Green Thumb cannabis workers in New Jersey seek right to exit union
Employees of cannabis multistate operator Green Thumb Industries want to vote on whether they can remove United Food and Commercial Workers (UFCW) Local 360 as their union representative. Michael Potter, a lead warehouse technician for Chicago-based Green Thumb, filed...
Michigan marijuana sales boom fueled by low flower prices
Prices for marijuana flower in Michigan have nosedived since the start of adult-use sales in December 2019, and many in the industry attribute the falling prices to a glut of cultivation licenses. At the same time, low prices in Michigan have created a marijuana...
Congressman introduces bill that would increase THC percentage in hemp
U.S. Sen. Rand Paul, a Kentucky Republican, has introduced a bill in Congress that would raise the THC level on hemp products and lightly regulate them nationally. The Hemp Economic Mobilization Plan (HEMP) Act, among other requirements, would define “hemp” as...
Arkansas medical cannabis campaign sues state over rejected ballot initiative
Medical cannabis advocates in Arkansas filed a lawsuit challenging the secretary of state’s decision not to certify a ballot initiative that would expand the MMJ program. The suit, filed Tuesday, was spurred by Secretary of State John Thurston’s ruling the...
Marijuana financier Silver Spike closes on portfolio, changes name & ticker symbol
Specialty marijuana finance company Silver Spike Investment Corp. has closed on a portfolio of loans and changed its name to Chicago Atlantic BDC. New York-based Silver Spike said in February it planned to acquire Illinois-headquartered Chicago Atlantic Loan...
Georgia hemp community responds to hurricane, new regulations
The Georgia hemp industry was tasked over the past week with the dual challenge of navigating a hurricane and new regulations governing allowable products. The rules that went into effect Tuesday stand to change the fortunes of Georgia-based hemp operators, and some...
Marijuana delivery company Eaze has new owner after assets auctioned
California-based marijuana delivery company Eaze Technologies has a new owner after a public auction of corporate assets. The bundle of Eaze assets were purchased for $56 million in August via a telephone auction by a firm owned by Netscape co-founder James Henry...
Arkansas medical cannabis expansion disqualified from November ballot
An amendment to expand access to medical cannabis in Arkansas will not appear on the November ballot in the state. Secretary of State John Thurston determined that Arkansans for Patient Access did not collect enough signatures to qualify for the ballot, the Associated...
‘Legalize it,’ Democratic presidential candidate Harris says of marijuana
If there was any uncertainty about where she stands on U.S. marijuana prohibition, Vice President Kamala Harris cleared the air by declaring that MJ should be federally legalized. It was Harris’ first public stance on the issue since she became the Democratic...
MJBizDaily launches survey about diversity in US cannabis industry
Seeking to better understand the role of women and minorities in the U.S. cannabis industry, MJBizDaily is launching its annual diversity survey. Cannabis business owners, founders and executives – including those from retail, cultivation, manufacturing,...
Judge OKs lawsuit aimed at keeping medical marijuana off Nebraska ballot
A lawsuit seeking to thwart two ballot initiatives to legalize medical marijuana in Nebraska can proceed, a District Court judge has ruled. Both measures will remain on the ballot as the case moves through the court system, according to the Nebraska Examiner. The...Featured
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