by Margaret Jackson | Nov 26, 2024 | News
Cannabis wholesale platform LeafLink has acquired Leaf Trade, a wholesale marketplace used by multistate operators and enterprise marijuana businesses. The combined companies are expected to facilitate nearly $9 billion in wholesale gross merchandise value annually,...
by Chris Roberts | Nov 26, 2024 | News
Kentucky awarded the first 36 medical marijuana dispensary licenses by lottery on Monday, but controversy over an earlier lottery round threatens to taint the process. According to Kentucky Public Radio, the October licensing lottery was dominated by out-of-state...
by Omar Sacirbey | Nov 26, 2024 | News
Canadian cannabis company Canopy Growth Corp. appointed current board member Luc Mongeau to serve as the company’s next CEO. Mongeau takes the reins effective Jan. 6, 2025, according to a news release. ADVERTISEMENT He replaces David Klein, who announced in August...
by Margaret Jackson | Nov 26, 2024 | News
(This story was updated at 5:07 p.m. ET Wednesday with new comments from Gold Flora’s CEO and results of a special shareholders meeting.) California-based marijuana operator Gold Flora Corp. is facing receivership as it grapples with financial challenges....
by Chris Casacchia | Nov 26, 2024 | News
Cannabis track-and-trace software provider Metrc is rolling out a new feature for brands and retailers to streamline product labeling and inventory management. Metrc’s new product, Retail ID, combines QR codes that contain product information with inventory barcodes...
by Margaret Jackson | Nov 25, 2024 | News
A judge on Monday halted the lottery to award adult-use marijuana licenses to prospective business owners after some applicants denied access filed a lawsuit claiming the process lacked clear criteria and didn’t allow for appeals. After an hourlong online hearing,...
by Chris Roberts | Nov 25, 2024 | News
Canadian-based marijuana retailer Cannabis Xpress will pay a fine of 100,000 Canadian dollars (roughly $71,421) to Ontario regulators for violating the province’s anti-inducement law. The Alcohol and Gaming Commission of Ontario (AGCO) initially fined Cannabis Xpress...
by Margaret Jackson | Nov 25, 2024 | News
A Mississippi appeals court ruled that medical cannabis businesses in the state don’t have the right to advertise on billboards or other places because marijuana is still illegal under federal law. A three-judge panel of the 5th U.S. Circuit Court of Appeals said in...
by Kate Lavin | Nov 25, 2024 | Sponsored
This is a note from our sponsors. At MJBizCon this coming December, Ispire Technology Inc. (NASDAQ: ISPR) will showcase two new technology innovations: its new VLT Pod System, designed to redefine the 510-thread vaping experience, and the I-80 Vape Filling...
by Omar Sacirbey | Nov 25, 2024 | News
One of the oldest medical cannabis companies in the world is returning to Canada after exiting that market five years ago. Based in Veendam, Netherlands, Bedrocan International was founded in 1984 as an agricultural production company. ADVERTISEMENT Bedrocan got into...
by Kevin Huhn | Nov 22, 2024 | News
Two women are suing Minnesota’s cannabis regulator after being denied an opportunity to participate in the upcoming lottery for adult-use marijuana social equity business licenses. Cristina Aranguiz and Jodi Connolly allege in a lawsuit they filed Thursday...
by Margaret Jackson | Nov 22, 2024 | News
Michigan hemp farmers are operating under the U.S. Department of Agriculture now that the state has shut down its industrial hemp program. According to Hemp Today, the change means farmers are subject to stricter pre-harvest THC testing protocols that require all...