by Solomon Israel | Jan 2, 2024 | News
Marijuana payment technology company POSaBit Systems Corp. has applied to list its shares on the TSX Venture Exchange, moving away from the Canadian Securities Exchange. CEO Ryan Hamlin described the Bellevue, Washington-headquartered company’s planned move to...
by Matt Lamers | Jan 2, 2024 | News
(This story has been corrected to reflect that Alberta has 750 legal cannabis stores.) High Tide has opened the doors for its Canna Cabana cannabis store on the Tsuut’ina Nation in the province of Alberta. It’s only the fourth province-approved adult-use...
by Chris Roberts | Jan 2, 2024 | News
With the cannabis industry eagerly awaiting the U.S. Drug Enforcement Administration’s latest move in the rescheduling process, the new year promises the biggest development in U.S. marijuana policy in 50 years. If the rescheduling odyssey launched by the Biden...
by Kate Lavin | Dec 29, 2023 | News
During this last week of 2023, the MJBizDaily staff is looking back on some of the top stories we’ve covered this year in the cannabis industry. As readers of MJBizMagazine know, each month we take a deep dive into a topic facing marijuana operators and...
by Kate Lavin | Dec 28, 2023 | News
According to the Chinese horoscope, 2024 is the Year of the Dragon, which represents power, nobleness, luck and, most importantly, success. As the new year approaches, we’re thinking about trends likely to impact state-regulated cannabis markets in 2024. Here are...
by Roger Fillion | Dec 27, 2023 | News
Growing fears over a dangerous plant pathogen … the Biden administration’s support for reclassifying marijuana as a less dangerous drug … the proliferation of hemp-derived products containing intoxicating delta-8 THC. Those were among the most...
by Kate Lavin | Dec 26, 2023 | News
(This story appears in the upcoming January-February issue of MJBizMagazine.) When then-U.S. Sen. Tim Walz announced his support for legalizing adult-use marijuana while campaigning in 2018 to become Minnesota’s next governor, Leili Fatehi and Laura Monn Ginsburg knew...
by Roger Fillion | Dec 21, 2023 | News
New York regulators are facing yet another lawsuit aimed at stopping them from issuing any additional adult-use marijuana licenses. The lawsuit – filed in U.S. District Court in the Northern District of New York by two companies seeking retail licenses –...
by Chris Casacchia | Dec 21, 2023 | News
A letter from California Attorney General Rob Bonta to state regulators all but ended marijuana industry hopes of interstate cannabis commerce. In a 36-page letter sent Dec. 19 to the Department of Cannabis Control (DCC), the state’s chief cannabis regulator, Bonta...
by Kate Robertson | Dec 21, 2023 | News
Alcohol sales aren’t permitted in some stores on Christmas Day and New Year’s Day in Connecticut, but consumers can buy marijuana and gamble. According to West Hartford TV station WVIT, package stores must remain closed on Christmas and New Year’s...
by Matt Lamers | Dec 21, 2023 | News
Canadian sales of recreational cannabis rose to 448.6 million Canadian dollars in October ($336 million), marking a small increase from the previous month and a 15% increase over the same period last year. By comparison, sales fell 6.2% in September on a...
by Solomon Israel | Dec 21, 2023 | News
Combined adult-use and medical marijuana sales in Rhode Island totaled $105 million in the year since recreational retail sales launched in December 2022. The yearlong retail sales total includes $69.8 million in adult-use sales and $35.1 million in medical marijuana...