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

Image of a "Closed/Out of Business" sign on an industrial-looking door

How many cannabis stores in Canada closed in ’23? Data paints rough picture

A record number of cannabis stores in Canada might have closed or changed hands in 2023, according to new data from regulators in the three largest Canadian marijuana markets.

News January 29

Sunset image, through two palm trees, of Miami skyline and bay

Planet 13 sells Florida marijuana license, will restate financials

Nevada-based marijuana multistate operator Planet 13 Holdings is selling a medical marijuana treatment center (MMTC) license to further its Florida expansion plans and will restate some of its previously reported…

News January 26

Trulieve Cannabis cultivation workers in Arizona vote to unionize

Workers at the Trulieve Magnolia cultivation facility in Arizona voted 37-4 to join United Food and Commercial Workers Union Local 99.

News January 26

Image of Blackstone River and Canal Heritage State Park in Uxbridge, Massachusetts

Massachusetts town returns $1.2 million in impact fees to marijuana business

A groundswell is developing in Massachusetts that might lead several municipalities to return millions of dollars of community impact fees to marijuana businesses.

News January 26

Image of a judge's gavel sitting on a sound block and surrounded by cannabis nuggets

Mississippi cannabis advertising ban is constitutional, judge rules

A federal judge has dismissed a lawsuit by a Mississippi medical cannabis dispensary challenging the state’s ban on cannabis advertising.

News January 26

Marijuana operator The Cannabist Co. buying back $25 million in debt

The Cannabist Company Holdings, a marijuana multistate operator, has announced a deal to buy back up to $25 million in principal on senior secured debt by issuing shares.

News January 26

Image depicting marijuana business taxes

Opinion: Cannabis companies should file amended tax returns to claim 280E refunds

Two legal cases have realistic chances of success, meaning cannabis operators should consider filing amended federal tax returns claiming refunds.

News January 26

Wisconsin medical marijuana push will fail, top Republican claims

The Republican push to legalize medical marijuana in Wisconsin under some of the nation’s toughest restrictions won’t pass the state Senate, according to a leading Republican cannabis advocate.

News January 25

Ohio medical cannabis sales peak as adult-use market launch remains stalled

Sales of medical cannabis in Ohio’s tightly restricted market appear to have peaked, as lawmakers continue to stall the launch of the state’s recently legalized adult-use marketplace.

News January 25