Marijuana MSO 4Front appoints co-founder Krane to board chair
Arizona-based 4Front Ventures, a vertically integrated, marijuana multistate operator, promoted current director Kris Krane to board chair. Krane replaces Robert Hunt, who is leaving the board, according to a Friday news release. ADVERTISEMENT An Illinois resident,...
Republican opposition defeats North Carolina medical cannabis again
For the third straight year, a proposal to legalize medical cannabis has failed in the North Carolina Legislature. Despite winning approval in the state Senate, a “strict” medical marijuana proposal was not called for a vote in the House of Representatives...
What tax deductions will be available to marijuana companies if 280E disappears?
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) The cannabis industry has long been shackled by the constraints of Section 280E of the Internal Revenue Code, which prohibits companies dealing...
New Connecticut law restricts THC beverage sales to liquor, cannabis stores
Sales of THC-infused beverages in Connecticut now will be allowed only at state-licensed liquor stores and cannabis retailers. The restrictions are part of House Bill 5150, which Gov. Ned Lamont signed into law in May. ADVERTISEMENT Under the new law, which went into...
Latest Cookies lawsuit claims $2 million unpaid in Massachusetts marijuana deal
The companies behind most Cookies-branded marijuana outlets in the United States backed out of a $2 million deal to buy a minority interest in a Massachusetts cannabis store, a new lawsuit alleges. According to the suit, filed this week in Suffolk County Superior...
Canadian cannabis oil labels are rife with ‘discrepancies,’ study shows
Canada’s legal cannabis industry has been struggling with mislabeled products since adult-use sales were legalized in 2018, but a new study confirms “discrepancies” in the information displayed on goods containing marijuana oil. In what is believed...
North Carolina tribe to launch recreational marijuana sales July 4
The Eastern Band of Cherokee Indians (EBCI) in North Carolina will launch recreational marijuana sales on the Fourth of July on tribal land. The Great Smoky Cannabis Co. will begin selling adult-use products on the Qualla Boundary only four weeks after the EBCI Tribal...
Some parts of California unaffected by cannabis sales slump
While overall cannabis sales have been falling in California since early 2021, some areas of the state are breaking the trend by growing transaction dollars. Sales of recreational marijuana in California reached nearly $351 million in May, according to Seattle-based...
California recalls 5 West Coast Cure marijuana products, cites pesticides
California regulators on Tuesday announced five more marijuana product recalls related to banned pesticides in a scandal that has rocked the market for the past month. According to the Department of Cannabis Control (DCC), the recalled products were all vape oil...
Minnesota-based cannabis MSO changes name – again
One of the oldest multistate operators in the cannabis industry is changing its name to something closer to its original iteration. Minneapolis-based Goodness Growth Holdings now will be known as Vireo Growth, the company said in a Monday news release. ADVERTISEMENT...
Marijuana operators vow to take federal prohibition challenge to Supreme Court
The cannabis multistate operator behind a constitutional challenge to federal marijuana prohibition that was dismissed by a lower federal court is vowing to take the issue to the U.S. Supreme Court. That’s the only venue that can overturn a 2005 Supreme Court decision...Featured
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