MJBizDaily
Congress barely understands hemp THC. Lawmakers should learn and regulate – not ban
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Ontario Cannabis Store expects CA$25 million loss despite monopoly advantage
The Ontario Cannabis Store (OCS) is expecting to lose 25 million Canadian dollars ($18.7 million) in the first full year of the country’s new adult-use market, even though it had a…
News April 12
AG Barr shows openness to federal law protecting state-legal cannabis programs & more of the week’s top MJ news (SLIDESHOW)
The U.S. attorney general could be warming to the idea of a federal law that protects state-legal marijuana programs, a California committee kills a measure to overturn a policy allowing licensed…
News April 12
Kline to serve as National Cannabis Industry Association director of public policy
The National Cannabis Industry Association (NCIA) hired a new director of public policy to lead efforts by the largest marijuana trade group to ensure its voice is heard in Washington…
News April 11
Marijuana packaging firm KushCo: Higher Q2 2019 revenue, but increased losses
KushCo Holdings, a California-based cannabis packaging group, reported revenue of $35.2 million for its fiscal second quarter ended Feb. 28, 2019. This compares with $10.4 million net revenue for the…
News April 11
Cannabis banking bill reintroduced in US Senate
A bipartisan group of more than 20 U.S. senators on Thursday reintroduced the Secure And Fair Enforcement (SAFE) Banking Act to protect financial institutions that serve state-legal cannabis businesses from federal…
News April 11
PA regulators allege Harvest Health misrepresented its state marijuana holdings
Pennsylvania regulators are threatening to take away the medical marijuana dispensary licenses of Arizona-based Harvest Health & Recreation for allegedly misrepresenting its cannabis holdings in the state. The issue stems…
News April 11
Illinois OKs Cresco Labs’ plan to open three more medical cannabis dispensaries
Chicago-based Cresco Labs, a multistate cannabis company, received regulatory approval to acquire a trio of medical marijuana dispensary locations in Illinois. According to a news release, the Illinois Department of…
News April 11
Marijuana firm Trulieve posts massive Q4 net income and revenue gains
Trulieve Cannabis Corp. posted massive fourth-quarter revenue for 2018 and net income gains fueled by the multistate operator’s market-leading position in Florida, the company said in an earnings release. Trulieve…
News April 11
Saskatchewan marijuana growers eligible for agriculture grants
Saskatchewan’s Ministry of Agriculture is allowing cannabis cultivators operating in the province to access cost-sharing grants funded through the Canadian Agricultural Partnership (CAP), a joint federal-provincial program to boost agriculture…
News April 11
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