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Exterior image of the building where Housing Works Cannabis Co. is located.

New York City nonprofit preps for Day 1 of adult-use marijuana sales as state’s only operating retailer

Housing Works' nonprofit status, decades of legacy service in the community and retail experience uniquely positioned the organization to become New York’s first licensed adult-use marijuana store to open for…

News December 29
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Struggling cannabis companies turn to Canadian insolvency law

An unusual number of cannabis companies have used a Canadian corporate insolvency law called the Companies' Creditors Arrangement Act (CCAA) in 2022, a trend that demonstrates both the marijuana industry's…

News December 28
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Ripped from the headlines: MJBizDaily’s most-read marijuana business stories of 2022

Here’s a look back at the 10 most-read marijuana business stories of 2022 that were written by the staff of MJBizDaily.

News December 27
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Bottoming out: Adult-use cannabis prices nosedive in Massachusetts as market hits oversaturation point

Similar to Colorado, Michigan, Oregon and Washington state, Massachusetts has too much cannabis on the market and demand can't keep up with supply, causing prices across several sectors to fall…

News December 23
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Bipartisan lawmakers urge Biden to deschedule marijuana

On the heels of failed cannabis banking reform, a bipartisan group of 24 federal lawmakers asked President Joe Biden on Thursday to “recognize the merits of full descheduling” of marijuana.

News December 22
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Trulieve to study ground-cannabis hazards in OSHA deal after worker death

Under a settlement with a federal agency stemming from an employee's death, Florida-based Trulieve Cannabis will study the potential hazards of ground marijuana dust.

News December 22
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Connecticut marijuana official leaving post days ahead of adult-use launch

Andrea Comer is stepping down as chair of the Social Equity Council for Connecticut's recreational marijuana industry, less than two weeks before the state’s adult-use market is supposed to launch…

News December 22
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MediPharm Labs to acquire Vivo Cannabis in all-stock Canadian deal

MediPharm Labs is acquiring Vivo Cannabis in an all-stock deal, marking the latest consolidation move in the Canadian marijuana industry.

News December 22
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SAFE Banking’s failure: Who’s to blame, and what’s next for marijuana industry?

After SAFE Banking failed in Congress, we take a look at what went wrong and what’s next for banking options for the marijuana industry.

News December 22
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