MJBizDaily

Latest Posts

Image depicting social equity

New York’s $200 million marijuana social equity fund still awaiting capital

A first-of-its kind $200 million social equity fund in New York that's been promised to qualified marijuana entrepreneurs is still awaiting its first investment that would help bankroll the effort,…

News January 27
Image of a gavel in a courtroom

Quebec court dismisses shareholder suit against cannabis producer Hexo

Hexo Corp. said it won the dismissal of a securities class action lawsuit that had been pending before the Quebec Superior Court against the Canadian cannabis producer and a former…

News January 27
Image depicting M&A

Tech firm Akerna sells software business, exits marijuana industry to join crypto venture

Akerna Corp., the parent company of pioneering cannabis technology company MJ Freeway, said Friday it's exiting the marijuana industry based on headwinds much of the market is facing.

News January 27
Image of contract being torn in half

Ayr Wellness backs off from $55 million cannabis retail acquisition in Chicago

Multistate operator Ayr Wellness said it has canceled its acquisition of Chicago cannabis retail operator Dispensary 33, citing changing market conditions.

News January 27
Image of FDA sign

FDA’s inaction on CBD regulations means more marijuana questions for Congress

The U.S. Food and Drug Administration’s announcement Thursday that it won’t regulate products containing CBD and will instead pass that buck to Congress means the preservation of the current, uneasy…

News January 27
Image of Georgia state capitol building at night

Georgia OKs low-THC medical cannabis rules; sales could begin this year

Legal medical cannabis sales in Georgia could begin before the end of the year after state regulators signed off on rules governing the state’s low-THC marijuana oil program.

News January 26
Image of Mississippi state flag

Medical marijuana sales kick off in Mississippi

Mississippi’s medical marijuana program launched Wednesday with at least three dispensaries selling product.

News January 26
Image of a businessperson fanning out money

Cannabis and veggie grower Village Farms raising $25 million

Cannabis and vegetable grower Village Farms International is raising $25 million (33 million Canadian dollars) via a registered direct offering with institutional investors.

News January 26
Image of interior of a Curaleaf marijuana store.

Marijuana MSO Curaleaf bails on California, Oregon and Colorado, cuts workforce by 4%

Marijuana multistate operator Curaleaf Holdings said Thursday that it will shutter the majority of its operations in three Western U.S. states - California, Colorado and Oregon - and reduce its…

News January 26
MJBizCon Logo