3 states increase cannabis levies as ideal tax rate remains elusive
Three states are raising cannabis taxes this year in response to budget deficits, with more predicted shortfalls looming…
News July 9
Latest In: Finance
Auxly Cannabis reaches ‘turning point’ with closing of 2 transactions
Auxly Cannabis Group has closed on two transactions intended to reduce the Canadian operator's debt and strengthen its…
News July 8
2 board members, including Kris Krane, resign from marijuana operator 4Front
Two board members of 4Front Ventures Corp. have resigned as the marijuana company wrestles with receivership and bankruptcy…
News June 30
Maine hikes adult-use marijuana tax 40%; consumption lounge bill stalls
Maine’s adult-use marijuana tax will increase from 10% to 14% starting Jan. 1 under the $11.3 billion state…
News June 27
How private credit built – and will continue to sustain – the marijuana industry
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) In the…
News June 27
Principals of cannabis ad platform Weedmaps back out of stock purchase
WM Technology co-founders Douglas Francis and Justin Hartfield are backing out of a deal to purchase the company's…
News June 26
Marijuana banking will follow major budget bill, Congress promises
Instead of marijuana rescheduling, the likeliest federal policy reform in 2025 will be marijuana banking protections. But Congress…
News June 26
California lawmakers fail to include cannabis tax relief in budget bill
Faint hopes for California cannabis industry excise tax relief evaporated Wednesday when lawmakers failed to squeeze a freeze…
News June 26
Ayr dismisses talk of Connecticut exit amid its other marijuana consolidations
Ayr Wellness's struggles with debt and losses are known, but Connecticut is also proving a tough market for…
News June 23
Cannabis companies still standing after reset are ‘well positioned to thrive’
The correction the cannabis industry has experienced over the past five years has reset expectations and valuations to…
News June 20
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