MJBizDaily · Page 65

Canadian cannabis sales drop 11.5% from December to January
Mar 22, 2024, 12:03 pm By Solomon Israel
Retail sales of legal adult-use cannabis in Canada tumbled by 11.5% from December to January,…

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Mushroom Joe? How President Biden could reschedule psilocybin like marijuana
Mar 22, 2024, 6:30 am By Chris Roberts
President Joe Biden or a successor could reschedule psychedelics like marijuana, but only if states…

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Canadian cannabis operator SNDL halves annual loss to CA$176.6 million
Mar 21, 2024, 4:58 pm By Matt Lamers
Alberta cannabis and alcohol company SNDL cut its annual loss in fiscal 2023 in half - to 176.6…

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Michigan company’s marijuana license revoked over illicit extracts
Mar 21, 2024, 3:20 pm By Kate Robertson
A Michigan marijuana company is surrendering its processor licenses because it was combining legal…

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Intoxicating hemp-derived cannabinoids must be halted, state AGs tell Congress
Mar 21, 2024, 2:52 pm By Chris Roberts
Congress must act to solve the nationwide “health and safety crisis” posed by the growing…

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Marijuana ETF shutting down not long after launch
Mar 21, 2024, 12:14 pm By Solomon Israel
Marijuana sector exchange traded fund Subversive Cannabis ETF will close down as of March 28, only…

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280E, new markets and wholesale revenue highlight cannabis earnings season
Mar 21, 2024, 6:30 am By Solomon Israel
Tax strategies took the spotlight in fourth-quarter financial reports from publicly traded U.S.…

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Louisiana’s 10th medical marijuana dispensary opens
Mar 20, 2024, 5:17 pm By Chris Casacchia
The final medical marijuana operator allowed by law in Louisiana is open for business. Louisiana’s…

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Kansas’ medical cannabis proposal would be among nation’s strictest
Mar 20, 2024, 1:37 pm By Chris Roberts
Seriously ill people in Kansas would be able to access nonsmokable medical marijuana from pharmacies…

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Marijuana MSO The Cannabist Co. raises $25.75 million
Mar 20, 2024, 12:54 pm By Kate Robertson
Marijuana multistate operator The Cannabist Co. raised $25.75 million in senior secured convertible…

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Opinion: How to determine the fair market value of your cannabis business
Mar 20, 2024, 6:30 am By Kate Lavin
Whether you’re seeking investment, planning to purchase a business or gauging your company’s…

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IRS: Marijuana cash transactions aren’t automatically suspicious
Mar 19, 2024, 5:12 pm By Chris Roberts
Large cash transactions by marijuana businesses should not automatically be reported as suspicious,…

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Florida bill aims to award medical cannabis licenses to 3 Black farmers
Mar 19, 2024, 3:52 pm By Kate Robertson
Florida lawmakers are again trying to expand the number of medical cannabis licenses reserved for…

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Amyris to pay cannabinoid manufacturer Lavvan $15.1 million in settlement
Mar 19, 2024, 2:42 pm By Chris Casacchia
Biotech company Amyris will pay its former business partner, cannabinoid manufacturer Lavvan, $15.1…

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Massachusetts marijuana stores sue town over host community fees
Mar 19, 2024, 1:44 pm By Solomon Israel
Three state-regulated marijuana retailers in western Massachusetts are suing a town government for…

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Curaleaf buying Canadian cannabis operator with eye on global markets
Mar 19, 2024, 1:00 pm By Matt Lamers
Curaleaf Holdings is continuing its international expansion by signing a deal to acquire Northern…

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THCA meets legal definition of hemp, operators say – but not everyone agrees
Mar 19, 2024, 6:30 am By Kate Lavin
Intoxicating cannabis is being sold in accordance with state laws. But it’s not sold as marijuana…

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New York governor orders exam of cannabis regulator, adult-use licensing
Mar 18, 2024, 3:25 pm By Chris Casacchia
New York's governor has ordered examiners to assess the state’s cannabis regulator and processes…

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DEA is working ‘quickly’ on marijuana rescheduling, Vice President Harris says
Mar 18, 2024, 3:07 pm By Kate Robertson
The U.S. Drug Enforcement Administration is "working as quickly as possible" on potentially…

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Retailer High Tide acquires premium cannabis brand Queen of Bud for CA$1M
Mar 18, 2024, 1:59 pm By Matt Lamers
Canadian cannabis retailer High Tide has entered into a definitive agreement to acquire high-end…

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