by Chris Casacchia | May 9, 2024 | News
Before Joe Hodas became the chief marketing officer at Colorado-based marijuana edibles maker Wana Brands in March 2020, his career was at a crossroads. The month before, he laid off nearly every employee, including himself, at Gofire, which had released its first...
by Chris Casacchia | May 8, 2024 | News
Thailand Prime Minister Srettha Thavisin is calling on the nation’s health ministry to reclassify recreational cannabis as an illegal substance. According to the Associated Press, Thavisin asked the Ministry of Public Health in a Wednesday post on X, the...
by Kate Robertson | May 8, 2024 | News
Budtenders at two marijuana stores operated in Los Angeles by The Cannabist Co. have voted to join the Teamsters Local 630 labor union. The 60 new members work at the New York-based multistate operator’s stores in North Hollywood and Studio City, according to a...
by Chris Roberts | May 8, 2024 | News
Authorities in New York City have launched what they promise will be a citywide crackdown on rampant illicit cannabis sales. Sheriff’s deputies and police on Tuesday visited at least 20 locations suspected of selling marijuana without a permit, according to New York...
by Chris Casacchia | May 8, 2024 | News
Brokers handling the asset sale of cash-strapped marijuana brand and publication High Times are nearing a deal to unload its West Hollywood store, MJBizDaily has confirmed. A separate buyer has placed a six-figure offer on 420.com, one of several other assets up for...
by Omar Sacirbey | May 7, 2024 | News
Republican opposition to adult-use cannabis legalization in Florida has long been presumed, and now it’s official. According to the Florida Phoenix, the executive board of the Republican Party of Florida voted at its recent quarterly meeting to oppose Amendment 3....
by Kate Robertson | May 7, 2024 | News
Canopy USA, the U.S.-domiciled holding company of Canadian cannabis company Canopy Growth Corp., exercised its options to acquire Jetty Extracts, a California-based extraction brand and vape technology company, and Wana Brands, a Colorado-headquartered edibles...
by Kate Robertson | May 7, 2024 | News
Wholesale marijuana prices are still declining in some state-regulated markets, although they have performed better than expected overall during the past year, according to data shared by LeafLink and Cannabis Benchmarks. As of March 2024, wholesale flower prices were...
by Chris Casacchia | May 6, 2024 | News
Marijuana operators, other stakeholders and the general public in Delaware have until June 3 to weigh in on a litany of proposed business rules and regulations related to the rollout of adult-use sales next year. The regulations, issued last week, cover a variety of...
by Kate Robertson | May 6, 2024 | News
Municipal governments in Missouri may stack additional taxes on adult-use cannabis sales on top of the 6% state tax, according to a judge’s ruling. Cannabis producer Robust Missouri filed a lawsuit challenging whether the constitutional amendment that legalized...
by Omar Sacirbey | May 6, 2024 | News
Illinois has issued 35 more conditional adult-use retail licenses to social equity applicants. The 35 recipients were among a group of 55 applicants selected from Illinois’ Social Equity Criteria Lottery, which was held in July 2023, according to a news release...
by Matt Lamers | May 6, 2024 | News
Canadian exports of medical cannabis hit an all-time high last year as the county’s licensed producers continue to diversify from the competitive local market in favor of pursuing top-line opportunities overseas. In the 2023-24 fiscal year, Canada exported roughly 218...