MJBizDaily
Cannabis MSO Vireo bets on acquisitions to reach $100 million per market
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New York governor signs cannabis labor bill, moves to scrap wage board
Gov. Kathy Hochul said a cannabis wage board could raise costs and drive consumers to the illicit market. Changes also end the labor peace mandate.
News October 29
State hemp THC bans are already boosting marijuana MSO revenue
Ohio cannabis sales are up 25% since a state ban on hemp THC products sold outside of licensed marijuana retailers took effect, and marijuana MSOs are benefiting.
News October 29
New York cannabis sales top $1.4 billion through Q3
The third-quarter figure accounts for about 34% of the $4.1 billion in cumulative sales since the market launched in December 2022.
News October 28
From Compliance to Competitive Advantage: How AI Is Transforming Cannabis Operations
Cannabis businesses already collect enormous amounts of data. Learn how AI is helping operators turn that information into faster decisions, stronger inventory management, improved compliance visibility, and greater profitability.
October 26
Federal hemp THC rescue possible after midterm elections – but with new rules
A rescue plan for hemp cannabinoid products is likely to emerge after the midterm elections, according to Capitol Hill players, but not every product currently on the market will make…
News October 28
Rhode Island hemp firms can quarantine inventory ahead of federal THC ban
Rhode Island hemp businesses can quarantine intoxicating inventory rather than destroy it, keeping options open if federal rules change.
News October 27
Nevada latest mature cannabis market to consider tax increase
Diminishing cannabis tax revenue in Nevada is leading lawmakers to ponder tweaks in the cannabis tax, including an increase to the excise tax charged at the point of sale.
News October 27
California social equity cannabis licenses top nonequity active rates
A review of 1,653 California retail licenses finds 81% of social equity holders are active versus 76% for nonequity licenses.
News October 26
Marijuana MSO sues Ohio town, claiming local fees were ‘extortion’
Pierce Township's attempt to collect 4.5% of cannabis retailers' annual gross as a condition of being allowed to operate amounts to illegal "extortion," Vext Science claims in a lawsuit.
News October 26
Texas hemp groups sue over rule counting THCA as delta-9 THC
A hemp group and manufacturer oppose rules that count THCA against the legal THC limit and add tougher testing, labeling and fee mandates.
News October 23
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