MJBizDaily

Latest Posts

, Home

Alaska recalls contaminated cannabis products from two businesses

Alaska regulators ordered a marijuana product recall after tests showed that a cultivator and retailer in the town of Houston possessed contaminated cannabis. “This is the first time contaminated products…

News January 10
, Home

British Columbia cannabis tax revenue set to soar, adding to pressure for local revenue-sharing deal

British Columbia’s monthly share of the federal tax on cannabis rebounded 62% to 781,000 Canadian dollars ($600,000) for August after falling below CA$300,000 in July for only the second time…

News January 10
washington state marijuana

Washington state eyes marijuana enforcement changes after study

Washington cannabis regulators are recommending changes in their enforcement policies after industry officials complained the state has been “heavy-handed” in its oversight. The proposed changes come in response to a…

News January 10
, Home

Week in Review: IL adult-use marijuana stores face shortages, Michigan early recreational MJ sales near $6.5M, Harvest pivots on deals & more

After the Jan. 1 launch, some Illinois adult-use cannabis retailers have cut off customers temporarily to conserve inventory, recreational marijuana sales in Michigan hit almost $6.5 million in first month, Harvest Health & Recreation…

News January 10
, Home

Vermont lawmakers push for adult-use cannabis sales, taxation

Some Vermont lawmakers and other officials urged the full Legislature to pass a law to regulate and tax marijuana sales in the state, a renewed attempt to approve a full-fledged…

News January 9
, Home

Vertically integrated operators in US are cheaper, more profitable than in Canada

Simply put, there is a huge difference in the investment risk/reward profile of the seven largest (by market capitalization as of Jan. 1, 2020) publicly traded, vertically integrated operators in…

News January 9
, Home

New medical cannabis sales opportunities in Peru face downward price pressure after winning company’s very low bid

The price offered by the winner of the first bidding process to supply medical cannabis in Peru came in well below that of other applicants, setting a precedent for the market’s…

News January 9
, Home

Some marijuana firms turn to small investor opportunities in tight funding climate

In a move to address funding challenges, one California marijuana producer is turning to mom-and-pop investors.

News January 9
, Home

Illinois opens applications for additional marijuana license classes

Illinois regulators have opened the application process for cannabis entrepreneurs seeking craft grower, transporter and infuser licenses, paving the way for additional business opportunities in the state’s newly launched recreational…

News January 9
MJBizCon Logo