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

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Missouri marijuana sales surpass $1 billion on cumulative basis

Cumulative sales of legal, regulated medical and adult-use marijuana in Missouri surpassed $1 billion as of early May.

News May 10

Image of a female hand putting money in a piggy bank bearing a marijuana leaf

Prospects seem rosier for Senate passage of cannabis banking reform – but no guarantee

The push to pass major federal cannabis banking reform resumes in earnest Thursday during a Democratic-controlled U.S. Senate Banking Committee hearing on the challenges that a largely cash-based industry poses…

News May 10

Washington becomes 3rd state to create marijuana interstate commerce law

Washington Gov. Jay Inslee signed into law a bill that allows legal-market marijuana to be transported across state lines to other legal MJ markets.

News May 9

Florida lawmakers pass bill on medical cannabis telehealth, Black farmers

Florida legislators approved a bill permitting telehealth appointments for patients seeking medical cannabis certification renewals, which could benefit the state's legal MMJ market.

News May 9

Illicit medical marijuana operators in Oklahoma targeted by new law

Law enforcement agencies in Oklahoma now have full authority to enforce the state’s medical marijuana laws, especially going after illicit operators.

News May 9

US hemp plantings plummet in 2022 as production shifts to northern states

Hemp plantings in the United States were nearly cut in half in 2022, with 28,400 acres dedicated to growing the plant - slightly more than the acreage set aside for…

News May 9

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Details emerge about Germany’s ultra-regulated recreational cannabis clubs

The German government is preparing a draft law that would highly regulate so-called cannabis clubs - associations that would not produce profits - potentially leaving very little room for making…

News May 8

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Marijuana industry overpaid $1.8 billion in federal taxes in 2022, analysis shows

Marijuana companies paid more than $1.8 billion in federal taxes in 2022 compared to non-cannabis businesses as a result of U.S. tax treatment of the MJ sector, according to an…

News May 8

Image of a woman wearing a HoloLens AR device as she inspects flowers

Cannabis growers eye AI, other digital tools to improve crops and boost productivity

Cannabis growers are looking closely at mainstream agricultural technology to gain a new level of precision cultivation that employs everything from artificial intelligence and augmented reality to robots and drones.

News May 8