MJBizDaily

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Adult-use marijuana legalization appears dead in Pennsylvania – again

Pennsylvania marijuana legalization is still an elusive dream after adult-use sales was left out of the state budget deal approved over the weekend.

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The first World Cup with legal cannabis means more than a sales boost for retailers

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Marijuana financier Safe Harbor resolves $64.7 million debt

Colorado-based marijuana finance company SHF Holdings, which does business as Safe Harbor Financial, agreed to settle its $64.7 million debt with Partner Colorado Credit Union.

News March 30

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Curaleaf acquires Utah medical cannabis retailer for $20 million

New York-based Curaleaf Holdings is spending $20 million to acquire Deseret Wellness, the largest medical cannabis retailer in Utah.

News March 30

Marijuana lender Sweet Leaf Madison Capital closes $100 million debt facility

Marijuana industry finance company Sweet Leaf Madison Capital closed a $100 million debt facility, which could be increased to $200 million.

News March 30

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Opinion: How craft cannabis producers can survive economic headwinds

Cannabis businesses can use automation, energy audits and cooperative purchasing to handle economic downturns.

News March 30

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Court lifts injunction preventing marijuana retail licensing in New York

A federal court has opened up retail licensing in Brooklyn and other areas of New York state after an injunction halted licensing for dozens of applicants for months.

News March 29

Vermont cannabis grower fined $20K for Instagram post of out-of-state delivery

A cannabis grower in Vermont was fined $20,000 for delivering marijuana to an unlicensed MJ store in New York and posting a video on Instagram.

News March 29

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Canadian marijuana retail chain Nova reports reduced net loss for 2022

Nova Cannabis, the Canadian marijuana retailer behind the Value Buds discount chain, reported a net loss of 11.2 million Canadian dollars ($8.2 million) for its 2022 fiscal year, an improvement…

News March 29

Denmark medical cannabis sales mostly on the rise, but pilot program sputters

Denmark's medical cannabis sales took a breather in 2022 after experiencing consistent growth for half a decade, according to new data from the Danish Health and Medicines Authority.

News March 29