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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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

Opening day of adult-use marijuana sales at Housing Works Cannabis Co.

New York adult-use operator reports $12 million in cannabis sales in 6 months

Housing Works Cannabis Co., the first adult-use retailer to open in New York, generated about $12 million in sales in the first six months of operations.

News July 31

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Massachusetts marijuana regulatory agency ‘in crisis’ as chief quits

The sudden departure of the Massachusetts Cannabis Control Commission's executive director puts the organization "in crisis," according to the agency's chair.

News July 31

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Cannabis MSOs Cresco Labs, Columbia Care terminate planned merger

Cannabis multistate operators Cresco Labs and Columbia Care are officially walking away from their planned merger, a deal that was valued at $2 billion when it was announced in March…

News July 31

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Share consolidation sweeps marijuana industry as stock prices flop

In the face of slumping cannabis stock prices, publicly traded Canadian marijuana producers and U.S. ancillary companies are increasingly turning to share consolidations to maintain their listings on the Nasdaq…

News July 31

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Rhode Island regulators investigating cannabis retailer’s late payments

Rhode Island regulators are reviewing the finances of the Thomas C. Slater Compassion Center, a medical cannabis dispensary that just launched adult-use sales in December.

News July 28

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No timeline on Biden administration marijuana rescheduling, DEA chief says

The Biden administration has yet to provide the U.S. Drug Enforcement Administration a “specific timeline” to complete its review of marijuana’s status under federal law, the agency’s chief told members…

News July 28

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Georgia’s 2nd medical cannabis retailer launches sales

The second of two licensed medical cannabis dispensary operators in Georgia opened its doors this week.

News July 28

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Opinion: What marijuana real estate lenders look for in potential borrowers

Securing capital to fund marijuana-related properties can be a complex and challenging endeavor - especially given the current state of the industry.

News July 28

California cannabis delivery service Eaze accused of fraud in lawsuit

The former owners of Green Dragon, a cannabis company operating in Colorado and Florida, allege in a lawsuit that California-based Eaze defrauded investors, is "close to insolvency" and is operating…

News July 27