Most recent articles

Arizona crackdown on illegal THC sales to begin April 24, attorney general says
Sales of THC-infused products in Arizona anywhere but at licensed marijuana stores is illegal and enforcement will begin April 24, the state’s attorney general warned
Virginia governor vetoes another adult-use marijuana sales bill
Virginia Republican Gov. Glenn Youngkin – as expected – has once again rejected a bill that would allow sales of adult-use marijuana in the state.
Cannabis MSO Verano Holdings secures $12 million loan
Cannabis multistate operator Verano Holdings Corp. closed a $12 million “cross-collateralized” senior mortgage from Rainbow Realty Group and MJ Real Estate Investment Trust in which
Struggling marijuana MSO Schwazze defaults on restructured debt
Struggling Colorado-based marijuana multistate operator Schwazze defaulted on a restructured loan after it missed a $700,000 payment due March 3. Struggling marijuana MSO Schwazze defaults
What’s causing the decline in M&A activity in the cannabis industry?
What’s causing the decline in M&A activity in the cannabis industry? is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Oklahoma loses nearly 40% of licensed medical marijuana operators in 12 months
Over a 12-month period through July 2024, the number of medical marijuana operators in Oklahoma decreased by nearly 40%. Oklahoma loses nearly 40% of licensed
Cannabis operator Entourage gets shareholders’ approval to go private
Shareholders of Canadian cannabis company Entourage Health Corp. have approved the company’s plan to go private. Cannabis operator Entourage gets shareholders’ approval to go private
Connecticut marijuana regulator apologizes for ‘retaliation’ inspection
Connecticut’s chief marijuana regulator apologizes for cultivation inspection at Affinity Grow that apparently happened out of “retaliation.” Connecticut marijuana regulator apologizes for ‘retaliation’ inspection is
Hundreds of California cannabis brands, retailers seek business deals at trade show
Hundreds of California brands and retailers attended California’s flagship cannabis trade show last week, aiming to position themselves for sustained success in the one of

Week 10 Legislative Update: SB1105 for Medical Marijuana Dispensaries Location, Hits Governor Hobbs Desk
Week 10 of Arizona’s legislative session brings significant action from front runners. Two cannabis measures take center stage this week, with one already reaching the
Edible Arrangements’ parent company enters hemp-derived THC market
Edible Arrangements’ parent company enters hemp-derived THC market is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Marijuana MSO Planet 13 recovers $2.1M more from former bank alternative
Las Vegas-based marijuana multistate operator Planet 13 says it recovered another $2.1 million in cash plus real estate as part of a dispute with a
Poseidon invests $1 million in another New Jersey cannabis retailer
Poseidon Investment Management, a San Francisco-based cannabis hedge fund operator, has invested in another New Jersey retailer, its third financing deal in that market since
State bans, restrictions threaten hemp-derived THC market after Farm Bill boom
Years of nationwide growth appear to be over for the U.S. hemp-derived THC industry, which is threatened by state restrictions and bans. State bans, restrictions
HB2179 Hits Senate HHS, Marijuana Advertising Restrictions May Face Uncertain Future
HB2179, a bill aimed at restricting marijuana advertising, sailed through the House, but now seems to be facing challenges in the Senate. House Bill 2179
New York launches $5M grant program for cannabis social equity retailers
New York has established a $5 million grant program to support startup costs for adult-use cannabis social equity retail licensees in the state. New York
Marijuana pre-rolls in New Jersey contain yeast, mold and bacteria, study shows
Marijuana pre-rolls purchased in New Jersey by secret shoppers participating in a study have tested for high levels of yeast, mold and bacteria and were
Total ban on hemp-derived THC passes Texas Senate
A total ban on hemp-derived THC products championed by one of Texas’s most powerful politicians has passed the state Senate. Total ban on hemp-derived THC
Canadian cannabis companies look overseas as domestic market saturates
Canadian cannabis companies look overseas as domestic market saturates is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Cannabis vape maker Blinc Group files for bankruptcy
Cannabis vape manufacturer The Blinc Group cited $1 million in liabilities in its Chapter 7 bankruptcy filing in New York. Cannabis vape maker Blinc Group
How to take your marijuana brand global
How to take your marijuana brand global is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
North Carolina lawmaker introduces adult-use cannabis legalization bill
North Carolina lawmaker introduces adult-use cannabis legalization bill is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Michigan recreational marijuana prices plunge 30% from 2024
Recreational marijuana prices in Michigan dropped nearly 30% in February compared to a year ago, according to a monthly data report from the state’s Cannabis
New CEO aims to transform Safe Harbor from cannabis lending to fintech
Terry Mendez is implementing sweeping changes at Safe Harbor Financial to diversify its core business and improve its standing as a publicly traded company. New
Trulieve, Cresco lobbying Pennsylvania to legalize adult-use marijuana, report says
Major marijuana multistate operators are betting big on Pennsylvania to be the next state to legalize adult-use marijuana. Trulieve, Cresco lobbying Pennsylvania to legalize adult-use
Minnesota extends cannabis license application deadline after system outage
Minnesota’s cannabis regulatory agency extended the deadline for adult-use business license applications after the computer system shut down for maintenance. Minnesota extends cannabis license application
Will marijuana rescheduling happen under Trump? Industry’s doubts grow
President Donald Trump’s choices over his first 50 days in office, including appointments to lead the federal drug and health agencies, are sowing serious doubts that
Health Canada eases cannabis industry burden in regulations update
Health Canada has updated regulations governing the nation’s cannabis operators to address industry challenges while keeping intact public health and safety standards. Health Canada eases
Colorado regulators allowed hemp-derived THC into market, lawsuit says
Colorado’s regulated marijuana market is riddled with unsafe and illegal hemp-derived THC, a flow that regulators are unable or unwilling to stop, a state-licensed cannabis

The Legislative Gauntlet- Week 9 Update
The arena was set. The contenders were locked in. As the week began, only one cannabis measure stood on the brink of elimination—SB1713 Marijuana; Dual
Dear Congress: 280E isn’t a tax break for cannabis companies
Because 280E thwarts operational success, it greatly incentivizes people to perpetuate the illicit marijuana market. Dear Congress: 280E isn’t a tax break for cannabis companies
Wana Brands gets hemp-derived THC beverage line in Total Wine stores
Cannabis edibles maker Wana Brands has landed a deal in which its line of hemp-derived THC-infused beverages will be carried at Total Wine & More
Maryland’s high demand market undermined by restrictions, delays
Maryland has a high demand cannabis market, but resctrictions and delays are keeping operators from thriving. Maryland’s high demand market undermined by restrictions, delays is
California extends hemp-derived THC ban
California will extend a band on hemp-derived THC products that was initially enacted by Governor Gavin Newsom. California extends hemp-derived THC ban is a post
Kansas introduces bills to legalize adult-use and medical marijuana
Separate bills have been introduced in the Kansas legislature that would legalize medical and adult-use cannabis in one of the nation’s most restrictive states. Kansas
Delaware cannabis licensees push state to let them open for business
Delaware cannabis industry stakeholders frustrated over continuing delays in getting the state’s recreational industry up-and-running are protesting in an effort to get things moving. Delaware
Hundreds of Humboldt County marijuana farmers expected to lose licenses over tax debt
Hundreds of marijuana farmers in California’s Humboldt County are in jeopardy of losing their business licenses as a deadline looms to pay county cultivation taxes
Florida judge dismisses Trulieve’s legalization defamation lawsuit
A Florida judge dismissed a lawsuit filed by Trulieve Cannabis against the state Republican Party during the company’s failed push to legalize adult-use marijuana in
Idaho bill would eliminate voter approval for marijuana legalization
A House bill had advanced in Idaho that would give the state legislature the sole authority to legalize and regulate marijuana. Idaho bill would eliminate
Cannabis store owner owes $930,000 in back taxes, indictment alleges
A Washington, D.C., marijuana dispensary owner faces 19 charges of failing to pay about $930,000 in federal income and employment taxes for her business Herbal
