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

ACLU joins court fight over Florida recreational marijuana legalization

Florida voters won’t see recreational marijuana legalization on their ballots until November 2024 at the earliest, but the battle over whether voters even have the choice is heating up.

News July 27

Auxly Cannabis, Imperial Brands extend maturity date of CA$123M debenture

Auxly Cannabis Group and British tobacco giant Imperial Brands agreed to extend by 24 months the maturity date of a debenture worth 123 million Canadian dollars ($94 million), to Sept.…

News July 27

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Massachusetts marijuana social equity fund has zero funding, report says

The Massachusetts fund intended to advance social equity in the state's marijuana industry remains unfunded almost a year after it was created.

News July 27

Mastercard ban on cannabis debit-card purchases rocks industry

Mastercard’s new hardline demand that banks and payment processors immediately halt cannabis transactions involving its debit card has upended the cannabis industry and put more licensed operators at financial risk,…

News July 27

Image of a lab technician at a microscope holding a cannabis nugget with tweezers next to testing beakers

Choice of industry professional to oversee Massachusetts marijuana testing raises questions

The cannabis business background of Massachusetts' director of marijuana testing is raising eyebrows among industry watchers already concerned about the way state regulators are treating MJ companies.

News July 27

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Canadian cannabis producer Tilray reports $1.4 billion annual loss

Tilray Brands on Wednesday reported a net loss of $1.4 billion (1.9 billion Canadian dollars) for its fiscal year 2023, though the Canadian cannabis producer handily beat consensus estimates in…

News July 26

Maryland hemp businesses sue state, governor over product restrictions

A group of hemp companies in Maryland filed a lawsuit against state agencies and the governor for limiting business opportunities related to hemp-derived products.

News July 26

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Missouri marijuana microbusiness licensing process begins Thursday

Aspiring marijuana entrepreneurs in Missouri may apply for the state's first lottery for microbusiness licenses starting Thursday.

News July 26

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CFOs depart Trulieve, Weedmaps at tough time for cannabis

The departures of chief financial officers at Trulieve Cannabis Corp. and Weedmaps' parent company come at a challenging time for the marijuana industry, which is dealing with high interest rates,…

News July 26