The penny shortage is a serious cannabis retail problem
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) Most cannabis retailers have probably not spent much time thinking about pennies. That makes sense, until you are standing at the register and do...
Virginia moves one step closer to adult-use marijuana sales launch
Virginia lawmakers on Tuesday advanced legislation that could see adult-use cannabis sales begin as soon as November. The South’s first adult-use cannabis market moved one step closer to reality when the General Assembly passed both House Bill 642 and Senate...
Illinois cannabis retailers sold record amount of product in 2025 – but made less money
Illinois adult-use cannabis retailers moved a record amount of product in 2025, but tumbling prices meant a $200 million year-over-year drop in sales revenue. Recreational cannabis shops sold 52.1 million units last year, up from 49 million in 2024, according to the...
Shannon O’Brien’s quest to make Massachusetts a cannabis research hub
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. Shannon O’Brien wants Massachusetts to be the cannabis industry’s research hub. To do that, the chair...
Why cannabis retailers are praying for snow
For cannabis retailers in Massachusetts and New York, when it snows, it rains money. Over the two days before the massive late January winter storm blanketed the northeast in snow, Massachusetts cannabis stores rang up $7.1 million and $6.9 million, respectively,...
Cannabis jobs used to pay well. Now minimum wage is catching up.
When it comes to paying her employees, Jasmine Johnson is one step ahead. Minimum wage in Florida, where the CEO of hemp-derived THC retailer Gud Essence opened her first location in Clearwater, will increase from $14 to $15 an hour Sept. 30. But Johnson already pays...
Chicago mayor vetoes hemp THC ban
Chicago Mayor Brandon Johnson on Friday vetoed a controversial ban on hemp-derived THC products in the city. That means hemp-derived THC products, including the popular beverages that will be sold at United Center this year, will remain legal in Chicago at least until...
Nebraska medical cannabis at risk of federal raids before it begins
Medical cannabis businesses in Nebraska, where patient access has not launched more than a year after voters legalized the drug, are on track to become the only state-sanctioned MMJ operators at risk of federal prosecution. That’s because Nebraska is absent from...
Massachusetts considers cannabis cultivation permit freeze
Massachusetts cannabis retailers are selling more product than in the past, and there are more operators in business than ever in the $1.6 billion annual market. But amid dropping prices – and with more cultivation canopy per capita than other states – state marijuana...
Colorado cannabis sales drop in 2025 – again
Colorado’s cannabis market continued its downward trajectory in 2025, with retailers on track to record a fourth consecutive year of declining sales revenue. But in a troubling sign – and in contrast with other states affected by price compression –...
If America has a marijuana problem, The New York Times wants to make it worse
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) In a Feb. 9 editorial, The New York Times declared that America has a marijuana problem, a sweeping declaration eagerly amplified by the usual...Featured
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