MJBizDaily

New Mexico built a successful cannabis market without the hype

New Mexico’s cannabis market is growing. It’s not flashy or headline-grabbing; it’s a steady climb to statewide success.

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Latest Posts

Interior image of Glass House Brands' cultivation facility in Camarillo, California

Cannabis MSO PharmaCann closes another cultivation facility

Both facilities are slated to close on May 20. In Pennsylvania, 60 people will lose their jobs; in Colorado, 132 workers will be displaced.

News March 25

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Debt dominates cannabis capital raises as equity deals dry up

The cannabis industry has transitioned to a more commoditized market characterized by price declines and minimal organic growth.

News March 25

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Scathing audit for Alabama medical marijuana authority on eve of market launch

Alabama’s beleaguered Medical Cannabis Commission failed to follow state procedure and open-meetings laws, overpaid an outside law firm by $204,000 and didn’t maintain records properly, a recent state audit found.…

News March 24

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Mass layoffs as cannabis MSO PharmaCann exits Colorado market

The closure of the cannabis company's cultivation operation comes as Colorado’s marijuana industry is seeing declining wholesale prices.

News March 24

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Rhode Island weighs fewer cannabis licenses to avoid market crash

Nearly four years after the state legalized adult-use marijuana, the original plan to issue 24 new retail licenses is up in the air.

News March 23

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How US cannabis breeders can protect their IP before legalization

From patents to plant variety protection, cannabis genetics breeders have several options available to protect their intellectual property.

News March 23

Image of a piggy bank, bearing a marijuana leaf, sitting atop a calculator showing the word TAX

Push to repeal New York medical cannabis tax amid ‘crisis’ claims

Sen. Jeremy Cooney, who introduced legislation last year to eliminate the tax, said during a rally at the state capital on Wednesday that it creates financial barriers for patients who…

News March 20

Cannabis MSO Vireo Growth’s aggressive strategy paying off

The Minnesota-based multistate operator reported increasing revenue by more than 250% following a recent buying spree that's exciting analysts watching the sector.

News March 20