MJBizDaily

Why cannabis concentrates remain vital for retailers and manufacturers

Vapes have overtaken pre-rolls as the No. 2-selling cannabis product in the U.S., while cannabis concentrates come in at No. 5.

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

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

Latest Posts

Marijuana financier XS Financial signs $24 million line of credit

Marijuana industry finance company XS Financial has taken out a $24 million line of credit.

News August 19

Righting a Canadian cannabis company: Q&A with Hexo CEO Charlie Bowman

Charlie Bowman, CEO of Canadian cannabis company Hexo Corp., discusses how he plans to get the Quebec-based company back on solid ground.

News August 19

Ascend cancels MedMen New York cannabis acquisition

Multistate cannabis company Ascend Wellness Holdings called off its tumultuous acquisition of MedMen Enterprises' New York operation, citing concerns over the state of the company's assets.

News August 18

Michigan sets monthly marijuana sales mark with $210 million in July

Michigan marijuana retailers hit a new benchmark of nearly $210 million in total sales for July, the best month yet for the program.

News August 18

Image of a judge's gavel in front of cannabis leaves

Federal judge nullifies Maine residency requirement for cannabis owners

A federal judge threw out a Maine law that required all licensed cannabis company owners to be state residents, opening up both the medical and recreational markets to out-of-state business…

News August 18

Marijuana retailer High Tide signs downsized CA$19 million credit facility

Canadian cannabis retail chain High Tide secured a credit facility worth 19 million Canadian dollars ($14.7 million) from Alberta credit union ConnectFirst.

News August 18

Image of a budtender weighing marijuana flower

New Mexico recreational cannabis supply challenges ease as production ramps up

More recreational cannabis cultivation production is coming online in New Mexico, and new retailers are establishing the connections they need to secure supply. At the same time, some warn that…

News August 18

Don’t let commoditization in the cannabis industry get you down

These are wonderful times for economists to fret about recession and for doomsayers to point at slowdowns, consolidation and commoditization in the cannabis industry.

News August 17

Florida recreational marijuana ballot measure gets industry pushback

A proposed ballot measure to legalize recreational marijuana in Florida in 2024 has triggered harsh criticism from within the industry, signaling ongoing divides over how adult-use markets should be structured.

News August 17