by Kevin Huhn | Dec 3, 2024 | News
Michigan’s recreational marijuana businesses are on the verge of eclipsing the $10 billion mark in sales, only four years after the adult-use market launched. Since they began on Dec. 1, 2019, aggregate adult-use sales in Michigan reached roughly $9.7 billion through...
by Omar Sacirbey | Dec 3, 2024 | News
There are dozens of ways for cannabis business executives to make deals at MJBizCon this week. Those who want to leave the world’s biggest cannabis business event with leads and fruitful relationships should come with a game plan but also be prepared to be flexible...
by Chris Roberts | Dec 2, 2024 | News
Historic hearings on marijuana’s status under federal law will begin in earnest sometime in mid-January, an administrative law judge for the U.S. Drug Enforcement Administration said during a procedural session Monday. At that time, hearings will be held...
by Kevin Huhn | Dec 2, 2024 | News
A new lawsuit targets Connecticut’s laws limiting the amount of THC in manufactured hemp products in the state. The suit recently was filed in federal court by the Infinity Smoke Shop in Stratford, Connecticut, as well as “smoke shop owners and investors” in the...
by Kate Lavin | Dec 2, 2024 | News
A law allowing medical marijuana caregivers to provide cannabis for patients in Hawaii will expire on Dec. 31 without legislative action. “It really was a failure that we did not address this impending deadline, and now we have the crisis upon us,” state Rep. Della...
by Kate Lavin | Dec 2, 2024 | Sponsored
This is a note from our sponsors. For Hawthorne Gardening Company, the economic realities of the cannabis industry forced the leading supplier of nutrients, lighting and other cultivation products to make a strategic pivot. It involved decisions that would not...
by Chris Casacchia | Dec 2, 2024 | News
After abruptly ending their successful sports careers, Greta Gaines and Ricky Williams found new callings through marijuana reform and activism before launching their own cannabis brands. Gaines, the first woman world-champion snowboarder, is a national authority on...
by Chris Roberts | Dec 2, 2024 | News
President-elect Donald Trump’s choice to lead the U.S. Drug Enforcement Administration is an independently wealthy Florida sheriff who favored decriminalizing small amounts of marijuana in 2020. But it’s still too early to say exactly how Hillsborough County Sheriff...
by Chris Roberts | Nov 27, 2024 | News
A Nebraska judge handed medical cannabis legalization advocates a major victory when she ruled that enough registered voters’ signatures on an initiative petition were valid. Separate ballot questions legalizing medical marijuana and setting up regulated sales...
by Margaret Jackson | Nov 27, 2024 | News
Vertically integrated marijuana company Cansortium has secured a senior credit agreement for up to $96.5 million. The Tampa, Florida-based company, which operates under the Fluent brand, also paid off a $23 million loan – plus 13% accrued interest – from...
by Kate Lavin | Nov 27, 2024 | News
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) The Everest Ransomware group appears to have set its sights on the marijuana industry, according to the Cannabis Information Sharing &...
by Kate Lavin | Nov 26, 2024 | News
The wait is over for 74 applicants in Florida hoping to secure medical marijuana treatment Center licenses. The state’s Office of Medical Marijuana Use on Tuesday published the list of 22 companies that received “letters of intent to approve” their license...