MJBizDaily
The best thing to happen to New York cannabis retailers
Featured
Latest Posts
Medical marijuana extracts ruling could open a business gateway in Arizona, experts say
The Arizona Supreme Court handed the state’s medical cannabis industry a significant legal win this week by ruling that extracts – including concentrates, edibles and other infused products – are legal.…
News May 30
Exclusive: US retail marijuana sales on pace to rise 35% in 2019 and near $30 billion by 2023
Retail sales of medical and recreational cannabis in the United States are on pace to eclipse $12 billion by the end of 2019 - an increase of roughly 35% over…
News May 30
Illinois Senate approves adult-use cannabis industry
The Illinois Senate passed a recreational marijuana sales and taxation measure by a vote of 38-17 on Wednesday night. The amended measure now goes to the state House for consideration.…
News May 29
New Colorado law allows outsiders to invest in state’s marijuana industry
Colorado Gov. Jared Polis signed a bill Wednesday that for the first time opens the state’s cannabis industry to outside investors. The law is expected to bring new cash flow…
News May 29
Former US Rep. Rohrabacher joins cannabis firm BudTrader’s advisory board
Former U.S. Rep. Dana Rohrabacher, a Republican from California who lost his House seat to Democrat Harley Rouda in 2018, announced on Twitter that he has become a shareholder and advisory…
News May 29
Marijuana retailer Green Growth Brands logs quarterly net loss of $15.4 million
Green Growth Brands, an Ohio-based cannabis company, reported quarterly revenue of $5.6 million for the three months ended March 31. It did not report revenues for the same quarter last…
News May 29
Cannabis group Cresco Labs sees revenue increase, loss in first quarter
Cresco Labs, a Chicago-based, vertically integrated cannabis company, reported quarterly revenue of almost $21.1 million for the three months ended March 31, up from $5.1 million in the corresponding period…
News May 29
Marijuana firm MedMen records $63.1 million loss in 3Q, slashes executive salaries
Los Angeles-based MedMen reported revenue of $36.6 million and a net loss of $63.1 million for its fiscal third quarter, ended March 30.
News May 29
Trulieve continues to buck cannabis earnings trend with increased Q1 profit
Florida-based Trulieve Cannabis Corp. reported revenue for the first quarter of $44.5 million, nearly triple the $15.2 million recorded a year ago.
News May 29
Latest Sponsored
