MJBizDaily

Image of a person holding a mobile phone bearing the seal of the U.S. Drug Enforcement Administration with the DEA's website in the background

DEA selects only cannabis foes to participate in marijuana rescheduling hearing

Cannabis reform advocates are locked out the DEA marijuana rescheduling hearings set to begin later this month. But that might not be a bad thing.

ATACH President Michael Bronstein (Courtesy photo)

Latest Posts

Image of the Statue of Liberty facing New York City at sunset

New York governor signs anti-inversion cannabis bill

Those who don’t play by the rules face fines of up to $10,000 per day and possible product seizure and destruction.

News June 3

Illinois cannabis reform bill targets licensing gap, eyes federal future

Senate Bill 3222 also makes other adjustments to Illinois cannabis laws – including regulating intoxicating hemp.

News June 2

Close-up image of a female doctor's hands

CMS is setting standards for what cannabinoid medicine looks like

The Beneficiary Engagement Incentive isn't broad cannabis reimbursement – it's a clinician-led path for hemp-derived products in value-based care.

News June 2

Cannabis MSO Verano in uplisting wave with reverse stock split

Verano expects the move will increase institutional investor interest and access as the company pursues uplisting on a U.S. stock exchange.

News June 1

New York medical cannabis operators owe the state millions they claim they can’t afford

Operators are pleading for a break, claiming that market conditions render the $15 million conversion fee as far too high.

News June 1

Image of Nasdaq signage on the side of a glass buidling

US cannabis stocks are trading on Robinhood. What does it mean?

Stocks in several U.S. cannabis multistate operators are now trading on the brokerage app Robinhood, but uplisting to major exchanges is still at least a few months away.

News May 29

Image of an employee checking a customer's ID as a $100 bill sits near the register

California cannabis sales dip slightly again in first quarter of 2026

Licensed cannabis retailers generated $956.7 million in sales in the first quarter, down from $976.5 million during the same period a year earlier.

News May 29

The Payment Problem No One Warns CBD Retailers About

Cannabis payments are facing a reckoning as workarounds disappear

Cannabis operators are used to payment solutions that disappear overnight. But as margins squeeze, that's a risk most businesses can't afford to take.

News May 29