Five lessons cannabis retailers learned the hard way
Mike Khemmoro, the chief operating officer of Mango Cannabis, a small multistate operator with retail permits in four states, was looking forward to a smooth opening at the company’s New Buffalo location in Michigan. But then the state imposed a new 24% wholesale tax...
Massive winter storm sees cannabis retail sales surge in four states
For legal cannabis retailers, the record-breaking snowfall blanketing much of the northeastern U.S. meant a record-breaking surge in sales. Ahead of the winter storm that arrived in force on Sunday, cannabis sellers in New York, New Jersey, Maryland and Massachusetts...
Does federal marijuana rescheduling only apply to medical cannabis?
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) President Donald Trump’s Dec. 18 executive order directed U.S. Attorney General Pam Bondi to take “all necessary steps” to move marijuana to...
Bipartisan proposal could fulfill President Trump’s promise for CBD Medicare coverage
Hemp-derived products containing CBD – the non-intoxicating cannabinoid President Donald Trump proposed covering via Medicare last month – would be regulated under federal law for the first time if a bipartisan bill introduced in Congress on Thursday passes. The U.S....
Arkansas medical cannabis sales hit record $291 million in 2025
As predicted, Arkansas medical marijuana operators reported record-breaking sales in 2025. Dispensaries rang up $291.1 million in sales in 2025, surpassing the previous record of $283 million set in 2023, according to data from the Arkansas Department of Finance and...
Minnesota adult-use cannabis sales hit $31 million since September launch
Minnesota’s adult-use cannabis market may finally be taking off after a slow and challenging start. Since the September launch of non-tribal adult use sales, Minnesota cannabis stores reported more than $31 million in revenue from 466,000 transactions through...
Thailand poised to recriminalize cannabis as boom sparks backlash – and boredom
Thailand, where a billion-dollar cannabis industry has blossomed since the country became the first in Asia to experiment with decriminalization in 2022, is poised to make the drug illegal again. Inspired by a backlash to the thousands of shops that have sprung up...
Joe Bayern’s ‘Day 2’ cannabis strategy: Build brands, not canopies
This is the first in a regular series of MJBizDaily interviews with major THC industry players. To be considered for an interview, contact editorial@mjbizdaily.com. Seasoned cannabis executive Joe Bayern’s path into the legal marijuana industry didn’t start with a...
Study: Cannabis reform lures women, older adults to legal industry
Cannabis reform measures, including state-level adult-use marijuana legalization, are encouraging American adults who have historically steered away from cannabis to try the drug, according to recently published research. According to a study published in the American...
President Trump’s promise to cover CBD via Medicaid in limbo as hemp THC protections stall
Over the weekend, Congressional leadership removed language from the spending bill released Tuesday morning that would have given hemp THC a temporary reprieve ahead of a looming ban, MJBizDaily has learned. In addition to worsening uncertainty for hemp farmers and...
Connecticut’s only medical marijuana dispensary may close
Connecticut’s last medical-only cannabis dispensary must relocate amid a possible shift to a hybrid model in a new town. Bluepoint Wellness’s move within town comes after repeated denials from Westport’s Planning and Zoning Commission to allow recreational cannabis...Featured
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