MJBizDaily

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Adult-use marijuana legalization appears dead in Pennsylvania – again

Pennsylvania marijuana legalization is still an elusive dream after adult-use sales was left out of the state budget deal approved over the weekend.

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The first World Cup with legal cannabis means more than a sales boost for retailers

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Pelorus seeks receivership for cannabis operator StateHouse Holdings

Pelorus Fund REIT is asking a California court to place StateHouse Holdings into receivership after the vertically integrated cannabis operator defaulted on four loans.

News September 27

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How likely is passage of Florida’s adult-use marijuana legalization measure?

With little over a month to go before the national election, polls show the future of Florida adult-use cannabis balanced on a knife’s edge.

News September 27

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Los Angeles County seeks to halt online ads for unlicensed cannabis stores

Los Angeles County officials approved a motion to push for popular online platforms such as Google and Yelp to stop listing unlicensed cannabis stores.

News September 26

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Marijuana legalization ‘an issue for the states,’ Democratic VP candidate says

Minnesota Gov. Tim Walz, the Democratic nominee for vice president, declined to endorse nationwide marijuana legalization in a recent interview.

News September 26

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Cannabis sales in Canada hit yearly high of CA$440 million in July

Canada’s cannabis retail sales grew for the fifth consecutive month in July, topping 440 million Canadian dollars ($326.7 million) to reach the highest level so far in 2024.

News September 26

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Marijuana MSO 4Front Ventures amends credit facility, seeks to refine fiscal plan

Marijuana multistate operator 4Front Ventures amended its credit facility and enlisted Canaccord Genuity Corp. to hone its financial strategy.

News September 26

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Ancillary firm aims to solve payment crunch for cannabis brands

LeafLink, a software platform to connect cannabis retailers with brands, is launching a product aimed to guarantee automated weekly payments to brands.

News September 26

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Lawsuit seeks to block California ban on intoxicating hemp-derived products

Six hemp companies and a major lobbying group for the industry filed a lawsuit seeking to block California's statewide ban on intoxicating hemp-derived products.

News September 25

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MSOs donate another $6 million to Florida adult-use marijuana campaign

Two of the nation’s largest marijuana multistate operators, Trulieve Cannabis Corp. and Curaleaf Holdings, pumped another $6 million into Florida’s adult-use legalization campaign, the most expensive ballot effort in U.S.…

News September 25