MJBizDaily

Image of retail staff serving customers on 4/20 at Greenlight Garage in Springfield, Missouri.

What the first World Cup with legal cannabis means for US and Canadian operators

Cannabis retailers across North American are expecting a sales boost thanks to the best-attended World Cup in history. But the lasting impact of the first World Cup with legal cannabis...

Cannabis Companies Finally Gain U.S. Bankruptcy Access

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FDA approved cannabis: Why Schedule 3 means operators must prepare for pharmaceutical-grade MMJ now

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Image of pharmacist filling prescription

Expanded medical cannabis sales at Georgia pharmacies, dispensaries begin

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President Donald Trump in the Oval Office signing an executive order reclassifying cannabis as less dangerous.

Trump marijuana rescheduling is ‘solely’ political, opponent claims as DEA hearings begin

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Latest Posts

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Australian marijuana grower ECS reports record sales of AU$7.3 million in quarter

ECS Botanics Holdings, an Australian medical marijuana cultivator in Victoria, reported a significant jump in revenue to 7.3 million Australian dollars ($6.5 million) in its second fiscal quarter ending Dec.…

News January 16

Image of downtown Toronto skyline at twilight

Ontario’s new cannabis store ownership cap expected to boost M&A

A new regulatory change allowing one company to operate up to 150 recreational cannabis stores in Ontario - a twofold increase from the previous cap of 75 - is expected…

News January 16

Image of a U.S. flag waving in front of the U.S. Capitol Building

Unsealed rescheduling letter: Marijuana less harmful than other drugs

The Biden administration on late Friday released the unredacted exchange between federal authorities recommending marijuana be rescheduled.

News January 12

Image of a calculator, pen and eyeglasses sitting on tax forms

No tax relief for California cannabis operators in governor’s initial budget

If legal California cannabis businesses teetering under the weight of heavy taxes will see any relief this year, it’s unlikely to come from the governor.

News January 12

Image of the Drug Enforcement Administration website on a laptop

State attorneys general urge DEA to reschedule marijuana

Attorneys general from 12 states sent a letter to the head of the U.S. Drug Enforcement Administration to “encourage” the DEA to reschedule marijuana.

News January 12

Image of cannabis buds sitting atop $100 bills

Colorado monthly cannabis sales sink to nearly 7-year low in November

Colorado cannabis sales continued to slide in November as recreational and medical marijuana retailers generated $110.5 million in revenue, the lowest monthly total since February 2017.

News January 12

Oregon trade group wants cap on marijuana business licenses

The Cannabis Industry Alliance of Oregon (CIAO) wants state regulators to permanently restrict the number of marijuana business licenses available to operators in the state.

News January 12

Illinois adult-use cannabis sales exceed $1.6 billion in 2023

Consumers in Illinois spent more than $1.6 billion on legal adult-use cannabis in 2023, a market record despite a nearly 15% year-over-year decline in sales to out-of-state shoppers.

News January 12

Image of $100 bills hanging on a cannabis plant.

Opinion: What marijuana investors should watch for in the year ahead

From legislative and regulatory changes to market sensitivity and price stabilization to M&A dynamics, it will be crucial to remain cautious of hurdles that the marijuana sector will face and…

News January 12