MJBizDaily
Congress barely understands hemp THC. Lawmakers should learn and regulate – not ban
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Adult-use marijuana advances in New Mexico as panel OKs legalization bill
Adult-use marijuana legalization appears to be gathering steam in New Mexico under a Democratic-controlled Legislature and a new governor who supports recreational MJ if there are adequate safeguards.
News February 25
Another Caribbean nation to legalize medical cannabis, decriminalize adult use
After 15 months of public consultation, Saint Kitts and Nevis is ready to follow regional neighbors in developing a medical cannabis industry. In a statement to the National Assembly, Prime…
News February 25
Peru lays groundwork for commercial medical cannabis production, sales
More than one year after Peru legalized medical cannabis, the South American country published a regulatory decree providing clarity about how the program will work, including possible cultivation and manufacture of…
News February 25
Chart: Adult-use marijuana sales spike 7% on Valentine’s Day
Valentine’s Day isn’t just an opportunity to express love, it’s also an opportunity to spend - a trend that is reflected in retail marijuana expenditures in several adult-use markets.
News February 25
‘Inundated’ CA credit union suspends new applications from cannabis firms
A small credit union in Sonoma County, California, is hitting pause on processing applications for marijuana companies because it's trying to deal with a backlog of cannabis businesses clamoring for…
News February 22
Ontario’s lousy adult-use cannabis sales decline again; Canada sees modest growth
Ontario was the only province in Canada to see lower month-over-month sales of adult-use cannabis in December, according to new Statistics Canada data – the latest sign that the provincial…
News February 22
Green Thumb acquires marijuana products brand Beboe
Green Thumb Industries of Chicago has closed its acquisition of Los Angeles-based For Success Holding Co., owners of the Beboe marijuana products brand. The value of the deal, described as…
News February 22
Major Canadian pension fund loads up on cannabis stocks
One of Canada’s biggest pension managers increased its stake in Canopy Growth and took positions in three more Canadian cannabis companies recently, giving a vote of confidence to long-term investors…
News February 22
MA blames cannabis retailer, not traceability system, for product shortage
Massachusetts’ marijuana czar disputes a claim by a Salem cannabis retailer this week that flaws in the state’s traceability system caused the store to run out of flower. Steven Hoffman, chair of…
News February 22
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