MJBizDaily
Why cannabis banking reform alone won’t solve payment processing woes
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Arizona bill aims to expand shrinking medical marijuana market
An Arizona bill making its way through the legislature aims to significantly cut the price of medical marijuana cards as MMJ sales and patient registrations has fallen dramatically the last…
News June 2
Kansas gov won’t use executive powers to legalize medical cannabis
Gov. Laura Kelly says executive action on medical marijuana reform is not within her powers, despite other governors making similar moves.
News June 2
Marijuana MSO Acreage Holdings promotes chief operating officer to CEO
New York-based cannabis multistate operator Acreage Holdings announced Friday that Dennis Curran, the company’s chief operating officer since March 2022, will assume the role of CEO starting July 1.
News June 2
Opinion: Why aren’t your cannabis customers paying you?
If you are extending credit, you must have a process in place to manage cash flow to meet your company’s operating needs.
News June 2
California reports 94% of marijuana excise taxes paid as sales, revenue dip
Most of the excise tax due in California has been paid up, according to state officials, who also noted an overall decline in sales.
News June 1
Creditor bids $109 million for assets of Michigan cannabis company Skymint
Embattled Michigan marijuana cultivator and retailer Skymint, which is in receivership, will auction off its assets.
News June 1
Cronos pulls plug on US hemp and CBD operations
Toronto-based Cronos Group is pulling out of the U.S. hemp-derived CBD market "to improve its cash flow in the near term."
News June 1
Cannabis MSO Trulieve ceasing operations in Massachusetts
Florida-based marijuana operator Trulieve Cannabis is shutting down its operations in Massachusetts and further downsizing in California.
News June 1
Legal settlement paves way for marijuana retail licensing in NY region
A settlement between New York cannabis regulators and a Michigan plaintiff will finally open up retail licensing in the Finger Lakes region.
News June 1
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