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.

Image of the St. Louis skyline, including the Gateway Arch, at night

How a beer scion entered the cannabis industry for the long haul

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Curaleaf rolls out Spanish-language cannabis experience

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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

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

‘Now is the time’ for cannabis banking reform, key Democrat says

Federal lawmakers are inching closer to a deal on legislation that could include cannabis banking reform, a leading House Democrat says.

News April 25

Marijuana retailers report robust sales from 4/20 weekend

U.S. marijuana retailers reported brisk business on April 20, the biggest day of the year for cannabis sales, despite setbacks from widespread e-commerce platform outages.

News April 25

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Canada’s cannabis sales rise 1.7% in February year-over-year

Canadian cannabis sales in regulated channels inched higher in February 2024 compared to the same month last year, boosted slightly by the extra day for leap year.

News April 24

Close-up image of a $100 bill with Ben Franklin's eyes peaking through a cannabis leaf

MJBiz Factbook: Marijuana industry will add $112.4 billion to US economy in 2024

The total U.S. economic impact generated by regulated marijuana sales could top $112.4 billion in 2024, about 12% more than last year, according to analysis from the newly released MJBiz…

News April 24

Congress could include cannabis banking in FAA, crypto bills

Supporters of long-awaited cannabis banking reform are pinning hopes on Congress packaging a marijuana bill with must-pass legislation.

News April 24

Minnesota lawmakers urged to approve adult-use marijuana cultivation

Minnesota marijuana stakeholders are concerned that the forthcoming adult-use market will be undersupplied and/or delayed if cultivators can’t begin growing before lawmakers finish deliberating over the program’s rules.

News April 24

Image of a cannabis leaf atop a map of Canada

Manitoba expected to overturn ban on homegrown cannabis

Manitoba, one of two provinces to enact rules against growing adult-use marijuana at home when Canada legalized cannabis in 2018, plans to reverse the ban.

News April 24