MJBizDaily

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

Did the Trump administration approve cannabis interstate commerce?

California mega-cultivator Glass House Brands believes it has everything it needs to start supplying other states. After all, it's already supplying other countries.

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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

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Cookies cuts ties with its lone San Francisco marijuana store

The Cookies marijuana brand terminated the licensing agreement it had with Berner’s on Haight, an adult-use store in San Francisco.

News March 27

USDA approves genetically modified hemp strain that’s THC- and CBD-free

The U.S. Department of Agriculture has approved a genetically modified hemp strain without THC or CBD that could help hemp farmers reduce waste.

News March 26

Image of a shopping cart, containing a marijuana leaf, sitting atop a credit card and cash

Massachusetts cannabis regulator expanding ‘secret shopper’ program

Massachusetts' Cannabis Control Commission (CCC) is reportedly working to expand a "secret shopper" program as it tries to regulate issues with marijuana packaging and labeling compliance.

News March 26

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Calling marijuana a ‘gateway drug,’ House GOP opposes banking reform

Congressional Republicans should oppose marijuana reform, including banking protections, because MJ is a “dangerous, addictive … gateway drug,” according to a GOP policy memo.

News March 26

Psychedelic training is an ‘investment’ in public health: Q&A with UC Berkeley’s Moana Meadow

Moana Meadow, the staff director of the Psychedelic Facilitation Certificate Program at the University of California, Berkeley, talks about the importance of facilitation in cannabis and psychedelic therapies, among other…

News March 26

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Auxly auditor flags ‘going concern’ risk as cannabis firm reports smaller loss

Auxly Cannabis Group’s record 2023 sales helped substantially improve its net loss, but an auditor flagged a “significant doubt” over the company’s ability to continue as a "going concern."

News March 25