Several state marijuana legalization initiatives could make November ballot
6:30am By Jeff SmithAround a half-dozen marijuana legalization referendums could reach state ballots in November, with advocates confident they can repeat the clean sweep of victories voters delivered two years ago.…‘A dream realized’: Q&A with cannabis social equity licensee Aja Allen
Mon 6:30am By John SchroyerAja Allen endured uncertainty from 2018 until her Central Los Angeles marijuana shop, Sixty Four and Hope, opened last September.…L.A. County approves $30,000-per-day fines for illegal marijuana businesses
Fri 4:37pm By John SchroyerLos Angeles County authorities signed off on a plan to issue $30,000-per-day civil fines against unlicensed commercial marijuana activity, which officials say has grown explosively in recent years.…Oklahoma might clamp down with new medical cannabis regulations
Fri 3:15pm By John SchroyerOklahoma lawmakers could be poised to enact new restrictions on the state's booming medical cannabis program amid concerns about a growing underground marijuana industry.…Marijuana MSO Ascend Wellness sues MedMen over New York deal
Fri 2:30pm By Jeff SmithMarijuana multistate operator Ascend Wellness Holdings said Friday it filed a lawsuit seeking to compel MedMen Enterprises to complete the sale of the majority of its interest in a New York marijuana operation.…California governor pledges cannabis tax reform, but details sketchy
Fri 1:42pm By John SchroyerGov. Gavin Newsom gave California's marijuana industry reason to rejoice this week when he came out forcefully in favor of overhauling the state's cannabis tax system to help MJ businesses woo customers from the thriving underground market.…Colorado 2021 marijuana sales could break record despite monthly slumps
Fri 12:45pm By Bart SchanemanMarijuana sales in Colorado could set an annual record for 2021, even though several months fell below the previous year's totals.…New York cannabis retail opportunities take shape after opt-out deadline passes
Fri 6:30am By Solomon IsraelAlthough roughly half of New York's municipal governments opted out of permitting recreational cannabis stores before a Dec. 31 deadline, those opt-outs aren't set in stone.…Ohio recreational marijuana drive takes promising step toward legalization
Thu 4:51pm By Jeff SmithRecreational marijuana legalization advocates in Ohio submitted 29,918 additional signatures by this week’s deadline to bolster efforts to get a referendum before lawmakers or on the fall ballot.…SD unlikely to pass adult-use cannabis law this year, key lawmaker says
Thu 3:30pm By Bart SchanemanSouth Dakota entrepreneurs likely won't see recreational cannabis become law in 2022, according to Senate President Pro Tem Lee Schoenbeck.…Mississippi Senate passes medical marijuana bill; House vote is next
Thu 2:33pm By Jeff SmithThe Mississippi state Senate on Thursday passed a medical marijuana law, sending it to the House of Representatives, where approval is less certain.…Cannabis recruitment platform Vangst raises $19 million
Thu 12:30pm By Solomon IsraelVangst, a recruitment firm focused on the cannabis industry, raised $19 million in a Series B financing round. Cannabis recruitment platform Vangst raises $19 million is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneursHow to grow marijuana sales organically: Q&A with Organigram CEO Beena Goldenberg
Thu 12:00pm By Matt LamersOrganigram is among a handful of large Canadian cannabis producers that managed to take more overall share of Canada’s cannabis market in 2021 via nondilutive organic sales growth.…How cannabis brands can cultivate engaged consumers
Thu 6:30am By Bart SchanemanThe market for legal cannabis in the U.S. is expected to surge in the coming years, reaching more than $40 billion annually by 2025, according to the MJBizFactbook, creating huge opportunities to educate consumers on its benefits and create brands that…Incorporate uncertainty into your marijuana business plan
Wed 5:00pm By Jenel Stelton-HoltmeierWouldn’t it be great if words that we’re tired of could just stop being part of our reality?…Marijuana website Leafly, SPAC partner raise $30M; merger vote delayed
Wed 3:43pm By Solomon IsraelOnline marijuana platform Leafly Holdings said it secured $30 million in new funding in relation to its pending merger with special purpose acquisition company (SPAC) Merida Capital Holdings.…Canadian government hosting cannabis industry diversity forums
Wed 3:05pm By Matt LamersThe Canadian government is hosting two public forums this month to learn how it can support existing and potential cannabis industry stakeholders from Black, Indigenous and other diverse communities…Curaleaf director, others sue Oregon CBD startup for $60 million
Wed 2:26pm By Jeff SmithCuraleaf director, others sue Oregon CBD startup for $60 million is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneursMarijuana company Viola closes $13 million funding round
Wed 1:15pm By Bart SchanemanLos Angeles-based marijuana multistate operator Viola Brands closed a $13 million equity funding round with the aim to expand into several new markets.…GB Sciences exits cannabis cultivation with $8 million sale of Las Vegas site
Wed 11:49am By Bart SchanemanLas Vegas-based GB Sciences is leaving the cannabis cultivation space to pursue further interests in the biopharmaceutical industry.…Outlook dim for US marijuana legalization in 2022, but banking reform alive
Wed 6:30am By John SchroyerThe federal marijuana reform landscape in 2022 is cloudy, with most national insiders doubting a comprehensive legalization bill will succeed just yet given the unfavorable political dynamics in Washington DC.…Kansas lawmaker wants to refer medical marijuana legalization to voters
Jan 11, 2022, 3:13 pm By Jeff SmithA Democratic lawmaker in Kansas said he will propose a resolution next week to refer medical marijuana legalization to voters in the fall.…Organigram loss narrows on brisk cannabis sales
Jan 11, 2022, 2:56 pm By Matt LamersNew Brunswick cannabis producer Organigram’s loss narrowed to 1.3 million Canadian dollars ($1 million) as adult-use sales soared over 70% compared to the comparable year-ago period, according to the company’s first-quarter financial results released…Marijuana producer Tilray buys two more craft beer brands for $5.1 million
Jan 11, 2022, 12:49 pm By Matt LamersMarijuana producer Tilray Brands acquired two California craft beer brands in late 2021, Alpine and Green Flash, in a cash and stock deal worth $5.1 million (6.4 million Canadian dollars), according to a new regulatory disclosure.…Washington state adult-use cannabis generates huge impacts, but tax burden high
Jan 11, 2022, 9:00 am By Jeff SmithWashington state’s adult-use marijuana industry directly employed 11,330 workers and generated more than $1.4 billion in revenue in 2020, according to a first-ever economic analysis of the market.…Supply-chain crunch hits California marijuana companies
Jan 11, 2022, 6:30 am By Roger FillionCalifornia marijuana companies - already facing labor shortages, high taxes and regulatory red tape - are now contending with supply-chain gridlock, forcing many to reassess and revamp procurement strategies as margins shrink.…Author of SAFE Banking cannabis measure won’t seek reelection this year
Jan 10, 2022, 5:57 pm By John SchroyerColorado Democrat Ed Perlmutter, a champion in the U.S. House of Representatives for cannabis reform, announced Monday he won't run for reelection in 2022.…Arkansas registers $264.9 million worth of medical cannabis sales in 2021
Jan 10, 2022, 4:29 pm By Solomon IsraelMedical cannabis dispensaries in Arkansas sold a total of $264.9 million worth of MMJ in 2021, according to data released by the state's Department of Finance and Administration (DFA).…Oklahoma aims to beef up enforcement efforts on illicit medical marijuana businesses
Jan 10, 2022, 3:45 pm By John SchroyerOklahoma's enforcement against unlicensed medical marijuana companies is likely to increase significantly in 2022 now that state regulators have taken advantage of increased funding and have ramped up hiring of cannabis business inspectors.…New Jersey chooses Metrc to supply cannabis traceability system
Jan 10, 2022, 3:15 pm By Bart SchanemanNew Jersey selected Florida-based Metrc to provide seed-to-sale tracking for the state's licensed cannabis program.…
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