More than half of US hemp flower grown in California
California led the nation in hemp flower acreage and production in 2022, according to an MJBizDaily analysis of…
News March 7
Latest In: Michigan
Herbl receivership unloads 3 assets from marijuana distributor’s historic collapse
Two buyers placed winning auction bids of more than $1.4 million to acquire certain assets from California marijuana…
News March 6
Corruption allegations highlight risk-reward of limited cannabis licenses
Rejected for a coveted cannabis retail license in an affluent California wine country town, a small marijuana retail…
News March 5
Michigan, Georgia raids net thousands of cannabis plants, hundreds of pounds
Recent law enforcement raids in Michigan and Georgia have resulted in the seizure of thousands of plants and…
News February 29
Marijuana tech company Agrify prices public offering to raise $2.6 million
Marijuana technology company Agrify Corp. has priced a public offering to raise gross proceeds of $2.6 million.
News February 28
Michigan marijuana company buys 11 stores from in-state competitor
Stash Ventures, a vertically integrated marijuana company in Mount Pleasant, Michigan, acquired 11 stores from Cloud Cannabis Co.…
News February 2
Cannabis tech company Agrify gets extension for Nasdaq rule compliance
Cannabis tech company Agrify Corp. said it will keep its listing on the Nasdaq for now as it…
News January 31
Michigan’s total marijuana sales reach $3 billion in 2023
Marijuana retailers in Michigan sold a whopping $3.06 billion in adult-use and medical products in 2023, according to…
News January 17
Adult-use marijuana sales growth in 2023 varied by market age
Year-over-year marijuana sales-growth rates varied in 2023, with new markets continuing to grow and established markets not declining…
News January 10
Detroit marijuana operators sue city after late license revocation
A group of Detroit marijuana operators are suing the city for revoking a business license years after it…
News December 6
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