A 2019 licensing agreement between Cookies and its social-equity partner on a San Francisco marijuana store valued the operation at $10 million. Cookies owes $8.4

Sales of recreational cannabis in Ohio are double that of medical marijuana just 11 months after the state launched its adult-use market. Ohio adult-use marijuana

Three states are raising cannabis taxes this year in response to budget deficits, with more predicted shortfalls looming in 2026 as consumer spending stalls and

Most marijuana products in Colorado are mislabeled, with actual THC potency “significantly lower” than the verified lab results, according to the largest study yet of

Auxly Cannabis Group has closed on two transactions intended to reduce the Canadian operator’s debt and strengthen its financial position. Auxly Cannabis reaches ‘turning point’

While overall medical marijuana sales in Washington, D.C., have nearly doubled since January, dispensaries that converted from “gifting” shops are facing significant struggles. District of

A Massachusetts cannabis testing laboratory that lost its license after allegedly failing to report contaminated product is going to the courts to recover its permit.

A group of medical marijuana companies in Kentucky have filed a lawsuit claiming the rollout of the state’s MMJ program is unconstitutional. Kentucky medical marijuana

As legalization spreads and culinary creativity blossoms, chefs, home cooks and food enthusiasts are discovering the potential of marijuana as a sophisticated ingredient. From strain

MJBizDaily is closed Friday in observance of the Fourth of July holiday. MJBizDaily is celebrating Independence Day is a post from: MJBizDaily: Financial, Legal &

Hawaii’s sagging medical marijuana market is set to expand after the governor signed a bill into law that allows for more qualified patients and for dispensaries

Massachusetts could have regulations for cannabis social consumption lounges in place by October. Massachusetts on track to set cannabis consumption lounge regulations this fall is

Nearly five years after New Jersey voters signaled their desire for a robust marijuana marketplace, the state’s cannabis ecosystem remains underdeveloped and underperforming. Despite New

Colorado has permanently banned the former operator of a company that allegedly sold potent cannabis products as federally compliant hemp. Colorado permanently bans hemp-derived THC

Missouri regulators have awarded New York-based Cannabis Public Policy Consulting a $238,700 contract to study the state’s marijuana market. New York consulting firm to evaluate

In a first for the Massachusetts cannabis market, state regulators have suspended the business license for a commercial testing laboratory. Massachusetts revokes first cannabis testing

Marijuana multistate operator TerrAscend Corp. is pulling out of the Michigan market after completing a review of its business operations in the state. Marijuana MSO

Delaware will launch recreational cannabis sales on Aug. 1, state officials announced Tuesday, making the state the 22nd market with regulated adult use. Delaware to

With many consumers demanding high-potency cannabis, a debate is swirling over whether states where marijuana is regulated should implement caps on THC content in flower,

New York regulators have expanded a marijuana product recall after alleging that the operator in question illegally “inverted” cannabis into the regulated system. New York

Two board members of 4Front Ventures Corp. have resigned as the marijuana company wrestles with receivership and bankruptcy proceedings. 2 board members, including Kris Krane,

As cannabis businesses strive to establish brand loyalty, they’re learning that consumer purchasing habits don’t always align with stated preferences. Independent cannabis operators versus MSOs?

Maine’s adult-use marijuana tax will increase from 10% to 14% starting Jan. 1 under the $11.3 billion state budget Gov. Janet Mills signed into law

A Nebraska judge has dismissed a lawsuit alleging the state’s medical cannabis program is unconstitutional because marijuana remains federally illegal. Judge tosses lawsuit against Nebraska’s

How private credit built – and will continue to sustain – the cannabis industry is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for

WM Technology co-founders Douglas Francis and Justin Hartfield are backing out of a deal to purchase the company’s outstanding common stock. Principals of cannabis ad

Instead of marijuana rescheduling, the likeliest federal policy reform in 2025 will be marijuana banking protections. But Congress needs to pass the Big Beautiful Bill

Faint hopes for California cannabis industry excise tax relief evaporated Wednesday when lawmakers failed to squeeze a freeze on the levy into a state budget

It appears unlikely that Ohio lawmakers will make changes to the state’s recreational marijuana law before their summer break. Ohio lawmakers unlikely to change recreational

Most hemp-derived THC products in Arkansas are illegal and state officials may enforce a 2023 ban, according to a ruling from the U.S. 8th Circuit

Texas’ changes in hemp and medical marijuana policy lay the foundation for significant advances for both industries – in business and politics. Texas delivers potential

A Republican budget proposal in the U.S. House of Representatives that would ban hemp-derived THC under federal law passed a committee vote but is still

With Arkansas’ medical marijuana sales exceeding $121 million through May, the state is on track to break its annual record set in 2023. Arkansas nears

Despite a 4.5% increase in revenue that reached $30.1 billion in 2024, the regulated marijuana industry experienced a 3.4% decline in employment, shedding 15,000 jobs

The hemp-derived THC industry in Texas is breathing a $5.5 billion sigh of relief after Gov. Greg Abbott vetoed a bill that would have outlawed

Jones Soda Co. sold its hemp-derived THC beverage business to MJ Reg Disrupters for $3 million. Jones Soda sells hemp-derived THC beverage business for $3

Ayr Wellness’s struggles with debt and losses are known, but Connecticut is also proving a tough market for all cannabis operators. Ayr dismisses talk of