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 judge's gavel sitting on a pile of cash

Trulieve Cannabis files lawsuit against ex-CFO contesting $350K in expenses

Florida-based marijuana multistate operator Trulieve Cannabis has filed a lawsuit against a former chief financial officer for misappropriating hundreds of thousands of dollars tied to personal expenses.

News March 14

Image of delta-8 blue raspberry gummies and hemp leaves

Arizona sales of unlicensed delta-8 is illegal, state attorney general says

Arizona operators such as gas stations and smoke shops that are selling delta-8 and other hemp-derived THC products without marijuana business licenses are breaking the law, the state's attorney general…

News March 14

Image of $100 bills hanging on a cannabis plant.

Jushi looks to boost efficiency as it awaits new adult-use cannabis markets

Multistate operator Jushi Holdings is trying to improve its efficiency and margins as it hopes for new adult-use cannabis markets in 2024.

News March 14

Interior image of Smoke and Mirrors consumption lounge

Las Vegas marijuana consumption lounges prepare for new era

Thrive Cannabis Marketplace recently opened the first state-licensed lounge adjacent to its store just off the Las Vegas Strip, and nearly 20 other consumption businesses are putting the finishing touches…

News March 14

Image of a delta-8 gummy surrounded by hemp flower

Minnesota cracking down on illegal cannabis sales before adult-use launch

Cannabis retailers in Minnesota selling product before the state officially launches legal adult-use marijuana sales risk getting a $1 million fine and jeopardizing their chances of getting MJ business licenses…

News March 13

Ayr Wellness CEO sees gold in future adult-use marijuana markets

David Goubert, CEO of multistate operator Ayr Wellness, told investors and analysts that the Miami-based company is positioned better than its competitors to capitalize on future adult-use marijuana markets.

News March 13

Image of $100 bills swirling into a hole

Cresco posts $180 million full-year net loss as it looks to new cannabis markets

Cresco Labs posted a $180 million loss in 2023 as the Chicago-based cannabis multistate operator exited two state markets and saw its high-profile merger collapse.

News March 13

Image of cannabis buds sitting atop $100 bills

The Cannabist looks to marijuana wholesale after ‘arduous 2023’

Marijuana multistate operator The Cannabist Co. is trying to improve its wholesale business as it moves on from what CEO David Hart described as "an arduous 2023."

News March 13