Cannabis has the potential to be more than flower; topicals, cartridges, and edibles have taken the market by storm. With the choice to transform the cannabis plant into formulated products comes the decision of what solvent and process to use, so Thar Process has created this guide to help cannabis companies compare these processes and determine which is the best fit for them and their crop.
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Cannabis retailer Harborside appeals 280E tax ruling, but will it prove fruitful?
Oakland, California-based marijuana retailer Harborside is returning to court again to argue that Section 280E of the federal tax code is unconstitutional – and this time, the company is employing a new legal team and a slightly different approach.
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Chart: Florida’s medical cannabis market booms despite pandemic, US economic woes
Despite the ongoing coronavirus crisis, Florida’s medical marijuana industry continues to surge, with sales remaining well above pre-pandemic levels. Demand for medical marijuana is at an all-time high, providing yet another example of the durability of cannabis demand in times of economic distress. Over the first 10 weeks of 2020, dispensaries in Florida sold an […]
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Burglars, vandals hit cannabis businesses during protests, likely causing tens of thousands of dollars in losses
Weekend protests over the death of George Floyd in Minnesota came with a cost for marijuana retailers in various states, where a number of MJ shops were vandalized or burglarized by looters. Several business owners told Marijuana Business Daily they believe the damage was done by professional criminals rather than the protesters themselves. According to […]
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Why some marijuana MSOs are prospering during tough times
A number of multistate marijuana operators are struggling, unloading assets, cutting jobs and overhead costs as well as scrapping expansion plans amid a looming recession and a shortage of investor funding. But other MSOs are doing well financially: Cresco Labs, Curaleaf, Green Thumb Industries and Trulieve, among others. What makes a successful MSO these days […]
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Here’s an in-depth look at how marijuana businesses reacted to COVID-19
When the COVID-19 outbreak ravaged the global economy, the cannabis sector was still licking its wounds from 2019’s vaping crisis.
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Week in Review: UN to vote on WHO cannabis plan, MA adult-use sales resume, California localities welcome marijuana & more
A document prepared by the chair of the United Nations Commission on Narcotic Drugs (CND) lays out a course to keep on track for December’s key vote on the World Health Organization’s cannabis scheduling recommendations. MJBizDaily takeaway: This is a welcome development for industry stakeholders worried about a delay arising from the coronavirus crisis. The vote […]
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Missouri medical cannabis program moves forward amid wide-ranging probe into possible misconduct
Scrutiny of Missouri’s medical cannabis licensing recently escalated to Gov. Mike Parson’s office and a close adviser, apparently making the investigation among the first MMJ licensing probes to extend to the highest levels of state government.
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More California towns, counties appear ready to put out welcome mat for marijuana businesses
California’s legal marijuana industry has been limited by local bans in roughly two-thirds of the state, but that situation might be starting to change.
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The pandemic pivot and how cannabis companies reacted to COVID-19.