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Texas rejected a hemp THC ban. Why is the industry being regulated out of business?
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Cannabis operator Canopy raising $35 million in upsized private placement
Canadian cannabis company Canopy Growth Corp. on Thursday said it entered into subscription agreements with institutional investors to raise $35 million.
News January 18
New York governor proposes eliminating marijuana product potency taxes
New York's governor is proposing the elimination of the state’s potency tax on marijuana products, a potential win for the industry.
News January 18
Cannabis marketer, distributor Petalfast raises $8 million from family offices
Petalfast, a California-based cannabis sales, marketing and distribution company, raised roughly $8 million from investors, including private family offices.
News January 18
Experts share their expectations for marijuana industry in 2024
From the next market to legalize adult-use marijuana to New York’s social equity licensing and low-dose THC, MJBizDaily left no stone unturned during its first installment of the 2024 LinkedIn…
News January 18
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
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
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
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
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
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