How cannabis cultivators are responding to rising energy costs
Key points: U.S. electricity costs rose 5.9% over the 12 months that ended May 31, creating another pain point for cannabis cultivators running energy-intensive operations. Increased usage thanks to artificial intelligence data centers and increased fuel costs...
Second US cannabis company uplisted to NYSE to begin trading Tuesday
Shares in California cannabis cultivation powerhouse Glass House Group will begin trading on the New York Stock Exchange on Tuesday, the company announced. The second U.S.-based plant touching marijuana company to list on the NYSE after Florida marijuana multistate...
Louisiana drops out of federal marijuana rescheduling challenge
The state of Louisiana withdrew from its official opposition to reclassifying cannabis as a medicine and won’t participate in U.S. Drug Enforcement Administration hearings that begin next week, a new filing shows. One of four states granted “interested party” status...
Hemp THC beverages returning to Ohio shelves after court ruling
Certain intoxicating hemp-derived THC beverages are returning to the shelves at Ohio liquor stores and other mainstream retailers as a court challenge continues. A federal judge on June 15 temporarily blocked enforcement of a new law restricting hemp THC products to...
Bipartisan lawmakers reintroduce SAFER Banking on eve of marijuana rescheduling hearings
In the days before a U.S. Drug Enforcement Administration hearing to consider adult-use cannabis’ status under federal law, bipartisan groups of lawmakers in both houses of Congress reintroduced bills that would offer long-sought-after protections for financial...
Why cannabis businesses need to apply for DEA registration now – and why states must help
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) So far, most discussion in the broader cannabis community of the U.S. Drug Enforcement Administration’s upcoming federal marijuana rescheduling...
Major labor strike threatens Illinois cannabis supply chain, union says
Hundreds of unionized employees at a marijuana multistate operator-owned Illinois cultivation facility walked off the job Thursday in what could be one of the biggest labor stoppages the legal cannabis industry has seen to date, according to union officials. In an...
Massachusetts cannabis industry launches campaign to stop adult-use sales repeal
Massachusetts cannabis businesses and their allies launched a campaign Thursday to defeat a controversial voter initiative, set to qualify for the November ballot, that would repeal adult-use sales in the $1.65 billion market. The Stop the Repeal campaign debuted on...
How Aurora Cannabis plans to enter the US market
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. Though Aurora Cannabis is based in Canada, CEO Miguel Martin is keeping a close eye on the U.S. marijuana...
Connecticut to boost cannabis industry participation with tribal compact
Tribal cannabis could soon be coming to Connecticut, where operators in the limited-license state have to date enjoyed limited competition. That’s after Gov. Ned Lamont last week signed a compact with the Mashantucket Pequot Tribe, the latest example of a state...
California city legalizes cannabis consumption lounges, but national progress uneven
The Sacramento, Calif. City Council has cleared a path for cannabis consumption lounges in the capital of the country’s biggest individual cannabis market. Meanwhile, would-be consumption lounge operators in Massachusetts are still waiting for final changes that...Featured
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