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Oklahoma medical marijuana shop hit by trademark suit

An Oklahoma bank filed a federal lawsuit against a Tulsa medical cannabis dispensary for trademark infringement. In a lawsuit filed in the Northern District of Oklahoma, the Bank of Oklahoma accused…

News March 16
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Maine issues conditional licenses to 31 adult-use cannabis companies

As Maine prepares for recreational marijuana sales to begin in a few months, regulators have issued 31 conditional adult-use cannabis licenses – 16 of them to retailers. In addition to the…

News March 16
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Amid coronavirus, Canadian cannabis stores see ‘unprecedented’ sales surge

Cannabis stores in Ontario and Alberta reported “unprecedented demand” as the country hunkers down to fight a worsening coronavirus outbreak, industry sources say.

News March 16
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Wholesale cannabis flower prices in Massachusetts climb on mounting demand, sluggish supply

Prices for wholesale cannabis flower grown for Massachusetts' recreational market are some of the highest in the nation, as the state’s producers slowly ramp up production to meet roaring demand.

News March 16
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Business takeaways from Illinois’ first day of legal adult-use cannabis sales

As more and more markets across the United States have legalized marijuana sales, experienced cannabis retailers have come to expect certain speed bumps on launch day.

News March 15
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Week in Review: Coronavirus’ effects on marijuana firms, Tilray plans $90M raise, Maine aims to tackle illicit MJ & more

Marijuana retailers, vape product suppliers and MJ industry conferences and trade shows are among the cannabis businesses dealing with challenges related to coronavirus.

News March 14
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Cannabis shops take preventive measures in response to coronavirus, report fewer customers yet larger purchases

Marijuana retailers are seeing customers stocking up on products as the coronavirus spreads across the United States. Stores also are implementing extra precautions to keep both customers and employees safe.

News March 13
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MJBizDaily podcast: Coronavirus hits cannabis industry and more

Coronavirus dominated global headlines, including for the cannabis industry. Some of the other top headlines addressed in this week’s MJBizDaily podcast include: Washington state ups its social equity stake. Earnings madness…

News March 13
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What to do in this bear market, new Florida market analysis, KushCo retracts guidance and more

Cannabis stocks aren't immune from the wild swings of the broader public markets, but even in this bear market, we maintain our investment thesis for the industry. 

News March 13
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