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Mississippi medical cannabis challenge may not be decided until after election

It looks as if the Mississippi Supreme Court won’t consider a legal challenge to a medical cannabis initiative being on the ballot – until the election is over. Chief Justice…

News October 29
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MJBizDaily details plan for wide-ranging coverage of 2020 election

Marijuana Business Daily is rolling out extensive coverage of the 2020 general election to give readers timely updates and analysis of legalization ballot measures in five states as well as…

News October 29
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Marijuana MSO Harvest Health raises nearly $35 million in stock offering

Marijuana multistate operator Harvest Health & Recreation raised $34.5 million (46 million Canadian dollars) through a public offering of subordinate stock, the company said Wednesday. The Arizona-based marijuana company said…

News October 29
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Danish medical cannabis market sees positive quarter

Denmark's medical cannabis pilot program notched another positive quarter, but the number of unique consumers remains well below the trial's peak of a year ago.

News October 29
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Illinois cannabis retail applicants get court hearing on license do-over

A group of Illinois cannabis retail license applicants will get to argue their case next week on a suit seeking to compel the state to award 75 new licenses.

News October 29
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Nevada marijuana market regains footing after strict COVID-19 restrictions, fewer tourists

Nevada’s recreational marijuana sales have largely recovered, having slumped in the spring from some of the strictest coronavirus shutdown measures in the nation and dwindling numbers of tourists visiting Las…

News October 29
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Marijuana MSO 4Front enters $30M sale-leaseback deal to pay down debt

Multistate operator 4Front Ventures is utilizing a $30 million sale-leaseback transaction to rid itself of debt to a corporate lender, the company said.

News October 28
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Cannabis software firm Akerna seeks to raise $12 million in public offering

Denver-based Akerna, a marijuana compliance software company, plans to raise $12 million by selling 5 million shares.

News October 28
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Bahamas panel recommends marijuana and hemp legalization

A Bahamas committee charged with laying out an economic recovery plan recommended the country legalize marijuana for recreational, medical and religious use. The Economic Recovery Committee (ERC) called for the…

News October 28
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