Latest In: Recreational

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Opportunities abound with distressed marijuana businesses – but use caution

Because there is a dwindling number of states that haven’t legalized medical and/or recreational marijuana, it is easy…

News January 9
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Cannabis financial services firm Safe Harbor cuts $1.2M liability in new deal

Cannabis industry finance company Safe Harbor Financial has eliminated $1.2 million of indemnity liability through a four-year extension…

News January 8
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Colorado shut out of marijuana rescheduling hearings by ‘biased’ DEA, filing alleges

The U.S. Drug Enforcement Administration rejected a September request from Colorado officials to participate in the United States'…

News January 8
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Ohio recreational cannabis sales surpass $242 million in 2024

Ohio recreational cannabis retailers recorded $242.2 million in sales in 2024 - only five months after the state…

News January 7
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Agrify sells cannabis cultivation business for $7 million

Cannabis company Agrify Corp. on Monday announced a deal to sell its cultivation operation for $7 million to…

News January 6
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Marijuana operator Canopy USA appoints Jorgensen as first president

Canopy USA, the American-based holding company of Canadian marijuana operator Canopy Growth Corp., has appointed M. Brooks Jorgensen…

News January 6
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Canadian cannabis operator Entourage inks deal to go private

Canadian cannabis company Entourage Health Corp. plans to go private in a deal with its primary investor and lender,…

News January 6
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Marijuana goes national: 7 industry predictions for 2025

Here are seven MJBizDaily predictions for developments in 2025 that could impact the U.S. marijuana and hemp industries.

News January 6
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Cannabis operator Stiiizy says customer records acquired during data breach

Los Angeles-based cannabis operator Stiiizy said this week that a cybercrime group accessed some retail customer data when…

News January 3
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Marijuana MSO Vireo Growth raises $81M in oversubscribed funding round

Cannabis multistate operator Vireo Growth raised $6 million more than it hoped for in a private placement offering…

News January 3
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