Green Life Business Group brokers the cannabis industry’s biggest deals
This is a sponsored post. First, the bad news: current market trends show declining valuations for cannabis companies in mature states. The good news is that means increased interest from first-time cannabis buyers, says Drew Mathews, CEO of California-based Green...
Legal cannabis industry sheds jobs for first time
Key points in this article: There were an estimate 412,500 people employed in legal cannabis in the U.S. in early 2026, down 2.7% from the prior year. Annual U.S. cannabis retail revenue dropped to $29.1 billion in 2025, the first year-over-year decline since...
In the cannabis industry, ‘culture’ is revealed in hard times
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) You hear a lot of talk about “culture” in the cannabis industry these days. You hear about culture in mission statements, on dispensary walls and...
Massachusetts caps cannabis cultivation, expands retail
Massachusetts cannabis regulators recently moved in two directions at once, freezing one part of the market while opening another. As of June 16, the state Cannabis Control Commission has temporarily stopped accepting new applications for marijuana cultivation...
DEA selects only cannabis foes to participate in marijuana rescheduling hearing
The U.S. Drug Enforcement Administration will consider evidence and testimony from some of cannabis reform’s most sworn enemies during potentially historic hearings on marijuana’s status under federal law that are scheduled to begin on June 29. And that’s all from...
Glass House separates cultivation from adult-use cannabis retail, files for NYSE uplisting
Following an established script, another publicly traded cannabis operator has separated its medical marijuana from its adult-use holdings in a bid to uplist on the New York Stock Exchange. But California-based vertically integrated operator Glass House Brands said in...
Why the industry needs to defend federal marijuana rescheduling
This is part of a regular series of MJBizDaily interviews with major THC industry players. To be considered for an interview, contact editorial@mjbizdaily.com. Michael Bronstein isn’t satisfied with medical cannabis reform. The president of the American Trade...
Federal cannabis rescheduling may not apply in Washington, regulator warns
Legal cannabis operators in Washington state, a billion-dollar market, are weathering familiar struggles of oversupply, restrictive local rules and heavy taxes. But now there’s another headache peculiar to the Evergreen State, according to a memo from the state...
Illinois folds hemp THC into regulated cannabis system, but drinks unclear
Illinois will regulate most hemp-derived THC products like adult-use cannabis. The Illinois Hemp Act, signed into law last week by Gov. JB Pritzker, folds what’s been an unregulated hemp THC market into the cannabis framework. ADVERTISEMENT While hemp advocates...
After Trulieve, which cannabis MSO will be next to uplist?
Florida-based cannabis multistate operator Trulieve Cannabis Corp. made history June 10 when it became the first publicly traded U.S.-based marijuana company to list on the New York Stock Exchange. But it appears medical cannabis-focused Trulieve was in a unique...
Michigan’s top cannabis regulator elected president of CANNRA
Michigan’s top cannabis regulator is the new president of the organization representing state marijuana authorities. . Brian Hanna, executive director of the Michigan Cannabis Regulatory Agency (MRA), was elected president of the Cannabis Regulators Association...Featured
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