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Senate Democrat signs onto Trump-defying Republican proposal to ban hemp THC
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How cultivators can prepare for a cannabis harvest
Both indoor and outdoor marijuana and hemp growers can give themselves a leg up by thinking ahead when it comes to arguably the most crucial step in the entire cultivation…
News July 29
Tilray reports $336M annual loss, targets $4B in cannabis sales by 2024
Canadian cannabis producer Tilray reported an annual loss of $336 million (422 million Canadian dollars) for its fiscal year ended May 31, capping off a transformative year in which the…
News July 28
Missouri reminds medical marijuana businesses about advertising limits
Missouri’s medical marijuana regulatory agency recently warned MMJ dispensaries that they could be violating state rules by advertising sales events or discounts on products. According to a July 9 email…
News July 28
Lawsuit that could have delayed Illinois cannabis business licensing dropped
A Michigan-based marijuana company withdrew a lawsuit it filed less than two weeks ago against Illinois’ governor, removing a potential delay for 185 pending cannabis business permits. According to the…
News July 28
Michigan credit union to offer banking services to marijuana companies
Michigan-based Frankenmuth Credit Union has launched a product to provide banking to cannabis companies in the area, despite regulators going after another credit union for similar actions earlier this year.
News July 28
Colorado launches Cannabis Business Office to assist MJ companies
Colorado is forming a new state agency, the Cannabis Business Office, designed to provide more governmental support to marijuana companies, particularly social equity entrepreneurs.
News July 28
Canadian cannabis producers have sold less than 20% of output since adult-use legalization
Cannabis producers in Canada have sold less than 20% of their production since the country launched adult-use sales in October 2018, according to an MJBizDaily analysis.
News July 28
Proposed tax rates in Schumer’s marijuana reform bill elicit ‘sticker shock’
The draft bill outlining Senate Majority Leader Chuck Schumer’s federal marijuana reform legislation sets a nationwide MJ excise tax that would rise from 10% to 25% over five years, a…
News July 28
New Mexico marijuana operator prevails in drawn-out legal case
In what seems like a mere formality at this point, a New Mexico appellate court upheld a 2018 lower court ruling allowing the state’s largest medical marijuana operator, Ultra Health,…
News July 27
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