MJBizDaily

Latest Posts

Image of a bank teller's hand sliding cash through a counter window to a customer

Marijuana banking will follow major budget bill, Congress promises

Instead of marijuana rescheduling, the likeliest federal policy reform in 2025 will be marijuana banking protections. But Congress needs to pass the Big Beautiful Bill first.

News June 26
Image of the California state capitol building with downtown Sacramento in the background

California lawmakers fail to include cannabis tax relief in budget bill

Faint hopes for California cannabis industry excise tax relief evaporated Wednesday when lawmakers failed to squeeze a freeze on the levy into a state budget bill.

News June 26
Image of Ohio state flag

Ohio lawmakers unlikely to change recreational marijuana law before break

It appears unlikely that Ohio lawmakers will make changes to the state’s recreational marijuana law before their summer break.

News June 25
Image of judge's gavel and a marijuana leaf

Arkansas can enforce hemp-derived THC ban, appeals court rules

Most hemp-derived THC products in Arkansas are illegal and state officials may enforce a 2023 ban, according to a ruling from the U.S. 8th Circuit Court of Appeals.

News June 25
Image of delta-8 products on store shelves

Texas delivers potential major milestone for hemp and medical marijuana

Texas' changes in hemp and medical marijuana policy lay the foundation for significant advances for both industries - in business and politics.

News June 25
Image of the U.S. House of Representatives at night

House Republicans’ hemp-derived THC ban approved in committee

A Republican budget proposal in the U.S. House of Representatives that would ban hemp-derived THC under federal law passed a committee vote but is still far from becoming law.

News June 24
Image of $100 bills growing out of soil like plants

Arkansas nears annual medical marijuana sales mark with $121M-plus through May

With Arkansas’ medical marijuana sales exceeding $121 million through May, the state is on track to break its annual record set in 2023.

News June 24
Image of employees arranging infused chocolates before packaging

Mature cannabis markets see job losses while emerging states boom

Despite a 4.5% increase in revenue that reached $30.1 billion in 2024, the regulated marijuana industry experienced a 3.4% decline in employment, shedding 15,000 jobs to settle at 425,000 workers.

News June 24
Image of a marijuana leaf atop beverage cans

Jones Soda sells marijuana beverage business for $3 million

Jones Soda Co. sold its marijuana beverage business to MJ Reg Disrupters for $3 million.

News June 23
MJBizCon Logo