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.

Image of the St. Louis skyline, including the Gateway Arch, at night

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

Image of flower being tested at state-regulated cannabis lab

Missouri establishing cannabis reference testing lab to improve standards

Missouri regulators are launching a reference testing lab in an attempt to improve industry standards and better analyze the contents of cannabis products.

News October 29

Kentucky awards 26 medical marijuana business licenses in lottery

Kentucky regulators have awarded 26 medical marijuana licenses for cultivators and processors seeking to operate in the state's impending industry.

News October 29

Image of a hand dropping a ballot in a voting box in front of a Florida state flag

Florida lawmakers could add cannabis permits if adult-use ballot initiative passes

If 60% of Florida voters follow Donald Trump’s lead and cast ballots to legalize recreational marijuana in the state on Election Day, cannabis possession will become legal for adults 21…

News October 29

Image of people holding up bid paddles during an auction

Michigan marijuana company Skymint’s equipment for sale in November auction

A two-day auction is scheduled for next month to sell the remaining equipment assets formerly owned by defunct Michigan marijuana company Skymint.

News October 28

Image of a pile of cash sitting in front of the Florida state flag

Trulieve Cannabis spending in Florida’s adult-use campaign tops $140 million

Trulieve Cannabis has donated $141.9 million of the total $149.7 million spent on the campaign to pass Florida's adult-use measure.

News October 28

Image of former Green Dragon employees picketing at the Denver company.

Marijuana operator Green Dragon to cease operations by year-end

Marijuana operator Green Dragon plans to close 17 retail locations in Colorado as well as 39 dispensaries and a grow site in Florida.

News October 28

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Funding shortage for LED rebates leaves cannabis lighting vendors on hook

A rebate program that encouraged indoor growers to switch to LED lights proved so popular that Xcel Energy ran out of money to pay for it.

News October 28

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Texas hemp businesses say in federal lawsuit they were targets of illegal raid

A group of Texas hemp businesses and a smoke shop operator have filed a federal lawsuit, claiming they were targets of an illegal raid.

News October 25

CPAs offer 280E guidance to Treasury, IRS ahead of marijuana rescheduling

In a letter to the U.S. Department of Treasury and the IRS, the American Institute of CPAs is trying to provide guidance aimed at cannabis businesses and tax professionals ahead…

News October 25