MJBizDaily

Latest Posts

Image of Maine state flag

More than 90% of Maine municipalities opt out of recreational cannabis sales

Maine's recreational cannabis market continues to grow despite less than 10% of the towns and cities in the state allowing adult-use marijuana sales.

News September 20
Image of marijuana buds

‘Millions of pounds’ of legal marijuana diverted to underground market, California lawsuit alleges

Major flaws in California's marijuana regulatory system have allowed criminals to gain control of legal distribution permits and divert "untold millions of pounds" of cannabis to the illicit market -…

News September 20
Image of drug testing vials

Is it time to rethink how employers and law enforcement test for cannabis use?

In a preliminary manuscript currently undergoing peer review in a well-known journal, Michael DeGregorio and other researchers offer tangible evidence that criminally prosecuting or terminating employment based solely on the…

News September 20
Image of New Jersey state capitol

NJ to miss deadline to start adult-use marijuana applications, report says

New Jersey regulators reportedly won’t make Saturday’s statutory deadline to begin accepting adult-use marijuana business license applications for the projected $1 billion market. But they plan to publish a public…

News September 20
Image of lobby of Canopy Growth's Tweed facility

Canopy’s chief legal officer leaving cannabis firm in October

Phil Shaer, the chief legal officer for Canadian cannabis producer Canopy Growth, is set to leave the company next month, according to a regulatory filing with the U.S. Securities and…

News September 20
Image of businesspeople shaking hands

Driven by Stem acquires Oregon marijuana business for $2.9 million

Marijuana multistate operator Driven by Stem acquired Oregon cannabis extraction company Artifact Extracts in a $2.925 million deal that includes two retail stores. The all-stock translation closed Sept. 17 with…

News September 20
A chrart showing the cost of debt declining for large cannabis MSOs with some recent loans.

Marijuana MSO debt costs fall, but capital issues linger for smaller firms

Large marijuana multistate operators are enjoying lower loan interest rates these days, thanks to stronger balance sheets and the industry's increasing stability as more states legalize MJ and federal reform…

News September 20
Clubhouse, TikTok social media

Cannabis companies checking out business benefits of new social media platforms

The cannabis industry is in the early stages of figuring out how to talk, joke or maybe even dance its way to success on the burgeoning social media apps Clubhouse…

News September 19
Image of Michigan state capitol

Proposed changes to Michigan cannabis caregiver rules spur protest

A series of bills introduced this month in the Michigan Legislature - and supported by large marijuana businesses - was met with a wave of backlash from angry medical cannabis…

News September 17
MJBizCon Logo