Cannabis operators strive to get things right as 4/20 approaches
As more retailers and brands zero in on a strong return on investment for April 20, Weed Week can quickly evolve into a make-or-break scenario for operators. Perennial concerns over systemwide outages, inventory and workforce management as well as easing in-store and...
Congressional bills would provide federal marijuana tax relief, limited descheduling
If Congress can’t – or won’t – legalize marijuana at the federal level, the least U.S. lawmakers can do is get out of the way of states with adult-use cannabis. That’s part of the impetus for two marijuana-related bills introduced in the House of...
2 California municipalities approve cannabis business tax cuts
Two California jurisdictions have approved cutting cannabis business taxes as the industry lobbies for more relief from local municipalities. Board supervisors in Sonoma County approved significant tax cuts on marijuana cultivation, slashing levies by more than half...
Arkansas governor rejects medical marijuana expansion bill
Claiming it “would expand access to usable marijuana,” Arkansas Gov. Sarah Huckabee Sanders vetoed a bill that would have legalized drive-thru windows at MMJ dispensaries in the state. House Bill 1889 also would have legalized dispensary tours and eased MMJ...
Nevada’s first cannabis consumption lounge shuttered
The first cannabis consumption lounge in Nevada has closed its doors just over a year after opening for business. The closure of Thrive Cannabis Marketplace’s Smoke and Mirrors consumption lounge, which opened in February 2024, leaves the Dazed! Consumption Lounge...
California shutters marijuana testing lab for 7 alleged violations
California regulators have suspended a prominent testing lab’s license “indefinitely” for alleged infractions that include potency inflation, according to records obtained by MJBizDaily. BelCosta Labs, headquartered in Long Beach, “engaged in activity that poses harm...
Cannabis veteran Joe Hodas is leaving infused products maker Wana Brands
Cannabis industry veteran Joe Hodas is wrapping up his last week as president of Colorado-headquartered infused products company Wana Brands. Hodas, who has led the Boulder-based company since founder Nancy Whiteman departed nearly a year ago, announced his departure...
Venture capitalist-backed marijuana store in New York sues to stop unionization
A New York City marijuana store backed by a prominent venture capitalist is fighting a unionization effort by trying to overturn a labor-friendly licensing requirement in court. Requiring marijuana businesses to sign a “labor peace agreement” with a union violates...
Return on investment is new 4/20 focus for cannabis retailers, brands
As the industry, consumers and other enthusiasts prep for another April 20 cannabis celebration, the date is taking on new importance nationwide for advocacy, unity and business. In marijuana retail, 4/20 is by far the biggest sales day of the year, rivaling the...
Missouri revokes 25 more marijuana social equity licenses
Missouri regulators on Monday revoked another 25 marijuana microbusiness licenses earmarked for social equity applicants. The Missouri Division of Cannabis Regulation (DCR) has now rescinded more than a third – 34 of 96 – of the total microbusiness...
Cannabis operator SNDL now listing its stocks on Canadian Securities Exchange
SNDL, a cannabis and liquor company based in Calgary, Alberta, is now listing its shares on the Canadian Securities Exchange (CSE). The company’s ticker symbol on the CSE is SNDL, just as it is on the Nasdaq exchange in the United States. ADVERTISEMENT The CSE...Featured
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