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

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Canadian recreational cannabis sales surpass CA$5 billion in 2023

Canadian recreational cannabis sales were worth 5.07 billion Canadian dollars ($3.8 billion) in 2023, an increase of 12.2% compared to 2022, according to government retail sales data released Thursday.

News February 22

Image of a downward arrow depicting a business decline

Connecticut marijuana sales decline in January amid product shortages

Amid reports of product shortages, adult-use marijuana sales in Connecticut dropped in January for the first time since the market launched in 2023.

News February 22

Image of a Cookies van in front of a Cookies store

Cookies sued again by cannabis retail partner in $100 million dispute

Leading cannabis brand Cookies is in a widening legal dispute with its partner in dozens of adult-use marijuana stores.

News February 22

Image of a Metrc RFID tag attached to a cannabis plant

Marijuana software company Metrc lands Kentucky track-and-trace contract

Florida-based marijuana track-and-trace software company Metrc signed its 25th government contract, this time with the state of Kentucky.

News February 21

Image of cannabis leaves sitting atop a Canadian flag

Canada launches forum to discuss cannabis industry challenges

Canada’s federal government quietly announced the long-awaited creation of the Cannabis Industry Forum to help the struggling sector address key issues and opportunities - almost two years after first embarking…

News February 21

Arkansas AG approves ballot measure expanding medical marijuana access

Arkansas' attorney general has signed off on language for a November ballot initiative that aims to vastly expand the state’s medical marijuana program and opens the door for full legalization.

News February 21

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Opinion: What to consider when buying a Florida medical cannabis business license

When Florida legalizes adult use, medical cannabis business licenses likely will become valuable, but prospective buyers should perform significant diligence before committing.

News February 21