MJBizDaily

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What Curaleaf’s hostile takeover bid for Aurora Cannabis is really about

Curaleaf Holdings claims its takeover bid for Aurora Cannabis is a premium over Aurora's current valuation. But there's more to it than that - including cash, debt and market position.

Texas rejected a hemp THC ban. Why is the industry being regulated out of business?

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Oklahoma extends medical marijuana licensing ban 2 years, hikes enforcement

Wide-ranging legislation that took effect in Oklahoma this week included a two-year extension of the state's moratorium on issuing licenses to new medical marijuana businesses.

News November 3

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Hemp-derived cannabinoids aren’t controlled substances, GA court says

Hemp-derived cannabinoids such as delta-8 and delta-10 THC could be legal to sell in Georgia after the state's Court of Appeals ruled such products aren't controlled substances.

News November 3

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Marijuana MSO MedMen delays filing 2023 financials

Marijuana multistate operator MedMen Enterprises says it will be late to file its annual financial report for its 2023 fiscal year ended July 1.

News November 3

Image of the words "Event Canceled!" printed on a blackboard that's draped in stage curtains

Emerald Cup cancels 2023 Harvest Ball for cannabis cultivators

The Emerald Cup’s marquee winter event that celebrates small craft cannabis farmers in Northern California and connects them with prospective buyers across the state is being canceled this year, according…

News November 3

Republican-led federal marijuana legalization effort reappears in Congress

A bipartisan but Republican-led effort to legalize marijuana federally was reintroduced in Congress last week, but chances for passage might be slim in the House under new Speaker Mike Johnson.

News November 2

New York opens medical cannabis retail application window for MSOs

New York regulators are expanding medical cannabis retail licenses for large multistate operators for the first time since the state launched MMJ sales in January 2016.

News November 2

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Employees at Missouri marijuana retailer Homestate vote to join Teamsters union

Staffers at Homestate Dispensary, a marijuana retailer in Kansas City, Missouri, "have voted overwhelmingly" to join the Teamsters Local 955 union.

News November 2

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Cannabis automation company Sorting Robotics raises $2 million

Sorting Robotics, a Los Angeles-based industrial automation company for the cannabis industry, raised $2 million in debt financing from investment groups Kiso Capital and Prospeq.

News November 2

Illinois suit aims to block opening of social equity marijuana licensee’s store

The parent company of a marijuana retailer in Illinois filed a lawsuit alleging that another store is opening too close to one of its existing outlets in Chicago.

News November 2