MJBizDaily

Story Cannabis CEO Jason Vedadi (Courtesy photo)

The cannabis CEO behind a $2.1 billion sale bets again, but smaller

After selling Harvest to Trulieve for $2.1 billion, Jason Vedadi runs Story Cannabis, betting on profit over footprint as rescheduling looms.

Voice of the Plant: Genetics are the cannabis industry’s greatest asset – act accordingly

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Why the federal hemp ban threatens cannabis seed banks – and your favorite genetics

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Why cannabis concentrates remain vital for retailers and manufacturers

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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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Latest Posts

Image showing a step in the edibles production process

State AGs urge Congress to clamp down on ‘copycat’ marijuana edibles

Nearly two dozen state attorneys general from across the U.S. signed a letter to congressional leaders this week urging lawmakers to crack down on marijuana edibles brands that imitate popular…

News June 24

Major League Baseball clears CBD sponsorships

Major League Baseball will allow teams to accept CBD sponsorships, a watershed advance for cannabis acceptance in professional athletics.

News June 24

Opinion: How marijuana companies can protect themselves in a cash-based world

Cannabis business owners can mitigate the cash-only liability by understanding industry challenges and hiring qualified help to navigate them.

News June 24

FDA bans e-cigarette Juul; impact on cannabis vape market to be determined

The U.S. Food and Drug Administration ordered popular e-cigarette maker Juul's products off the market, a move that likely won't have an immediate impact on the marijuana vape industry but…

News June 23

SAFE stripped from omnibus bill; new marijuana banking measure introduced

The SAFE Banking Act has hit yet another wall in Congress and won't be included in the final version of an economic stimulus bill.

News June 23

Image of Zermatt, Switzerland, with the Matterhorn in the background during sunset

Switzerland set to launch regulated medical cannabis market

Switzerland's seven-member Federal Council has presented Parliament with an amendment to the country's Narcotics Act to remove the ban on medical cannabis, effectively opening the door to a wider addressable…

News June 23

Image of Connecticut state capitol building

Connecticut draws 37,000 applicants for 56 adult-use marijuana licenses

More than 37,000 applications have been entered into lotteries for an initial round of 56 adult-use marijuana licenses in Connecticut, including 23,487 applications for 28 social equity licenses.

News June 23

Creators of Muscle Milk release hemp-infused fitness beverage

The creators of Muscle Milk, a popular protein drink, on Wednesday released a new energy drink infused with hemp.

News June 23

New York chooses management for state’s marijuana social equity fund

The state of New York has chosen "premier minority-led investment team" Social Equity Impact Ventures to manage its $200 million marijuana industry social equity investment fund.

News June 23