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...

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Oregon marijuana businesses challenge voter-approved pro-labor law

Two Oregon marijuana businesses have filed a lawsuit challenging a law approved by voters in November requiring operators to enter labor peace agreements.

News February 13

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Some in cannabis industry hopeful after Kennedy confirmed as health secretary

Cannabis interests struck a hopeful note as the U.S. Senate on Thursday confirmed Robert F. Kennedy Jr. as the next health secretary on a mostly party line vote.

News February 13

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Ohio recreational marijuana sales exceed $319 million in 6 months

Recreational marijuana sales in Ohio hit $319.6 million in the six months since adult use launched in August - far more than the $14.5 million taken in by the state's…

News February 13

Cannabis testing lab fraud can be curbed if industry is ‘part of the solution’

To eliminate testing lab fraud, the cannabis industry needs to say, "We're not OK with doing this, and let's be part of the solution."

News February 13

Marijuana financier Chicago Atlantic BDC secures $100 million credit line

Marijuana business financier Chicago Atlantic BDC closed a $100 million senior secured revolving credit line led by a Federal Deposit Insurance Corp.-insured financial firm.

News February 12

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Massachusetts renews cannabis tracking contract with Metrc

Massachusetts renewed its contract with cannabis seed-to-sale software provider Metrc, an agreement the parties have had since the state’s first adult-use stores opened in 2018.

News February 12

New Jersey proposal would weaken local control over recreational marijuana

Medical cannabis dispensaries in New Jersey could bypass local bans and start selling recreational marijuana without municipal approval if a bill recently introduced in the state Senate becomes law.

News February 12

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5 utility-bill errors that prove costly for indoor cannabis growers

Electricity costs are the second-largest operational expense for indoor cultivation facilities - right after labor.

News February 12

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Trump taps career DEA official to lead agency, oversee marijuana rescheduling

President Donald Trump’s choice to lead the U.S. Drug Enforcement Administration is Terrance Cole, a career DEA official currently serving as a top law enforcement official in Virginia.

News February 11