There’s room for new cannabis brands, even in mature markets, executives say
55m By Kate LavinColorado companies producing cannabis gummies prove there is room for newcomers in mature marijuana markets to compete, innovate and grow.…MJBizDaily is observing Martin Luther King Jr. Day
Mon 6:30am By Kevin HuhnMJBizDaily is not publishing today in commemoration of Martin Luther King Jr. Day. MJBizDaily is observing Martin Luther King Jr. Day is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneursFarming techniques could boost CBD, hemp study infers
Fri 3:12pm By Chris CasacchiaA new study on hemp microorganisms could ultimately help researchers, scientists and growers boost production of CBD and other valuable compounds such as terpenes.…Biden commutes nearly 2,500 nonviolent drug sentences; marijuana impact unclear
Fri 9:51am By Omar SacirbeyPresident Joe Biden on Friday commuted the sentences of almost 2,500 nonviolent drug offenders locked up in federal prisons.…Cannabis MSO Ascend Wellness to issue $15 million in senior secured notes
Fri 9:30am By Margaret JacksonCannabis multistate operator Ascend Wellness Holdings plans to issue $15 million in senior secured notes for such "general corporate purposes" as growth initiatives.…Biden can, and should, pardon nonviolent marijuana offenders
Fri 6:30am By Kate LavinWhile Hunter Biden walks free, thousands of Americans are incarcerated for nonviolent marijuana offenses despite the president’s promises.…Lobbying groups unite to form US Cannabis Roundtable
Thu 5:46pm By Kate LavinThe National Cannabis Roundtable and the U.S. Cannabis Council - two large lobbying groups that advocate on behalf of the state-regulated marijuana industry in Washington, D.C. - are merging to form the US Cannabis Roundtable.…New Florida adult-use marijuana legalization campaign launches
Thu 3:52pm By Chris RobertsThe campaign behind last fall’s failed adult-use marijuana legalization push in Florida is gearing up to try again in 2026.…Indiana GOP lawmakers introduce adult-use cannabis legalization bill
Thu 3:05pm By Chris CasacchiaA group of Republican lawmakers in Indiana have introduced a bill to legalize an adult-use cannabis market.…Marijuana e-commerce platform Leafly transitions to OTC after Nasdaq delisting
Thu 11:40am By Margaret JacksonMarijuana e-commerce platform Leafly Holdings' shares will be delisted from the Nasdaq stock market on Jan. 17 after the exchange’s hearings panel determined the company didn’t earn the required minimum $500,000 in net income from operations.…Banking, veterans and research top priorities for Congress, new Cannabis Caucus chair says
Thu 6:30am By Chris RobertsIf U.S. Rep. Dina Titus has her way, the 119th Congress will finally pass cannabis banking reform as well as bills easing military veterans’ access to medical marijuana and researchers’ abilities to study the drug.…Nebraska medical marijuana legalization lawsuit now includes more state officials
Wed 5:04pm By Chris RobertsA former Nebraska state senator has added a half-dozen state officials to a lawsuit seeking to undo voter-approved medical marijuana legalization.…Parent of Raw cannabis rolling papers wins $8.7M in copyright-infringement suit
Wed 3:11pm By Chris CasacchiaThe Arizona-based parent company of Raw cannabis rolling papers has been awarded $8.7 million from a competitor for copyright infringement of package design and likeness.…Illinois expands medical marijuana program with 4 new qualifying conditions
Wed 1:02pm By Margaret JacksonIllinois is expanding its medical marijuana program with the addition of four conditions to the list of ailments that can be treated with cannabis.…Reborn Eaze plants first cannabis crop at newly expanded Florida cultivation facility
Wed 6:30am By Margaret JacksonFollowing through on a goal it set in November while announcing a rebranding and cash infusion, California-based marijuana operator Eaze has planted its first cannabis crop in its recently expanded Green Dragon Florida cultivation facility.…DoorDash rushing to deliver hemp-derived products
Jan 14, 2025, 4:14 pm By Chris CasacchiaProduct and food delivery app DoorDash is the latest major company to enter the hemp market. DoorDash rushing to deliver hemp-derived products is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneursAyr Wellness opens Miami’s first medical cannabis dispensary
Jan 14, 2025, 2:10 pm By Margaret JacksonAyr Wellness has opened the first medical cannabis dispensary in Miami nearly 10 years after Florida voters legalized MMJ sales.…Cannabis debt crisis looms as billions in loans come due in 2026
Jan 14, 2025, 8:30 am By Chris RobertsAs much as $3 billion in debt will come due for major U.S. cannabis operators by the end of 2026, a “wave” of maturities that could portend a significant shake-up in the regulated industry.…Marijuana rescheduling process paused indefinitely after judge cancels hearing
Jan 13, 2025, 8:21 pm By Chris RobertsPresident-elect Donald Trump’s choice to lead the U.S. Drug Enforcement Administration will wield a heavier hand than expected over the ongoing marijuana rescheduling saga after the agency’s chief administrative law judge canceled hearings scheduled for…Marijuana rescheduling judge blasts DEA for ‘unprecedented, astonishing’ behavior
Jan 13, 2025, 5:16 pm By Chris RobertsThe U.S. Drug Enforcement Administration’s refusal to comply with direct orders from the administrative law judge overseeing the marijuana rescheduling process is “unprecedented and astonishing."…Canadian cannabis retailer High Tide entering German market via acquisition
Jan 13, 2025, 12:49 pm By Margaret JacksonCanada-based cannabis retailer High Tide is getting into the German medical marijuana market with the acquisition of 51% of Purecan GmbH for 4.8 million euros ($4.9 million) in a cash-and-stock deal.…Nation’s oldest marijuana retailer facing multiple lawsuits related to unpaid bills
Jan 13, 2025, 11:30 am By Chris CasacchiaBerkeley Patients Group, the nation’s oldest operational marijuana retailer, is embroiled in several lawsuits alleging the California operator failed to pay invoices to vendors, landlords and service providers.…How will consumer preferences shape cannabis retail in 2025?
Jan 13, 2025, 6:30 am By Kate LavinConsumer preferences will dictate how cannabis retailers shape their product offerings and inventory in 2025.…New York City marijuana social equity operators sue over proximity exemptions
Jan 10, 2025, 4:30 pm By Chris RobertsFour New York City marijuana retailers with social equity licenses are suing state regulators, claiming that recently issued exceptions to a law imposing a 1,000-foot barrier between stores is “undermining” their businesses.…Report: Hundreds of medical cannabis dispensaries could open in DC in 2025
Jan 10, 2025, 3:43 pm By Chris CasacchiaMore than 270 medical cannabis dispensaries could launch in Washington, D.C., this year. Report: Hundreds of medical cannabis dispensaries could open in DC in 2025 is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneursTop marijuana regulators in 2 states resign before launch of adult-use sales
Jan 10, 2025, 1:27 pm By Margaret JacksonThe top marijuana regulators in two states on the verge of launching adult-use sales are stepping down.…Cannabis industry relief efforts underway as wildfires rage across Los Angeles area
Jan 10, 2025, 6:30 am By Chris CasacchiaLos Angeles-area cannabis operators are prioritizing the safety and security of their employees and relief efforts amid historic wildfires raging across the region that have killed at least 10 people, displaced countless others and decimated 2,000-plus…Former employees of Cookies marijuana affiliate TRP allege gender bias in suit
Jan 9, 2025, 5:28 pm By Chris RobertsThe all-male leadership team at a Los Angeles-based national marijuana retailer affiliated with prominent brand Cookies imposed a “bro culture” that encouraged “pervasive gender discrimination,” according to a lawsuit filed by five former women…Receiver appointed for Red White & Bloom cannabis subsidiary in Michigan
Jan 9, 2025, 1:30 pm By Margaret JacksonA Michigan circuit court has appointed a receiver for the assets of PharmaCo, a property of Canada-based cannabis multistate operator Red White & Bloom Brands.…Opportunities abound with distressed marijuana businesses – but use caution
Jan 9, 2025, 6:30 am By Omar SacirbeyBecause there is a dwindling number of states that haven’t legalized medical and/or recreational marijuana, it is easy to be fooled into believing opportunities to get a cannabis business license would likewise be shrinking.…
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