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FDA approved cannabis: Why Schedule 3 means operators must prepare for pharmaceutical-grade MMJ now
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US treaties shouldn’t impact marijuana rescheduling, congresswoman says
American commitments in international treaties do not forbid the U.S. Drug Enforcement Administration from rescheduling marijuana as recommended, a California congresswoman told the agency.
News February 27
Cannabis labor poised for rebound in 2024, survey predicts
Cannabis job numbers could rebound in 2024 after a tough period marked by thousands of layoffs in the industry.
News February 27
Marijuana REIT Innovative Industrial Properties posts $164.2M profit in 2023
Marijuana industry real estate company Innovative Industrial Properties reported $164.2 million in net income for its common shareholders in its full 2023 fiscal year.
News February 27
Canada says cannabis wholesalers must garnish payments over unpaid taxes
Canada’s tax collection agency is following through on a threat to garnish cash from licensed cannabis producers that are delinquent on their excise duty payments, MJBizDaily has learned.
News February 27
Suit accuses marijuana producer Glass House of ‘systemic’ labor violations
Major California marijuana producer Glass House Brands imposed “systemic quota and production demands” on workers that violated labor law, including unpaid overtime and unrealistic workloads, a lawsuit filed by an…
News February 26
Millions in fines unpaid by New York’s unlicensed cannabis retailers
The vast majority of fines levied against unlicensed cannabis retailers in New York have not been paid, underscoring the ongoing enforcement challenges in the struggling market.
News February 26
Arizona bill targets ‘predatory tactics’ toward marijuana social equity licensees
Republican state Sen. Sonny Borrelli wants Arizona's marijuana social equity licensees to regain control of their licenses, alleging that they were preyed upon by large operators and investors.
News February 26
Canadian government hiking cannabis regulatory fees in April
The Canadian government is increasing eight regulatory fees levied on the regulated cannabis industry beginning April 1.
News February 26
US marijuana business licensing declined for the first time in 2023
After years of double-digit growth, active marijuana business licenses in the United States declined for the first time in 2023.
News February 26
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