US cannabis stocks are trading on Robinhood. What does it mean?
Stocks in plant-touching cannabis multistate operators began trading on the brokerage app Robinhood, about a month after federal medical marijuana rescheduling, company executives said Friday. Green Thumb Industries appeared to be the first cannabis MSO to the punch,...
California cannabis sales dip slightly again in first quarter of 2026
California’s licensed cannabis retailers reported $956.7 million in sales in the first quarter of 2026, down slightly from $976.5 million in the same period a year earlier, according to state data. First-quarter sales were also below the $1.07 billion reported in the...
Cannabis payments are facing a reckoning as workarounds disappear
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) For most of its state-legal life, the cannabis industry has relied on a series of workarounds in lieu of traditional payment systems such as debit...
Minnesota merges medical and adult-use cannabis supply chains
Minnesota will combine its separate medical and adult-use cannabis supply chains under the state’s 2026 Omnibus Cannabis Bill, signed into law Tuesday by Gov. Tim Walz. The law also replaces the current medical combination license with eight “macrobusiness” licenses,...
Cannabis MSO sells off Massachusetts retail permit ‘on the low side’ for $1 million
A cannabis multistate operator recently sold a retail permit for an as-yet unopened cannabis store in a Boston suburb for $1 million, which local media reported is a buyer-friendly price. Arizona-based Mint Cannabis, which has locations in five states, transferred its...
How small cannabis operators are preparing for interstate commerce
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. Amanda Strickland believes Arkansas’ medical-only cannabis market may be in an ideal position to start...
Three states join fight against marijuana rescheduling as deadline looms
Ahead of a key deadline for participation in hearings next month on marijuana’s status, attorneys general from three states have asked a federal judge to undo the Justice Department’s historic reclassification of medical cannabis to a Schedule 3 drug. The petition...
Vireo Growth’s latest deals see cannabis MSO expand to real estate, agribusiness
Cannabis multistate operator Vireo Growth’s latest pickups in its ongoing buying spree are seeing the company look beyond plant-touching marijuana companies and into real estate and agriculture technology. On Tuesday, the Minneapolis-based MSO announced the $88.5...
New York promises cannabis operators help to pay for track-and-trace
Compliance with new seed-to-sale track-and-trace requirements can be costly, but cannabis operators in New York may be able to seek at least partial assistance covering the bill. As part of a pending state budget deal negotiated by state Assemblymember Landon Dais, a...
Cannabis MSO Curaleaf prepares for uplisting on US stock exchanges
Cannabis multistate operator Curaleaf Holdings is preparing to uplist to a major U.S. stock exchange if “ongoing regulatory developments” allow it, the company said in a statement Tuesday. In preparation, the company announced it will execute a 1-for-3...
Major consolidation in Virginia cannabis as Boston-based fund takes over second permit
Legal adult-use cannabis retail sales in Virginia are on indefinite hold as lawmakers and Gov. Abigail Spanberger quibble over the best way to launch a potential billion-dollar market. In the meantime, in a sign of consolidation that’s alarming small-business...Featured
1
Latest Sponsored
