MJBizDaily closed in observance of Indigenous Peoples Day
2:01am By Kevin HuhnMJBizDaily is closed Monday in observance of Indigenous Peoples Day. We will resume our usual publishing schedule on Tuesday.…Massachusetts fines marijuana MSOs Ascend, Curaleaf a combined $165,000
Fri 3:32pm 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
Fri 1:48pm 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
Fri 12:42pm 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
Fri 11:57am 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
Fri 6:30am 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
Thu 3:24pm 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
Thu 1:43pm 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
Thu 12:45pm 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
Wed 10:00pm 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
Wed 2:23pm 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.…California cannabis brand West Coast Cure voluntarily recalls several products
Wed 12:29pm By Chris CasacchiaWest Coast Cure, one of the largest California cannabis brands engulfed in a monthslong pesticide scandal, has voluntarily recalled at least 20 products that contain impurities.…40 Tons to share MJBizCon space with other justice-impacted marijuana brands
Wed 10:19am By Kate Lavin40 Tons is sharing its space on the MJBizCon 2024 show floor with 15 other marijuana companies founded by justice-impacted individuals.…Commercial landlords soften stance on renting to cannabis businesses
Wed 6:30am By Margaret JacksonCannabis companies that once struggled to find space to conduct cultivation, manufacturing and retail operations are benefiting from a tumultuous commercial real estate market that’s prompting landlords to reconsider leasing to marijuana-related businesses.…Arkansas marijuana initiative has 91,000 verified signatures, elections chief says
Tue 3:48pm By Chris CasacchiaA voter initiative that would significantly expand Arkansas’ medical marijuana program has attracted enough signatures to qualify for the November ballot, according to the state's top election official.…Delaware inundated with adult-use cannabis business license applications
Tue 2:18pm By Margaret JacksonDelaware received more than 1,260 applications for adult-use cannabis business licenses, including 800 for 30 retail operations.…Marijuana businesses seek alternatives to debt financing in slow capital market
Tue 6:30am By Margaret JacksonCannect Wellness raised $7 million in its second equity funding round; capital raises have been slow due to the expense of debt financing.…Eaze winding down cannabis delivery operations as new owners ponder future
Oct 7, 2024, 3:10 pm By Chris CasacchiaThe former CEO of California’s largest marijuana delivery service, Eaze Technologies, said its parent company is winding down operations and new ownership will determine if the service continues.…Marijuana operator TerrAscend withdraws $26 million from senior secured loan
Oct 7, 2024, 2:23 pm By Margaret JacksonTerrAscend Corp., a Canadian-headquartered marijuana multistate operator with U.S. assets, said it withdrew $26 million from its $140 million loan to pay off higher-interest debt it holds in Michigan.…Basketball great Carmelo Anthony enters new arena with cannabis brand, mission
Oct 7, 2024, 6:30 am By Chris CasacchiaCarmelo Anthony's 19-year NBA career included 10 All-Star nods and three Olympic gold medals. Today, he’s building a new legacy in the cannabis industry.…Ohio recreational marijuana sales near $90 million in 7 weeks
Oct 4, 2024, 5:14 pm By Omar SacirbeyBarely seven weeks since the launch of Ohio’s recreational marijuana market, sales have reached almost $90 million.…Report details upside of New York’s adult-use cannabis market
Oct 4, 2024, 2:48 pm By Chris CasacchiaNew York regulators have issued a wide-ranging report on the state’s cannabis industry, which is finally showing signs of growth nearly two years after the launch of adult-use sales.…What legalized psilocybin might look like in New Jersey
Oct 4, 2024, 11:20 am By Kate LavinNew Jersey lawmakers are hoping to succeed with psychedelics policy reform in ways their counterparts in California and Connecticut have not - at least not so far.…Fed rate cut could be a game changer as cannabis industry debt maturity looms
Oct 4, 2024, 6:30 am By Kate LavinCannabis investments have been buoyed by the Federal Reserve's interest rate cut, but benefits to marijuana operators are more nuanced.…Arkansas high court breathes life into medical marijuana ballot initiative
Oct 3, 2024, 4:04 pm By Omar SacirbeyA ballot initiative that would significantly expand Arkansas’ medical marijuana program is still alive after the state's Supreme Court ordered a key government official to resume counting roughly 18,000 signatures that he allegedly declined to count.…14 licenses for cannabis social clubs granted in 4 German federal states
Oct 3, 2024, 2:54 pm By Kevin HuhnThe number of applications and licenses granted for cannabis cultivation social clubs in Germany continued to grow throughout September, but growth has slowed month-over-month.…Trulieve suit alleges deceptive advertising in adult-use marijuana opposition
Oct 3, 2024, 2:25 pm By Chris CasacchiaTrulieve Cannabis Corp., Florida’s largest medical marijuana retail chain, has filed a defamation lawsuit against the state’s Republican Party and two TV stations for running “deceptive campaigns” aimed to mislead voters on a November ballot initiative…Green Thumb cannabis workers in New Jersey seek right to exit union
Oct 3, 2024, 1:15 pm By Margaret JacksonEmployees of cannabis multistate operator Green Thumb Industries want to vote on whether they can remove United Food and Commercial Workers (UFCW) Local 360 as their union representative.…Michigan marijuana sales boom fueled by low flower prices
Oct 3, 2024, 6:30 am By Margaret JacksonMarijuana flower prices have nosedived in Michigan since the start of adult-use sales, and many attribute the dip to a glut of cultivation licenses.…Congressman introduces bill that would increase THC percentage in hemp
Oct 2, 2024, 4:24 pm By Chris CasacchiaU.S. Sen. Rand Paul, a Kentucky Republican, has introduced a bill in Congress that would raise the THC level on hemp products and lightly regulate them nationally.…
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