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.

Image of the St. Louis skyline, including the Gateway Arch, at night

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

Exterior image of a Société québécoise du cannabis store

Quebec has limited plans for new cannabis stores under retail monopoly

Quebec's government-run cannabis retail operator has limited plans for new stores despite the province having fewer shops than smaller provinces.

News August 14

Alabama resets medical marijuana launch, issues 24 licenses

For the second time this summer, Alabama regulators issued a batch of licenses meant to launch the state’s medical marijuana industry.

News August 11

Judge’s stay on lawsuit means New York cannabis licenses still on hold

New York won’t issue any more adult-use cannabis retail licenses for at least another two weeks as the latest legal challenge to the state’s tortuous marijuana legalization experiment is resolved.

News August 11

Image of a pile of Canadian 100 dollar bills

Aurora shuttering Reliva CBD unit as exports help narrow loss

A significant jump in plant-propagation sales and medical marijuana exports helped Canadian licensed producer Aurora Cannabis narrow its loss in the first quarter of fiscal year 2024 to 28.3 million…

News August 11

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Cannabis tech company Weedmaps posts $2 million profit after rough period

California-based WM Technology, which does business as cannabis advertising platform Weedmaps, reported a profit for its most recent quarter, signaling a potential turnaround for the technology company.

News August 11

US Hemp Roundtable shares goals for 2023 Farm Bill: Q&A with Jonathan Miller

The U.S. Hemp Roundtable and 30 other cannabis organizations submitted a list of nine priorities for the House and Senate committees involved in creating the Farm Bill to consider as…

News August 11

Retail shelves displaying hemp-derived products that do not contain THC

Virginia hemp product retailers slapped with fines under new law

Virginia authorities are cracking down on stores selling unauthorized hemp-derived products under a new law and handing out significant fines in the enforcement push.

News August 10

Image of a glittering blue stamp with the words product recall

Arizona stores recall marijuana products for third time this summer

Arizona marijuana stores are voluntarily recalling edibles products for the third time this summer - this time out of concern they might be contaminated with salmonella bacteria.

News August 10

Image of a pink piggy bank drowning in debt

Canopy repeats going concern doubts amid falling cannabis sales

Canopy Growth Corp. reiterated doubts about its ability to stay afloat when the Canadian cannabis producer reported its fiscal 2024 first-quarter results.

News August 10