MJBizDaily

Latest Posts

Image of Kyiv, Ukraine, at sunset

Ukraine might depend on cannabis imports for years before local production is ready

Local industry watchers say it could be years before domestic cannabis cultivation in Ukraine is up and running after Parliament gave the green light to a draft law that will…

News January 18
Image of $100 bills hanging on a cannabis plant.

Michigan’s total marijuana sales reach $3 billion in 2023

Marijuana retailers in Michigan sold a whopping $3.06 billion in adult-use and medical products in 2023, according to data from the state's Cannabis Regulatory Agency.

News January 17
Image of downtown Mississauga, Ontario, Canada

Cannabis prospectuses in Ontario fell dramatically in 2023, data shows

The number of prospectuses filed in Ontario by cannabis companies in connection with public offerings of securities declined dramatically in 2023 compared to previous years, according to new data from…

News January 17
Image of a flag bearing the Drug Enforcement Administration logo sitting above the U.S. flag

Marijuana rescheduling doesn’t open door to Big Pharma takeover, report says

The Biden administration’s push to reclassify marijuana under federal law would not by itself open the door for pharmaceutical companies to seize control of the $34 billion legal U.S. cannabis…

News January 17
Image of Wisconsin state capitol building.

Wisconsin Assembly speaker rejects compromise on medical cannabis bill

Wisconsin State Assembly Speaker Robin Vos says he won't amend a Republican bill that would create a restrictive medical cannabis regime, despite opposition from some fellow GOP lawmakers.

News January 17
Image of a stock exchange board with a cannabis leaf in the middle

Marijuana operator Unrivaled Brands completes reorg, reverse stock split

California marijuana company Unrivaled Brands is now under the Blüm Holdings umbrella after completing a previously announced strategic reorganization and reverse stock split.

News January 17
Image of the Panama Canal

Panama awards licenses to 7 medical cannabis businesses

Seven companies in Panama were granted licenses to manufacture medical cannabis products after a lengthy evaluation by the country’s National Directorate of Pharmacy and Drugs.

News January 17
Image of a hand holding a mobile phone with the U.S. Department of Health and Human Services logo in front of the agency's webpage

Feds weighed state-regulated MMJ programs, compared marijuana to alcohol in rescheduling recommendation

State-regulated medical cannabis programs and illicit users are at least in part to thank for the Biden administration’s recommendation that marijuana be moved from Schedule 1 to Schedule 3 of…

News January 17
Image of contract being torn in half

Cannabis operator Canopy Growth terminates $30M private placement

A private placement of shares and warrants announced by Canopy Growth Corp. was terminated only three days after it was unveiled, the Canadian cannabis operator disclosed in a regulatory filing…

News January 16
MJBizCon Logo