MJBizDaily

Latest Posts

, Home

The changing US cannabis banking landscape + Hexo’s falling stock prices

As long as cannabis is federally illegal in the U.S., there will be little in the way of formal protections for financial institutions that choose to work with operators in…

News September 1
Image of Chuck Schumer

Marijuana trade groups offer comments on Schumer’s federal legalization bill

Several national marijuana trade organizations and activist groups submitted written comments about a draft of the most recent federal marijuana reform measure, highlighting the need for lower taxes and interstate…

News September 1
, Home

Planet 13 to enter Florida via $55 million purchase of cannabis operator

Las Vegas vertically integrated cannabis company Planet 13 has agreed to purchase a Florida medical marijuana subsidiary of cannabis multistate operator Harvest Health & Recreation for $55 million. 

News September 1
Image of the interior of a Gage store

TerrAscend to buy Michigan cannabis operator Gage in $545 million deal

North American cannabis company TerrAscend plans to enter Michigan's marijuana market after reaching a deal to buy local operator Gage Growth in an all-stock transaction worth $545 million.

News September 1
Image of Michigan state capitol

MI marijuana rules changes include new licenses, lower fees, social equity

The Michigan Marijuana Regulatory Agency released a set of proposed rules for cannabis business, including two new license types and reduced fees.

News September 1
Image of cannabis being hand-trimmed

How large Canadian cannabis producers are leveraging small-batch craft cultivation

Large Canadian cannabis producers are turning to small-batch cultivators to tap into a growing consumer appetite for higher-quality "premium" marijuana products.

News September 1
Image of a keyboard with words System Outage

Amazon Web Services outage disrupts Treez cannabis clients in AZ, CA

Cannabis software provider Treez confirmed its retail point-of-sale software suffered a “partial service degradation,” affecting dozens of marijuana retail outlets in the Western United States. Oakland, California-based Treez attributed the…

News September 1
Image of New York City skyline

Considerations for entering the nascent New York adult-use marijuana industry

While the Marihuana Regulation and Taxation Act legalized the production, distribution and adult use of marijuana in New York State on March 31, 2021, there are still more questions than…

News September 1
on demand delivery

Cannabis brands using delivery to bypass retailers, sell directly to consumers

A handful of cannabis brands have begun selling products directly to customers through their websites, effectively bypassing the traditional brick-and-mortar retail shops and delivery companies that have become gatekeepers for…

News September 1
MJBizCon Logo