MJBizDaily

Legal cannabis industry sheds jobs for first time

Retail revenue fell to $29.1 billion – the first year-over-year drop since adult-use sales began, according to the U.S. Cannabis Jobs Report.

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New York investigating marijuana giant Stiiizy for possible ‘inversion,’ report says

California-based cannabis megabrand Stiiizy is under investigation in New York for allegedly smuggling marijuana from out of state into licensed stores.

News April 7

Minnesota judge reinstates lottery for adult-use cannabis social equity licenses

A Minnesota judge has ordered the state's cannabis regulators to hold a lottery to issue business licenses to qualified social equity applicants after growing fears the lotto might be canceled…

News April 7

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Marijuana operator’s petition, lawsuit allege Alabama commissioners are unfair

Medical marijuana company Alabama Always filed a petition and a lawsuit seeking to prevent the state Medical Cannabis Commission's current commissioners from participating in licensing decisions, alleging bias and unlawful…

News April 7

Image of Wana Brands hemp-derived beverages on a store shelf

Big players enter hemp-derived THC drink market amid growing restrictions, bans

Another week, another move from an established company into the federally legal, hemp-derived THC market.

News April 7

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Oklahoma voters could weigh in on adult-use marijuana legalization in 2026

Oklahoma voters could see an adult-use marijuana legalization initiative on their 2026 ballots.

News April 4

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Marijuana MSO Standard Wellness secures $14M credit line to refinance debt

Marijuana multistate operator Standard Wellness Holdings has received a $14 million senior secured credit line from Advanced Flower Capital to refinance existing debt.

News April 4

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MJBizCon offers speakers chance to share cannabis insights, shape industry

Speaking at MJBizCon "offers a chance to share insights and strategies that empower others to elevate their businesses and the cannabis industry as a whole."

News April 4

Exterior image of Maine state capitol building

Marijuana consumption lounge bill introduced in Maine

A group of Republican lawmakers in Maine has introduced a bill that would allow municipalities to approve or license marijuana consumption venues within their jurisdiction.

News April 3