Eaze reaches deal with California marijuana workers to avert 4/20 strike
Eaze Technologies and union negotiators said Wednesday they reached a settlement to avert a work stoppage across California on April 20, the biggest retail day of the year for the marijuana industry. The tentative agreement for employees at Eaze and its cannabis...
Cannabis tech company Agrify to be acquired by Nature’s Miracle
Cannabis production technology company Agrify Corp. is being acquired by controlled environment agriculture tech firm Nature’s Miracle Holding in a deal that values Agrify’s equity at roughly $6.3 million. The total value of the deal was not disclosed....
Opinion: Maximize the impact of 4/20 on your marijuana business all year long
As the cannabis industry gears up for 4/20 – the ultimate celebration of marijuana for businesses and consumers – executives should consider how they can retain this high holiday retail rush. Marijuana sales on 4/20 have consistently jumped year-over-year...
No cannabis excise tax reform in 2024 Canadian budget
Canada’s legal cannabis industry is not getting any excise-tax relief from the Liberal government’s 2024 budget. The budget comes shortly after two separate recommendations to the government proposing reform or review of the cannabis excise-tax structure...
You’ve always wanted to speak at MJBizCon? Now’s your chance
MJBiz is looking for movers and shakers in the cannabis industry to share their knowledge as speakers at MJBizCon 2024. The 13th annual conference and exposition is taking place Dec. 3-6 at the Las Vegas Convention Center. ADVERTISEMENT The team at MJBiz – the...
Wana CEO Whiteman exiting cannabis edibles company; Hodas will take reins
Nancy Whiteman, the co-founder and CEO of Wana Brands cannabis edibles company, will relinquish the top post in May to focus on philanthropic endeavors. Whiteman will be succeeded by Wana’s chief marketing officer, Joe Hodas, who’s been at the company for four...
Marijuana banking ‘unlikely’ to pass Republican House, GOP senator says
The latest Congressional leadership crisis means the Republican-controlled House of Representatives is “unlikely” to take up marijuana banking reform, a GOP senator believes. Speaking to investment podcast The Dales Report about the SAFER Banking Act, Republican Sen....
Arizona cannabis social equity reform failure highlights broader struggle
Predatory investors hijacked the cannabis social equity program in Arizona, where only three of the original 26 license winners still have a stake in their businesses, according to allegations filed in court and repeated in the state Legislature. Despite outrage over...
Missouri marijuana retailers set monthly sales record at $124.7 million in March
Missouri marijuana retailers set another monthly sales record in March with $124.7 million in adult-use and medical cannabis transactions. The March total included $108.7 million in adult-use sales, which is the highest since the first recreational stores opened in...
California task force seizes more than $53M of illicit cannabis in first quarter
A multiagency task force in California seized more than $53 million worth of illegal cannabis products in the first quarter of 2024. The seizures by the Unified Cannabis Enforcement Taskforce (UCETF), which was established in 2022, included 54,137 unlicensed cannabis...
Canopy stockholders OK share structure for US marijuana holding company
Shareholders of Canadian cannabis company Canopy Growth Corp. have voted in favor of a new exchangeable share structure meant to enable Canopy’s planned entry into the American marijuana market via a U.S.-domiciled holding company, Canopy USA. Canopy...Featured
1
Latest Sponsored
