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

News

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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

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Cannabis MSOs set to enter NY adult-use market after policy change

New legislation and significant regulatory policy shifts are in play to stabilize the shaky roll-out of New York’s adult-use cannabis program, including allowing some of the nation’s largest multistate operators…

News June 1

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Florida high court to hear challenge to adult-use cannabis legalization

The Florida attorney general’s attempt to halt a heavily bankrolled adult-use marijuana legalization campaign will go before the state Supreme Court and could be heard as soon as June.

News May 31

Image of a piggy bank, bearing a marijuana leaf, sitting atop a calculator showing the word TAX

Manitoba repeals 6% retail levy on legal marijuana sales

Manitoba has repealed a requirement for legal cannabis retailers to pay a 6% “social responsibility fee” based on their gross annual sales to the province.

News May 31

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Decibel Cannabis reports small first-quarter loss, positive adjusted EBITDA

Decibel Cannabis booked a net loss of 569,000 Canadian dollars ($418,000) in the first fiscal quarter of 2023, marking a substantial improvement over the Calgary, Alberta-based company’s CA$4.4 million loss…

News May 31

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Proposed Missouri ZIP codes for marijuana microbusinesses under fire

Social equity advocates in Missouri are questioning the validity of numerous ZIP codes submitted by law enforcement that would qualify residents to apply for cannabis microbusiness licenses.

News May 31

Cannabis union wins signal more labor-management conflicts ahead

From Sean O’Brien’s office in Washington DC, the general president of the International Brotherhood of Teamsters has a direct view of the U.S. Capitol complex.

News May 31

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Price tag revealed for sale of Shoppers Drug Mart cannabis assets

Canadian cannabinoid product company Avicanna has revealed how much it is paying to buy a medical cannabis business from major Canadian pharmacy chain Shoppers Drug Mart: 2.6 million Canadian dollars…

News May 30

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Marijuana producer Canopy buying 20% of Indiva

Canadian cannabis producer Canopy Growth has reached a deal to acquire a 19.99% stake in edibles maker Indiva, while also gaining control of all distribution and sales of Wana branded…

News May 30

Interior image of a Fire & Flower cannabis store.

Cannabis retailer Fire & Flower reviewing strategic options

Canadian marijuana retail chain Fire & Flower Holdings says it is "reviewing strategic options including financing options," as the company requires more funding to continue doing business.

News May 30