MJBizDaily

Illustration of a bullish stock market with green trading candles and up arrows and a vibrant glowing green background

What Curaleaf’s hostile takeover bid for Aurora Cannabis is really about

Curaleaf Holdings claims its takeover bid for Aurora Cannabis is a premium over Aurora's current valuation. But there's more to it than that - including cash, debt and market position.

Texas rejected a hemp THC ban. Why is the industry being regulated out of business?

News

Latest Posts

Image of the Warwick Neck Lighthouse in Rhode Island

Rhode Island to reset cannabis retail licensing, refund applicants and start over

Rhode Island is restarting its licensing rollout after the residency requirement froze the first round of applications.

News July 27

Image of a downward arrow depicting a business decline

The cannabis industry is having a price compression crisis. What’s the solution?

U.S. cannabis sales declined year over year for the first time on record, falling from $32 billion to $29.94 billion.

News July 27

Image of a cannabis leaf atop a map of Canada

Report: Illegal cannabis diversion from Canada a growing problem in Europe

Cannabis diversion, a problem across the United States, is now keenly felt in Europe, where authorities are blaming Canadian cannabis legalization for a sharp increase in seizures.

News July 24

Mass layoffs at two California cannabis manufacturers

Most of the affected workers are production technicians, many of whom are represented by United Food and Commercial Workers Local 5.

News July 24

Shirts referencing the newly legal marijuana market in New York City.

State fairs are the ideal place for an honest conversation about cannabis

For the first time ever, a booth dedicated to advocating for cannabis consumers and the industry that serves them will be at the New York State Fair.

News July 24

Image of the tops of seven canned beverages with cannabis buds sitting atop the center can

Can state-regulated hemp THC businesses continue under Schedule 1?

States may continue to regulate hemp THC products even after a federal ban passes in November – but that might not be enough to keep them in business.

News July 23

Image of Forsyth Park in Savannah, Georgia

Rapid growth for Georgia medical cannabis industry since reform

Georgia's medical cannabis program now tops 40,000 patients, with 4,700 joining since new rules added edibles, vapes and new conditions.

News July 23

Story Cannabis CEO Jason Vedadi (Courtesy photo)

The cannabis CEO behind a $2.1 billion sale bets again, but smaller

After selling Harvest to Trulieve for $2.1 billion, Jason Vedadi runs Story Cannabis, betting on profit over footprint as rescheduling looms.

News July 23

Image of Steven Preece in Rair Co.'s production facility

Bankrupt marijuana MSO Cannabist breakup continues with New Jersey cultivation closure, retail selloff

Two cannabis cultivation sites in New Jersey operated by The Cannabist Co. will close while another three retailers will be sold to competitor Vireo Growth as part of bankruptcy proceedings.

News July 22