MJBizDaily

Image of DEA Chief Administrative Law Judge John Mulrooney II overseeing Monday's marijuana rescheduling hearing

Cannabis industry encouraged as DEA marijuana rescheduling hearings conclude

A California county sheriff spoke in support of regulated cannabis as DEA marijuana rescheduling hearings concluded Wednesday.

FINO Cannabis CEO Joe Puglise (Courtesy photo)

Latest Posts

Virginia legislative session ends without gov signing adult-use marijuana bill

Virginia’s 60-day General Assembly session adjourned Saturday without the state's Republican governor signing into law a bill finally legalizing adult-use marijuana sales.

News March 11

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Israel’s IMC looks to spin out, sell cannabis unit in pivot to biotech sector

IM Cannabis Corp. is proposing a reverse merger with Israeli biotechnology firm Kadimastem in which it would spin out - and potentially sell - its existing medical marijuana operations in…

News March 11

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‘Much more stable’ marijuana landscape in 2024, CEO of NewLake REIT says

This year is "a much more stable landscape" for the marijuana sector than in 2023, the CEO of cannabis industry real estate investment trust (REIT) NewLake Capital Partners said as…

News March 11

Image of a cannabis transaction at a coffee shop in Amsterdam

Netherlands irons out wrinkles in cannabis experiment ahead of full summer launch

Dutch authorities have ironed out issues involving the Netherlands' cannabis experiment, government and industry officials told MJBizDaily.

News March 11

California county’s voters reject measure restricting marijuana cultivation

Voters in Humboldt County, California, soundly rejected a ballot initiative Tuesday that aimed to widely curb marijuana cultivation in that region.

News March 8

Image of a "Closed/Out of Business" sign on an industrial-looking door

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

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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

Image of a MedMen store in Long Beach, California

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