MJBizDaily

Image of a judge's gavel sitting on a sound block and surrounded by cannabis nuggets

How to tell if cannabis contracts are at risk of being declared invalid

Curaleaf Holdings is evading a $31.8 million judgment after arguing in federal court that cannabis contracts are federally illegal and can't be enforced. Broader instability could follow.

Image of a display case with empty shelves at Downtown Cannabis in British Columbia

Latest Posts

Psychedelic training is an ‘investment’ in public health: Q&A with UC Berkeley’s Moana Meadow

Moana Meadow, the staff director of the Psychedelic Facilitation Certificate Program at the University of California, Berkeley, talks about the importance of facilitation in cannabis and psychedelic therapies, among other…

News March 26

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Auxly auditor flags ‘going concern’ risk as cannabis firm reports smaller loss

Auxly Cannabis Group’s record 2023 sales helped substantially improve its net loss, but an auditor flagged a “significant doubt” over the company’s ability to continue as a "going concern."

News March 25

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Massachusetts marijuana worker denied Chapter 13 bankruptcy protection

A marijuana company employee in Massachusetts has been denied bankruptcy protections, highlighting a federal barrier that extends beyond the corporate realm to personal finances.

News March 25

Maryland cannabis retail zoning would be less restrictive under new bill

Maryland county governments could have less control on where recreational cannabis stores set up shop if a bill that moved ahead in the state General Assembly is passed into law.

News March 25

South Dakota adult-use marijuana legalization effort launches – again

South Dakota legalization advocates will try for a third time to put adult-use marijuana on voters’ ballots.

News March 25

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

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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

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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