MJBizDaily

Latest Posts

Image depicting an increase in stock prices

US cannabis firms could gain from Canadian Securities Exchange plan

The Canadian Securities Exchange (CSE)'s new senior tier could offer U.S. cannabis companies lower capital costs and a broader investor base.

News March 31
Image of downtown Boston skyline at night

Massachusetts closes marijuana chain after owner posts threatening video

The Massachusetts state Cannabis Control Commission (CCC) suspended the licenses of a growing marijuana retail chain on March 24, the day after the owner allegedly recorded a series of threatening…

News March 31
Image of a woman banking on her laptop

Paychex ceasing direct deposits, other services to cannabis firms

U.S. cannabis operators are scrambling to find a new payroll provider after receiving a memo from Paychex advising that the company will no longer process direct deposits or offer other…

News March 31
Image of Kentucky state capitol building

Kentucky governor signs medical marijuana legalization bill into law

Kentucky Gov. Andy Beshear signed a bill legalizing medical marijuana in the state into law on Friday, fulfilling an earlier promise.

News March 31
Image of $100 bills in $5,000 bundles.

Cannabis vape hardware firm Greentank raises $16.5 million

Vape hardware manufacturer Greentank Technologies closed a Series B financing round worth $16.5 million with an unspecified "strategic investor group" that includes Canadian cannabis producer Organigram Holdings.

News March 31
Image of a businessperson with crossed fingers behind their back while shaking hands with another businessperson

Suspect unions’ effort to evade state law could hurt marijuana workers

Cannabis businesses in California and on the East Coast are evading worker-friendly licensing requirements by obtaining state business permits after signing deals with “labor organizations” that appear to be illegitimate “company…

News March 31
Image of Kentucky state capitol building

Kentucky lawmakers OK medical cannabis legalization, send bill to governor

The Kentucky House on Thursday approved legislation legalizing medical cannabis, sending the bill to Democratic Gov. Andy Beshear for his expected signature.

News March 30
Image of a businessperson fanning out money

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
Image of Goblin Valley State Park in Utah

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
MJBizCon Logo