Maine’s coronavirus-delayed recreational marijuana sales will start only when regulators are certain that enough stores will be open to meet demand, a state official said. Erik Gundersen, director of the Maine Office of Marijuana Policy, told Maine Public Radio that...
Florida medical marijuana juggernaut Trulieve has defied expert predictions, increasing its market share back above 50% a year after the state lifted its ban on smokable products and more competition flooded the market.
A director has been hired to oversee the licensing and launch of Georgia’s limited medical marijuana program, but the market’s rollout remains uncertain.
A Montana group, rebuffed in its effort to collect digital signatures for a recreational marijuana legalization campaign, said Thursday it will begin collecting signatures in person while following strict public health protocols. New Approach Montana plans to start...
The Florida Supreme Court heard arguments via teleconference Wednesday on two issues that could significantly alter the state's marijuana industry. One case is a longstanding issue of whether the vertically integrated structure of the Florida's medical marijuana...
High Times Holding Corp. has again turned over CEOs at a time when the iconic cannabis magazine publisher is trying to pivot into retail and is struggling to get an initial public stock offering off the ground.
Los Angeles-based MedMen Enterprises temporarily closed five of its eight Florida medical marijuana dispensaries on May 3, according to the company's website. AÂ spokesperson for the multistate marijuana operator didn't offer much clarity on the closures, which...
Recreational cannabis sales in Illinois totaled $37.3 million in April as the state continued to experience strong activity even amid the first full month of a coronavirus-fueled, shelter-in-place order. April sales marked the second-highest...
Multistate marijuana operator 4Front Ventures said it netted $18 million from the sale of its stake in cannabis retail licenses in Maryland and Pennsylvania and raised an additional $4 million through a private placement of convertible debt.
The COVID-19 crisis has accelerated unionization efforts at a handful of cannabis stores and dispensaries in Illinois and Massachusetts that, if successful, could result in thousands of dollars in added staffing costs for the multistate operators that own the establishments.
New York-based multistate marijuana operator iAnthus' CEO Hadley Ford stepped down after the company's internal investigation found he should have disclosed personal loans that constituted a "potential or apparent" conflict of interest. MJBizDaily takeaway:Â The...
A 2018 U.S. Department of Justice opinion released as part of a court settlement explains why the Drug Enforcement Administration has delayed acting on marijuana research applications and is now revising its rules. The Justice Department legal memo concluded that the...
