MJBizDaily
Congress barely understands hemp THC. Lawmakers should learn and regulate – not ban
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Oklahoma cannabis firm closes $44M funding round, expands into Missouri
Oklahoma-based Stability Cannabis said Thursday it completed a $44 million Series A funding round and acquired a minority ownership stake in a vertically integrated Missouri medical marijuana business. Stability Cannabis…
News May 20
Martha Stewart joins marijuana firm Canopy Growth as strategic adviser
Canadian marijuana producer Canopy Growth Corp. said Thursday that it is appointing Martha Stewart as strategic adviser, a move designed to deepen the Ontario-based company's business ties with the consumer…
News May 20
Cannabis REIT upsizes senior note offering to raise $300 million
Cannabis industry real estate investment trust Innovative Industrial Properties (IIP) said it upsized a previously announced private debt offering to raise $300 million. The senior notes from IIP’s operating partnership…
News May 20
Montana lawmakers water down adult-use marijuana law, but industry says result ‘workable’
Although no one in the Montana marijuana industry is joyous over a watered-down implementation bill that became law Wednesday, most businesses are thankful they can now proceed with adult-use plans…
News May 20
Move to legalize adult-use marijuana in Louisiana falls short
An attempt to legalize adult-use marijuana died in the Louisiana House, but not before signs emerged that such an effort might eventually find success. House Bill 699 lost by a…
News May 19
Are marijuana megadeals on the rise?
The May 10 announcement that Florida-based Trulieve would acquire Arizona-headquartered Harvest Health & Recreation for $2.1 billion could indicate that big marijuana mergers are making a return.
News May 19
Missouri can’t keep cannabis license applications secret, court rules
Applicants who were denied medical cannabis business licenses in Missouri might now be able to compare competitors’ applications with their own after an appeals court ruled that regulators cannot keep…
News May 19
Canada’s legal cannabis market continues to erode illicit market’s share
The gap between Canada’s legal and illicit cannabis markets continues to widen, the latest Statistics Canada data suggests. Household spending on adult-use cannabis products in regulated channels grew to 918…
News May 19
NM legal challenge targets medical marijuana purchase limits, plant counts
A New Mexico medical marijuana patient is challenging rules regarding purchase restrictions for consumers and plant-count limits for producers, an action that could bolster MMJ businesses.
News May 19
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