MJBizDaily

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Are AI data centers coming for cannabis cultivation real estate?

Data center developers are eyeing distressed cannabis grow facilities for their high-capacity power, HVAC and security as the industry downturn deepens.

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Latest Posts

Chart: Nationwide sales of adult-use cannabis further eclipse those of medical marijuana

While the United States has three times as many state medical marijuana markets than adult-use programs, recreational sales are expected to be roughly 30% or more above MMJ in 2020.

News August 25

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Canada, US business groups to support global cannabis industry expansion

Two North American business groups signed a memorandum of understanding to support Canadian and American companies seeking to capitalize on the growth of the international cannabis market. The agreement between…

News August 24

Several Colorado cities, counties may loosen marijuana business restrictions

As local governments across the nation look to expand their tax base during the recession, several in Colorado are contemplating loosening restrictions on marijuana companies, including prohibitions on home delivery,…

News August 24

More licensed cannabis stores coming to Manitoba

The next wave of cannabis stores has begun to arrive in Manitoba, giving Canada’s regulated marijuana industry a chance to increase market share in the country’s fifth-most-populous jurisdiction. Manitoba’s government…

News August 24

Jamaica reports $1.3 million in B2B cannabis trade as license issuances rise

The total value of trade between Jamaica’s cannabis industry license holders was approximately $1.34 million from May 2019 through July 2020, according to recent figures provided by the Cannabis Licensing…

News August 24

Some marijuana shops looted in late May reopen after spending hundreds of thousands of dollars

More than two months after thieves broke into dozens of marijuana retailers nationwide during the George Floyd protests, a number of those businesses have reopened their doors after spending hundreds…

News August 24

Need to protect your cannabis grow? Here are some security measures to consider

Thieves are getting more brazen in their attacks on marijuana companies, especially cultivation operations.

News August 23

Week in Review: Adult-use MJ sales still strong, fires burning California cannabis, Canada’s import policies scrutinized & more

Recreational marijuana sales in key markets remained solid two weeks after enhanced federal jobless benefits expired. MJBizDaily takeaway: That’s good news for the cannabis industry, but it’s still early and…

News August 22

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Cannabis MSO Green Thumb seeks to raise $150 million through stock sale

Chicago-based marijuana multistate operator Green Thumb Industries wants to raise about $150 million through the sale of 10 million shares of stock, according to a regulatory filing made with the…

News August 21