Can the right data convince banks to lend to cannabis operators?
A new platform promising financial institutions reliable, real-time data could be the missing link that convinces skeptical or risk-adverse lenders to offer crucial capital to cannabis businesses. Denver-based NCS Analytics today launched NCS Thea, which provides...
New York cannabis retailers averaging about $4 million in annual sales
Cannabis retailers in New York state, one of the fastest-growing markets in the country, are averaging about $4 million in annual sales after a year in business, according to results of a state-conducted survey. But less than half of operators who responded to a state...
Two more marijuana MSOs enter Texas medical cannabis market
Two more major multistate cannabis operators are entering Texas’ newly expanded medical marijuana market. Chicago-based MSOs Green Thumb Industries and Cresco Labs were awarded conditional licenses under the Texas Compassionate Use Program (TCUP), the Texas Department...
Major marijuana MSO files for U.S. bankruptcy protections
Major cannabis multistate operator The Cannabist Co. filed for bankruptcy in Delaware on March 25. The MSO has sold off its permits in Virginia, Ohio and Delaware to satisfy creditors, and is in negotiations to sell off other permits. But even after the initial sales,...
What cannabis retailers get wrong about 4/20 discounts
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) April 20 is still the busiest day of the year for cannabis retailers. Transaction volumes spike, foot traffic surges and the pressure to run...
Trump Justice Department turmoil not expected to delay marijuana rescheduling
President Donald Trump’s abrupt firing of Attorney General Pam Bondi won’t change much for the cannabis operators desperate for movement on marijuana rescheduling, several sources close to the process told MJBizDaily on Thursday. That’s because the calculus is the...
Missouri cannabis regulators seek alternatives to track-and-trace leader Metrc
Metrc, the Florida-based nationwide leader in cannabis track-and-trace software, isn’t meeting the needs of Missouri cannabis regulators and, with the state contract up to bid, could be replaced with another company. If a competitor is awarded the Missouri Department...
Trump CBD reimbursement program launches amid legal challenge from rescheduling foes
A familiar coalition of cannabis reform’s most dedicated foes sued the Trump administration in federal court on Monday, seeking to stop federal healthcare reimbursements for CBD treatments. The plaintiffs include some of same organizations that sought to thwart the...
Mr. Sherbinski speaks: From medical cannabis to Gelato, hot strains rule the game
(This is the first installment in a regular column from “Voice of the Plant” in collaboration with MJBizDaily.) I started growing cannabis in California in the early 2000s. Back then, in the medical-only Prop. 215 days of cannabis collectives, when the...
Michigan governor candidate vows to repeal cannabis tax as new lawsuit filed
Early returns on Michigan’s new 24% wholesale cannabis tax are almost entirely negative, from both inside and out the industry. So far in 2026, the levy has crashed legal sales, drawn multiple lawsuits and, most recently, became a flashpoint in statewide politics....
How higher education is embracing legal cannabis
As the labor-intensive cannabis industry matures, colleges and universities across the country are adapting to meet the demand for a skilled and knowledgeable workforce. With the national industry supporting an estimated 425,000 full-time jobs, higher education...Featured
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