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

Troy Datcher, pioneering Black marijuana executive, dead at 55

Troy Datcher, board chair of Gold Flora Corp. and one of the more prominent Black leaders in the marijuana industry, died Feb. 26 after a brief hospitalization.

News March 1

Image of a rubber stamp sitting atop an open envelope bearing the word "Fined" in red

Curio fined $26,000 for selling cannabis retrieved from dumpster, other offenses

Multistate operator Curio Wellness was fined $26,000 by Maryland regulators after reviewing video footage of employees at its flagship Maryland store retrieving cannabis from a dumpster that was later sold…

News March 1

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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

Image of CA$100 Canadian bills being printed

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

Image of envelopes containing unpaid bills marked Past Due and Final Notice

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

Image of the downtown Cincinnati skyline from Kentucky

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

Image of a stock exchange board with a cannabis leaf in the middle

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