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Cannabis awards are going mainstream. But does a win mean a sales boost?
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Marijuana champion Rohrabacher loses US House seat to Democrat
U.S. Rep. Dana Rohrabacher, one of the cannabis industry’s most outspoken allies on Capitol Hill, has lost his congressional seat. The California Republican from Orange County lost his bid for…
News November 7
Trump ousts cannabis threat Jeff Sessions as attorney general
U.S Attorney General Jeff Sessions, who less than a year ago stunned the marijuana industry by ripping up Obama-era protections for state-legal MJ businesses, has been forced out by President…
News November 7
Utah medical cannabis election victory could help ensure program’s viability
Voters approved a medical marijuana initiative in Utah, a victory that could put additional pressure on state lawmakers to ensure the modest program is financially viable. Proponents and opponents recently…
News November 7
Weekly Deal Watch: Cannabis funding frenzy highlights how much capital is ‘still on the sidelines’
This week was the single largest capital raise week for the industry, bolstered by the official close of Constellation's investment in Canopy Growth.
News November 7
Key cannabis legalization wins could bring in upward of $2 billion in new sales
Marijuana scored a sweeping victory at the ballot box on Tuesday, with voters approving new markets in Michigan, Missouri and Utah that eventually could generate $2 billion in medical and…
News November 7
Election updates, analysis & highlights
Marijuana Business Daily reporters were on the ground across the United States on Election Day 2018, providing live coverage of the midterms and their significance to the cannabis market.
News November 6
Michigan OKs recreational marijuana, creating potential $1.7 billion market
Michigan voters approved an adult-use cannabis initiative Tuesday, CNN projected, making the state the first in the Midwest to pass adult-use marijuana legalization.
News November 6
US House flips to Democrats in a positive sign for marijuana reform
Democrats have retaken the U.S. House, TV networks projected, a development that could provide a shot in the arm for federal marijuana reform that benefits MJ businesses. Several experts have…
News November 6
US cannabis retailer Green Growth Brands inks CA$30.5 million raise
Ohio-based marijuana retailer Green Growth Brands raised 30.5 million Canadian dollars ($23.2 million) in a private placement ahead of the firm’s planned trading debut in Canada later this month. The…
News November 6
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