Minnesota OKs Native American tribe to sell adult-use marijuana off its reservation
Minnesota has given the green light for the first Native American tribe to open an adult-use cannabis store off its reservation in the state. The go-head came Tuesday when Gov. Tim Walz signed a compact agreement with the White Earth Band of Chippewa allowing the...
Craft brewers seeking to cash in on hemp-derived THC beverage market
As more consumers shift away from alcohol, craft brewers seeking new avenues for growth are venturing into producing hemp-derived THC beverages. For many craft brewers, the move into THC-infused drinks is a logical extension of their expertise. ADVERTISEMENT “Alcohol...
New Delaware marijuana commissioner taking reins as adult-use launch looms
The Delaware Senate has approved cannabis attorney and lobbyist Joshua Sanderlin to lead the state’s Office of the Marijuana Commissioner. Sanderlin is the founder of Washington, D.C.-based Sanderlin Strategies, which provides cannabis law, compliance and...
Can cryptocurrencies solve cannabis business banking challenges?
New Jersey cannabis retailer Pipe Dreams has implemented a system that converts digital currencies to dollars instantly at checkout, allowing the store’s customers to use cryptocurrency for their marijuana purchases. The system, from PDX Beam, allows customers...
Rhode Island lawmakers ponder ban on hemp-derived THC beverages
Lawmakers in Maine and Rhode Island are proposing new restrictions on hemp-derived THC beverages amid a widening nationwide crackdown on the intoxicating hemp products. While a bill under consideration in Maine would require purchasers of so-called “social sodas” to...
Minnesota cannabis tax hike proposed ahead of adult-use sales launch
Adult-use marijuana sales have yet to launch in Minnesota, but state lawmakers are already proposing a tax hike. A recently announced state budget agreement would raise the gross receipts tax from 10% on sales at licensed recreational cannabis businesses to 15%,...
Trump’s nominee for DEA chief continues evasive stance on marijuana rescheduling
President Donald Trump’s choice to lead the U.S. Drug Enforcement Administration has repeatedly declined to say whether his agency will downgrade marijuana’s status under federal law. But in what might be a sign of the agency’s attitude toward the drug if Terrance...
Total marijuana sales in Missouri up nearly 5% from April 2024
Sales of recreational and medical marijuana sales in Missouri reached $125.9 million in April, an increase of 4.86% year-over-year. However, total monthly sales in Missouri were down from $130.95 million in March, Greenway Magazine reported, citing Division of...
Why resilience isn’t optional in cannabis – it’s the business model
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) If you’ve been following the headlines, you’d think tariffs are about to break the back of the cannabis industry. The noise is loud,...
Michigan recreational marijuana sales down in April despite 4/20 celebration
Recreational marijuana sales in Michigan dropped in April despite the annual 4/20 celebration. Adult-use sales in the state fell to $270 million in April, down from $276 million in March and $277 million in April 2024, according to a monthly report from Michigan’s...
Cannabis business owners invited to share insights in MJBiz Factbook survey
The MJBizDaily editorial team is asking business owners, executives and entrepreneurs in the marijuana and hemp sectors to participate in the annual MJBiz Factbook business survey. MJBizDaily is committed to delivering high-quality content that is both informative and...Featured
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