Budr acquires 3 Connecticut marijuana stores from The Botanist
Connecticut company Budr Cannabis has taken over three shops in that market from multistate operator The Botanist in a deal financed by Poseidon Investment Management. The move increases Budr’s footprint from four locations to seven, the Norwalk-based News-Times...
Cannabis staffing platform Vangst makes third acquisition in 13 months
Cannabis staffing platform Vangst has acquired Se7en Staffing & Employment Solutions, marking the Denver-based company’s third acquisition in the past 13 months. The acquisition of Missouri-based Se7en strengthens Vangst’s position as a leader in cannabis...
Texas poised to expand medical marijuana as hemp-THC ban looms
(This story was updated at 5:35 p.m. ET with more information about the rally against Senate Bill 3.) Major changes to laws affecting cannabis are afoot in Texas, where lawmakers on Sunday sent a significant expansion of the state’s limited medical marijuana program...
Village Farms divests produce business to focus on cannabis
Village Farms International is divesting its fresh produce business to focus solely on its cannabis operations. The move will allow Village Farms to increase its exposure to international cannabis markets through its export sales and Netherlands operating assets while...
Can unions ensure marijuana workers earn a livable wage?
Most marijuana workers in California don’t make enough money to meet living-wage standards across much of the state, but unionization provides a path to stability, according to a new report. Cannabis workers in the state earn a median hourly wage of $19.50, above...
Oregon ditches labor-friendly cannabis rule but will allow B2B samples at events
Oregon’s cannabis regulator, falling in line with a recent federal judge’s ruling, says it no longer will require businesses to secure agreements with labor unions to obtain state marijuana licenses. State officials indicated they will not fight U.S....
Marijuana MSO Ascend closes on $50 million private placement
Marijuana multistate operator Ascend Wellness Holdings has closed a $50 million private placement of senior secured notes. The notes, issued at 97.5% of face value, are part of a $235 million debt offering completed in July and carry an interest rate of 12.75%,...
Stop blaming Meta for failed cannabis marketing and get creative
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) We continue to hear about cannabis brands facing shadow bans, censorship or flat-out deletion of their accounts on social media. It happens,...
Judge upholds Alaska’s limitations on intoxicating hemp-derived THC products
Alaska can continue restricting the sale of intoxicating hemp-derived THC products to licensed marijuana stores after a federal judge dismissed hemp merchants’ efforts to overturn rules enacted in 2023. The May 23 ruling by U.S. District Court of Alaska Magistrate...
Germany imports record quantity of medical cannabis in first quarter
Germany imported a record of roughly 41 tons (37.2 tonnes) of medical cannabis during the first quarter of 2025. That’s nearly 4.6 times the quantity that Germany imported in the same quarter last year, according to the nation’s Federal Institute for Drugs and...
Marijuana industry debt crisis intensifies as lenders circle overleveraged operators
As spurned lenders begin to encircle marijuana companies owing an estimated $3 billion in collective debt coming due soon, one overleveraged operator is resorting to what observers say are increasingly creative and desperate methods to protect assets from liquidation....Featured
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