MJBizDaily

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Why cannabis banking reform alone won’t solve payment processing woes

Cannabis operators that rely on large B2B cannabis payments need a viable payment solution, and federal banking reform by itself won't provide it.

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How a beer scion entered the cannabis industry for the long haul

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Image of interior of a Curaleaf marijuana store.

Curaleaf rolls out Spanish-language cannabis experience

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Image of retail staff serving customers on 4/20 at Greenlight Garage in Springfield, Missouri.

The first World Cup with legal cannabis means more than a sales boost for retailers

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Cannabis companies finally gain US bankruptcy access

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Latest Posts

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Marijuana MSOs expand Florida retail, betting on adult-use legalization

Multistate operators are busy expanding their retail footprints in Florida's nearly $2 billion medical marijuana market, in some cases betting that adult-use legalization is on the horizon and jostling into…

News August 16

Nebraska authorities cracking down on hemp-derived THC sales

Nebraska law enforcement is investigating sales of hemp-derived cannabis products containing more than 0.3% THC.

News August 15

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State audit is latest probe of Missouri’s legal cannabis industry

Missouri’s elected auditor began investigating the state’s oft-controversial cannabis industry earlier this month.

News August 15

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Verano marijuana retail workers ratify union contracts in Illinois

Employees at two Illinois marijuana retail locations owned by multistate operator Verano Holdings ratified collective bargaining agreements, according to the International Brotherhood of Teamsters.

News August 15

Image of a package of Organigram's Edison Jolts lozenges

Canadian court hands Organigram partial win in ‘edible’ cannabis dispute

Health Canada breached its duty of procedural fairness when it decided that licensed producer Organigram Holdings' lozenges should be classified as “edible” cannabis rather than extracts, a federal justice said…

News August 15

Arkansas attorney general defends delta-8 THC ban in court

federal court challenge to Arkansas’ ban on products containing hemp-derived, intoxicating cannabinoids such as delta-8 THC should be dismissed in part because state law supersedes federal law - including the…

News August 14

Michigan marijuana retailers eclipse $276 million in record July sales

Michigan adult-use and medical marijuana retailers generated more than $276 million in sales in July, a monthly record, according to the latest statistics from the Cannabis Regulatory Agency.

News August 14

Image of a stock exchange board with a cannabis leaf in the middle

Poseidon cannabis ETF to shut down less than 2 years after launching

The AdvisorShares Poseidon Dynamic Cannabis Exchange Traded Fund (ETF), which is managed by the Paxhia sibling founders of California-based cannabis hedge fund Poseidon Investment Management, is shutting down less than…

News August 14

Exterior image of illicit cannabis store Medicine Creek Territory

Washington state busts unlicensed marijuana retailers in stings

Washington state's marijuana regulator seized cannabis from two unlicensed businesses after undercover investigations and is recommending prosecutors pursue felony charges in both cases.

News August 14