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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
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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
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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
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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
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Arizona adult-use marijuana initiative clears final legal hurdle

The Arizona Supreme Court on Thursday ruled that a voter initiative that would legalize a commercial recreational marijuana program in the state will appear on the November ballot, removing the…

News August 21
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High Tide to acquire Meta Growth, creating major Canadian cannabis retailer

Canadian marijuana retailer High Tide is acquiring competitor Meta Growth Corp., creating an entity touted as Canada’s largest cannabis retailer. The combined companies will operate 63 retail stores across Alberta,…

News August 21
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Canadian recreational marijuana sales reach record CA$201 million in June

Canadian retail sales of adult-use cannabis crested yet again in June, increasing 7.9% over the record set in May. Monthly retail sales grew in every Canadian province, reaching nearly 201.1…

News August 21
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Iowa medical cannabis businesses face profit woes amid heavy restrictions

Iowa’s 2-year-old medical marijuana program is struggling to become financially viable, constrained by low THC levels, high prices, minimal physician participation - and more.

News August 21
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