Fast-growing Michigan recreational market faces tight supply, few municipal opt-ins
Michigan’s 7-month-old recreational marijuana market is growing quickly, with sales up from nearly $7 million in the first month of sales last […]
Category: Featured Marijuana Business & Cannabis Industry News
Canopy Growth targets new market with cannabis beverage strategy
Canopy Growth’s emerging cannabis drinks are part of a strategy to attract new cannabis consumers with next-generation products, in this case by […]
Contract cannabis farming gaining popularity in California, but practice draws lawsuits
To get around the enormous barriers to entry for California’s legal marijuana industry, a growing number of small farmers are increasingly turning […]
Chart: Retail cannabis sales surpass NBA revenue, approach prescription pain meds
With revenue of $10.6 billion-$13 billion in 2019, sales of legal adult-use and medical marijuana in the United States topped spending on […]
Here are seven ways marijuana businesses can survive an IRS audit
Cannabis companies should expect an uptick in IRS audits. A recent report by the Treasury Inspector General for Tax Administration puts a […]
First product registrations in Peru signal potential revenue-generating opportunities
New product registration underscores the limited but increasing Latin American intraregional medical cannabis trade, independent from North American cannabis production. First product […]
Black cannabis business executives suggest solutions to address racism and create a more inclusive industry
Marijuana Business Daily asked several Black cannabis business owners and executives for their thoughts on how companies and other executives could help […]
‘Taxation but no representation’: US cannabis industry’s double standard
The coronavirus outbreak brought to the forefront a double standard the marijuana industry has faced for years. Now cannabis businesses are fighting […]
Week in Review: L.A. doubles cannabis retail licenses, another Schwazze deal dead, Biden talks MJ rescheduling & more
The Los Angeles City Council doubled the number of social equity retail marijuana licenses from 100 to 200 in response to a courtroom […]
Israel passes Germany as world’s largest importer of medical cannabis flower
Israel overtook Germany as the No. 1 importer of medical cannabis flower in the world so far this year, according to data […]