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.

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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

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

Delaware inundated with adult-use cannabis business license applications

Delaware received more than 1,260 applications for adult-use cannabis business licenses, including 800 for 30 retail operations.

News October 8

Image of group in business meeting where members of the audience are raising their hands.

Marijuana businesses seek alternatives to debt financing in slow capital market

Cannect Wellness raised $7 million in its second equity funding round; capital raises have been slow due to the expense of debt financing.

News October 8

Image of Eaze Technologies workers carrying protest signs.

Eaze winding down cannabis delivery operations as new owners ponder future

The former CEO of California’s largest marijuana delivery service, Eaze Technologies, said its parent company is winding down operations and new ownership will determine if the service continues.

News October 7

Image of a businessperson fanning out money

Marijuana operator TerrAscend withdraws $26 million from senior secured loan

TerrAscend Corp., a Canadian-headquartered marijuana multistate operator with U.S. assets, said it withdrew $26 million from its $140 million loan to pay off higher-interest debt it holds in Michigan.

News October 7