MJBizDaily

Latest Posts

Photo by rawpixel on Unsplash

IHeartMedia to invest up to $10 million in marijuana publisher High Times

The nation's largest radio broadcaster, IHeartMedia, has agreed to invest up to $10 million in the publisher of High Times magazine, giving the marijuana company access to the media firm's…

News October 4
, Home

On cusp of legalization, Canadian cannabis stockpiles hit record

Licensed producers of marijuana in Canada have stored away a record amount of cannabis in the months leading up to legalization, yet analysts still anticipate a significant shortage after initial…

News October 4
, Home

California marijuana growers optimistic while seeking paths around slew of obstacles

California’s cannabis cultivation market is a maze of farms that run the gamut from cottage growers with a few dozen plants to commercial-sized industrial operations. That also means the scope…

News October 4
, Home

Judge reinstates medical cannabis license pulled by Montana health department

A Montana district judge ruled that the state improperly revoked a Billings medical marijuana provider’s license by not giving the dispensary owner time to correct violations. Yellowstone County District Judge…

News October 3
, Home

Phoenix City Council shoots down “ambush-style” medical marijuana tax

Phoenix’s City Council on Tuesday unanimously killed a proposed medical marijuana tax that would have cost some MMJ businesses more than $1 million a year. The proposed tax became public…

News October 3
Image of Illinois state flag

MedMen inks dispensary deal to enter Illinois medical cannabis market

Los Angeles-based MedMen announced its second acquisition of the week to expand its national footprint – this time into the Illinois medical marijuana market. The multistate marijuana business agreed to acquire Seven…

News October 3
, Home

License suspension ‘stark reminder’ for Canadian marijuana companies

A licensed producer was suspended by Health Canada for the first time in four years, a sign that the government agency is keeping a closer eye on companies for potential violations…

News October 3

Michigan lawmakers vote to prohibit marijuana-infused beer and liquor

Legislation that would prohibit the use, possession or sale of cannabis-infused beer, wine, liquor and mixed drinks in Michigan was approved by the state House on Tuesday by a 101-4 vote.…

News October 3
, Home

Cannabis edibles maker Dixie raises $25M ahead of Canadian stock listing

Infused cannabis products maker Dixie Brands closed a $25 million funding round as it works to go public in Canada before year's end.

News October 3
MJBizCon Logo