1,700-plus in Maryland apply for adult-use marijuana social equity licenses
Maryland’s opening application round for adult-use social equity marijuana business licenses got off to a belated but booming start with 1,708 applicants seeking 179 available permits. Of the 1,708 verified applicants, 1,474 met the Maryland Cannabis Administration’s...
MedMen lays off almost two dozen at Las Vegas cannabis store
MedMen Enterprises has laid off most of its staff at its top-performing cannabis store in Nevada, former employees told MJBizDaily. The Los Angeles-headquartered multistate operator on Feb. 6 cut 20-25 workers at its outlet at 4503 Paradise Road, just off the Las...
Marijuana, hemp owners invited to share insights in MJBiz Factbook survey
The MJBizDaily editorial team invites business owners, executives and entrepreneurs in the marijuana and hemp sectors to participate in the 12th annual MJBiz Factbook survey. MJBizDaily is committed to delivering high-quality content that is both informative and...
Small cannabis businesses subject to new ownership reporting rule
Many U.S. cannabis companies will need to comply with a new reporting requirement under federal law, an attorney for the marijuana industry warns. “This is a pretty complex law, and I think a lot of cannabis business owners are not aware that it exists,”...
Blumenauer pushes DEA to clarify timelines for marijuana rescheduling
Oregon Democratic congressman Earl Blumenauer continues to push the U.S. Drug Enforcement Administration to reschedule marijuana and lay out a timeline for such action. ADVERTISEMENT In a Feb. 8 letter to DEA Administrator Anne Milgram, acting Chief Michael Miller,...
Christina Lake Cannabis plans massive expansion of outdoor cultivation
Christina Lake Cannabis Corp. has acquired ownership of outdoor cultivation facilities in Midway, southern British Columbia, from an unidentified privately owned corporation for 3 million Canadian dollars ($2.2 million). With the acquisition, Christina Lake Cannabis...
Maine police seize thousands of illicit marijuana plants in raids
Maine authorities continue to crack down on allegedly illicit marijuana operations in the state and seizing thousands of plants, most recently in Corinna, Guilford and Sangerville. After neighbors complained of chemical odors, out-of-state traffic and being pressured...
Thailand’s ‘wild East’ cannabis industry braces for regulatory earthquake
Thousands of cannabis businesses in Thailand are bracing for major legal and regulatory changes as the country looks to curb adult-use sales and pivot the industry back to a medicinal market. The government’s latest draft cannabis law looks to end a legal vacuum that...
New York approves 2 adult-use stores as politicos weigh cannabis law changes
New York regulators gave the OK for two more adult-use stores to open as lawmakers ponder some potential changes to the state’s cannabis law. Community Board 8’s Street Life Committee greenlighted the approvals of Green Health and a store operated by Conditional...
Ultra Health, largest marijuana player in New Mexico, closing Santa Fe shop
New Mexico’s largest medical and adult-use marijuana operator, Ultra Health, will close one of its two Santa Fe stores at the end of February. The Cerrillos Road store was more expensive to operate than Ultra’s other stores, President and CEO Duke...
Canopy shakes up board, reports CA$216 million loss on lower cannabis sales
Canadian cannabis producer Canopy Growth on Friday reported a shake-up to its board of directors, a lower third-quarter loss and a “singular focus” on marijuana. Canopy’s net loss in the third fiscal quarter improved to 216.7 million Canadian dollars ($160 million),...Featured
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