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  • MJBizDaily is on limited publishing schedule for holidays

    MJBizDaily is on limited publishing schedule for holidays

        ​ MJBizDaily is on a limited publishing schedule during the holiday season. Full coverage of the cannabis industry will resume Jan. 2. MJBizDaily is on limited publishing schedule for holidays is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs   ​All U.S., Briefs, Canada, MJBizDaily MJBizDaily is on a limited publishing…

  • Canadian cannabis insolvencies persist in 2023 amid industry woes

    Canadian cannabis insolvencies persist in 2023 amid industry woes

        ​ Financially distressed cannabis companies continued to seek refuge in Canadian insolvency law in 2023, although such insolvency filings under one statute declined from 2022. Canadian cannabis insolvencies persist in 2023 amid industry woes is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs   ​Canada, Cultivation, Finance, International, Legal, Oregon,…

  • Arizona marijuana sales exceed $1 billion in first nine months of 2023

    Arizona marijuana sales exceed $1 billion in first nine months of 2023

        ​ Marijuana sales in Arizona surpassed the $1 billion mark for 2023 in September, despite some month-over-month sales declines earlier this year. Arizona marijuana sales exceed $1 billion in first nine months of 2023 is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs   ​All U.S., Arizona, Briefs, Cultivation, Manufacturing,…

  • Cannabis producer Canopy sells skin care unit to Inspirit Capital for CA$15.9M 

    Cannabis producer Canopy sells skin care unit to Inspirit Capital for CA$15.9M 

        ​ Cannabis producer Canopy Growth has completed the sale of its This Works skin care and wellness unit to United Kingdom-based Inspirit Capital for 9.3 million pounds (15.9 million Canadian dollars). Cannabis producer Canopy sells skin care unit to Inspirit Capital for CA$15.9M  is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for…

  • Stiiizy president denies allegations of illicit marijuana operations, sales

    Stiiizy president denies allegations of illicit marijuana operations, sales

        ​ Stiiizy, one of the top-selling marijuana brands in California with operations in several other states, told MJBizDaily it has no connection to illegal business practices detailed in a lawsuit and a published report that prompted some operators to cut business ties with the company. Stiiizy president denies allegations of illicit marijuana operations, sales…

  • Cannabis producer Organigram reports CA$248 million loss, massive excise bill

    Cannabis producer Organigram reports CA$248 million loss, massive excise bill

        ​ Canadian cannabis producer Organigram reported a loss of 248.6 million Canadian dollars ($185 million) in the 2023 fiscal year, postponed its free cash flow guidance and appointed a permanent chief financial officer. Cannabis producer Organigram reports CA$248 million loss, massive excise bill is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis…

  • New York officials close illicit marijuana operation ahead of legal openings

    New York officials close illicit marijuana operation ahead of legal openings

        ​ The day before the grand opening of the first legal adult-use store in Brooklyn, New York state officials celebrated what they vow will be the final shutdown of a longstanding illicit marijuana operation in the borough. New York officials close illicit marijuana operation ahead of legal openings is a post from: MJBizDaily: Financial,…

  • Cannabis retail employees join UFCW in Missouri, New Jersey

    Cannabis retail employees join UFCW in Missouri, New Jersey

        ​ More cannabis dispensary employees have voted to join the United Food and Commercial Workers (UFCW) labor union, this time in Columbia, Missouri, and Freehold, New Jersey. Cannabis retail employees join UFCW in Missouri, New Jersey is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs   ​All U.S., Briefs, Labor,…

  • Another major marijuana brand exits Colorado market

    Another major marijuana brand exits Colorado market

        ​ Coda Signature, an early entrant in Colorado’s regulated marijuana market, is the latest brand to cut business operations in the state. Another major marijuana brand exits Colorado market is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs   ​All U.S., Briefs, Colorado, Manufacturing, News by State, Recreational, Retail, coda…

  • State cannabis regulators still one step behind questionable THC lab data

    State cannabis regulators still one step behind questionable THC lab data

        ​ Despite widespread acknowledgement from cannabis industry observers that commercial testing laboratories across the country routinely inflate THC potency results, consequences are rare, according to a review of recent state regulatory actions. State cannabis regulators still one step behind questionable THC lab data is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for…

  • Marijuana cultivator, retail franchiser Item 9 Labs seeks sale of business

    Marijuana cultivator, retail franchiser Item 9 Labs seeks sale of business

        ​ Item 9 Labs Corp., the parent company of marijuana retail franchise business Unity Rd. and Arizona cultivator Item 9 Labs, has retained Sharp Capital Advisors to help sell its business. Marijuana cultivator, retail franchiser Item 9 Labs seeks sale of business is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis…

  • Cannabis MSO MedMen is exiting Arizona and Nevada

    Cannabis MSO MedMen is exiting Arizona and Nevada

        ​ Marijuana multistate operator MedMen Enterprises is exiting Arizona and Nevada by selling its assets in those states to privately held MSO Mint Cannabis. Cannabis MSO MedMen is exiting Arizona and Nevada is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs   ​All U.S., Arizona, Briefs, California, Finance, Medical &…

  • New PA law could increase medical marijuana dispensary permits by 20%

    New PA law could increase medical marijuana dispensary permits by 20%

        ​ Up to 30 new medical marijuana dispensaries could open in Pennsylvania under a bill signed into law by the state’s Democratic governor, a potential expansion of 20%. New PA law could increase medical marijuana dispensary permits by 20% is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs   ​All…

  • Cannabis pop-up stores coming to Alberta trade shows, festivals

    Cannabis pop-up stores coming to Alberta trade shows, festivals

        ​ The Canadian province of Alberta is revamping its regulations to allow cannabis retailers to operate temporary stores at age-gated events such as trade shows and festivals starting next year. Cannabis pop-up stores coming to Alberta trade shows, festivals is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs   ​Canada,…

  • Delinquent payments hurting marijuana operators nationwide, survey shows

    Delinquent payments hurting marijuana operators nationwide, survey shows

        ​ Delinquent payments are causing a cascade of problems for small and large cannabis operators nationwide, according to a new report by Oregon-based cannabis data and research company Whitney Economics. Delinquent payments hurting marijuana operators nationwide, survey shows is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs   ​All U.S.,…

  • Maryland adult-use cannabis sales hit $56M in November; DC sales dwindle

    Maryland adult-use cannabis sales hit $56M in November; DC sales dwindle

        ​ Adult-use cannabis sales in Maryland grew to nearly $56 million in November, a 1.5% increase over October. Maryland adult-use cannabis sales hit $56M in November; DC sales dwindle is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs   ​All U.S., Briefs, Finance, Maryland, Medical & Recreational, Recreational, Retail, Washington…

  • Rhode Island marijuana sales top $100M in Year One of recreational retail

    Rhode Island marijuana sales top $100M in Year One of recreational retail

        ​ Combined adult-use and medical marijuana sales in Rhode Island totaled $105 million in the year since recreational retail sales launched in December 2022. Rhode Island marijuana sales top $100M in Year One of recreational retail is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs   ​All U.S., Briefs, Medical…

  • Canadian recreational cannabis sales rise in October to CA$448.6 million

    Canadian recreational cannabis sales rise in October to CA$448.6 million

        ​ Canadian sales of recreational cannabis rose to 448.6 million Canadian dollars in October ($336 million), marking a small increase from the previous month and a 15% increase over the same period last year. Canadian recreational cannabis sales rise in October to CA$448.6 million is a post from: MJBizDaily: Financial, Legal & Cannabusiness news…

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