MJBizDaily

President Donald Trump in the Oval Office signing an executive order reclassifying cannabis as less dangerous.

Trump marijuana rescheduling is ‘solely’ political, opponent claims as DEA hearings begin

Did President Trump's Justice Department reclassify cannabis as a medicine only because of political pressures, including campaign donations?

Photo of electric power meters on red electrical panels

How cannabis cultivators are responding to rising energy costs

News

Second US cannabis company uplisted to NYSE to begin trading Tuesday

News

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

News

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

News

Latest Posts

Image of Forsyth Park in Savannah, Georgia

Georgia poised to add more cannabis permits under MMJ expansion

Eliminating a THC cap on medical cannabis products and allowing patients to vaporize medicine could encourage more Georgians to enroll in the state MMJ program - and thus allow more…

March 25

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

Image of businesspeople and attorneys negotiating terms of a contract

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

Aerial view of Montgomery, Alabama, skyline

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

Image of employee signing a termination letter

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

Image of the Warwick Neck Lighthouse in Rhode Island

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

Image of a woman working on a virtual screen with the inscription "Intellectual Property"

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