Rhode Island may limit new cannabis permits even further
After already delaying new entrants into its $167 million market, Rhode Island cannabis regulators are mulling reducing the number of new retail permits to give existing operators a better chance of success. But that’s infuriating applicants who have invested time and...
Virginia adult use cannabis sales to launch Jan. 2027
Virginia lawmakers last week approved a bill that sets a Jan. 1, 2027 start date for adult-use cannabis sales. The legislation, which Democratic Gov. Abigail Spanberger is expected to sign, promises to unlock a massive new marijuana market that’s been on pause...
Cannabis IP: Why Snoop Dogg can’t trademark ‘Smoke Weed Everyday’
All-around celebrity and America’s cannabis-friendly ambassador to the world, Snoop Dogg may be one of the most recognizable faces – and brands – in the country. In fact, his impact on cannabis and culture at large is so profound that “Smoke Weed Everyday,” a...
Looming hemp THC ban forces US farmers to guess and gamble
The clock is ticking for hemp farmers like Ryan Eakes. The chief operating officer of Montrose, Colorado-based Typhoon Farma is preparing to plant 220 acres of CBG-dominant hemp – but with the hemp industry in a state of uncertainty ahead of a change in federal...
Cannabis MSO Verano plans growth spree with new $195 million loan
Chicago-based cannabis multistate operator Verano Holdings Corp. has secured a $195 million loan it intends to use to pay down old debt in anticipation of a busy 2026, the company announced Thursday. Backed by Needham Bank and Chicago Atlantic Financial Services, the...
Hiding in the federal hemp crackdown is a hyperlocal opportunity
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) As the chief compliance officer of cannabis consultancy Cannaspire, I’m watching the national “intoxicating hemp” crackdown shift from a policy...
IRS digs in on marijuana rescheduling as MSOs’ 280E bill balloons
Major marijuana multistate operators owe more than $1.6 billion in back taxes collectively to the federal Internal Revenue Service, according to their recent public filings. Withheld by the MSOs from the taxman as part of a bold but risky strategy to increase cash...
Why are Delaware cannabis sales off to such a slow start?
Delaware cannabis sales are off to a slow start that’s well below both initial projections and other states. Marijuana retailers recorded $29.3 million in sales since the market launched last August, according to state statistics provided to Philadelphia-based...
How a liquor store owner learned to love hemp THC beverages
This is part of a regular series of MJBizDaily interviews with major THC industry players. To be considered for an interview, contact editorial@mjbizdaily.com. Minnesota liquor store owner Jon Halper was reluctant to start carrying hemp-derived THC beverages. Not a...
Oklahoma cannabis operators notch win in federal court against state
Exhausted by hostility from state officials and emboldened by a recent win in federal court, Oklahoma medical marijuana operators are escalating a legal fight for their survival. More Oklahoma cannabis businesses are joining the more than 30 already suing Gov. Kevin...
Texas set to ban smokable hemp THC flower March 31
Texas is set to enforce a ban on smokable hemp flower starting March 31. New regulations for Texas’s estimated $5.5 billion hemp market, adopted by the state Department of State Health Services last week, also include stricter THC measurement standards and fee...Featured
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