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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Latest Posts

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The road ahead for cannabis lending in 2025

It is challenging to make cannabis lending more accessible, but that's where innovative companies can step in.

News March 27

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New York City scores court victory against shuttered illicit marijuana operators

New York City’s crackdown on illicit marijuana operators is constitutional, a federal judge has ruled.

News March 26

Canadian cannabis producer rebrands as Organigram Global

Canadian cannabis producer Organigram Holdings has rebranded to Organigram Global as it seeks to expand its presence in the international market.

News March 26

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DC’s medical marijuana market set for shake-up as ‘gifting’ shops transition

Medical marijuana dispensaries are multiplying rapidly in Washington, D.C., as regulators convert “gifting” shops that were operating under Initiative 71.

News March 26

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SNDL acquires minority stake in Canadian cannabis rival High Tide

Canadian cannabis and alcohol company SNDL has acquired a minority stake in competitor High Tide, which operates the largest retail chain in the country.

News March 26

Arizona crackdown on illegal THC sales to begin April 24, attorney general says

Sales of THC-infused products in Arizona anywhere but at licensed marijuana stores is illegal and enforcement will begin April 24, the state's attorney general warned in letters to cannabis retailers.

News March 25

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Virginia governor vetoes another adult-use marijuana sales bill

Virginia Republican Gov. Glenn Youngkin - as expected - has once again rejected a bill that would allow sales of adult-use marijuana in the state.

News March 25

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Cannabis MSO Verano Holdings secures $12 million loan

Cannabis multistate operator Verano Holdings Corp. closed a $12 million "cross-collateralized" senior mortgage from Rainbow Realty Group and MJ Real Estate Investment Trust in which the company put up cultivation…

News March 25