MJBizDaily

Image of Colt Power and Kim Flores sorting hemp-infused gummies at Power Biopharms in Euless, Texas.

Texas rejected a hemp THC ban. Why is the industry being regulated out of business?

Texas Gov. Greg Abbott said he wanted to regulate hemp THC, not ban it. The state's actions since tell a different story.

Jennifer Makris, Cannabis Cash Consultants/Courtesy photo

Latest Posts

Image of a package of Organigram's Edison Jolts lozenges

Organigram ‘assessing options’ after unfavorable ruling on cannabis edibles

Health Canada has concluded that Organigram Holdings' Edison Jolts lozenge cannabis products should be classified as edibles rather than extracts.

News March 25

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Decibel selling Prairie Records marijuana stores to Fika; CEO to retire

Canadian operator Decibel Cannabis Co. is selling its Prairie Records marijuana retail stores to retail operator Fika for roughly 3 million Canadian dollars ($2.2 million).

News March 25

Image of regulated Canadian cannabis products

Tax reforms, pharmacy sales among Canada’s cannabis law review recommendations

A government-appointed panel of experts analyzing Canada’s adult-use legalization law, the Cannabis Act, has recommended the country enable pharmacy access for medical marijuana and reconsider how excise tax is applied…

News March 25

Image of the U.S. House of Representatives at night

Treasury Secretary Yellen renews support for marijuana banking reform

U.S. Treasury Secretary Janet Yellen reiterated her support of marijuana banking legislation such as the SAFE Banking Act, which would allow financial institutions to work with state-regulated cannabis businesses even…

News March 22

Image of the Reichstag historic government building in Berlin

Germany recreational cannabis legalization bill clears last hurdle

Germany’s landmark recreational cannabis law will go into effect on April 1 after clearing the final regulatory hurdle on Friday.

News March 22

New York OKs 114 adult-use marijuana permits as legal stores trail illicit 24-to-1

New York regulators on Friday approved 114 more adult-use marijuana licenses, but illicit stores continue to outnumber legal operators by nearly 24-to-1.

News March 22

Image of a cannabis leaf atop a map of Canada

Canadian cannabis sales drop 11.5% from December to January

Retail sales of legal adult-use cannabis in Canada tumbled by 11.5% from December to January, totaling 400.1 million Canadian dollars ($294.2 million).

News March 22

Mushroom Joe? How President Biden could reschedule psilocybin like marijuana

President Joe Biden or a successor could reschedule psychedelics like marijuana, but only if states create the right psilocybin policies.

News March 22

Image of Canadian money with a blue tint and blue background

Canadian cannabis operator SNDL halves annual loss to CA$176.6 million

Alberta cannabis and alcohol company SNDL cut its annual loss in fiscal 2023 in half - to 176.6 million Canadian dollars ($130.5 million) - on strong sales growth.

News March 21