Hawaii medical cannabis sales poised for lift as edibles bill passes
Hawaii lawmakers passed a bill allowing medical marijuana edibles, a move that could significantly boost the roughly $16 million-$20 million-a-year market. The […]
Category: United States Cannabis Industry & Marijuana Business News
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 […]
Struggling marijuana firm iAnthus plans restructuring deal, recapitalization
Multistate cannabis grower and retailer iAnthus Capital Holdings announced a restructuring support deal with a recapitalization component, giving the company an opportunity […]
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 […]
Multiple states continue to post record-breaking cannabis sales numbers
Colorado, Illinois and Oregon have all maintained record-breaking sales numbers in recent months despite the coronavirus and the recession. In Colorado, marijuana […]
NACB drawing up marijuana social equity advice for state regulators
One of the cannabis industry’s only self-regulatory standards organizations is creating social equity recommendations for state rulemakers. The goal of the National […]
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 […]
High Times marijuana stock offering delayed until audited financials are filed
High Times Holding, owner of the iconic High Times magazine, said Friday it can’t close on its small-investor Regulation A initial public […]