by Kate Lavin | Jun 17, 2024 | News
House Republicans have stripped language containing cannabis banking protections from a federal spending bill, only 10 days after it passed a House of Representatives subcommittee. The previous version of the Financial Services and General Government Appropriations...
by Chris Casacchia | Jun 17, 2024 | News
(This story is part of the cover package in the May-June issue of MJBizMagazine.) For years, cannabis retailers have taken cues from more established industries, applying their best practices, systems and business processes. However, in one increasingly important...
by Chris Roberts | Jun 14, 2024 | News
New Hampshire will remain the lone New England market without a regulated adult-use cannabis program after state lawmakers refused to compromise on a controversial legalization bill. As expected, Republican Gov. Chris Sununu’s vision for a unique state-run sales model...
by Chris Casacchia | Jun 14, 2024 | News
A group of unlicensed dispensary operators in New York filed a class action lawsuit against the city, claiming the ongoing closures of their businesses are unconstitutional. Dozens of business have joined the lawsuit in response to a citywide crackdown on rampant...
by Kate Lavin | Jun 14, 2024 | News
Facing a lawsuit and pressure to ensure residents have access to medical marijuana, the Massachusetts Cannabis Control Commission on Thursday issued an administrative order to allow deliveries of regulated marijuana to Martha’s Vineyard and Nantucket by boat. Cannabis...
by Kate Lavin | Jun 14, 2024 | News
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) It’s no secret that the federal government’s original decision to make marijuana a Schedule 1 controlled substance was motivated by politics...
by Chris Roberts | Jun 13, 2024 | News
(This story was updated at 7:25 p.m. ET to include quotes from Massachusetts Cannabis Control Commission Acting Chair Ava Callender Concepcion.) Massachusetts regulators on Thursday levied a $350,000 fine on Trulieve Cannabis in connection with the death of an...
by Chris Roberts | Jun 13, 2024 | News
In what’s believed to be one of the largest judgments in a cannabis industry dispute, a Colorado appeals court has restored an $100 million award in a long-running dispute involving one of the state’s biggest chains of marijuana stores. An arbitrator had awarded $140...
by Chris Casacchia | Jun 13, 2024 | News
Canada’s leading producer of cannabis edibles is restructuring its business under the nation’s bankruptcy protection laws as it seeks to sell assets to repay creditors. Indiva and its subsidiaries under Indiva Group have been granted relief by the Ontario...
by Kevin Huhn | Jun 13, 2024 | News
Arkansas’ medical marijuana licensing board upheld a decision to revoke a medical marijuana dispensary’s permit. The Alcoholic Beverage Control (ABC) vote on Wednesday left in place a May ruling to take away the license of Green Springs Medical Marijuana...
by Chris Roberts | Jun 13, 2024 | News
The campaign to legalize adult-use cannabis in Florida during the November general election might encounter an unfamiliar obstacle: well-funded opposition. Republican Gov. Ron DeSantis recently formed the Florida Freedom Fund in a move that allows him to accept...
by Chris Casacchia | Jun 12, 2024 | News
Innovative Industrial Properties, a San Diego-based real estate investment trust (REIT) focused on the cannabis industry, acquired a $13 million industrial space in Florida that will be leased to multistate operator Ayr Wellness. As part of the deal, Innovative...