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

San Francisco to pause taking new cannabis retail business applications

San Francisco authorities placed a moratorium on accepting new applications for cannabis retail business licenses after a unanimous vote by the city's Board of Supervisors.

News June 8

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Rhode Island marijuana cultivators beg for more retail to combat oversupply

Burdened with more cannabis than can be sold, adult-use marijuana cultivators in Rhode Island are begging state officials to quickly open more retail outlets.

News June 8

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Art-focused retailer sprouts in a central California cannabis desert

Being one of a small number of stores in a cannabis desert might seem like an easy proposition: Open your doors and let customers roll in, unencumbered by competition. But…

News June 8

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CO seeks higher marijuana licensing fees to bridge enforcement shortfall

The executive director of Colorado’s Department of Revenue wants marijuana businesses in the state to pay higher licensing fees to fund enforcement initiatives.

News June 7

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Red White & Bloom to acquire distressed Canadian cannabis operator Aleafia

Marijuana multistate operator Red White & Bloom Brands plans to acquire financially troubled Canadian cannabis operator Aleafia Health in a share-exchange agreement.

News June 7

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Kansas City Royals sign pro baseball’s second CBD sponsorship deal

Pure Spectrum CBD signed a sponsorship deal with the Kansas City Royals, the second such deal for a Major League Baseball team.

News June 7

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Connecticut repeals marijuana investor tax credit, permits new tax deductions

Connecticut is repealing a program that provided a tax credit to marijuana industry angel investors while changing its tax rules to permit cannabis business expense deductions from state taxes.

News June 7

Federal grand jury to probe ex-Oregon official with cannabis ties, report says

Federal law enforcement has assembled a grand jury to investigate a former Oregon official who moonlighted for cannabis companies while overseeing the state's marijuana regulatory agency, The Oregonian reported.

News June 7

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Critics question whether Biden-signed marijuana research law has ‘any value’

Six months after President Joe Biden signed marijuana research into law, a growing chorus of critics note that the federal government has registered zero new cannabis research projects.

News June 7