Cannabis Business News

MJ Biz Daily

  • Drivers for marijuana distributor Nabis vote to join Teamsters union
    Organized labor has scored another victory in the marijuana industry, with drivers for California distributor Nabis saying Friday they have voted to join the Teamsters Local 630. Drivers for marijuana distributor Nabis vote to join Teamsters union is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Pennsylvania’s review of vaporized medical cannabis products heats up
    Controversy over a Pennsylvania review of medical marijuana vape products has mushroomed, with regulators warning that some products could be removed from the shelves, grower/processors contemplating legal action against the state and 630,000-plus patients in the dark about what to do. Pennsylvania’s review of vaporized medical cannabis products heats up is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Schwazze borrows $95 million, acquires New Mexico cannabis operations
    Colorado cannabis company Schwazze raised $95 million in capital and struck a deal worth $42 million for acquisitions in New Mexico. The $95 million capital raise includes $93 million worth of convertible notes that carry a 13% annual interest rate over a five-year term and are secured against company assets, according to a news release […] Schwazze borrows $95 million, acquires New Mexico cannabis operations is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • CA, NM offering financial support to social equity marijuana companies
    California and New Mexico will be offering financial support to qualifying social equity marijuana businesses, government officials in both states said this week. CA, NM offering financial support to social equity marijuana companies is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • New rash of California marijuana robberies threaten survival of businesses
    A spate of violent robberies targeting marijuana businesses in the San Francisco Bay Area last month have thrown into question the survival of several small businesses, with the combined losses of those operators estimated to be at least $5 million. New rash of California marijuana robberies threaten survival of businesses is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Portland, Oregon, cannabis companies can tap into $1.3 million aid fund
    In a rare move for the marijuana industry, the city of Portland, Oregon, is financially assisting cannabis businesses negatively affected by the COVID-19 pandemic and other problems. Portland, Oregon, cannabis companies can tap into $1.3 million aid fund is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • How single-state cannabis operators can win by focusing on local markets
    As in every other business, cannabis brands are vying for consumer attention amid a sea of competition. How single-state cannabis operators can win by focusing on local markets is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • San Francisco delays marijuana tax a second time to combat illicit market
    San Francisco authorities approved a second one-year suspension of the city's marijuana business tax, a decision intended to help licensed cannabis businesses become more competitive with illegal dealers. San Francisco delays marijuana tax a second time to combat illicit market is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Emerald exiting Canada’s cannabis industry after losing over CA$200M
    Emerald Health Therapeutics plans to exit Canada's recreational and medical cannabis sectors after racking up more than 200 million Canadian dollars ($156 million) in losses since its inception Emerald exiting Canada’s cannabis industry after losing over CA$200M is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Treasury Secretary Yellen gives nod to marijuana banking reform
    Treasury Secretary Janet Yellen expressed implicit support this week for allowing state-legal marijuana companies to access federal banking services – as a way to help tax collection. Treasury Secretary Yellen gives nod to marijuana banking reform is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Constellation CEO Newlands exits board of cannabis producer Canopy
    Bill Newlands, CEO of Canopy Growth benefactor Constellation Brands, resigned from the board of directors of the struggling Canadian cannabis producer last week, according to a regulatory filing dated Nov. 29. Newlands notified Canopy of his resignation Nov. 24, effective immediately. The resignation of Newlands comes on the heels of a major shake-up among Canopy’s […] Constellation CEO Newlands exits board of cannabis producer Canopy is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Minnesota adds edibles products to medical marijuana program
    Minnesota regulators are adding medical marijuana edibles to the list of products available to patients, a move that could boost sales for both processors and dispensaries. Minnesota adds edibles products to medical marijuana program is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Arizona accepting applications for 26 social equity cannabis licenses
    Regulators in Arizona are taking applications for social equity cannabis retail licenses despite ongoing lawsuits seeking to stop multistate marijuana operators from getting the permits. Arizona accepting applications for 26 social equity cannabis licenses is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Oklahoma medical marijuana businesses demand steps to combat illicit grows
    Concerns over expanding illicit cannabis operations in Oklahoma are putting pressure on regulators and law enforcement to take action to stamp out the alleged criminal activity some argue is hiding behind the state's booming legal medical marijuana industry. Oklahoma medical marijuana businesses demand steps to combat illicit grows is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Why Goodness Growth moved into Maryland cannabis market + attracting investors
    In November, Goodness Growth Holdings (CSE: GDNS; OTCQX: GDNSF) closed its acquisition of Charm City, a medical cannabis dispensary in Baltimore. Why Goodness Growth moved into Maryland cannabis market + attracting investors is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Ontario Cannabis Store should improve inventory management, watchdog says
    Ontario's cannabis wholesaler has room for improvement when it comes to managing its product inventory and forecasting demand for that merchandise from retailers, according to a new report from the Office of the Auditor General of Ontario. Ontario Cannabis Store should improve inventory management, watchdog says is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Marijuana fintech company raises $125 million to fund growth
    Los Angeles-based financial technology firm Bespoke Financial said it closed on a $125 million credit facility with institutional investors to increase its lending capacity. Marijuana fintech company raises $125 million to fund growth is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • SPAC raises $200 million to target cannabis-related companies
    A California-based special purpose acquisition company (SPAC) raised $200 million in an initial public offering to target companies involved in the growing medical cannabis or cannabinoid industry. SPAC raises $200 million to target cannabis-related companies is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Marijuana industry lender Chicago Atlantic plans to become REIT with IPO
    Chicago-based marijuana industry lender Chicago Atlantic Real Estate Finance is planning an initial public offering on the Nasdaq stock exchange. Marijuana industry lender Chicago Atlantic plans to become REIT with IPO is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Vermont doctors push to lower cannabis potency cap
    A coalition of Vermont doctors is urging state lawmakers to cap the amount of THC allowed in all cannabis products at 15%, a move that, if implemented could have major ramifications for marijuana companies in the state. Vermont doctors push to lower cannabis potency cap is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Colorado Harvest scuttles marijuana acquisition attempt by Stem Holdings
    Denver-headquartered marijuana business Colorado Harvest Co. terminated a deal in which it was to be acquired by Florida-based Stem Holdings, known as Driven by Stem. Colorado Harvest scuttles marijuana acquisition attempt by Stem Holdings is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Cannabis acreage cap in key California region creates bottlenecks, headaches for growers
    A cannabis cultivation cap in Santa Barbara County enacted more than two years ago was intended to prop up the legal market and appease industry critics in one of the state’s largest growing regions. Cannabis acreage cap in key California region creates bottlenecks, headaches for growers is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Cannabis reform group CPEAR adds two former Congress members
    Two former members of Congress have signed on as co-chairs of a national cannabis reform group, further adding to the ranks of ex-lawmakers who are now advocating for federal marijuana legalization. Cannabis reform group CPEAR adds two former Congress members is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • CA marijuana operator Harborside to acquire Urbn Leaf, Loudpack
    Venerable California vertical marijuana operator Harborside is making a big move to expand in the state with  definitive agreements to acquire Urbn Leaf, a San Diego-headquartered retailer, and Loudpack, a cultivator, processor and distributor based in Los Angeles. CA marijuana operator Harborside to acquire Urbn Leaf, Loudpack is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Cannabis data firm Headset raises $8.6 million for expansion
    Cannabis industry data and analytics company Headset raised $8.6 million in new funding. Cannabis data firm Headset raises $8.6 million for expansion is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Colorado senators urge passage of marijuana banking via defense bill
    Colorado's two U.S. senators added their names to a growing list of members of Congress urging legislative leaders not to strip a marijuana banking bill out of an omnibus defense spending package that is likely to be renegotiated in December. Colorado senators urge passage of marijuana banking via defense bill is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • SciPhy Systems & Artisan Industries Inc. introduce the next generation of distillation systems – the ARTISAN X-D200.
    http://www.sciphysystems.com   For Immediate Release – SciPhy Systems, Portland OR & Artisan Industries Inc., Stoughton, MA have introduced the ARTISAN X-D200, an evolutionary thin film distillation system specifically designed for the cannabinoid processing industry. The Next Generation of Distillation Systems The ARTISAN X-D200 represents a major improvement in distillation equipment compared to traditional wiped film […] SciPhy Systems & Artisan Industries Inc. introduce the next generation of distillation systems – the ARTISAN X-D200. is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Massachusetts cannabis retailer sues city over ‘community impact fees’
    A cannabis retailer in Cape Ann, Massachusetts, is suing the city of Gloucester over "community impact fees" the company says are excessive and bad for business. Massachusetts cannabis retailer sues city over ‘community impact fees’ is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Marijuana MSO quarterly results show slower revenue increases
    Most of the top publicly held marijuana multistate operators posted single-digit revenue gains in the quarter ended Sept. 30, slowing from the sizzling double-digit growth in the previous quarter. Marijuana MSO quarterly results show slower revenue increases is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Utah measure to increase medical marijuana access not yet implemented
    A measure signed into law in March to increase access to Utah’s medical marijuana program still hasn’t been implemented, frustrating patient advocates and costing operators potential business. Utah measure to increase medical marijuana access not yet implemented is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Medical Marijuana Inc. News

  • An error has occurred; the feed is probably down. Try again later.

Marijuana Business Magazine

  • Drivers for marijuana distributor Nabis vote to join Teamsters union
    Organized labor has scored another victory in the marijuana industry, with drivers for California distributor Nabis saying Friday they have voted to join the Teamsters Local 630. Drivers for marijuana distributor Nabis vote to join Teamsters union is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Pennsylvania’s review of vaporized medical cannabis products heats up
    Controversy over a Pennsylvania review of medical marijuana vape products has mushroomed, with regulators warning that some products could be removed from the shelves, grower/processors contemplating legal action against the state and 630,000-plus patients in the dark about what to do. Pennsylvania’s review of vaporized medical cannabis products heats up is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Schwazze borrows $95 million, acquires New Mexico cannabis operations
    Colorado cannabis company Schwazze raised $95 million in capital and struck a deal worth $42 million for acquisitions in New Mexico. The $95 million capital raise includes $93 million worth of convertible notes that carry a 13% annual interest rate over a five-year term and are secured against company assets, according to a news release […] Schwazze borrows $95 million, acquires New Mexico cannabis operations is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • CA, NM offering financial support to social equity marijuana companies
    California and New Mexico will be offering financial support to qualifying social equity marijuana businesses, government officials in both states said this week. CA, NM offering financial support to social equity marijuana companies is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • New rash of California marijuana robberies threaten survival of businesses
    A spate of violent robberies targeting marijuana businesses in the San Francisco Bay Area last month have thrown into question the survival of several small businesses, with the combined losses of those operators estimated to be at least $5 million. New rash of California marijuana robberies threaten survival of businesses is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Portland, Oregon, cannabis companies can tap into $1.3 million aid fund
    In a rare move for the marijuana industry, the city of Portland, Oregon, is financially assisting cannabis businesses negatively affected by the COVID-19 pandemic and other problems. Portland, Oregon, cannabis companies can tap into $1.3 million aid fund is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • How single-state cannabis operators can win by focusing on local markets
    As in every other business, cannabis brands are vying for consumer attention amid a sea of competition. How single-state cannabis operators can win by focusing on local markets is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • San Francisco delays marijuana tax a second time to combat illicit market
    San Francisco authorities approved a second one-year suspension of the city's marijuana business tax, a decision intended to help licensed cannabis businesses become more competitive with illegal dealers. San Francisco delays marijuana tax a second time to combat illicit market is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Emerald exiting Canada’s cannabis industry after losing over CA$200M
    Emerald Health Therapeutics plans to exit Canada's recreational and medical cannabis sectors after racking up more than 200 million Canadian dollars ($156 million) in losses since its inception Emerald exiting Canada’s cannabis industry after losing over CA$200M is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Treasury Secretary Yellen gives nod to marijuana banking reform
    Treasury Secretary Janet Yellen expressed implicit support this week for allowing state-legal marijuana companies to access federal banking services – as a way to help tax collection. Treasury Secretary Yellen gives nod to marijuana banking reform is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Constellation CEO Newlands exits board of cannabis producer Canopy
    Bill Newlands, CEO of Canopy Growth benefactor Constellation Brands, resigned from the board of directors of the struggling Canadian cannabis producer last week, according to a regulatory filing dated Nov. 29. Newlands notified Canopy of his resignation Nov. 24, effective immediately. The resignation of Newlands comes on the heels of a major shake-up among Canopy’s […] Constellation CEO Newlands exits board of cannabis producer Canopy is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Minnesota adds edibles products to medical marijuana program
    Minnesota regulators are adding medical marijuana edibles to the list of products available to patients, a move that could boost sales for both processors and dispensaries. Minnesota adds edibles products to medical marijuana program is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Arizona accepting applications for 26 social equity cannabis licenses
    Regulators in Arizona are taking applications for social equity cannabis retail licenses despite ongoing lawsuits seeking to stop multistate marijuana operators from getting the permits. Arizona accepting applications for 26 social equity cannabis licenses is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Oklahoma medical marijuana businesses demand steps to combat illicit grows
    Concerns over expanding illicit cannabis operations in Oklahoma are putting pressure on regulators and law enforcement to take action to stamp out the alleged criminal activity some argue is hiding behind the state's booming legal medical marijuana industry. Oklahoma medical marijuana businesses demand steps to combat illicit grows is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Why Goodness Growth moved into Maryland cannabis market + attracting investors
    In November, Goodness Growth Holdings (CSE: GDNS; OTCQX: GDNSF) closed its acquisition of Charm City, a medical cannabis dispensary in Baltimore. Why Goodness Growth moved into Maryland cannabis market + attracting investors is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Ontario Cannabis Store should improve inventory management, watchdog says
    Ontario's cannabis wholesaler has room for improvement when it comes to managing its product inventory and forecasting demand for that merchandise from retailers, according to a new report from the Office of the Auditor General of Ontario. Ontario Cannabis Store should improve inventory management, watchdog says is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Marijuana fintech company raises $125 million to fund growth
    Los Angeles-based financial technology firm Bespoke Financial said it closed on a $125 million credit facility with institutional investors to increase its lending capacity. Marijuana fintech company raises $125 million to fund growth is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • SPAC raises $200 million to target cannabis-related companies
    A California-based special purpose acquisition company (SPAC) raised $200 million in an initial public offering to target companies involved in the growing medical cannabis or cannabinoid industry. SPAC raises $200 million to target cannabis-related companies is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Marijuana industry lender Chicago Atlantic plans to become REIT with IPO
    Chicago-based marijuana industry lender Chicago Atlantic Real Estate Finance is planning an initial public offering on the Nasdaq stock exchange. Marijuana industry lender Chicago Atlantic plans to become REIT with IPO is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Vermont doctors push to lower cannabis potency cap
    A coalition of Vermont doctors is urging state lawmakers to cap the amount of THC allowed in all cannabis products at 15%, a move that, if implemented could have major ramifications for marijuana companies in the state. Vermont doctors push to lower cannabis potency cap is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Colorado Harvest scuttles marijuana acquisition attempt by Stem Holdings
    Denver-headquartered marijuana business Colorado Harvest Co. terminated a deal in which it was to be acquired by Florida-based Stem Holdings, known as Driven by Stem. Colorado Harvest scuttles marijuana acquisition attempt by Stem Holdings is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Cannabis acreage cap in key California region creates bottlenecks, headaches for growers
    A cannabis cultivation cap in Santa Barbara County enacted more than two years ago was intended to prop up the legal market and appease industry critics in one of the state’s largest growing regions. Cannabis acreage cap in key California region creates bottlenecks, headaches for growers is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Cannabis reform group CPEAR adds two former Congress members
    Two former members of Congress have signed on as co-chairs of a national cannabis reform group, further adding to the ranks of ex-lawmakers who are now advocating for federal marijuana legalization. Cannabis reform group CPEAR adds two former Congress members is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • CA marijuana operator Harborside to acquire Urbn Leaf, Loudpack
    Venerable California vertical marijuana operator Harborside is making a big move to expand in the state with  definitive agreements to acquire Urbn Leaf, a San Diego-headquartered retailer, and Loudpack, a cultivator, processor and distributor based in Los Angeles. CA marijuana operator Harborside to acquire Urbn Leaf, Loudpack is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Cannabis data firm Headset raises $8.6 million for expansion
    Cannabis industry data and analytics company Headset raised $8.6 million in new funding. Cannabis data firm Headset raises $8.6 million for expansion is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Colorado senators urge passage of marijuana banking via defense bill
    Colorado's two U.S. senators added their names to a growing list of members of Congress urging legislative leaders not to strip a marijuana banking bill out of an omnibus defense spending package that is likely to be renegotiated in December. Colorado senators urge passage of marijuana banking via defense bill is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • SciPhy Systems & Artisan Industries Inc. introduce the next generation of distillation systems – the ARTISAN X-D200.
    http://www.sciphysystems.com   For Immediate Release – SciPhy Systems, Portland OR & Artisan Industries Inc., Stoughton, MA have introduced the ARTISAN X-D200, an evolutionary thin film distillation system specifically designed for the cannabinoid processing industry. The Next Generation of Distillation Systems The ARTISAN X-D200 represents a major improvement in distillation equipment compared to traditional wiped film […] SciPhy Systems & Artisan Industries Inc. introduce the next generation of distillation systems – the ARTISAN X-D200. is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Massachusetts cannabis retailer sues city over ‘community impact fees’
    A cannabis retailer in Cape Ann, Massachusetts, is suing the city of Gloucester over "community impact fees" the company says are excessive and bad for business. Massachusetts cannabis retailer sues city over ‘community impact fees’ is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Marijuana MSO quarterly results show slower revenue increases
    Most of the top publicly held marijuana multistate operators posted single-digit revenue gains in the quarter ended Sept. 30, slowing from the sizzling double-digit growth in the previous quarter. Marijuana MSO quarterly results show slower revenue increases is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Utah measure to increase medical marijuana access not yet implemented
    A measure signed into law in March to increase access to Utah’s medical marijuana program still hasn’t been implemented, frustrating patient advocates and costing operators potential business. Utah measure to increase medical marijuana access not yet implemented is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

%d bloggers like this: