MJBizDaily Newsletter

Get our daily email

Sponsored Content
More Exclusive Features

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More