Building cannabis brands that reach across markets
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) Consumers can be a perplexing group – and even contradictory – especially in an industry as new and complex as cannabis. This makes...
Marijuana sales-tax challenge heads to Missouri Supreme Court
A Missouri lawsuit challenging double taxation by local and county municipalities on marijuana sales will be heard by the state Supreme Court. Robust Missouri Dispensary 3 is asking the high court to uphold a lower court ruling that St. Louis and St. Charles counties...
Cannabis producer Organigram closes final tranche of CA$124.6M funding
Canadian cannabis producer Organigram Holdings closed on the final of three tranches of an overall investment of 124.6 million Canadian dollars (roughly $87 million) from a wholly owned subsidiary of British American Tobacco. The British American Tobacco subsidiary,...
Texas senator pitches medical marijuana program expansion, hemp THC ban
A Texas lawmaker wants to end the state’s nation-leading, $3 billion hemp-derived THC market while also expanding its notoriously restrictive medical marijuana program that bans all but extremely low THC products. State Sen. Charles Perry, a Republican, presented...
Pre-rolls close in on top cannabis sales spot in Canada
Cannabis sales in Canada dropped last year, but pre-roll sales continued to rise and are on the verge of becoming the top sales category in the country. Flower sales dropped 9.3% in 2024 and edibles plunged 12.4% last year, contributing to a total cannabis revenue...
New Jersey governor proposes stiff marijuana tax hike, new hemp levy
New Jersey Gov. Phil Murphy is proposing a significant tax hike on the state’s $1 billion adult-use marijuana industry and a new, even bigger tariff on intoxicating hemp products. Murphy’s budget includes a fivefold increase in a per-ounce cannabis tax to $15 per...
Marijuana finance company Safe Harbor modifies debt to increase cash flow
Marijuana industry finance company SHF Holdings, Safe Harbor Financial, has modified its debt with Partner Colorado Credit Union. The modification, which includes a two-year interest-only period covering February and March 2025, is expected to give Colorado-based Safe...
Women are driving the wellness revolution in cannabis
Women are driving innovation and shaping cannabis market trends, which could be the way to reinvigorate the struggling industry. As more women embrace cannabis for wellness purposes such as stress relief, sleep improvement and pain management, some brands are pivoting...
MariMed closes $11 million acquisition of Delaware marijuana company
Massachusetts-based marijuana multistate operator MariMed has closed on its $11 million acquisition of First State Compassion Center in Delaware. The deal, originally inked in July 2023, includes two medical cannabis dispensaries as well as cultivation and processing...
Greek cannabis operator Curity Pharma secures cultivation license
Greek cannabis operator Curity Pharma has been awarded a government operating license for a cultivation operation in the country. The Athens-based company has invested 20 million euros (roughly $21 million) in the facility, which spans 67,000 square meters (219,816...
Native Roots co-founder sues former marijuana business partner again
A co-founder of Denver-based Native Roots Cannabis Co. has filed a 52-page lawsuit on top of the current litigation between him and a former business partner. ADVERTISEMENT According to BusinessDen, Josh Ginsberg is suing: Peter Knobel, a former partner. Knobel’s...Featured
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