Curaleaf closing cannabis grow facility in New Jersey, laying off workers
53m By Kate RobertsonMassachusetts-based multistate operator Curaleaf Holdings is shuttering its cannabis cultivation facility in Bellmawr, New Jersey, and could lay off up to 40 workers.…Metrc expands Maryland track-and-trace contract to adult-use marijuana market
2h By Solomon IsraelCannabis seed-to-sale software company Metrc expanded its contract with the Maryland government to track the state's upcoming adult-use marijuana market.…1st Arizona cannabis store owned by Black woman to open 4/20
2h By Chris RobertsMarijuana entrepreneur Marvina Thomas is the first Black woman to own a legal cannabis store in Arizona. 1st Arizona cannabis store owned by Black woman to open 4/20 is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneursMarijuana companies wade into Twitter advertising with mixed success
10:30am By Margaret JacksonCannabis companies have begun advertising on Twitter for the first time, but so far the results have been mixed.…Northern California workers at cannabis delivery service Grassdoor unionize
Wed 5:41pm By Chris CasacchiaNearly 100 drivers and warehouse workers from Grassdoor's Northern California operation in Brisbane joined Teamsters Local 2785.…Oklahoma proposes extending marijuana grow license moratorium
Wed 4:57pm By Kate RobertsonA bill that would extend Oklahoma's moratorium on issuing new medical marijuana cultivation licenses to Aug. 1, 2026, advanced in the state House and is headed to the Senate.…2nd lawsuit filed against cannabis REIT Innovative Industrial Properties
Wed 3:58pm By Chris RobertsLegal woes are piling on for Innovative Industrial Properties, as another shareholder has accused the cannabis-focused real estate investment trust of misleading investors about its due diligence on a key California-based marijuana company.…Marijuana MSO TerrAscend could list on Toronto Stock Exchange by summer
Wed 10:30am By Kate RobertsonMarijuana multistate operator TerrAscend Corp. could become the first U.S. plant-touching company to list on the Toronto Stock Exchange by this summer if the restructuring plan it shared with shareholders and analysts wins TSX approval.…Pennsylvania court rules medical cannabis costs can be reimbursed
Tue 9:23pm By Chris CasacchiaMedical cannabis costs incurred in Pennsylvania as a result of work-related injuries are eligible for reimbursement, a state court ruled.…Cocaine announcement by marijuana company Adastra leads to lawsuit
Tue 5:26pm By Solomon IsraelCanada-based Adastra Holdings faces a proposed class action lawsuit from a shareholder who alleges the cannabis company made "misleading statements about (its) ability to legally sell cocaine."…Canadian cannabis industry reckons with inflated THC label claims
Tue 10:30am By Solomon IsraelPotency testing on store-bought cannabis flower by a Canadian laboratory has found THC levels significantly lower than the labeled value, sparking an industrywide conversation about how to address inaccurate THC claims.…Detroit’s 1st Black-owned, ‘legacy’ marijuana retailer opens
Mon 7:45pm By Kate RobertsonThe first Black-owned marijuana retailer with a social equity retail license opened Saturday in Detroit, four years after the Michigan city approved recreational cannabis sales.…Kentucky is latest state to impose delta-8 restrictions
Mon 7:12pm By Chris RobertsDelta-8 THC products sold in Kentucky after Aug. 1, 2023, will be subject to product testing, labeling and age-restriction requirements under a bipartisan bill passed by both chambers of the state Legislature.…Opinion: 5 steps to close the marijuana industry’s C-suite gender gap
Mon 5:05pm By Kate LavinIn an industry that once had an unusually high percentage of female CEOs, the marijuana sector now has fewer women in leadership positions than the U.S. average.…Cannabis MSO MariMed CEO’s sudden death shows need for succession plan
Mon 10:30am By Kate RobertsonMere months before Robert Fireman died suddenly in December, the co-founder and former CEO of Massachusetts-based MariMed shook up the cannabis company's management team and created a succession plan.…Medical marijuana legalization advances in Kentucky, dies in Kansas
Fri 8:51pm By Chris RobertsKentucky is on track to legalize medical marijuana after a bill passed in the state Senate, but an MMJ measure in Kansas is essentially dead.…Cannabis producer Hexo trims loss, but sales plummet
Fri 7:25pm By Matt LamersCannabis producer Hexo reported a lower loss for the quarter ended Jan. 31, 2023, but the Gatineau, Quebec-based company’s sales took a nosedive, according to its quarterly report.…Police in California city seize 1,500 pounds of illegal marijuana products
Fri 6:30pm By Chris CasacchiaPolice in Pomona, California, are investigating a business where they found 1,500 pounds of unlicensed marijuana products as well as electronic casino gaming consoles.…SEC charges cannabis firm American Patriot Brands with fraud
Fri 5:50pm By Solomon IsraelThe U.S. Securities and Exchange Commission has charged Nevada-based cannabis company American Patriot Brands with fraud in a "long-running scheme" in which the company raised more than $30 million from investors.…Marijuana tech firm Leafly lays off 40 workers as annual revenue rises 10%
Fri 4:43pm By Kate RobertsonMarijuana e-commerce platform Leafly Holdings this week laid off another 40 employees, or 21% of its workforce, a day before reporting its full-year and fourth-quarter financial results.…Opinion: What the demise of Silicon Valley Bank means – and does not mean – for cannabis finance
Fri 10:30am By Kate LavinAny disruption to the economy - particularly when it involves banks - is disconcerting and potentially impactful to the cannabis industry.…Marijuana MSOs sue New York over adult-use retail license delay
Mar 16, 2023, 10:20 pm By Chris RobertsMultistate operators with New York medical cannabis licenses sued regulators on Thursday in an attempt to gain quick entry into the state's adult-use marijuana market.…Ontario Chamber of Commerce calls on province to allow cannabis lounges
Mar 16, 2023, 7:10 pm By Matt LamersThe largest provincial business advocacy body in Canada is calling on the Ontario government to allow cannabis consumption establishments as part of efforts to modernize and champion the sector.…Arkansas cannabis grower suing insurer after claim denied
Mar 16, 2023, 6:00 pm By Kate RobertsonA medical cannabis grower and distributor in Arkansas is suing its insurance company for $300,000 after the insurer denied the cultivator's claim.…Kris Krane returns to marijuana MSO 4Front Ventures with board seat
Mar 16, 2023, 5:08 pm By Solomon IsraelLongtime cannabis industry executive Kris Krane is rejoining 4Front Ventures, the multistate marijuana company he co-founded, as a member of the board of directors.…With cannabis cultivator cap lifted, growers face New Jersey’s challenges
Mar 16, 2023, 10:30 am By Solomon IsraelNew Jersey is no longer limiting the number of cannabis cultivation licenses, and entrepreneurs are looking forward to supplying the East Coast marijuana market as production ramps up.…Tilt Holdings marijuana vape subsidiary Jupiter Research refinances debt
Mar 15, 2023, 8:07 pm By Kate RobertsonJupiter Research, a marijuana vape cartridge subsidiary of Phoenix-based Tilt Holdings, refinanced and extended its revolving credit facility.…5 Canadian cannabis producers face May deadline in ‘extracts/edibles’ conflict
Mar 15, 2023, 5:18 pm By Matt LamersHealth Canada has asked five companies to stop distribution and sale of noncompliant cannabis edibles products by the end of May and provincial wholesalers have been notified of the ongoing crackdown after months of confusion, MJBizDaily has learned.…Medical marijuana sales in Arkansas reach $22.4 million in February
Mar 15, 2023, 4:33 pm By Solomon IsraelMedical marijuana patients in Arkansas spent $23.1 million on cannabis products in January and $22.4 million in February for a total of $45.5 million over the two-month period.…Cannabis brands, products steeped in nostalgia aim to attract generational consumers
Mar 15, 2023, 10:30 am By Chris CasacchiaCannabis companies nationwide are infusing a heavy dose of nostalgia in their products and building brands based on fond memories, good times and the soundtracks of some of our formative years.…
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