MJBizDaily

Latest Posts

Exterior image of New York subway train

New York announces limits on marijuana retail licenses, opens up applications

New York regulators set a cap of 150 for the number of conditional marijuana retail permits for the first round of adult-use business licensing.

News August 25
Image of the interior of the Aurora Sky facility in Edmonton, Alberta.

Aurora Cannabis buys profitable vegetable firm for CA$45M, sells Sky greenhouse

Aurora Cannabis is diversifying into the vegetable propagation and ornamental flowers business amid a massive marijuana glut in Canada by acquiring a controlling interest in Bevo Agtech, one of the…

News August 25
Image of the Pennsylvania state capitol building lighted in green

Pennsylvania marijuana market in tumult amid falling prices, consolidation

The Pennsylvania medical marijuana market is in upheaval, with smaller companies getting squeezed by falling wholesale prices while their ranks are thinned by growing consolidation among multistate operators.

News August 25
Image of a MedMen store in West Palm Beach, Florida

MedMen completes Florida cannabis exit for $16 million less than original deal

Cannabis multistate operator MedMen Enterprises finished its exit from the Florida market, having closed the sale of its assets for $67 million - a whopping $16 million less than when…

News August 24
Image of two businesspeople shaking hands

RIV Capital signs lease for marijuana facility in Buffalo, New York

RIV Capital entered into a lease agreement for the development and operation of a planned flagship marijuana cultivation and manufacturing facility in Buffalo, New York.

News August 24
Image of Oregon state capitol

Curaleaf fined, Oregon license suspended in THC-CBD snafu

Cannabis multistate operator Curaleaf Holdings was fined $130,000 and its business license suspended for 23 days by Oregon regulators for mixing up THC and CBD in infused products last year.

News August 24
Image of Khadijah Tribble

Cannabis industry group experiences leadership shake-up as member departs

The U.S. Cannabis Council (USCC), a leading industry trade group, appointed Khadijah Tribble as interim CEO, replacing Steven Hawkins.

News August 24
Image of Truss cannabis drinks

Truss recalls 37,000 marijuana beverages over ‘pinhole leaks’

Etobicoke, Ontario-based Truss Limited Partnership is recalling three lots of its XMG Cola marijuana drink because of "pinhole leaks" that could develop in the aluminum cans, potentially leading to leakage…

News August 24
Image of budtenders at Med Pharm in Oklahoma

Budtender turnover hinders the cannabis industry – here’s how to improve it

High turnover rates among budtenders continue to plague the cannabis retail sector, a problem that has ramifications for the industry beyond just the immediate costs.

News August 24
MJBizCon Logo