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Why cannabinoid bans fail, and what the federal hemp THC ban extension actually gave operators
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Lawsuit seeks to overturn Los Angeles’ cannabis social equity licensing process
A lawsuit filed last week aims to have the results of Los Angeles’ social equity retail licensing round last fall thrown out and the entire process redone. The suit, filed in California Superior Court…
News April 20
Cannabis producer CannTrust to be delisted from NYSE on April 27
The New York Stock Exchange has informed the U.S. Securities and Exchange Commission that it intends to delist the shares of beleaguered Canadian cannabis producer CannTrust on April 27, according…
News April 20
German wholesalers of Dutch medical cannabis under pressure as competition grows, margins shrink
The number of cannabis wholesalers in Germany is growing rapidly, but the amount of cannabis shipped from the Netherlands is steady - resulting in decreasing product available per wholesaler and, likely,…
News April 20
California cannabis distributors sharing info on firms that pay their bills, those that don’t
A small group of licensed California marijuana distributors is trying to solve the ripple effects of unpaid bills by pooling information detailing which companies are reliable or unreliable at paying…
News April 20
Cannabis extractors should be actively involved with growers who provide their raw materials
Successful cannabis extraction businesses can improve their situations even more by working closely with the cultivation companies that supply their product.
News April 19
Deadline to legalize marijuana in Mexico extended again
Mexico’s deadline to legalize cannabis has been extended to Dec. 15. The Supreme Court accepted a request from a group of Senators on Friday to postpone the April 30 deadline…
News April 18
Week in Review: Canopy Growth closes cannabis grows, COVID-19 reshaping MJ business models, MA rec shops take a hit & more
Canopy Growth’s new CEO said the once high-flying marijuana giant is shuttering additional cannabis cultivation facilities in Africa, Canada, Colombia and the United States. MJBizDaily takeaway: The Canadian company’s retrenchment…
News April 18
More potential problems for MedMen, coronavirus-boosted sales & Investor Intelligence Virtual Briefings
While an extreme situation - such as the current COVID-19 pandemic - can uncover weaknesses we weren't aware of in some companies, it also serves to further highlight problems that…
News April 17
Members of Congress seek marijuana industry inclusion in coronavirus relief
Almost three dozen members of the U.S. House of Representatives have signed a letter to congressional leaders urging that cannabis companies be included in future federal relief packages aimed at…
News April 17
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