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MJBizDaily

President Donald Trump in the Oval Office signing an executive order reclassifying cannabis as less dangerous.
News

Trump marijuana rescheduling is ‘solely’ political, opponent claims as DEA hearings begin

Did President Trump's Justice Department reclassify cannabis as a medicine only because of political pressures, including campaign donations?

Featured

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How cannabis cultivators are responding to rising energy costs

News
, Second US cannabis company uplisted to NYSE to begin trading Tuesday

Second US cannabis company uplisted to NYSE to begin trading Tuesday

News
Image of DEA agent badge

Why cannabis businesses need to apply for DEA registration now – and why states must help

News
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Bipartisan lawmakers reintroduce SAFER Banking on eve of marijuana rescheduling hearings

News

Latest Posts

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New York medical cannabis operators owe the state millions they claim they can’t afford

Operators are pleading for a break, claiming that market conditions render the $15 million conversion fee as far too high.

News June 1
Image of Nasdaq signage on the side of a glass buidling

US cannabis stocks are trading on Robinhood. What does it mean?

Stocks in several U.S. cannabis multistate operators are now trading on the brokerage app Robinhood, but uplisting to major exchanges is still at least a few months away.

News May 29
Image of an employee checking a customer's ID as a $100 bill sits near the register

California cannabis sales dip slightly again in first quarter of 2026

Licensed cannabis retailers generated $956.7 million in sales in the first quarter, down from $976.5 million during the same period a year earlier.

News May 29
The Payment Problem No One Warns CBD Retailers About

Cannabis payments are facing a reckoning as workarounds disappear

Cannabis operators are used to payment solutions that disappear overnight. But as margins squeeze, that's a risk most businesses can't afford to take.

News May 29
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Minnesota merges medical and adult-use cannabis supply chains

Allows hemp operators to hold marijuana licenses without giving up their existing hemp businesses

News May 28
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Cannabis MSO sells off Massachusetts retail permit ‘on the low side’ for $1 million

The sale, from an Arizona-based marijuana multistate operator, represents a potentially low valuation for a valid but not-yet-operational retail permit in Massachusetts.

News May 28
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How small cannabis operators are preparing for interstate commerce

If products move across state lines, regulators will have to reconcile different lab standards, labeling rules and shelf-life requirements.

News May 28
Image of DEA Chief Administrative Law Judge John Mulrooney II overseeing Monday's marijuana rescheduling hearing

Three states join fight against marijuana rescheduling as deadline looms

Three states have gone on record formally opposing marijuana rescheduling ahead of major hearings scheduled for June.

News May 27
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Vireo Growth’s latest deals see cannabis MSO expand to real estate, agribusiness

The MSO bought its New York cultivation facility from landlord Innovative Industrial Properties for $88.5 million.

News May 27
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