MJBizDaily

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Did Curaleaf put all cannabis contracts at risk to avoid paying millions to a Michigan cultivator?

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

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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

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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

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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

Michigan company’s marijuana license revoked over illicit extracts

A Michigan marijuana company is surrendering its processor licenses because it was combining legal and unregulated cannabis in extracts sold in the adult-use and medical markets.

News March 21

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Intoxicating hemp-derived cannabinoids must be halted, state AGs tell Congress

Congress must act to solve the nationwide “health and safety crisis” posed by the growing intoxicating hemp-derived cannabinoids industry, a bipartisan group of 20 state attorneys general wrote in a…

News March 21