There’s room for new cannabis brands, even in mature markets, executives say
Economists following state-regulated marijuana markets believe consolidation is inevitable and that U.S. consumers eventually will see the same handful of brands at every retail outlet. But three Colorado companies that produce cannabis-infused gummies prove there is...
Farming techniques could boost CBD, hemp study infers
A new study on hemp microorganisms could ultimately help researchers, scientists and growers boost production of CBD and other valuable compounds such as terpenes. The University of Houston study – titled “Microbiome diversity and variations in industrial hemp...
Biden commutes nearly 2,500 nonviolent drug sentences; marijuana impact unclear
President Joe Biden on Friday commuted the sentences of almost 2,500 nonviolent drug offenders locked up in federal prisons. The White House issued a short statement that did not identify individuals impacted nor specify if marijuana-related offenders were included....
Cannabis MSO Ascend Wellness to issue $15 million in senior secured notes
Cannabis multistate operator Ascend Wellness Holdings plans to issue $15 million in senior secured notes for such “general corporate purposes” as growth initiatives. The notes, expected to be issued at 97% of face value, are part of a $235 million debt...
Biden can, and should, pardon nonviolent marijuana offenders
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) President Biden’s recent decision to pardon his son Hunter underscores a painful hypocrisy in our justice system. While Hunter Biden walks free,...
Lobbying groups unite to form US Cannabis Roundtable
The National Cannabis Roundtable and the U.S. Cannabis Council – two large lobbying groups that advocate on behalf of the state-regulated marijuana industry in Washington, D.C. – are merging to form the US Cannabis Roundtable. The unified group represents...
New Florida adult-use marijuana legalization campaign launches
The campaign behind last fall’s failed adult-use marijuana legalization push in Florida is gearing up to try again in 2026. This time, Smart & Safe Florida – which medical marijuana companies supported to the tune of $153 million in 2024, most of it from...
Indiana GOP lawmakers introduce adult-use cannabis legalization bill
A group of Republican lawmakers in Indiana have introduced a bill to legalize an adult-use cannabis market. House Bill 1630, which was introduced by State Rep. Heath VanNatter, would establish a regulated program and allow those 21 and older to purchase, possess and...
Marijuana e-commerce platform Leafly transitions to OTC after Nasdaq delisting
Marijuana e-commerce platform Leafly Holdings’ shares will be delisted from the Nasdaq stock market on Jan. 17 after the exchange’s hearings panel determined the company didn’t earn the required minimum $500,000 in net income from operations. Leafly, which has a...
Banking, veterans and research top priorities for Congress, new Cannabis Caucus chair says
If U.S. Rep. Dina Titus has her way, the 119th Congress will finally pass cannabis banking reform as well as bills easing military veterans’ access to medical marijuana and researchers’ abilities to study the drug. If all that sounds familiar – or like a crass...
Nebraska medical marijuana legalization lawsuit now includes more state officials
A former Nebraska state senator has added a half-dozen state officials to a lawsuit seeking to undo voter-approved medical marijuana legalization. John Kuehn, who is also a former member of the state’s Board of Health and a co-founder of anti-cannabis...Featured
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