MJBizDaily

Image of a pen and Past Due stamp sitting atop a payment voucher

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

Cover of the 2022 special report: Diversity, Equity & Inclusion in the Cannabis Industry

MJBizDaily conducting survey on diversity in US cannabis industry

To better understand the state of diversity and inclusion in the U.S. cannabis industry, MJBizDaily is launching its yearly survey to measure the role of women and minorities in leadership…

News August 8

Image of $100 bills hanging on a cannabis plant.

Illinois adult-use marijuana sales top $140 million in July

Defying both bear-market trends as well as competition from new markets in nearby states, Illinois adult-use marijuana sales topped $140 million in July.

News August 8

Image of a marijuana leaf atop beverage cans

Cannabis firm Tilray buying 8 Anheuser-Busch beverage brands for $85 million

Canadian cannabis producer Tilray Brands is adding to its alcohol portfolio with the acquisition of eight beverage brands from Anheuser-Busch, including Breckenridge and Shock Top breweries, a cider maker and…

News August 8

Image of a partially open bank vault door with a glowing light emanating from within

Marijuana industry spends millions lobbying as shutdown threatens SAFE Banking

The cannabis industry continues to spend millions of dollars on high-powered lobbyists to sway U.S. senators to pass marijuana reform, but those efforts could be thwarted this fall by a…

News August 8

Israeli, German operator IM Cannabis gets Nasdaq price warning

International medical marijuana operator IM Cannabis Corp. has become the latest in the industry to receive a warning from the Nasdaq stock exchange over a share price falling below the…

News August 7

Exterior image of Maine state capitol building

Maine latest state to offer marijuana businesses some 280E tax relief

Maine will allow legal marijuana businesses to take some tax deductions on their state returns to make up for forbidden expenses on their federal taxes.

News August 7

Canadian government among top unpaid creditors of failed cannabis businesses

Canada’s federal government accounts for a growing share of the unpaid debts racked up by failed cannabis companies, lending credence to claims the nation's nascent adult-use industry is suffering from…

News August 7

Image of a woman's hand dropping a ballot into a voting box

Florida marijuana legalization campaign is Trulieve monopoly push, state says

A Trulieve Cannabis Corp.-sponsored marijuana legalization campaign in Florida is actually an effort to mislead voters into helping tighten the company’s “monopolistic stranglehold” on the state’s cannabis market, the state…

News August 4

Exterior image of New York state capitol building

Veterans’ lawsuit could halt New York cannabis retail licensing, approvals

A group of disabled military veterans filed a lawsuit in New York against cannabis regulators claiming their system of awarding and issuing licenses to certain social equity applicants violated the state…

News August 4