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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New Zealand cannabis company Cannasouth reviewing financial health

New Zealand medical cannabis company Cannasouth Limited has entered voluntary administration, a process that allows for an administrator to review and rearrange the financial affairs of insolvent or near-insolvent companies.

News March 28

Colorado marijuana growers can access more diverse genetics

Colorado’s marijuana cultivators now have freedom to procure genetics from a wider variety of sources.

News March 28

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Ontario eyes CA$600 million cannabis windfall, pledges online crackdown

Ontario’s provincial government is budgeting for a record windfall of more than 600 million Canadian dollars ($442 million) in the next fiscal year from cannabis wholesale profits and its portion…

News March 27

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Republican senators oppose marijuana rescheduling based on global treaties

Moving marijuana to Schedule 3 of the Controlled Substances Act, as Biden administration health officials have recommended, violates U.S. promises to other countries.

News March 27

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AFC Gamma provides $34 million to Sunburn Cannabis in debt capital

Marijuana industry lender AFC Gamma provided $34 million in debt capital to Florida-based dispensary operator Sunburn Cannabis.

News March 27

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Ayr Wellness boosts Florida marijuana cultivation facility mortgage by $8.4M

Marijuana multistate operator Ayr Wellness is increasing by $8.4 million the size of an existing mortgage on a cultivation facility in Gainesville, Florida.

News March 27

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Canadian cannabis producer Organigram enters US, plans CA$25 million raise

Organigram Holdings has dipped into its strategic investment pool to pick up a minority stake in Roxboro, North Carolina-based Open Book Extracts as part of its plan to target emerging…

News March 27