MJBizDaily

Image of a person holding a mobile phone bearing the seal of the U.S. Drug Enforcement Administration with the DEA's website in the background

How cannabis business should navigate marijuana rescheduling after the DEA hearings

The historic DEA marijuana rescheduling hearings are over and there's no outcome yet. But there's much cannabis operators should do now.

Image of DEA Chief Administrative Law Judge John Mulrooney II overseeing Monday's marijuana rescheduling hearing

Latest Posts

Missouri NAACP calls on voters to reject adult-use cannabis ballot initiative

The Missouri NAACP is asking voters not to vote for Amendment 3, a ballot initiative that would legalize adult-use cannabis in the state.

News October 11

Detroit medical marijuana retailer suspended, fined for improper tracking

House of Mary Jane, a medical marijuana dispensary in Detroit, will be temporarily shut down and fined by Michigan regulators for not properly tracking its products.

News October 11

Image of two businesspeople shaking hands

CBD company Charlotte’s Web signs distribution deal with liquor giant

Hemp-derived CBD product maker Charlotte's Web Holdings signed a distribution agreement with major liquor distributor Southern Glazer's Wine & Spirits.

News October 11

Image of Basilica of San Albino in Las Cruces, New Mexico

New Mexico cannabis sales top $39 million in September

Cannabis sales in New Mexico surpassed $39 million in September, with recreational marijuana accounting for $24 million of that total.

News October 11

Marijuana financial restatements show industry still maturing, insiders say

The marijuana industry has an accounting problem, with a number of companies correcting errors in financial statements in recent years through restatements.

News October 11

Image depicting company financial losses

Tilray reports $66 million loss as cannabis sales decline

Cannabis and alcohol company Tilray Brands lost $65.8 million (90 million Canadian dollars) in the first quarter ended Aug. 30 as net revenue declined 9% year-over-year to $153.2 million.

News October 7

US, Canadian marijuana stocks surge, decline after Biden announcement

Shares of publicly traded cannabis companies surged late Thursday and then declined Friday morning after U.S. President Joe Biden's surprise announcement that he would direct the government to review the…

News October 7

Aurora Cannabis repurchases $23 million worth of debt

Canadian marijuana company Aurora Cannabis reduced its debt load by repurchasing roughly 31.3 million Canadian dollars ($23 million) worth of its convertible senior notes.

News October 7

New York adult-use marijuana stores ‘on track’ to open this year, governor says

New York is "on track" to open 20 adult-use cannabis dispensaries this year, Gov. Kathy Hochul said. The governor also said in an exclusive interview with the Advance Media New…

News October 7