MJBizDaily

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SEC charges cannabis firm American Patriot Brands with fraud

The U.S. Securities and Exchange Commission has charged Nevada-based cannabis company American Patriot Brands with fraud in a "long-running scheme" in which the company raised more than $30 million from…

News March 17

Marijuana tech firm Leafly lays off 40 workers as annual revenue rises 10%

Marijuana e-commerce platform Leafly Holdings this week laid off another 40 employees, or 21% of its workforce, a day before reporting its full-year and fourth-quarter financial results.

News March 17

Opinion: What the demise of Silicon Valley Bank means – and does not mean – for cannabis finance

Any disruption to the economy - particularly when it involves banks - is disconcerting and potentially impactful to the cannabis industry.

News March 17

Image of a judge's gavel hitting a pile of $100 blls

Marijuana MSOs sue New York over adult-use retail license delay

Multistate operators with New York medical cannabis licenses sued regulators on Thursday in an attempt to gain quick entry into the state's adult-use marijuana market.

News March 16

Ontario Chamber of Commerce calls on province to allow cannabis lounges

The largest provincial business advocacy body in Canada is calling on the Ontario government to allow cannabis consumption establishments as part of efforts to modernize and champion the sector.

News March 16

Arkansas cannabis grower suing insurer after claim denied

A medical cannabis grower and distributor in Arkansas is suing its insurance company for $300,000 after the insurer denied the cultivator's claim.

News March 16

Kris Krane returns to marijuana MSO 4Front Ventures with board seat

Longtime cannabis industry executive Kris Krane is rejoining 4Front Ventures, the multistate marijuana company he co-founded, as a member of the board of directors.

News March 16

With cannabis cultivator cap lifted, growers face New Jersey’s challenges

New Jersey is no longer limiting the number of cannabis cultivation licenses, and entrepreneurs are looking forward to supplying the East Coast marijuana market as production ramps up.

News March 16