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MJBizDaily

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News

The cannabis industry is having a price compression crisis. What’s the solution?

U.S. cannabis sales declined year over year for the first time on record, falling from $32 billion to $29.94 billion.

Featured

Shirts referencing the newly legal marijuana market in New York City.

State fairs are the ideal place for an honest conversation about cannabis

News
Story Cannabis CEO Jason Vedadi (Courtesy photo)

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

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

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

News
Image of cannabis leaf and seeds

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

News

Latest Posts

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Opinion: Now is not the time for interstate marijuana commerce in California

A state senator is proposing legislation that would open California's borders to interstate marijuana commerce. Now's not the time for such a move.

News March 15
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Canada proposes hike in purchase limit for cannabis drinks, but low THC cap to remain

Canada’s federal government is seeking public input on proposed regulations that would effectively increase by more than eightfold the amount of cannabis beverages consumers could purchase at any one time.

News March 15
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Los Angeles marijuana chief Cat Packer steps down

Cat Packer, executive director of the Los Angeles Department of Cannabis Regulation, is leaving the post after nearly five years in the role.

News March 14
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Ancillary cannabis grow firm Agrify raises $135 million in additional capital

Agrify, an ancillary cannabis cultivation company, signed a definitive agreement to raise as much as $135 million in capital from a debt financing to strengthen its balance sheet and support…

News March 14
Image of a judge's gavel in front of cannabis leaves

Arkansas court extends restraining order halting marijuana dispensary licensing

A circuit court judge in Arkansas extended a temporary restraining order that prevents state regulators from issuing its remaining two medical marijuana dispensary licenses.

News March 14
Graphic looking at New Jersey's impending adult-use cannabis market

New Jersey prepares to launch $2 billion recreational cannabis market

New Jersey’s recreational cannabis market is gearing up to launch within weeks and is poised to become one of the largest on the East Coast with annual sales projected to…

News March 14
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Marijuana MSO Moxie sues backers of Green Growth linked to merger collapse

California cannabis multistate operator Moxie sued the billionaire family backing insolvent Green Growth Brands, claiming fraud in connection with a $310 million merger deal in 2019 that was scrapped.

News March 11
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Ancillary cannabis company Greenlane cuts costs, seeks loan

Greenlane Holdings, a distributor of cannabis accessories, is undertaking cost-cutting measures in a bid to raise capital and achieve profitability.

News March 11
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Delaware adult-use marijuana legalization bill fails in House

A bill in Delaware that would have legalized adult-use marijuana in the state and set up a cannabis business program was defeated in the House.

News March 11
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