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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Image of interior of a Curaleaf marijuana store.

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

Reintroduction of SAFE Banking Act in Congress buoys marijuana industry, stock markets

Bipartisan legislation to reform federal banking laws and allow legal marijuana businesses easier access to financial services has been reintroduced in Congress, boosting cannabis stocks in Thursday trading and giving…

News April 27

Image of a Cookies van in front of a Cookies store

Cannabis company Cookies faces lawsuits alleging kickbacks, personal enrichment

Cookies, among the most well-known American cannabis operators, is accused in separate lawsuits filed by current investors and a onetime business partner of using coercive “strongarm” tactics and bullying to…

News April 27

Image of the interior of the IAH Oregon production facility

UK-based CBD brand Naturecan acquires Oregon production facility

United Kingdom-based CBD and wellness brand Naturecan acquired the IAH Oregon cannabidiol production facility in the U.S. for 8 million pounds (roughly $10 million).

News April 26

Schwazze expands New Mexico cannabis footprint through $38 million acquisition

Colorado-based cannabis multistate operator Schwazze is deepening its presence in New Mexico with the planned acquisition of certain assets belonging to Sucellus.

News April 26

Image of the Tchefuncte River Lighthouse near Madisonville, Louisiana

Louisiana lawmakers kill adult-use marijuana legalization efforts

Lawmakers in Louisiana’s Republican-led House quashed an effort to legalize marijuana possession for those 21 and older and establish an adult-use retail market.

News April 26

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Cannabis producer Tilray makes US list of largest craft brewers

Cannabis and alcohol company Tilray Brands has made a widely followed list of the largest craft brewers in the United States, an apparent first for the nation's multibillion-dollar craft brewing…

News April 26

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Marijuana MSOs report mixed financial results after tough year

Some marijuana multistate operators have weathered the perfect storm of macroeconomic headwinds, cannabis-specific challenges and legislative disappointments better than others, as evidenced by full-year and fourth-quarter results reported this spring.

News April 26

Keurig founder joins executive team of cannabis accessories maker

Keurig founder Peter Dragone has joined the executive team of a startup cannabis accessories maker in Kentucky that’s aiming to begin its first funding round.

News April 25

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Minnesota House approves adult-use marijuana legalization bill

The Democratic-controlled Minnesota House of Representatives passed an adult-use marijuana legalization bill in a bipartisan vote of 71-59 on Tuesday.

News April 25