Cannabis brand West Coast Cure asks court to toss pesticide-spurred lawsuit
Fri 3:53pm By Chris CasacchiaThe parent company of West Coast Cure, one of California’s largest and most well-known marijuana brands, has filed a petition to dismiss a class action lawsuit that claims the operator skirted state regulations and sold unsafe vape products that contained…Kentucky’s first medical marijuana business license goes to a testing lab
Fri 3:22pm By Omar SacirbeyA cannabis testing laboratory is Nicholasville, Kentucky, is the first business to receive a license under the state’s medical marijuana program, which is supposed to launch next year.…Pelorus seeks receivership for cannabis operator StateHouse Holdings
Fri 2:14pm By Margaret JacksonPelorus Fund REIT is asking a California court to place StateHouse Holdings into receivership after the vertically integrated cannabis operator defaulted on four loans.…Congress should clarify hemp-derived cannabinoids fall under CSA, report says
Fri 12:25pm By Chris RobertsCongress ought to "state clearly" that hemp-derived THC and other intoxicating cannabinoids extracted from hemp are subject to the Controlled Substances Act (CSA), according to a new report sponsored by federal health authorities.…How likely is passage of Florida’s adult-use marijuana legalization measure?
Fri 6:30am By Kate LavinWith little over a month to go before the national election, polls show the future of Florida adult-use cannabis balanced on a knife’s edge.…Los Angeles County seeks to halt online ads for unlicensed cannabis stores
Thu 4:10pm By Chris CasacchiaLos Angeles County officials approved a motion to push for popular online platforms such as Google and Yelp to stop listing unlicensed cannabis stores.…Marijuana legalization ‘an issue for the states,’ Democratic VP candidate says
Thu 3:28pm By Chris RobertsMinnesota Gov. Tim Walz, the Democratic nominee for vice president, declined to endorse nationwide marijuana legalization in a recent interview.…Cannabis sales in Canada hit yearly high of CA$440 million in July
Thu 11:31am By Kevin HuhnCanada’s cannabis retail sales grew for the fifth consecutive month in July, topping 440 million Canadian dollars ($326.7 million) to reach the highest level so far in 2024.…Marijuana MSO 4Front Ventures amends credit facility, seeks to refine fiscal plan
Thu 10:30am By Margaret JacksonMarijuana multistate operator 4Front Ventures amended its credit facility and enlisted Canaccord Genuity Corp. to hone its financial strategy.…Ancillary firm aims to solve payment crunch for cannabis brands
Thu 8:30am By Margaret JacksonLeafLink, a software platform to connect cannabis retailers with brands, is launching a product aimed to guarantee automated weekly payments to brands.…Lawsuit seeks to block California ban on intoxicating hemp-derived products
Wed 3:41pm By Chris RobertsSix hemp companies and a major lobbying group for the industry filed a lawsuit seeking to block California's statewide ban on intoxicating hemp-derived products.…MSOs donate another $6 million to Florida adult-use marijuana campaign
Wed 3:30pm By Chris CasacchiaTwo of the nation’s largest marijuana multistate operators, Trulieve Cannabis Corp. and Curaleaf Holdings, pumped another $6 million into Florida’s adult-use legalization campaign, the most expensive ballot effort in U.S. history.…Hemp bill introduced in Congress would ban synthetic THC nationwide
Wed 3:08pm By Chris RobertsA new federal agency would be responsible for enforcing fresh regulations imposed on Farm Bill-compliant hemp products in the United States - including a ban on “artificially or synthetically derived cannabinoids of any kind” - under a bill introduced in…Village Farms buys remaining interest in Dutch cannabis producer Leli Holland
Wed 1:11pm By Margaret JacksonVillage Farms International has acquired the remaining equity in Netherlands-based cannabis producer Leli Holland B.V.…Premium marijuana brands report steady sales despite shaky economy
Wed 6:30am By Margaret JacksonDespite economic uncertainty, luxury cannabis products continue to attract discerning consumers seeking premium experiences.…California emergency orders restricting intoxicating hemp products now in effect
Tue 4:31pm By Chris CasacchiaEmergency regulations issued by California Gov. Gavin Newsom a few weeks ago limiting the sale and production of intoxicating hemp products are now in force.…Georgia pharmacy launches medical marijuana oil sales in defiance of DEA
Tue 4:23pm By Chris RobertsA licensed Georgia pharmacy appears to be the first to sell low-THC medical marijuana oil in accordance with state law but in defiance of a U.S. Drug Enforcement Administration warning.…Audit: Connecticut cannabis social equity agency followed ‘questionable practices’
Tue 3:00pm By Margaret JacksonThe agency that oversees Connecticut's cannabis social equity funding and license approval is a dysfunctional workplace with no strategic plan, a state audit shows.…Marijuana advocates optimistic Florida will legalize adult-use sales
Tue 6:30am By Omar SacirbeyMarijuana companies operating in Florida are optimistic Amendment 3, the adult-use cannabis ballot referendum, will be successful with voters.…Sales of intoxicating hemp products in Missouri to resume despite gov’s order
Mon 3:29pm By Chris RobertsSales of products containing intoxicating hemp-derived cannabinoids may resume in Missouri after a top state official indicated a change in enforcement priorities.…New York’s cannabis social equity director resigns
Mon 2:52pm By Chris CasacchiaThe leader of New York’s cannabis social equity program has resigned in the latest shake-up in the state's marijuana regulatory agency.…Licensing glut has New Mexico’s legacy marijuana businesses closing, downsizing
Mon 1:49pm By Margaret JacksonMany legacy marijuana businesses in New Mexico are closing or downsizing because the state has issued so many licenses the market is oversaturated.…Cannabis software employee denied visa for work ‘abetting’ US drug law violations
Mon 12:29pm By Chris RobertsIn a test case of the ongoing conflicts between federal and state marijuana statutes, a cannabis software firm wants a U.S. judge to override immigration authorities who denied an employee a visa on the grounds that his work “aided and abetted activities…Fourth California marijuana testing lab loses license as crackdown continues
Mon 6:30am By Chris RobertsCalifornia regulators revoked another commercial marijuana testing laboratory’s license in the past month, public records show.…Martha’s Vineyard cannabis operator Fine Fettle poised for sale
Sep 20, 2024, 3:51 pm By Kate LavinMassachusetts-based Black Harbor Group is positioned to purchase Fine Fettle, a licensed cannabis cultivator and manufacturer located on Martha’s Vineyard in West Tisbury, Massachusetts.…Marijuana cultivator Bright Green’s shares suspended from Nasdaq trading
Sep 20, 2024, 3:06 pm By Margaret JacksonBright Green Corp., the first plant-touching marijuana business to trade on a major U.S. stock exchange, said its shares have been suspended from trading on the Nasdaq.…5 strategies to reach financial success in the cannabis industry
Sep 20, 2024, 6:30 am By Kate LavinFrom small-town dispensaries to multistate operators, cannabis executives must be particularly savvy with their financial management.…‘Secretive’ Wyoming companies win Missouri marijuana social equity licenses
Sep 19, 2024, 4:57 pm By Chris RobertsApplicants for adult-use marijuana social equity business licenses in Missouri are crying foul after it was revealed that nearly half the licenses awarded in the Kansas City area went to companies registered out of state.…Cannabis operator Ayr Wellness loses CEO David Goubert
Sep 19, 2024, 3:02 pm By Margaret JacksonDavid Goubert resigned as president and CEO of cannabis multistate operator Ayr Wellness. Cannabis operator Ayr Wellness loses CEO David Goubert is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneursSecond phase of German adult-use marijuana market launch in jeopardy
Sep 19, 2024, 12:28 pm By Kate LavinGermany’s long-anticipated “Pillar 2,” which would launch adult-use marijuana sales as part of a limited-duration pilot project, is in danger of being abandoned, according to elected officials.…
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