MJBizDaily

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Why cannabis banking reform alone won’t solve payment processing woes

Cannabis operators that rely on large B2B cannabis payments need a viable payment solution, and federal banking reform by itself won't provide it.

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How a beer scion entered the cannabis industry for the long haul

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Image of interior of a Curaleaf marijuana store.

Curaleaf rolls out Spanish-language cannabis experience

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Image of retail staff serving customers on 4/20 at Greenlight Garage in Springfield, Missouri.

The first World Cup with legal cannabis means more than a sales boost for retailers

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Cannabis companies finally gain US bankruptcy access

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Latest Posts

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Cannabis industry relief efforts underway as wildfires rage across Los Angeles area

Los Angeles-area cannabis operators are prioritizing the safety and security of their employees and relief efforts amid historic wildfires raging across the region that have killed at least 10 people,…

News January 10

Former employees of Cookies marijuana affiliate TRP allege gender bias in suit

The all-male leadership team at a Los Angeles-based national marijuana retailer affiliated with prominent brand Cookies imposed a “bro culture” that encouraged “pervasive gender discrimination,” according to a lawsuit filed by…

News January 9

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Receiver appointed for Red White & Bloom cannabis subsidiary in Michigan

A Michigan circuit court has appointed a receiver for the assets of PharmaCo, a property of Canada-based cannabis multistate operator Red White & Bloom Brands.

News January 9

Opportunities abound with distressed marijuana businesses – but use caution

Because there is a dwindling number of states that haven’t legalized medical and/or recreational marijuana, it is easy to be fooled into believing opportunities to get a cannabis business license…

News January 9

A rendering of a Rise Express at a Circle K outlet

Judge nixes GTI plans to open medical cannabis stores at Circle Ks in Florida

A Florida administrative law judge has upheld a 2022 decision by regulators to reject a plan by multistate operator Green Thumb Industries to open medical cannabis dispensaries near or adjacent…

News January 8

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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

Close-up image of a $100 bill with Ben Franklin's eyes peaking through a cannabis leaf

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