A recent Florida Supreme Court decision plays into the hands of established medical marijuana multistate operators in the state, although it also could spur additional licenses, investment by others and acquisition activity. What remains to be seen is to what extent...
Santa Barbara County in California filed the jurisdiction's first nuisance lawsuit against a cannabis company after receiving eight complaints from neighbors about odors from the growing operation. The lawsuit claims that Island View Ranch and Island Breeze Farms...
The Connecticut House of Representatives postponed a vote on legalizing recreational marijuana and instead will consider the issue in a special session before the end of the month, a top lawmaker said. The announcement by House Speaker Matt Ritter came as the...
Minneapolis-based multistate marijuana operator Vireo Health made two strategic moves Tuesday, announcing a name change to Goodness Growth Holdings and an expansion into psychedelics.
The Connecticut Senate, by a close 19-17 margin, passed a bill early Tuesday that would legalize recreational marijuana, with sales expected to begin in spring 2022.
Austin-based Texas Original Compassionate Cultivation secured $21 million in funding to boost medical marijuana production and delivery.
Key Connecticut lawmakers reached an agreement on a measure to legalize an adult-use market that MJBizDaily projects potentially could reach $725 million a year.
Adult-use marijuana programs are generating billions of dollars in tax revenues for state governments each year – bolstering the economic and equity case for legalization in other markets across the country as well as at the federal level.
Mississippi’s state Senate held a public hearing on potential medical cannabis legalization Thursday, less than a month after the state’s highest court voided a voter-approved initiative. The tenor of the discussion, however, indicated that lawmakers aren’t close to...
Louisiana’s $25 million medical marijuana market is expected to get a huge lift in sales next year after the Legislature passed a measure that will allow smokable flower beginning Jan. 1, 2022.
U.S. cannabis industry and federal lawmakers take notice: The nation’s second-largest company is embracing nationwide marijuana legalization. Online retail giant Amazon on Wednesday endorsed the U.S. House of Representatives’ federal marijuana reform bill and said it...
Marijuana multistate operator Green Thumb Industries acquired Liberty Compassion, a Massachusetts medical cannabis cultivator and retailer. Liberty Compassion has two Affinity-branded stores in Boston and West Springfield. The purchase price...
