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FDA approved cannabis: Why Schedule 3 means operators must prepare for pharmaceutical-grade MMJ now
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Colorado cannabis chain Maggie’s Farm hastily closes 5 stores
Colorado cannabis retail chain Maggie's Farm is responding to criticism after it shuttered five locations in late February without warning employees.
News March 8
Biden talks marijuana in ‘historic’ speech but gives no rescheduling update
Marijuana reform garnered only a brief mention during President Joe Biden’s annual State of the Union address on Thursday night.
News March 8
AFC Gamma is looking to finance ‘unburdened’ cannabis borrowers
Publicly traded cannabis industry lender AFC Gamma reported nearly $16 million in net interest income for its fourth quarter ended Dec. 31, down 18.9% from the same quarter a year…
News March 8
MedMen shutters all but 2 of its California marijuana operations
MedMen Enterprises has shuttered all but two of its stores in California, workers confirmed to MJBizDaily. Only MedMen stores in San Diego and near Los Angeles International Airport remain open.
News March 8
Opinion: How to prepare for cannabis’ inevitable future as a natural product
As cannabis marches toward becoming a category in the natural products and wellness CPG industry, its potential economic impact is immense.
News March 8
Florida bill that bans delta-8, other compounds sent to governor
Florida lawmakers have approved a wide-ranging bill that critics contend could destroy the state’s hemp market.
News March 7
California outdoor cannabis celebration Emerald Cup postponed until August
The 2024 Emerald Cup, the Northern California sun-grown cannabis celebration now in its 20th year, has been pushed from May until August.
News March 7
Marijuana MSO MariMed reports revenue growth to $148.6 million, net loss in 2023
Massachusetts-based marijuana multistate operator MariMed reported a record year for revenue growth and a net loss in its full-year and fourth-quarter earnings report.
News March 7
Australian cannabis firm Cann Group’s cash crunch raises concerns
The Australian Securities Exchange halted trading of Cann Group Limited’s shares after the company's auditor flagged concerns over financing and the cannabis producer’s first-half operating loss.
News March 7
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