Cannabis companies still standing after reset are ‘well positioned to thrive’
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) Over the past five years, the cannabis industry has experienced intense growing pains. Capital overspending, regulatory friction and tax headwinds...
Lab licensing spurs hopes that Alabama’s medical marijuana logjam will end
There’s still nowhere to buy medical marijuana in Alabama and no clear idea of when all that will happen. But testing for the drug will be available soon. ADVERTISEMENT That’s the upshot after a commercial cannabis testing lab on Tuesday received a license from the...
Aurora Cannabis denies reports it acquired another operator
Canadian operator Aurora Cannabis on Wednesday denied reports that it had agreed to acquire New Zealand-based MedLeaf Therapeutics. According to a company news release, Aurora “has not entered into any such agreement, has had no discussions with MedLeaf...
Printed and dyed marijuana rolling papers could pose health risks
After discovering a study revealing alarming levels of heavy metal contamination in printed marijuana rolling papers, Custom Cones USA discarded its inventory and stopped producing them. The study, conducted by researchers at Lake Superior State University, analyzed...
‘Communist cannabis’: Maryland hemp operators ask judge to redo regulations
A group of 11 Maryland hemp operators is suing the state in federal court as part of an ongoing quest to overturn a 2023 law that requires them to obtain a marijuana license to sell THC products. In filings made Monday, the group asked a federal judge to either order...
Marijuana brand High Times to return after $3.5 million acquisition
Raw Rolling Papers founder Josh Kesselman and Matt Stang, a former co-owner of High Times, paid $3.5 million to acquire the marijuana-centric counterculture magazine and brand. The all-cash deal also includes the Cannabis Cups, which will be reintroduced with...
Cookies wins $22.7 million from partner; fate of branded cannabis stores unknown
Cookies, one of the most recognizable brands in the cannabis space, is set to collect $22.7 million from a nationwide retail partner that failed to pay agreed-upon royalties and misused the company’s recognizable intellectual property to raise capital, according...
California moves to make hemp-derived THC ban permanent
California health officials are moving to make permanent the state’s emergency ban on hemp-derived THC products. If the proposed rules published Friday by the state Department of Public Health become law later this summer, “no detectable THC” will be allowed in “hemp...
Maine is pushing medical cannabis testing to next year
Maine lawmakers have carried over a bill into 2026 that would have implemented testing and tracking requirements for the state’s medical cannabis industry. The state requires adult-use cannabis to be tested for contaminants and potency, but the medical marijuana...
New TheraTrue CEO believes employee loyalty key to marijuana business’ growth
As medical marijuana operator TheraTrue enters its next phase of growth, it’s brought on a new CEO with experience in expanding cannabis businesses. Chris Ras joined TheraTrue as CEO just as the Atlanta-based company is undergoing an expansion in Ohio. ADVERTISEMENT...
Cannabis company 4Front Ventures files for bankruptcy in Canada
Phoenix-based cannabis operator 4Front Ventures Corp. has initiated bankruptcy proceedings in Canada under that country’s Bankruptcy and Insolvency Act. The move comes less than a month after the company’s subsidiaries filed for voluntary receivership in...Featured
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