MJBizDaily
Texas rejected a hemp THC ban. Why is the industry being regulated out of business?
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BIPOC marijuana entrepreneurs share tips on getting into the industry
Ancillary cannabis businesses offer disadvantaged entrepreneurs a way into the industry without having to compete for a marijuana license or start with enormous liquid assets, according to industry leaders.
News October 21
Cannabis firm Jushi secures $100 million funding with 9.5% interest rate
Multistate cannabis operator Jushi Holdings Inc. secured a $100 million credit facility with a 9.5% annual interest rate to bankroll expansion in the company’s core and targeted U.S. markets.
News October 21
Marijuana MSO Verano ups credit agreement with $120M loan at 8.5%
Chicago-based marijuana multistate operator Verano Holdings Corp. said Wednesday it amended an existing credit agreement to secure an additional $120 million in funding at a lower annual interest rate of…
News October 21
Growth tops 2022 cannabis business priorities for MJBizCon attendees
Many cannabis entrepreneurs have a simple goal for 2022: growth. That was the most common answer from MJBizCon attendees in Las Vegas when asked about their 2022 priorities.
News October 21
Speakers bullish on marijuana outlook + FDIC and cannabis
Three industry experts who presented at the MJBizFinance Forum predicted the marijuana industry is heading in the right direction, albeit with bumps along the way.
News October 20
South Dakota lawmakers introduce bill to legalize adult-use cannabis
South Dakota lawmakers introduced a bill to legalize adult-use cannabis, heeding a recommendation from a legislative subcommittee that was assigned to study the issue.
News October 20
MJBiz CEO sees at least 4 more states legalizing marijuana in 2022, big M&A deals
At least four more states will legalize cannabis in some form in 2022 and industry mergers and acquisitions will "noticeably accelerate," MJBiz CEO Chris Walsh predicted Wednesday.
News October 20
US Senate panel removes barrier to DC recreational marijuana sales
The U.S. Senate's Appropriations Committee released a spending bill that removes a longstanding prohibition on adult-use cannabis sales in the District of Columbia.
News October 20
Hexo taps cannabis beverage head as next CEO
Hexo Corp. appointed Scott Cooper, current head of its beverage joint venture, as its new chief executive officer, effective immediately.
News October 20
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