MJBizDaily

Latest Posts

, Home

Aurora Cannabis reports revenue of CA$99 million, a 418% jump

Alberta-based Aurora Cannabis reported net revenue of 99 million Canadian dollars ($75 million) in its most recent quarter, a 418% increase from CA$19 million in the same quarter last year.…

News September 11
, Home

Federal crackdown on e-cigarette vaping could have broader ramifications for marijuana industry

President Donald Trump and Congress are taking aim at the nation’s vaporizer industry, raising questions over whether a possible crackdown could produce fallout for the legal cannabis space. Marijuana industry…

News September 11
Marijuana research

DEA wants to expand cannabis grown for research by 31%

The U.S. Drug Enforcement Administration (DEA) is proposing an increase in the amount of marijuana that would be grown for research by almost a third over 2019’s level and nearly…

News September 11
, Home

Massachusetts mayor deposed for allegedly ripping off marijuana firms

A Massachusetts mayor charged with extorting hundreds of thousands of dollars from cannabis companies has been temporarily ousted from office.

News September 11
, Home

Weedmaps reiterates pledge to drop illicit marijuana retailers; L.A. dispensary group calls for immediate fines amid vaping crisis

Online marijuana advertising giant Weedmaps has offered more details on its plan to remove unlicensed cannabis retailers from its website. But a Los Angeles-area trade organization said it's not satisfied…

News September 11
, Home

FDA deadline to comment on international rescheduling of cannabis nears

The U.S. Food and Drug Administration (FDA) reopened a comment period for public input in preparation for the international discussion to reschedule marijuana  as recommended by the World Health Organization (WHO). The…

News September 11
Aerial image of downtown Colorado Springs with Pikes Peak in the background

Medicine Man Technologies buying Colorado marijuana firm for $31 million

Denver-based Medicine Man Technologies continues its recent acquisition tear, announcing on Wednesday it is paying $31 million in stock and cash for Strawberry Fields, a cannabis operator based in Colorado…

News September 11
, Home

Aurora Cannabis closes new loan deal worth as much as CA$200 million

Alberta-based Aurora Cannabis closed an expansion of a loan deal with three of Canada’s biggest banks, making it among the largest nonconvertible debt facilities in the marijuana industry to date,…

News September 11
Image of Miami skyline viewed through two palm trees

Florida’s medical cannabis industry has only one truly dominant player

Florida’s medical marijuana market is often described by industry watchers as an oligopoly – dominated by a few vertically integrated operators. But it isn’t. The reality is that the roughly…

News September 11
MJBizCon Logo