MJBizDaily

Image of a person holding a mobile phone bearing the seal of the U.S. Drug Enforcement Administration with the DEA's website in the background

How cannabis business should navigate marijuana rescheduling after the DEA hearings

The historic DEA marijuana rescheduling hearings are over and there's no outcome yet. But there's much cannabis operators should do now.

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

Latest Posts

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Marijuana lender Chicago Atlantic extends credit facility maturity to 2026

The financing subsidiary of Chicago Atlantic Real Estate Finance is extending the maturity of its $100 million secured revolving credit facility and increasing its accordion feature to $150 million.

News March 1

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Aurora Cannabis repays remainder of convertible senior debt

Aurora Cannabis says it has repaid the remaining balance of its convertible senior notes, a landmark in the Canadian producer's efforts to cut its debt and save on interest payments.

News March 1

Opinion: Medical marijuana companies have stronger 280E argument

The $143 million question on every marijuana executive’s mind these days is: Should my MJ company consider filing a tax refund claim? The best answer is: Some should.

News March 1

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Cannabis firm BZAM granted creditor protection with massive unpaid tax bills

Canadian cannabis firm BZAM, which merged with The Green Organic Dutchman in 2022, has been granted creditor protection to restructure the business and pursue a sale process.

News March 1

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Ohio drops medical marijuana card fee to 1 cent, halves processor license cost

Ohio regulators have reduced the fee to obtain medical marijuana patient cards or caregiver cards to 1 cent, a move that could increase business for MMJ dispensaries in the state.

News February 29

Michigan, Georgia raids net thousands of cannabis plants, hundreds of pounds

Recent law enforcement raids in Michigan and Georgia have resulted in the seizure of thousands of plants and hundreds of pounds of cannabis.

News February 29

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Marijuana MSO Verano reports record revenue, net loss for 2023

Chicago-based marijuana multistate operator Verano Holdings reported a record-breaking year for revenue in 2023 despite a net loss in its fourth-quarter and full-year financial results.

News February 29

Trulieve Cannabis reports receiving $113 million in 280E tax refunds

Marijuana multistate operator Trulieve Cannabis Corp. revealed that it has received $113 million worth of tax refunds as it challenges what it owes under Section 280E of the Internal Revenue…

News February 29