The all-male leadership team at a Los Angeles-based national marijuana retailer affiliated with prominent brand Cookies imposed a “bro culture” that encouraged “pervasive gender discrimination,” according to a lawsuit filed by five former women employees.
A Michigan circuit court has appointed a receiver for the assets of PharmaCo, a property of Canada-based cannabis multistate operator Red White & Bloom Brands.
Because there is a dwindling number of states that haven’t legalized medical and/or recreational marijuana, it is easy to be fooled into believing opportunities to get a cannabis business license would likewise be shrinking.
Opportunities abound, however.
A Florida administrative law judge has upheld a 2022 decision by regulators to reject a plan by multistate operator Green Thumb Industries to open medical cannabis dispensaries near or adjacent to Circle K stores.
Cannabis industry finance company Safe Harbor Financial has eliminated $1.2 million of indemnity liability through a four-year extension and modification of its agreement with Partner Colorado Credit Union.
The U.S. Drug Enforcement Administration rejected a September request from Colorado officials to participate in the United States’ historic marijuana rescheduling process.
Ohio recreational cannabis retailers recorded $242.2 million in sales in 2024 – only five months after the state launched its adult-use market.
Finance experts disagree over the validity of rumors about a “wall of capital” entering the cannabis sector if marijuana is rescheduled.
Cannabis company Agrify Corp. on Monday announced a deal to sell its cultivation operation for $7 million to an investment firm affiliated with former CEO Raymond Chang.
Canopy USA, the American-based holding company of Canadian marijuana operator Canopy Growth Corp., has appointed M. Brooks Jorgensen as the fledgling entity’s first president.
Canadian cannabis company Entourage Health Corp. plans to go private in a deal with its primary investor and lender, a major pension fund in the country.
Here are seven MJBizDaily predictions for developments in 2025 that could impact the U.S. marijuana and hemp industries.
Marijuana reform’s new leaders in the U.S. Congress are Democratic U.S. Reps. Dina Titus of Nevada and Ilhan Omar of Minnesota.
A long-running dispute over one of Arkansas’ medical marijuana cultivation permits is escalating after a second court found regulators improperly awarded one of the licenses.
Los Angeles-based cannabis operator Stiiizy said this week that a cybercrime group accessed some retail customer data when its point-of-sale vendor experienced a security breach around Oct. 10-Nov. 10, 2024.
Cannabis multistate operator Vireo Growth raised $6 million more than it hoped for in a private placement offering that closed Dec. 30.
While 2024 brought its share of volatility, regulatory uncertainty and market pressures for the cannabis industry, this year offers potential opportunities alongside continued challenges.
Caregivers in Hawaii who provide medical marijuana access to qualified patients will be protected under an executive order signed by the governor.
Total recreational cannabis sales in New York have eclipsed the $1 billion milestone since the adult-use market launched in 2022.
Marijuana multistate operator iAnthus Capital Holdings is buying Illinois vape brand Cheetah Enterprises in an all-stock deal valued at $1.5 million.
Instead of putting the finishing touches on their businesses in anticipation of Minnesota’s adult-use market launch early this year, marijuana license applicants instead face delays and uncertainty.
California cannabis brand Breez has stayed true to its core mission of providing access to medical marijuana patients and recreational consumers since it was established in 2015.
Ryan Clark launched his own California-based cannabis flower business in 2021, which was considered by many a down market for cultivators.
The future looks sunnier for the marijuana industry. How companies respond to macroeconomic factors will decide the health of their cannabis businesses.
Colorado-based Keef Brands has more than 70 SKUs – including gummies, oils and vapes – but carbonated sodas account for about 80% of the company’s sales.
The executives behind New York cannabis infused products company Jaunty learned the hard way that even the best-laid plans can go awry because of the unexpected.
Alabama’s controversial medical marijuana regulatory agency acted “properly” when it revoked cannabis business permits issued in 2023, an appeals court has ruled.
Cannabis real estate manager Innovative Industrial Properties (IIP) is claiming that multistate operator PharmaCann has defaulted on several of its leases across the country.
Marijuana multistate operator Standard Wellness Holdings has secured a $10 million credit facility.
Despite growing acceptance of cannabis, many state-regulated marijuana businesses say their social media pages are being hidden or shut down.
Existing Farm Bill protections remained in place for U.S. hemp operators as the federal government lurched toward a partial shutdown Friday after the failure of a spending plan.
California regulators have released a list of 261 pesticide products they’ve approved for use on cannabis products.
Delaware issued 15 more recreational marijuana licenses for retailers via a lottery held by the state’s cannabis regulatory agency.
As cannabis-consumption lounges become more common in states where marijuana is regulated, owners of such spots face a unique challenge: balancing a social, relaxed atmosphere with the legal and regulatory responsibilities that come with serving marijuana.
Authorities in Tennessee will pay two hemp businesses $735,000 after seizing hundreds of pounds of what an attorney called “THCA flower.”
The merger between marijuana multistate operator Cansortium, which operates under the Fluent brand, and RIV Capital closed on Thursday.
Massachusetts’ Cannabis Control Commission hires Travis Ahern as executive director, and Arkansas’ top MMJ regulator has resigned.
Sixty-seven licensed marijuana businesses in Michigan were fined for various regulatory violations in November.
As more states adopt regulated marijuana programs, executives at licensed cannabis brands are seeking innovative ways to reach new markets.
The current session of Congress is poised to end without any progress on major marijuana reform measures, including banking protections.
The share price of Weedmaps’ parent, WM Technology, popped Wednesday morning after its co-founders submitted a proposal to take the California company private.
Marijuana multistate operator Vireo Growth has received $75 million in equity financing and acquired four single-state operators as well as a delivery and analytics platform.
Companies and scientific institutions could sell adult-use products in Germany under new legislation that allows these groups to seek licenses for cannabis pilot programs.
A South Carolina state senator has reintroduced what he’s called the “most conservative” medical marijuana legalization proposal in the country.
Canadian cannabinoid company MediPharm Labs is selling its manufacturing operation in Ontario for $5.5 million to Kensana Health.
Kentucky awarded 12 more medical marijuana dispensary licenses through a second lottery, bringing to 48 the number of licensed MMJ sellers.
2024 will go down as one of the quietest years for cannabis market launches.
New Jersey social equity cannabis operators will be the first to apply for consumption-lounge licenses beginning Jan. 2, state regulators announced.
Employees of manufacturing company Garden Society are the first cannabis workers in New Jersey to join Teamsters Local 469.
