Regulated marijuana offers new chance at equity: Q&A with social justice leader Martin Luther King III
The spirit of the most celebrated social justice activist in U.S. history was present at MJBizCon 2023. Martin Luther King III, son of the late Dr. Martin Luther King Jr. and co-founder of the Drum Major Institute, spoke during the conference session “Creating and...
Aurora Cannabis seeks Nasdaq compliance via share consolidation
Canadian producer Aurora Cannabis said it’s planning to consolidate its shares to restore compliance with the Nasdaq’s minimum bid-price requirement and ensure continued access to a range of institutional investors. Aurora’s board of directors approved the plan...
Delaware medical marijuana program expansion passes state House
The Delaware House of Representatives advanced a bill that its sponsor claims will result in “improved access to medical marijuana.” President Joe Biden’s home state legalized adult-use marijuana last year, but state lawmakers such as Democratic Rep. Ed Osienski have...
Village Farms starts building cannabis facility for Netherlands pilot program
Village Farms International has started building an indoor cannabis production facility in Drachten, Netherlands, which will supply the country’s cultivation and distribution experiment that started in December. The Vancouver, British Columbia-headquartered company...
Marijuana multistate operator MedMen initiates more corporate layoffs
Marijuana multistate operator MedMen Enterprises initiated a round of corporate layoffs on Jan. 26, according to sources with detailed information about the cuts. The number of employees affected is unknown, but personnel in the Los Angeles-based company’s accounting...
Cannabis tech company Agrify gets extension for Nasdaq rule compliance
Cannabis tech company Agrify Corp. said it will keep its listing on the Nasdaq for now as it works to meet the exchange’s requirements surrounding minimum stockholders’ equity. ADVERTISEMENT The Wednesday listing news follows several developments reported...
Arkansas attorney general rejects marijuana ballot initiative language
Arkansas cannabis advocates are going back to the drawing board after the state’s attorney general rejected the most recent proposed language for a ballot initiative that would increase access to medical marijuana and trigger adult-use legalization if federal...
System audits are key to finding errors and staying compliant, cannabis operators say
(This story is part of the cover package in the January-February issue of MJBizMagazine.) Even with a state-mandated compliance system and an enterprise resource planning (ERP) system as backup, cannabis businesses are still vulnerable to human error. Such mistakes...
Ohio releases proposed rules for recreational marijuana market
Ohio regulators have released proposed rules for the state’s pending recreational marijuana program. The 11-page document includes proposed fees for various business licenses, details on how the application process would work and information on how medical cannabis...
Czech Republic’s Economic Council wants regulated cannabis market
The Czech Republic’s National Economic Council, known as NERV, is recommending that the government establish a regulated cannabis market to help spur economic growth. The NERV is an independent advisory body that makes recommendations regarding economic reforms....
DEA should deschedule marijuana, US senators suggest in letter
The Drug Enforcement Administration should go beyond health regulators’ marijuana rescheduling recommendation and deschedule the drug entirely, top Democratic U.S. senators suggested in a letter. The senators’ request comes as the DEA mulls an August 2023...Featured
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