphy has long planned to legalize adult-use marijuana in his state, but now…

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Ultra Health sues New Mexico health department over new cannabis rules
Jul 15, 2020, 12:11 pm By Bart Schaneman
New Mexico’s largest medical marijuana company is suing the state over new MMJ regulations it calls…

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Cannabis gives British Columbia farm sales CA$300 million boost in 2019
Jul 15, 2020, 11:56 am By Solomon Israel
Farm cash receipts in British Columbia hit a record high in 2019, boosted by an increase of nearly…

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Florida high court wants to hear more in medical marijuana licensing case
Jul 15, 2020, 9:00 am By Jeff Smith
A court case that could open up stand-alone licensing opportunities in Florida’s vertically…

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Contract cannabis farming gaining popularity in California, but practice draws lawsuits
Jul 15, 2020, 6:30 am By John Schroyer
To get around the enormous barriers to entry for California’s legal marijuana industry, a growing…

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Metrc fights for right to charge fees to Missouri medical cannabis operators
Jul 14, 2020, 5:43 pm By Jeff Smith
Marijuana track-and-trace company Metrc continues its legal tangle with Missouri state officials…

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Struggling marijuana firm iAnthus plans restructuring deal, recapitalization
Jul 14, 2020, 4:09 pm By Solomon Israel
Multistate cannabis grower and retailer iAnthus Capital Holdings announced a restructuring support…

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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…

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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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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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