MJBizDaily

Second US cannabis company uplisted to NYSE to begin trading Tuesday

Shares in California medical cannabis cultivator Glass House Group will begin trading at the NYSE on Tuesday, the company said.

Why cannabis businesses need to apply for DEA registration now – and why states must help

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Image of a partially open bank vault door with a glowing light emanating from within

Bipartisan lawmakers reintroduce SAFER Banking on eve of marijuana rescheduling hearings

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Feds seize homes in Maine in crackdown on illegal marijuana grows

The federal government seized two homes in Maine it says were used to grow illegal marijuana.

News October 10

Image of cannabis buds sitting atop $100 bills

IM Cannabis announces $1.6 million private placement to repay loan

Medical marijuana company IM Cannabis Corp. is planning a non-brokered private placement offering of up to $1.6 million through the sale of about 625,000 units.

News October 10

Image of a Bedrocan cultivation facility

Dutch medical marijuana producer Bedrocan returning to Canada

Medical marijuana producer Bedrocan International is returning to the Canadian market through the purchase of a facility in Scarborough, Ontario.

News October 10

Photo of Hurricane Helene taken from space.

Florida cannabis businesses shut down, halt delivery as Hurricane Milton nears

Florida cannabis businesses began shutting down this week in anticipation of Hurricane Milton, which was expected to make landfall late Wednesday on the state’s west coast.

News October 9

Backers of Nebraska medical marijuana ballot initiative dispute fraud claims

Sponsors of Nebraska’s medical marijuana ballot initiatives are disputing the secretary of state’s claims questioning the validity of nearly 100,000 signatures collected for two petitions.

News October 9

Image of a glittering blue stamp with the words product recall

California cannabis brand West Coast Cure voluntarily recalls several products

West Coast Cure, one of the largest California cannabis brands engulfed in a monthslong pesticide scandal, has voluntarily recalled at least 20 products that contain impurities.

News October 9

Image of MJBizCon attendees visiting the 40 Tons installation.

40 Tons to share MJBizCon space with other justice-impacted marijuana brands

40 Tons is sharing its space on the MJBizCon 2024 show floor with 15 other marijuana companies founded by justice-impacted individuals.

News October 9

Image of commercial real estate under construction with sign advertising for new retail space.

Commercial landlords soften stance on renting to cannabis businesses

Cannabis companies that once struggled to find space to conduct cultivation, manufacturing and retail operations are benefiting from a tumultuous commercial real estate market that’s prompting landlords to reconsider leasing…

News October 9

Image depicting an Arkansas voter casting a ballot

Arkansas marijuana initiative has 91,000 verified signatures, elections chief says

A voter initiative that would significantly expand Arkansas’ medical marijuana program has attracted enough signatures to qualify for the November ballot, according to the state's top election official.

News October 8