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  • Canadian cannabis producers’ overdue excise taxes more than triple to CA$52M
    Unpaid federal excise duty is piling up in Canada’s cannabis industry, with excise debt more than tripling to 52.4 million Canadian dollars ($40 million) as of March 2022, up sharply from CA$16 million owed in March 2021, according to an MJBizDaily analysis of Canada Revenue Agency data. Canadian cannabis producers’ overdue excise taxes more than triple to CA$52M is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Rhode Island legislators pass bill legalizing recreational marijuana
    Rhode Island is poised to become the 19th state in the U.S. to legalize recreational marijuana, after House and Senate legislators on Tuesday passed limited-license, social equity-focused legislation. Rhode Island legislators pass bill legalizing recreational marijuana is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Registration is now open for MJBizCon 2022 in November
    Registration for MJBizCon 2022 is now open, as the world’s largest cannabis business event prepares to welcome cannabis industry professionals back to the Las Vegas Convention Center on Nov. 15-18. Registration is now open for MJBizCon 2022 in November is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Hundreds of cannabis store workers in Quebec go on strike
    Upwards of 300 employees at approximately two dozen cannabis stores in Quebec went on strike over the weekend after the province-run Société québécoise du cannabis (SQDC) suspended the union's leadership, along with 75 employees, over apparent dress-code violations, according to the union representing the workers. Hundreds of cannabis store workers in Quebec go on strike is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Minnesota lawmakers greenlight THC from hemp for adult use
    Minnesota adults older than 21 will be able to buy intoxicating hemp-derived THC products in grocery and convenience stores under a bill that lawmakers approved late Sunday. Minnesota lawmakers greenlight THC from hemp for adult use is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Nerds candymaker sues cannabis company over trademark allegations
    Chicago-based Ferrara Candy Co. filed another lawsuit in a federal court against a cannabis company for allegedly infringing on the trademark for its popular Nerds brand. Nerds candymaker sues cannabis company over trademark allegations is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Marijuana MSO MedMen successfully fends off $60 million Arizona lawsuit
    Marijuana multistate operator MedMen Enterprises said it prevailed in a $60 million breach-of-contract lawsuit involving its 2018 purchase of a vertically integrated medical cannabis operation in Arizona. Marijuana MSO MedMen successfully fends off $60 million Arizona lawsuit is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Reliable and legal cannabinoid seeds in Europe: Q&A with Enecta’s Jacopo Paolini
    Enecta co-founder and Chief Science Officer Jacopo Paolini discusses how his company developed a certified cannabinoid variety and how long it will take to see other cannabinoid-producing plants win government approval, Reliable and legal cannabinoid seeds in Europe: Q&A with Enecta’s Jacopo Paolini is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Colorado expands recall for tainted marijuana flower
    Colorado regulators expanded a product recall for marijuana flower produced by a vertically integrated business in Boulder. Colorado expands recall for tainted marijuana flower is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Has Canada reached cannabis retail saturation? Not yet, data firm says
    Canada's cannabis industry has been sounding the alarm about oversaturation of retail stores, with the CEO of Sundial Growers warning of "massive store closures" and some stores closing or going up for sale in Ontario. However, every Canadian province except Alberta could actually handle more recreational cannabis stores, according to an industry analyst. Has Canada reached cannabis retail saturation? Not yet, data firm says is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Hemp farmers eligible for new $6 billion USDA disaster relief fund
    Hemp growers who lost crops during natural disasters in 2021 and 2020 are eligible for relief payments from a new $6 billion fund through the U.S. Department of Agriculture. Hemp farmers eligible for new $6 billion USDA disaster relief fund is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Verano prevails in interstate marijuana trafficking lawsuit
    Illinois-based multistate operator Verano Holdings said it won a lawsuit in which it was accused of transporting marijuana from its home state to Arkansas. Verano prevails in interstate marijuana trafficking lawsuit is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Samuel Adams brewer, Entourage Health to launch THC teas in Canada by July
    Boston Beer Co. plans to launch nonalcoholic THC-infused teas in Canada by July and is tapping marijuana producer Entourage Health to produce the cannabis. Samuel Adams brewer, Entourage Health to launch THC teas in Canada by July is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Los Angeles revamps cannabis rules to speed permit approvals, boost social equity
    Los Angeles has revised its cannabis ordinance and tweaked some other related rules in an effort to speed up business license application processing and approval timelines. Los Angeles revamps cannabis rules to speed permit approvals, boost social equity is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • US appeals court: Hemp-derived Delta-8 THC products are ‘lawful’
    Delta-8 THC derived from hemp is "lawful" and eligible for trademark protection, a federal appeals court ruled in a vaping dispute. US appeals court: Hemp-derived Delta-8 THC products are ‘lawful’ is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • New York approves 58 more hemp cultivators to grow adult-use marijuana
    New York increased the number of conditional adult-use marijuana cultivation licensees from 88 to 146 after the state’s Cannabis Control Board approved 58 new applications. New York approves 58 more hemp cultivators to grow adult-use marijuana is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Second Delaware bill to legalize adult-use marijuana loses in House vote
    A second bill to create an adult-use marijuana industry in Delaware failed in the House by one vote when a lawmaker fell ill. Second Delaware bill to legalize adult-use marijuana loses in House vote is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • FDA chief ‘very committed’ to making progress on CBD, other cannabinoids
    The head of the U.S. Food and Drug Administration says he is "very committed" to making progress on CBD but says his agency needs more authority to do so. FDA chief ‘very committed’ to making progress on CBD, other cannabinoids is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Canadian cannabis producer Canopy Growth shuts ESG unit in latest layoffs
    Canopy Growth Corp. dissolved the Social Impact and Advocacy team, which led the company's environmental, social and governance (ESG) strategy, during its latest round of cost-cutting layoffs. Canadian cannabis producer Canopy Growth shuts ESG unit in latest layoffs is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Marijuana MSO Ascend Wellness borrows additional $36.5 million
    Marijuana multistate operator Ascend Wellness Holdings tacked on $36.5 million of additional borrowing to its existing senior secured credit facility. Marijuana MSO Ascend Wellness borrows additional $36.5 million is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Massachusetts House votes in favor of reforming cannabis social equity
    Lawmakers in the Massachusetts House joined their Senate counterparts in approving legislation to promote greater diversity in the state's licensed cannabis industry. Massachusetts House votes in favor of reforming cannabis social equity is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • $140 million Colorado marijuana ownership dispute revived by judge
    $140 million Colorado marijuana ownership dispute revived by judge is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Cresco Labs secures $38 million tax breaks for New York cannabis facility
    Multistate operator Cresco Labs succeeded in its push to get $38 million in tax breaks for a planned cannabis cultivation and manufacturing facility in Ulster County, New York. Cresco Labs secures $38 million tax breaks for New York cannabis facility is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • California gov’s marijuana tax plan fails to fix key problems, industry officials say
    California Gov. Gavin Newsom's proposal to eliminate the state cultivation tax on marijuana is a welcome move, according to industry officials. But they argue the governor's plan fails to go far enough to help an industry beset by high taxes, burdensome regulations and a robust illicit market. California gov’s marijuana tax plan fails to fix key problems, industry officials say is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Canopy inks option deal to buy CA cannabis extractor for at least $69M
    Smiths Falls, Ontario’s Canopy Growth Corp. entered a deal giving it the right to buy California-based Jetty Extracts for at least $69 million (89 million Canadian dollars) in cash and stock. Canopy inks option deal to buy CA cannabis extractor for at least $69M is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Actor Sacha Baron Cohen drops lawsuit over ‘Borat’ marijuana billboard
    Actor Sacha Baron Cohen dropped a lawsuit against Massachusetts marijuana cultivator and retailer Solar Therapeutics, which featured his popular "Borat" character on a highway billboard without permission. Actor Sacha Baron Cohen drops lawsuit over ‘Borat’ marijuana billboard is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Opinion: Financing challenges continue to plague mainstream cannabis industry
    Financing challenges are at the top of a long list of growing pains cannabis companies are facing. Opinion: Financing challenges continue to plague mainstream cannabis industry is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • $5 million plan to use marijuana taxes for hemp processing fails in Colorado
    A Colorado proposal to use $5 million in marijuana tax collections to help buy machines to process hemp fibers failed. $5 million plan to use marijuana taxes for hemp processing fails in Colorado is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Rhode Island lawmakers change adult-use cannabis legalization bill
    Legislators in Rhode Island revised a bill to legalize adult-use cannabis with the hope the changes could help the measure pass the state's General Assembly. Rhode Island lawmakers change adult-use cannabis legalization bill is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
  • Ohio awards 70 provisional licenses for medical marijuana dispensaries
    The number of medical marijuana storefronts in Ohio could soon more than double after the state’s pharmacy board approved 70 provisional dispensary licenses. Ohio awards 70 provisional licenses for medical marijuana dispensaries is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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