MediPharm cancels $5.5 million sale of Ontario cannabis facility to Kensana
Canadian cannabinoid company MediPharm Labs Corp. is halting the previously announced sale of its Napanee, Ontario, facility to Kensana Health. The company terminated the $5.5 million sale of its ABcann Medicinals subsidiary because Ontario-based Kensana Health did...
Claims of marijuana testing lab fraud hit New York’s $1 billion adult-use market
Familiar allegations of marijuana testing lab fraud – including vape oil cartridges with “certified” total cannabinoids of more than 100% – are now roiling the adult-use market in New York. Accusations that labs are inflating THC potency to...
Tennessee hemp merchant sues police for $850,000 after shipment seized
A hemp merchant is suing Tennessee police for $850,000, claiming that authorities allowed hundreds of pounds of federally compliant hemp seized in a traffic stop to spoil and become illegal marijuana. According to a federal civil rights complaint filed Friday, Andrew...
Hawaii House kills recreational marijuana bill again
Efforts to legalize recreational marijuana and establish a retail program in Hawaii have been thwarted again by the Legislature’s more conservative House of Representatives. House Bill 1246, which would have established a regulatory agency to oversee adult-use and...
MSO iAnthus selling cannabis stores, cultivation facility in Arizona
Cannabis multistate operator iAnthus Capital Holdings is selling two Arizona marijuana stores and a cultivation facility to Sonoran Roots for $36.5 million. The price will consist of $20 million in cash payable at closing and a $16.65 million secured promissory note...
What does the marijuana industry have in common with Harley-Davidson?
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) Harley-Davidson’s struggles in the past decade offer a cautionary tale for the marijuana industry. From 2014 to 2023, Harley-Davidson’s sales...
Village Farms subsidiary set to begin cannabis deliveries in Netherlands
Village Farms International’s recent acquisition in the Netherlands was slated to begin cannabis deliveries to Dutch coffee shops on Thursday. The company’s wholly owned subsidiary, Leli Holland, completed its first harvest in December at its indoor cannabis...
Marijuana makes Broadway premiere in Playbill theater magazine ad
New York cannabis retailer The Travel Agency has become the first marijuana business to advertise in Playbill, the magazine serving Broadway and Off-Broadway theater enthusiasts. The advertisement, which directs theatergoers to “Experience a Matinee for Your Mind,”...
Illinois posts record $2 billion in cannabis sales in 2024
Total sales of adult-use and medical marijuana in Illinois topped a record $2 billion in 2024. With $1.72 billion in recreational cannabis sales and $285.1 million in medical marijuana sales, according to state data, Illinois has the third-biggest sales market in the...
Minnesota to open adult-use marijuana licensing this month
Prospective operators in Minnesota’s impending adult-use marijuana market can begin submitting business license applications on Feb. 18. The licensing window will be open until March 14, according to a news release from the state’s Office of Cannabis...
Is women’s health the key to reviving the cannabis industry?
Many U.S. states have embraced medical cannabis as a treatment for various ailments, yet women’s health issues remain largely overlooked as qualifying conditions by many MMJ programs. While ailments such as cancer, epilepsy and chronic pain are commonly recognized in...Featured
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