MJBizDaily
Why cannabis banking reform alone won’t solve payment processing woes
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Medical marijuana company Better sues InterCure for $35 million
Medical marijuana company Cann Pharmaceutical, also known as Better, filed a countersuit against InterCure and its management team seeking $35 million in damages.
News June 16Opinion: 4 signs your cannabis customer is not going to pay you
Every month that you hold on to nonpaying debt from cannabis customers, the probability of collection is significantly reduced.
News June 16Law enforcement veteran appointed Delaware marijuana commissioner
Delaware Gov. John Carney installed longtime law enforcement official Robert Coupe as the state's first marijuana commissioner.
News June 15Cannabis producer Hexo’s accumulated losses surpass CA$2 billion
Canadian cannabis producer Hexo reported a total net loss before tax of 129.7 million Canadian dollars ($98 million) in the company’s third quarter, bringing accumulated losses since 2016 to more…
News June 15Key figure in flawed New York adult-use marijuana rollout quits regulatory board
A central figure in New York’s botched adult-use marijuana rollout on Thursday resigned from the state Cannabis Control Board.
News June 15Shareholders of cannabis firm Hexo approve Tilray takeover
Shareholders of Canadian cannabis producer Hexo Corp. approved Tilray’s court-accepted plan to acquire all the issued and outstanding common shares of the Quebec company.
News June 15Illinois minority-owned marijuana retailer raises $3 million for expansion
Socíale, a minority-owned marijuana retailer in Illinois, raised $3 million to fund its expansion plans in the state.
News June 15Canadian cannabis retailer High Tide narrows quarterly net loss to CA$1.6M
Major Canadian cannabis retail chain High Tide posted a net loss of 1.6 million Canadian dollars ($1.2 million) for its second quarter on revenue of CA$118.1 million.
News June 15Las Vegas marijuana consumption lounges encounter delays
Marijuana operators and consumers anticipating consumption lounges opening this summer in Las Vegas will probably have to wait.
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