Arizona adult-use marijuana initiative clears final legal hurdle
The Arizona Supreme Court on Thursday ruled that a voter initiative that would legalize a commercial recreational marijuana program in the state […]
Category: United States Cannabis Industry & Marijuana Business News
Cannabis MSO Green Thumb seeks to raise $150M through stock sale
Chicago-based marijuana multistate operator Green Thumb Industries wants to raise about $150 million through the sale of 10 million shares of stock, […]
Week in Review: Adult-use MJ sales still strong, fires burning California cannabis, Canada’s import policies scrutinized & more
Recreational marijuana sales in key markets remained solid two weeks after enhanced federal jobless benefits expired. MJBizDaily takeaway: That’s good news for […]
California wildfires claim several marijuana farms, threatening growers with financial losses
The series of wildfires ravaging Northern California have inflicted major damage on several marijuana farms, with possibly more outdoor grow operations threatened […]
Maryland relaxes costly, duplicative marijuana security requirements
Maryland’s marijuana regulators are easing some costly and burdensome security requirements while also requiring medical cannabis businesses to keep video surveillance footage […]
Cannabis firm TerrAscend posts loss; net sales to grow to CA$192M for 2020
U.S. and Canadian cannabis operator TerrAscend Corp. has posted a net loss of more than 13.6 million Canadian dollars ($10.3 million) for […]
How Columbia Care’s Nicholas Vita built his marijuana business
The marijuana industry is unlike any other, and it’s home to executives who have overcome federal prohibition, social stigma, draconian regulations and […]
Second lawsuit targets OK residency requirement for cannabis businesses
A marijuana company based in Washington state filed a federal lawsuit against Oklahoma in an attempt to overturn the state’s two-year residency […]
Court refuses to reject suit challenging marijuana’s listing as Schedule 1 drug
A lawsuit challenging marijuana’s federal classification as a Schedule 1 drug under the Controlled Substances Act remains alive after a federal appeals […]
Florida medical cannabis company told to recall moldy flower
Medical marijuana company Alpha Foliage, which does business in Florida as Surterra Wellness, was ordered to recall flower that contained high levels […]