New Mexico lawmakers postponed a Senate floor vote on a recreational marijuana legalization bill as the regular legislative session ended Saturday, but the measure may be headed to a special session. Lawmakers didn’t make the Saturday noon deadline for…
Featured Marijuana Business & Cannabis Industry News
Why cannabis producer Organigram struck a CA$220 million deal with a tobacco giant: Q&A with CEO Greg Engel
While rival Canadian cannabis producers plowed massive amounts of capital into cultivation infrastructure, losing billions of dollars in the process, New Brunswick-based Organigram forged a different path. Organigram – which trades on the Nasdaq …
$1.9 trillion coronavirus stimulus package offers marijuana-related firms more options for financial help
Cannabis-related firms again face hurdles in qualifying for financial relief under the newly enacted $1.9 trillion coronavirus stimulus package, but the door has opened wider for hard-hit companies, especially small and economically disadvantaged busin…
California’s provisional marijuana licensing crisis resurfaces, possibly disrupting thousands of MJ companies
For the third time in less than four years, California lawmakers are revisiting the state’s marijuana licensing program, ostensibly to give businesses and regulators more time to get permits processed while allowing the industry to keep functioni…
Ontario Cannabis Store appoints sixth president in three years, raising industry concern
The executive turntable at the Ontario Cannabis Store (OCS) is spinning again, with the provincial wholesale monopoly and online retailer about to get its sixth president in three years. The rapid executive turnover has some industry watchers concerned…
Cannabis companies anticipate added sales bump with new round of stimulus checks
Cannabis companies should expect a bump in sales from the newest round of federal stimulus payments.
Cannabis companies anticipate added sales bump with new round of stimulus checks is a post from: Marijuana Business Daily: Financial, Legal & Canna…
How a year of COVID-19 forced positive change for cannabis retailers
Despite challenges such as rapid regulatory change, shifting public-health demands and economic uncertainty, cannabis retailers say the first year of the COVID-19 pandemic has driven beneficial changes to their business models and motivated regulators …
The three degrees of marijuana legalization in the United States
In America, well over nine out of 10 inhabitants live in a place where marijuana is legal to some degree.
The three degrees of marijuana legalization in the United States is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness ne…
Unique cannabinoid delta-8 divides cannabis extraction industry
A rare cannabinoid that mimics the effects of delta-9 THC but can easily be produced from CBD is grabbing headlines and delivering impressive profits to extractors battling slumping prices for other hemp extracts.
Unique cannabinoid delta-8 divides can…
Marijuana consumers return to pre-pandemic shopping hours, favoring evenings versus the daytime
As the COVID-19 pandemic disrupted work, school and life schedules, it also caused marijuana buyers to change when they shopped, shifting from the evening hours to the daytime. A year later that pattern is returning to normal, with more shoppers visiti…