MJBizDaily

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Bipartisan lawmakers reintroduce SAFER Banking on eve of marijuana rescheduling hearings

Reintroduced in both houses of Congress on Thursday, the SAFER Banking Act is still necessary even after federal medical cannabis rescheduling - and stands the best-ever chance of passage with...

Latest Posts

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The rapid collapse of MedMen co-founders’ latest marijuana venture

The latest foray into the legal marijuana industry by MedMen Enterprises co-founders Adam Bierman and Andrew Modlin rapidly collapsed amid lawsuits alleging unpaid bills and a dispute with a business…

News February 19

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Inactive marijuana business licenses in California outnumber active permits

In another troubling sign of the times, the number of inactive marijuana business licenses in California now surpass active permits.

News February 18

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Switzerland charts conservative course for adult-use cannabis legalization

In a significant step forward for cannabis legalization in Europe, a parliamentary commission in Switzerland has proposed a law that would allow regulated adult-use sales.

News February 18

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Marijuana operator Story Ohio secures $15 million loan for expansion

Story of Ohio got a $15 million loan from Advanced Flower Capital to support its expansion in Ohio’s adult-use marijuana market.

News February 18

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Despite finding unlikely allies, cannabis industry still struggling with debanking

The U.S. cannabis industry might have finally found a receptive audience in Washington, D.C., to hear its pleas after years of facing debanking incidents nationwide.

News February 18

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Study: Artificial cannabinoids, illegal THC potencies in hemp shipped to California

A new study by a group of licensed cannabis businesses and affiliates highlights the widespread presence of synthesized cannabinoids and THC limits far exceeding California law in dozens of products…

News February 14

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Quebec cannabis retailer SQDC reports income of CA$40.5 million

Quebec’s government-operated marijuana retailer, Société québécoise du cannabis, reported income of 40.5 million Canadian dollars ($28.6 million) for its fiscal third quarter, which ended Jan. 4.

News February 14

Chinese marijuana vape-tech giant ran illegal monopoly, lawsuit claims

Marijuana vape maker Shenzhen Smoore Technology orchestrated an illegal monopoly to squash competition, a new class action lawsuit claims.

News February 14

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Germany’s cannabis market is evolving, but elections loom

German voters will decide Feb. 23 between the Social Democratic Party and the Christian Democratic Union. If voters choose the CDU, cannabis reforms could slow or even be reversed.

News February 14