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Marijuana Business Daily
11.05.2024
Some Minnesota home growers are suing the state in a bid to be able to sell their marijuana without a license.
Pennsylvania's Standard Farms, a subsidiary of Arizona-based cannabis multistate operator Tilt Holdings, secured a $10.5 million loan.
How Jeffrey Simien evolved from an 11-year-old Haitian emigrant to a successful cannabis entrepreneur at 38 in his Boston neighborhood.
The Massachusetts Cannabis Control Commission has launched a nationwide search for a new executive director to oversee the marijuana program.
New Hampshire lawmakers approved a proposal more in line with what Republican Gov. Chris Sununu has said he’ll support, but passage is iffy.
10.05.2024
NewLake Capital Partners is investing $16 million to acquire and retrofit a Connecticut industrial property to be leased to C3 industries.
New Wana Brands President Joe Hodas discusses his top priorities, lessons learned under Nancy Whiteman and a potential return to California.
South Dakota cannabis advocates submitted roughly 29,000 signatures to get an adult-use marijuana referendum on the state’s November ballot.
Colorado cannabis stores will be allowed to sell food and beverages under a bill approved by state lawmakers.
The Ontario Cannabis Store will allow farmgate stores to stock exclusive marijuana products that aren't available at other retailers.
09.05.2024
Authorities in New York City have launched what they promise will be a citywide crackdown on rampant illicit cannabis sales.
Brokers handling the asset sale of cash-strapped marijuana brand and publication High Times are nearing a deal for its West Hollywood store.
Thailand Prime Minister Srettha Thavisin is calling on the health ministry to reclassify recreational cannabis as an illegal substance.
Budtenders at two marijuana stores operated in Los Angeles by The Cannabist Co. have voted to join the Teamsters Local 630 labor union.
08.05.2024
Wholesale cannabis prices are still declining in some state markets but have performed better than expected overall over the past year.
Canopy USA exercised its options to acquire California-based Jetty Extracts and Colorado-headquartered Wana Brands,
The Republican Party of Florida's executive board voted to oppose the state's ballot initiative to legalize adult-use cannabis.
07.05.2024
Delaware is proposing adult-use marijuana regulations involving retail, cultivation, marketing, processing and testing protocols.
Municipal governments in Missouri may stack additional taxes on adult-use cannabis sales on top of the 6% state tax, a judge ruled.
Illinois has issued 35 more conditional adult-use retail licenses to social equity applicants who were among 55 chosen in a state lottery.
Canadian medical cannabis exports hit a record high of roughly CA$218 million last year as operators continue to move from the local market.
04.05.2024
The Arkansas Alcoholic Beverage Control Division has revoked a medical cannabis dispensary license for the first time.
Caught up in the next big announcement, the cannabis industry has overlooked impressive work operators did in 2023 to improve performance and efficiency.
U.S. Border Patrol agents seized more than $90,000 worth of marijuana products from state-licensed operators in New Mexico this week
Maine is ushering in new marijuana regulations that will make shopping at cannabis retailers more akin to liquor stores.
Teamsters Local 777 has unionized employees at another Sunnyside marijuana store in Illinois, this time at River North in Chicago.
Canadian cannabis producer Canopy Growth raised gross proceeds of roughly $50 million from an institutional investor.
03.05.2024
Canadian adult-use cannabis retailer High Tide has appointed Mayank Mahajan as the company's new chief financial officer.
An applicant seeking a marijuana cultivation and processor license in New York is suing regulators over alleged "priority" status.
The number of active U.S. cannabis business licenses fell 6% during the first quarter of 2024, according to CRB Monitor, a cannabis intelligence firm.
Connecticut's House of Representatives voted in favor of a bill that would restrict and regulate hemp products in the state.
02.05.2024
Two social equity marijuana applicants in Missouri - Frankenstein Enemy and Seashore Rhythm - are appealing the revocation of their licenses.
Cookies plans to acquire "all operational cannabis assets related to the production and sale of Cookies-branded cannabis products" in Florida.
Florida Gov. Ron DeSantis indicated he will take a pronounced role in defeating a November ballot measure to legalize recreational marijuana.
Georgia Gov. Brian Kemp signed off on a bill aimed at regulating hemp-derived products and growing the state's hemp industry.
Democratic leaders on the U.S. Senate Agricultural Committee seek to define industrial hemp in the upcoming U.S. Farm Bill.
01.05.2024
The U.S. Drug Enforcement Administration is loosening federal restrictions on marijuana and concurring that the drug has medical value.a
Schwazze has settled a lawsuit in New Mexico with cannabis budtenders who claimed wage theft and is facing a similar case in Colorado.
Creditors of cannabis operator MedMen will meet in a few weeks as investors seek repayment for hundreds of millions in outstanding debt.
Cannabis stocks surged Tuesday on the news that the U.S. Drug Enforcement Administration intends to reclassify marijuana to Schedule 3.