Ohio marijuana retailers double sales after adult-use market launch
6:30am By Margaret JacksonOhio experienced a threefold increase in revenue in the days after launching adult-use marijuana sales, and, two weeks later, sales are still double the pre-rec numbers, according to Headset. Ohio marijuana retailers double sales after adult-use market launch…AFC Gamma provides credit totaling $18 million to 3 cannabis operators
Mon 4:29pm By Omar SacirbeyAFC Gamma, a real estate investment trust, has set up or expanded credit facilities totaling more than $18 million for three cannabis companies. AFC Gamma provides credit totaling $18 million to 3 cannabis operators is a post from: MJBizDaily: Financial, Legal…Approved and pending marijuana licenses rise in US for first time in 2 years
Mon 3:37pm By Margaret JacksonThe number of pending and approved marijuana business licenses in the United States increased 21% during the second quarter of 2024. Approved and pending marijuana licenses rise in US for first time in 2 years is a post from: MJBizDaily: Financial, Legal &…Court ruling threatens New York’s illicit cannabis crackdown
Mon 2:36pm By Chris RobertsA recent court ruling is jeopardizing New York's crackdown on illicit cannabis sellers that Gov. Kathy Hochul and other officials have credited with rescuing the state’s struggling legal marijuana market. Court ruling threatens New York’s illicit cannabis…California hemp fight signals long-term struggle with marijuana
Mon 6:30am By Chris RobertsThe battle in California over how to regulate intoxicating hemp products exemplifies the issue facing regulated marijuana markets across the United States. California hemp fight signals long-term struggle with marijuana is a post from: MJBizDaily: Financial,…David Klein retiring as CEO of Canadian cannabis operator Canopy Growth
Aug 16, 2024, 3:45 pm By Omar SacirbeyDavid Klein, who joined Canopy Growth Corp. as CEO in 2020, will retire at the end of company’s current fiscal year, on March 31, 2025. David Klein retiring as CEO of Canadian cannabis operator Canopy Growth is a post from: MJBizDaily: Financial, Legal &…California hemp stakeholders celebrate as restrictions are scuttled – for now
Aug 16, 2024, 2:17 pm By Chris RobertsCalifornia hemp interests are celebrating after a push by marijuana regulators and the governor to strictly regulate intoxicating hemp-derived cannabinoids under state law failed in the Legislature. California hemp stakeholders celebrate as restrictions are…Judge dismisses challenge to Wyoming’s ban on hemp-derived THC products
Aug 16, 2024, 1:26 pm By Margaret JacksonWyoming’s ban on the sale of delta-8 and other hemp-derived THC products will remain in place after a federal judge granted the state's motion to dismiss the case. Judge dismisses challenge to Wyoming’s ban on hemp-derived THC products is a post from:…Teamsters unionize fourth Verano cannabis store in Illinois
Aug 16, 2024, 10:00 am By Omar SacirbeyThe Evanston, Illinois, location of the Zen Leaf cannabis retail chain “voted overwhelmingly” to join the International Brotherhood of Teamsters Local 777. Teamsters unionize fourth Verano cannabis store in Illinois is a post from: MJBizDaily: Financial,…Rescheduling alone wouldn’t solve the marijuana industry’s banking problem
Aug 16, 2024, 6:30 am By Kate LavinMarijuana rescheduling would alleviate certain burdens for regulated operators but would do little to address cannabis banking difficulties. Rescheduling alone wouldn’t solve the marijuana industry’s banking problem is a post from: MJBizDaily: Financial,…NORML: ‘No rational explanation’ for Missouri raising limits for toxic additive
Aug 15, 2024, 5:57 pm By Margaret JacksonThe Missouri chapter of NORML is pushing back on the state's new regulations in that allow higher levels of potentially toxic vitamin E acetate in cannabis products, including vape cartridges. NORML: ‘No rational explanation’ for Missouri raising limits…US alerts hemp sector to new Chinese CBD regulations
Aug 15, 2024, 1:31 pm By Chris RobertsChina is shifting its regulations on CBD production that could lead to legalized production in the East Asia country, according to a memo from the U.S. Department of Agriculture. US alerts hemp sector to new Chinese CBD regulations is a post from: MJBizDaily:…California seizes 2.2 million illicit cannabis packages in Los Angeles Toy District raid
Aug 15, 2024, 11:56 am By Margaret JacksonCalifornia authorities seized 2.2 million illicit cannabis packages -many designed to appeal to children - during a sting operation in downtown Los Angeles' Toy District. California seizes 2.2 million illicit cannabis packages in Los Angeles Toy District raid…Marijuana MSOs set up high-risk fight with IRS over 280E of tax code
Aug 15, 2024, 6:30 am By Chris RobertsTens of millions of dollars in tax savings and a quick increase in available cash are some of the immediate short-term benefits for the five major marijuana multistate operators that have declared their freedom from Section 280E of the Internal Revenue Code.…Ohio cannabis sales increase 270% with advent of adult-use market
Aug 14, 2024, 5:09 pm By Margaret JacksonOhio cannabis sales increase 270% with advent of adult-use market is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneursCannabis operator TerrAscend secures $140 million loan
Aug 14, 2024, 4:41 pm By Omar SacirbeyTerrAscend Corp., a Canadian-headquartered cannabis operator with U.S. assets, has closed on a $140 million senior secured term loan from FocusGrowth Asset Management, a leading capital provider to the marijuana sector, and other members of a loan syndicate.…Florida-based Trulieve hits back over ‘Canadian marijuana company’ claim
Aug 14, 2024, 3:38 pm By Chris RobertsTrulieve Cannabis Corp. is the biggest marijuana company in Florida - and, to be clear, it is absolutely a Florida business. Florida-based Trulieve hits back over ‘Canadian marijuana company’ claim is a post from: MJBizDaily: Financial, Legal &…Former cannabis exec pivots to mushroom kits: Q&A with Wonderbags founder Zach Dorsett
Aug 14, 2024, 6:30 am By Kate LavinZach Dorsett launched Wonderbags, pre-colonized mycelium substrate that can be sent through the mail, after Colorado’s Natural Medicine Health Act passed. Former cannabis exec pivots to mushroom kits: Q&A with Wonderbags founder Zach Dorsett is a post from:…SNDL agrees to acquire remaining interest in Nova Cannabis
Aug 13, 2024, 5:44 pm By Margaret JacksonSNDL will buy the shares of Nova Cannabis that it doesn’t already own for about 40 million Canadian Dollars ($29.1 million), the Alberta companies said. SNDL agrees to acquire remaining interest in Nova Cannabis is a post from: MJBizDaily: Financial, Legal &…Health Canada expands hemp and marijuana recall, cites intoxicating cannabinoids
Aug 13, 2024, 5:00 pm By Margaret JacksonHealth Canada updated its June recall of several cannabis oils and softgels, saying significant quantities of intoxicating cannabinoids were not labeled. Health Canada expands hemp and marijuana recall, cites intoxicating cannabinoids is a post from:…
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- Minnesota issues first adult-use marijuana license to a cultivator
44m By Margaret Jackson - Cannabis companies still standing after reset are ‘well positioned to thrive’
6:30am By Kevin Huhn - Lab licensing spurs hopes that Alabama’s medical marijuana logjam will end
Wed 4:35pm By Chris Roberts - Aurora Cannabis denies reports it acquired another operator
Wed 2:20pm By Kevin Huhn - Printed and dyed marijuana rolling papers could pose health risks
Wed 6:30am By Margaret Jackson - ‘Communist cannabis’: Maryland hemp operators ask judge to redo regulations
Tue 3:36pm By Chris Roberts - Marijuana brand High Times to return after $3.5 million acquisition
Tue 2:12pm By Margaret Jackson - Cookies wins $22.7 million from partner; fate of branded cannabis stores unknown
Tue 6:30am By Chris Roberts - California moves to make hemp-derived THC ban permanent
Mon 3:47pm By Chris Roberts - Maine is pushing medical cannabis testing to next year
Mon 1:44pm By Margaret Jackson
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