MJBizDaily

Image of a downward arrow depicting a business decline

News

The cannabis industry is having a price compression crisis. What’s the solution?

U.S. cannabis sales declined year over year for the first time on record, falling from $32 billion to $29.94 billion.

Shirts referencing the newly legal marijuana market in New York City.

State fairs are the ideal place for an honest conversation about cannabis

News

Story Cannabis CEO Jason Vedadi (Courtesy photo)

The cannabis CEO behind a $2.1 billion sale bets again, but smaller

News

Voice of the Plant: Genetics are the cannabis industry’s greatest asset – act accordingly

News

Why the federal hemp ban threatens cannabis seed banks – and your favorite genetics

News

Latest Posts

Exterior image of the Oneida Indian Nation's Verona Collective

Oneida Indian Nation opens recreational marijuana sales in New York

The Oneida Indian Nation has launched recreational marijuana sales from its vertically integrated business in Verona, New York.

News January 4

Image of customer making a purchase at a retail store owned by The Cannabist Co.

Largest cannabis MSOs lay out modest expansion plans for 2024

Several of the nation’s largest cannabis companies have already mapped out their retail expansion plans in 2024, a consequence of licensing caps, limited new market opportunities and ongoing capital concerns.

News January 4

Image of a lab technician at a microscope holding a cannabis nugget with tweezers next to testing beakers

70% of medical marijuana products in Mississippi on ‘hold’ for retesting

A large batch of medical marijuana products in Mississippi have been placed on "administrative hold" as regulators continue testing to clear the products for sale.

News January 3

Image of two businesspeople shaking hands

Auxly Cannabis inks tentative deal with lenders on credit facility

Auxly Cannabis Group has signed a nonbinding term sheet to amend the credit facility between a syndicate of lenders and its wholly owned subsidiary, Auxly Leamington.

News January 3

Maine authorities charge 5 in illicit marijuana grow crackdowns

Maine is cracking down on unlicensed marijuana operators, charging five individuals in two separate investigations in the past week.

News January 3

Village Farms sends first cannabis shipment to growing UK market

Village Farms International has sent its first shipment of two cannabis brands to the growing United Kingdom market.

News January 3

Image of a pink piggy bank drowning in debt

Canadian marijuana retailer Trees Corp. enters creditor protection

Insolvent Canadian recreational marijuana retailer Trees Corp. has entered creditor protection, becoming the latest debt-laden cannabis company to keep its creditors at bay while seeking restructuring.

News January 3