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

Cannabis company MariMed refinances debt with $58.7 million loan

Cannabis multistate operator MariMed secured a new 10-year loan worth $58.7 million, most of which will be used to refinance existing debt at an unspecified lower interest rate.

News November 20

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Opinion: How banking reform could minimize illicit marijuana market

One of the most important opportunities to curb the illicit market is the integration of the marijuana industry into the banking system.

News November 20

Image of Missouri's state capitol building with the Missouri River in the foreground.

Missouri revokes license of marijuana company at center of major recall

Missouri regulators revoked the manufacturing license of Delta Extraction, which made infused THC goods that led to the recent recall of more than 60,000 products and millions of dollars in…

News November 17

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

Delta-8 THC, hemp producers in limbo as Congress extends Farm Bill

The emergency funding bill that President Joe Biden signed into law on Thursday to avoid a government shutdown also includes an extension of the Farm Bill until September 2024.

News November 17

Image of Massachusetts state capitol building

Massachusetts cannabis chief to resign soon, concluding leadership saga

Shawn Collins is resigning Dec. 4 as executive director of Massachusetts' Cannabis Control Commission, ending months of uncertainty surrounding the agency's leadership.

News November 17

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Rescheduling could foster marijuana acceptance from health care industry

Moving marijuana from Schedule 1 to Schedule 3 under the Controlled Substances Act could influence whether and how doctors recommend medical cannabis.

News November 17

California cannabis brand Dosist acquired by partner Final Bell

California cannabis brand Dosist has been acquired by longtime Los Angeles partner Final Bell Holdings International.

News November 16

Image of a rubber stamp bearing the word "Compliance" sitting atop legal folders

Arkansas marijuana grower avoids license suspension, but fine intact

A licensed medical marijuana cultivator in Arkansas avoided a license suspension on appeal but still must pay a fine.

News November 16

Image of aspergillus in a testing lab petri dish.

High percentage of Maine medical cannabis contaminated, regulators say

Maine regulators are again pushing to "modernize" the state's medical cannabis program after a report showed that 42% of samples they recently tested contained contaminants such as yeast and pesticides.

News November 16