Total ban on hemp-derived THC passes Texas Senate
A total ban on hemp-derived THC products championed by one of Texas’s most powerful politicians has passed the state Senate. Senate Bill 3 passed on a 24-7 vote on Wednesday, the Texas Tribune reported. ADVERTISEMENT If signed into law, the bill would outlaw...
Canadian cannabis companies look overseas as domestic market saturates
Facing a saturated market and intense competition domestically, Canadian cannabis companies are exporting more of their products overseas. The cannabis export market is an opportunity for marijuana businesses to tap into new revenue streams and mitigate the impact of...
Cannabis vape maker Blinc Group files for bankruptcy
Cannabis vape manufacturer The Blinc Group cited $1 million in liabilities in its Chapter 7 bankruptcy filing in New York. The list of creditors included in the March 14 filing indicates the privately held company hasn’t paid taxes, suppliers, media or public...
How to take your marijuana brand global
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) Expanding a marijuana brand across international markets is a thrilling and challenging endeavor. The global cannabis industry is experiencing...
North Carolina lawmaker introduces adult-use cannabis legalization bill
North Carolina hasn’t legalized medical marijuana yet, but one state lawmaker wants to go straight from criminalization to a regulated adult-use cannabis market. That’s state Rep. Jordan Lopez’s ambition with the introduction on Monday of House Bill 413, the Marijuana...
Michigan recreational marijuana prices plunge 30% from 2024
Recreational marijuana prices in Michigan dropped nearly 30% in February compared to a year ago, according to a monthly data report from the state’s Cannabis Regulatory Agency. The average retail price for an ounce of recreational cannabis flower dropped to...
New CEO aims to transform Safe Harbor from cannabis lending to fintech
Terry Mendez is implementing sweeping changes at Safe Harbor Financial to diversify its core business and improve its standing as a publicly traded company. The newly appointed CEO, who took over in February after the retirement of Sundie Seefried, wants to transform...
Trulieve, Cresco lobbying Pennsylvania to legalize adult-use marijuana, report says
Major marijuana multistate operators are betting big on Pennsylvania to be the next state to legalize adult-use marijuana. According to Spotlight PA, MSOs Trulieve Cannabis Corp. and Cresco Labs were among 26 marijuana companies that spent more than $1.6 million...
Minnesota extends cannabis license application deadline after system outage
Minnesota’s cannabis regulatory agency extended the deadline for adult-use business license applications after the computer system shut down for maintenance. California-based Accela, the Office of Cannabis Management (OCM)’s third-party vendor, shut down the...
Will marijuana rescheduling happen under Trump? Industry’s doubts grow
President Donald Trump’s choices over his first 50 days in office, including appointments to lead the federal drug and health agencies, are sowing serious doubts that marijuana’s status under federal law will change anytime soon. That’s the gloomy vibe lurking...
Health Canada eases cannabis industry burden in regulations update
Health Canada has updated regulations governing the nation’s cannabis operators to address industry challenges while keeping intact public health and safety standards. The updates to the nation’s Cannabis Act as well as the Cannabis Regulations and Hemp...Featured
1
Latest Sponsored
