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 businesses should act after the DEA marijuana rescheduling 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

Image of two businesspeople shaking hands

Schwazze adds two more Colorado marijuana stores to portfolio

Schwazze, a Denver-headquartered vertically integrated multistate operator, entered an agreement to pay $2.75 million to acquire “certain assets” of Lightshade Labs, a 10-store Colorado chain.

News September 16

Cannabis retailer Fire & Flower reports CA$21.6 million loss for quarter

Canadian cannabis retailer Fire & Flower reported a loss of 21.6 million Canadian dollars ($16 million) on plunging sales for the quarter ended July 30, 2022.

News September 16

Image of Daydream Valley Farm’s greenhouse

Heat wave strains California marijuana operators amid power outages, disruptions

A nearly two-week heat wave punctuated the end of another challenging summer for California marijuana businesses. Some operators told MJBizDaily they experienced power outages and other daily disruptions stemming from…

News September 16

Exterior image of a High Tide Canna Cabana store in Canada

Cannabis retailer High Tide’s quarterly sales nearly double to CA$95.4M

Cannabis retailer High Tide reported third-quarter revenue of 95.4 million Canadian dollars ($71.8 million), nearly double the company's take for the same period last year.

News September 15

Image of Wyld CBD product packaging and Martha Stewart CBD packaging.

Wyld CBD parent accuses Martha Stewart CBD of copyright infringement

Oregon-based Northwest Natural Goods alleges in a lawsuit that Canopy Growth's Martha Stewart CBD product line intentionally copied Northwest's Wyld CBD brand packaging and marketing designs.

News September 15

Arkansas saga continues as marijuana legalization ballot measure ruled invalid

A November ballot initiative in Arkansas to legalize adult-use marijuana hit a roadblock when the secretary of state ruled the measure invalid.

News September 15

Vermont issues first licenses for recreational cannabis retailers

Vermont issued its first retail adult-use cannabis business licenses, with at least one store aiming to open Oct. 1.

News September 15

MO high court decision will keep adult-use marijuana legalization on ballot

A voter initiative in Missouri to legalize adult-use marijuana has survived its latest legal challenge and will appear on the state's Nov. 8 ballot.

News September 15

Cannabis wholesale chaos didn’t ‘meaningfully impact’ Canada’s market – or did it?

Crippling service disruptions at two of Canada’s biggest government-run cannabis wholesalers in August do not appear to have meaningfully impacted the broader market, interim data for the month suggests.

News September 15