MJBizDaily
Congress barely understands hemp THC. Lawmakers should learn and regulate – not ban
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Canadian cannabis extracts topped CA$324 million in sales in 2020
Sales of cannabis extracts and concentrates tripled between the first and final quarter of last year, ending 2020 with roughly 324 million Canadian dollars ($265 million) in retail sales, according…
News May 6
Trulieve acquires marijuana cultivation license, two dispensary permits in WV
Trulieve Cannabis completed a $6 million cash-and-stock acquisition of West Virginia medical marijuana operator Mountaineer Holding.
News May 6
Credit Suisse reportedly halts US cannabis stock transactions
Global investment banking firm Credit Suisse Group reportedly has told customers in recent months that it has decided to stop executing stock transactions of cannabis companies with U.S. operations or hold…
News May 6
California hemp bill could provide new opportunities for marijuana firms
Two bills in the California Legislature that would establish a new regulatory framework for hemp-infused goods - including CBD-infused foods and drinks - are poised to become law this year,…
News May 6
West Virginia opens medical marijuana patient registration
Nearly four years after West Virginia voters legalized medical cannabis, state officials are allowing eligible patients to register for the program. According to Charleston TV station WOWK, the state’s Office…
News May 5
Cannabis producer Sundial to buy retailer Inner Spirit for CA$131 million
Sundial Growers plans to acquire Inner Spirit Holdings, a major Canadian cannabis retailer and franchisor of Spiritleaf stores, in a deal worth 131 million Canadian dollars ($107 million) in cash…
News May 5
Marijuana retailers prep for shoppers by hiring staff, keeping COVID safeguards
With more than 100 million Americans now fully vaccinated against COVID-19, marijuana retailers are adding employees and overhauling their operations in anticipation of more foot traffic inside their stores. They…
News May 5
Alabama inches closer to key vote on medical marijuana legalization
Alabama state House Republicans opposed to medical marijuana legalization used a filibuster to block a vote after hours of debate Tuesday, but the measure is expected back on the House…
News May 5
Cannabis companies can leverage TikTok, Clubhouse, other social media platforms
In the past year, several new social media platforms have exploded into the market and are making a big impact on the cannabis space.
News May 5
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