MJBizDaily

Second US cannabis company uplisted to NYSE to begin trading Tuesday

Shares in California medical cannabis cultivator Glass House Group will begin trading at the NYSE on Tuesday, the company said.

Why cannabis businesses need to apply for DEA registration now – and why states must help

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Bipartisan lawmakers reintroduce SAFER Banking on eve of marijuana rescheduling hearings

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California bill would end hemp-derived THC ban – but with limits

Products with limited amounts of hemp-derived THC would be legal in California again under a bill recently introduced in the state Legislature.

News January 8

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Cannabis financial services firm Safe Harbor cuts $1.2M liability in new deal

Cannabis industry finance company Safe Harbor Financial has eliminated $1.2 million of indemnity liability through a four-year extension and modification of its agreement with Partner Colorado Credit Union.

News January 8

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Colorado shut out of marijuana rescheduling hearings by ‘biased’ DEA, filing alleges

The U.S. Drug Enforcement Administration rejected a September request from Colorado officials to participate in the United States' historic marijuana rescheduling process.

News January 8

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Ohio recreational cannabis sales surpass $242 million in 2024

Ohio recreational cannabis retailers recorded $242.2 million in sales in 2024 - only five months after the state launched its adult-use market.

News January 7

Finance experts mixed on prospects of marijuana capital infusion post-rescheduling

Finance experts disagree over the validity of rumors about a "wall of capital" entering the cannabis sector if marijuana is rescheduled.

News January 7

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Agrify sells cannabis cultivation business for $7 million

Cannabis company Agrify Corp. on Monday announced a deal to sell its cultivation operation for $7 million to an investment firm affiliated with former CEO Raymond Chang.

News January 6

Marijuana operator Canopy USA appoints Jorgensen as first president

Canopy USA, the American-based holding company of Canadian marijuana operator Canopy Growth Corp., has appointed M. Brooks Jorgensen as the fledgling entity's first president.

News January 6

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Canadian cannabis operator Entourage inks deal to go private

Canadian cannabis company Entourage Health Corp. plans to go private in a deal with its primary investor and lender, a major pension fund in the country.

News January 6