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The cannabis industry is having a price compression crisis. What’s the solution?
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Canadian cannabis firms raise CA$2 billion to fuel growth
Canada’s medical cannabis companies have raised 2 billion Canadian dollars ($1.57 billion) in capital this year to tap overseas opportunities and build out domestic capacity ahead of legalization. While independent investment…
News April 6New Mexico medical marijuana patient count swells amid supply squeeze
New Mexico's medical cannabis patient count has topped the 50,000 mark, but limits on the number of plants a business can grow is putting a strain on supply and causing…
News April 6Oregon county officials sue state over cannabis farms
Officials in an Oregon county who have tried to restrict commercial marijuana production sued the state in federal court, asserting state laws that made cannabis legal are pre-empted by federal…
News April 6Week in Review: Illinois’ MMJ banking, Massachusetts’ rec licensing & Florida lawsuit
An Illinois bank stops serving Illinois medical marijuana businesses, Massachusetts begins its recreational cannabis licensing process, and a Florida MMJ company takes the state to court.
News April 6Malta legalizes marijuana prescriptions; production law nears approval
Malta recently became the latest country to legalize medical cannabis prescriptions, and a separate law to permit production is within months of final approval.
News April 5High Times acquires cannabis news site
Hoping to expand its online presence, High Times magazine has acquired a 3-year-old marijuana news website. The iconic cannabis culture magazine acquired Green Rush Daily, a website that receives more…
News April 5Marijuana Policy Project launches national search for executive director
A prominent national cannabis reform organization, the Marijuana Policy Project, has begun a search for a new executive director. MPP’s current interim director, Matthew Schweich, will remain on the job…
News April 5California testing labs expect marijuana ‘bottleneck’ in July
Marijuana testing labs are going to be the gatekeepers for California’s legal cannabis industry come July 1, when only lab-tested products may be sold by licensed retailers. And that means…
News April 5MJBizDaily launches website dedicated to hemp coverage
As the hemp industry grows in the United States and around the globe, so too does Marijuana Business Daily’s coverage of it. We’ve launched a new website, Hemp Industry Daily,…
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