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Cannabis awards are going mainstream. But does a win mean a sales boost?
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Marijuana growers face costly labor challenges, seek solutions
A coronavirus-induced labor shortage among marijuana cultivators is causing production delays, straining workers and costing some companies thousands of dollars in lost profits.
News October 18
After two-year wait, New Jersey issues 14 more medical cannabis permits
New Jersey regulators awarded 14 new medical cannabis business licenses in advance of next year's likely adult-use market launch.
News October 15
Florida paves way for Black farmer medical cannabis license
Florida announced an emergency rule to issue one license designated for a Black farmer to compete in the state’s billion-dollar medical marijuana industry.
News October 15
Nevada recreational marijuana sales top $1 billion
Recreational marijuana sales in Nevada surpassed the $1 billion mark for fiscal year 2021, according to data from the state.
News October 15
Mississippi gov issuing ‘unreasonable demands’ on cannabis, lawmakers say
Republican state lawmakers in Mississippi say that GOP Gov. Tate Reeves has been delaying a special session of the Legislature with "unreasonable demands" on parameters of a bill to legalize…
News October 15
Female cannabis execs discuss how to achieve gender equity
Gender equity across the cannabis industry is still lacking – especially in ownership and executive positions. And it’s a problem that appears to be getting worse. MJBizDaily recently completed its…
News October 15
Cresco spending $80 million to acquire another Pennsylvania marijuana firm
Chicago-based Cresco Labs said Thursday it will acquire Pennsylvania-based Laurel Harvest Labs in a cash-and-stock deal worth $80 million. The acquisition is the multistate operator’s second in less than a…
News October 14
Cannabis real estate lender gets FDIC-backed credit line
Pelorus Equity Group, a California-based commercial real estate lender to cannabis-related businesses, said it has secured a federally insured $20 million line of credit. Pelorus said it believes it’s the…
News October 14
Oregon county declares state of emergency over illegal marijuana grows
A county in Southern Oregon is asking for more help to deal with a flood of illegal marijuana grows, declaring a state of emergency and asking for the governor and…
News October 14
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