Green Thumb CEO has dire outlook on federal marijuana reform prospects
Green Thumb Industries CEO Ben Kovler offered a bleak outlook on national marijuana reform and sharp criticism of federal agencies under the Trump administration during a recent earnings call. “At the moment, it’s hard to think anything will fundamentally...
MediPharm to sell British Columbia cannabis facility to Rubicon for $4.5M
Canadian cannabis company MediPharm Labs Corp. plans to sell its facility in Hope, British Columbia, to Rubicon Organics for $4.5 million in cash. The transaction, expected to close in the second quarter, includes a building, land and some equipment, according to a...
DC authorities shutter 25 unlicensed marijuana stores during crackdown
Authorities in Washington, D.C., say they have shut down 25 unlicensed marijuana “gifting stores” over the past six months. Using new powers granted in 2024, the District of Columbia’s Alcoholic Beverage and Cannabis Authority (ABCA) has been cracking down on...
From client to co-founder, Storz & Bickel executive on US tour to drum up cannabis business
Jürgen Bickel is not only the founder and managing director of Storz & Bickel, he’s also a longtime client of the company’s iconic cannabis smoking device. The medically certified product manufacturer, based in Tuttlingen, Germany, is celebrating the 25th...
Virginia governor expected to veto recreational marijuana sales legislation
Virginia appears set to remain the only state in the country with recreational marijuana legalization but without legal sales. That status quo would continue if, as widely expected, Republican Gov. Glenn Youngkin again vetoes adult-use sales legalization bills that...
Massachusetts cannabis retailer owes more than $420,000 in state taxes
A Massachusetts cannabis retailer challenging the levy of millions of dollars in municipal “community impact fees” owes the state more than $400,000 in sales taxes. Rebelle, which has outlets in Boston and Great Barrington, owes more than $424,000 in back...
MSO Curaleaf’s hemp-derived THC seltzers to hit Total Wine shelves
U.S. liquor retail chain Total Wine & More is partnering with Curaleaf Holdings to offer the cannabis multistate operator’s hemp-derived THC seltzers at more than 100 of its stores in nine markets. Curaleaf’s Select Zero Proof Hemp Seltzers will be available...
Why cannabis operators can’t ignore insurance in the era of climate change
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) Many business owners are thinking about climate change as they reflect on a historic 2024 hurricane season and anticipate what a second Trump...
Ohio GOP senators advance bill to kill marijuana social equity, limit industry
A Republican-led bill to “regulate the cannabis industry to death” passed the Ohio state Senate on a partisan vote. That’s how the state’s Democratic senators view Senate Bill 56, which, if approved by the full General Assembly and signed into...
Intellectual property of cannabis brand High Times is for sale again
The intellectual property of cannabis brand High Times, including its fading iconic magazine, Cannabis Cup events and trademarks, are back on the market, MJBizDaily has learned. The assets, which also include photographs, joke books, calendars and internet-domain...
Trulieve appoints marijuana MSO’s co-founder Pernell as new president
Trulieve Cannabis Corp. co-founder James Pernell has been appointed president of the Florida-based marijuana multistate operator. Pernell, who co-founded Trulieve with CEO Kim Rivers in 2015, has more than 20 years of experience as an entrepreneur and cannabis...Featured
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