MJBizDaily
Congress barely understands hemp THC. Lawmakers should learn and regulate – not ban
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DOJ official reiterates stance against marijuana firms in 280E fight
A Biden administration official has weighed in against marijuana companies a second time to the U.S. Supreme Court in cases involving Section 280E of the tax code.
News May 25
Arizona lawmakers reject proposed cannabis billboard ban
State legislators in Arizona declined an opportunity to place more marketing restrictions on cannabis businesses by turning down a bill that would have banned billboard ads by marijuana companies in…
News May 25
Marijuana hydroponics firm to buy nutrient business for $125 million
Marijuana hydroponics equipment and supplies company Hydrofarm Holdings Group struck a deal to acquire nutrient producer House & Garden for roughly $125 million. It’s Hydrofarm’s second acquisition this year. The…
News May 25
Aurora Cannabis shares make debut on Nasdaq after firm departs NYSE
Edmonton, Alberta-based Aurora Cannabis has left the New York Stock Exchange (NYSE) and followed some of its Canadian competitors onto the Nasdaq Global Select Market. Aurora, which lost 1.4 billion…
News May 25
Price per milligram of THC declining in cannabis-infused products
The average price per milligram of THC in infused cannabis products such as beverages and edibles has declined steadily since January 2020, a likely sign of increased competition as marijuana…
News May 25
With DEA approval, New Mexico to get $300 million marijuana research facility
An immense marijuana cultivation facility is slated for rural New Mexico, now that the parent company has gotten the green light from the federal government to begin growing cannabis for…
News May 24
Oregon recalls vape products over out-of-state cannabis terpenes
Oregon regulators pulled marijuana vape products off the shelves that allegedly contain cannabis-derived terpenes imported from California.
News May 24
Marijuana legalization outlook: Kansas, SC fall short, but Texas reform bill alive
Time ran out this month for medical marijuana legalization bills in Kansas and South Carolina. Nevertheless, progress was made in both states, raising hopes among legalization advocates for next year.
News May 24
Missouri lawmakers pass bill to ease medical cannabis firms’ taxes
Doing business in Missouri could become less expensive for the state’s medical cannabis industry – provided the governor gives his stamp of approval. During their recently concluded legislation session, Missouri…
News May 24
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