Catholic Church opposes Florida’s adult-use marijuana legalization effort
Mon 3:37pm By Chris RobertsThe Catholic Church opposes adult-use marijuana legalization in Florida, where spending by cannabis multistate operators in support has eclipsed $100 million.…Cannabis operator Canopy Growth reduces loan term by $100 million
Mon 12:16pm By Margaret JacksonCanadian cannabis operator Canopy Growth Corp. made an early payment to reduce a loan term by $100 million (roughly 138.5 million Canadian dollars).…Director of Alaska’s marijuana regulatory agency resigns
Mon 11:16am By Chris CasacchiaJoan Wilson, Alaska's top cannabis regulator since 2022, has resigned as executive director of the Alcohol & Marijuana Control Office.…Cannabis pioneer Sundie Seefried looks at the evolving banking landscape
Mon 6:30am By Omar SacirbeyCannabis pioneer Sundie Seefried looks at the evolving banking landscape is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneursUS Hemp Authority offers certification program for intoxicating products
Fri 3:21pm By Chris RobertsAbsent federal regulations for the $28.4 billion market for goods containing intoxicating hemp-derived cannabinoids, a major hemp advocacy organization has created a certification program for such products.…California gives Mendocino cannabis farmers a path to secure annual permits
Fri 2:24pm By Chris CasacchiaCalifornia’s marijuana regulatory agency has cleared a huge administrative barrier that has prevented hundreds of cannabis growers in Mendocino County from securing annual licenses.…Illinois adult-use marijuana sales drop 2% in September to $136.5 million
Fri 1:13pm By Margaret JacksonAdult-use marijuana sales in Illinois were down a little more than 2% in September compared to the same month last year, even though businesses sold more than $1 billion worth of marijuana faster than they have in previous years.…Why cannabis OGs shouldn’t fear multistate operators
Fri 6:30am By Kate LavinPlenty of legacy OGs fear that MSOs might overtake their home markets. But by understanding the role of MSOs, cannabis OGs can rest easier.…California marijuana lab official fired for violations, not whistleblowing, state says
Thu 3:54pm By Chris CasacchiaCalifornia's marijuana regulatory agency is denying claims that a former top official was fired for highlighting widespread problems at state-licensed testing labs under her supervision, according to court documents obtained by MJBizDaily.…Germany’s medical cannabis sales to exceed $455M in 2024, report says
Thu 1:15pm By Chris RobertsMedical cannabis sales in Germany are on pace to exceed a record 420 million euros (roughly $455.2 million) in 2024, a new report shows.…New Delaware law protects banks that work with state’s marijuana businesses
Thu 12:44pm By Margaret JacksonFinancial institutions that serve licensed marijuana businesses in Delaware will be protected from state-level prosecution under a bill that the governor recently signed into law.…Cannabis sales in Ontario, Canada, rise 21% in first half of year
Thu 9:10am By Margaret JacksonCannabis sales in Ontario, Canada, surged during the first half of the year, with licensed retailers selling 21% more marijuana by volume than they did during the same period last year.…California regulators revoke K.U.S.H. Collective’s cannabis business license
Wed 4:14pm By Chris CasacchiaCalifornia regulators on Wednesday revoked the business license of K.U.S.H. Collective and issued a consumer advisory for all its products.…Legal challenge will loom over Nebraska medical marijuana legalization vote
Wed 2:36pm By Chris RobertsA significant legal challenge to the ballot measures seeking to legalize medical marijuana in Nebraska won’t be resolved before Election Day, a state judge acknowledged.…New York City program offers loans to cannabis social equity retailers
Wed 1:44pm By Margaret JacksonNew York City has launched a low-interest loan program designed to provide affordable capital to licensed cannabis social equity retailers.…Wyld dominates edibles category in adult-use marijuana markets
Wed 6:30am By Andrew LongWyld is well on its way to becoming the top-selling edibles brand in every state, a goal the Oregon-based company says it has set for itself.…Connecticut’s cannabis sales decline 12% in September
Tue 4:05pm By Margaret JacksonTotal cannabis sales in Connecticut dropped 12% in September, according to recently released data. Connecticut’s cannabis sales decline 12% in September is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneursJudge rejects petition to pause California ban on intoxicating hemp products
Tue 3:04pm By Chris CasacchiaA California judge has temporarily upheld a wide-ranging. statewide ban on nearly all consumer hemp products containing THC.…Vice President Harris pledges Black jobs in federal marijuana legalization
Tue 2:03pm By Chris RobertsVice President Kamala Harris is pledging to legalize adult-use marijuana nationwide if she is elected in November and says she will ensure Black Americans will have “opportunities” to “access wealth and jobs” in a federally legal market.…California cannabis lounges and retailers outline plans to embrace cafe law
Oct 15, 2024, 6:30 am By Chris CasacchiaCalifornia cannabis microbusinesses and retailers hope a new state law that widely expands their ability to offer food, drinks and live music will drive growth and provide a template for other regulated markets.…Massachusetts fines marijuana MSOs Ascend, Curaleaf a combined $165,000
Oct 11, 2024, 3:32 pm By Chris CasacchiaMassachusetts regulators fined New York-based marijuana multistate operators Ascend Wellness Holdings and Curaleaf Holdings a combined $165,000 for neglecting consumer safety practices.…Poland medical cannabis import limits set to double in 2024
Oct 11, 2024, 1:48 pm By Kevin HuhnPoland is set to significantly increase the import cap on medical cannabis based on continually expanding demand in what is fast becoming one of Europe’s most exciting markets.…Facing receivership, marijuana operator StateHouse Holdings enters bankruptcy
Oct 11, 2024, 12:42 pm By Margaret JacksonSan Diego-based marijuana operator StateHouse Holdings has entered bankruptcy in Canada after its main lender asked that the company be placed in a receivership.…Parts of New Jersey’s hemp law are unenforceable, judge rules
Oct 11, 2024, 11:57 am By Margaret JacksonThe hemp industry scored a significant victory when a New Jersey judge ruled that the state cannot enforce parts of a new law that treat out-of-state hemp products differently.…Native American tribes bridge gap in Minnesota cannabis market
Oct 11, 2024, 6:30 am By Kate LavinNative American cannabis businesses are helping to fill a gap in supply while Minnesota prepares to launch its regulated marijuana market next year.…Feds seize homes in Maine in crackdown on illegal marijuana grows
Oct 10, 2024, 3:24 pm By Chris CasacchiaThe federal government seized two homes in Maine it says were used to grow illegal marijuana. Feds seize homes in Maine in crackdown on illegal marijuana grows is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneursIM Cannabis announces $1.6 million private placement to repay loan
Oct 10, 2024, 1:43 pm By Margaret JacksonMedical marijuana company IM Cannabis Corp. is planning a non-brokered private placement offering of up to $1.6 million through the sale of about 625,000 units.…Dutch medical marijuana producer Bedrocan returning to Canada
Oct 10, 2024, 12:45 pm By Margaret JacksonMedical marijuana producer Bedrocan International is returning to the Canadian market through the purchase of a facility in Scarborough, Ontario.…Florida cannabis businesses shut down, halt delivery as Hurricane Milton nears
Oct 9, 2024, 10:00 pm By Margaret JacksonFlorida cannabis businesses began shutting down this week in anticipation of Hurricane Milton, which was expected to make landfall late Wednesday on the state’s west coast.…Backers of Nebraska medical marijuana ballot initiative dispute fraud claims
Oct 9, 2024, 2:23 pm By Margaret JacksonSponsors of Nebraska’s medical marijuana ballot initiatives are disputing the secretary of state’s claims questioning the validity of nearly 100,000 signatures collected for two petitions.…
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