The annual marijuana business survey helps MJBizDaily provide key market, financial and operational data for businesses and entrepreneurs.
MJBizDaily launches annual marijuana industry survey to collect business data is a post from: Marijuana Business …
Marijuana Cultivation News
Power REIT raises $37 million in rights offering for marijuana acquisitions
Specialty real estate investment trust Power REIT, which has a portfolio that includes marijuana production facilities, raised $37 million through a rights offering that sold roughly 1.4 million shares at $26.50 per share. “The capital generated …
Illinois-based marijuana MSOs teaming up on two stores, report says
Competing multistate marijuana companies Green Thumb Industries and Verano Holdings have quietly joined forces to operate two dispensaries in their home state of Illinois. Government records show subsidiaries of both companies are the registered manage…
Prospects for adult-use cannabis legalization loom large in Connecticut
Connecticut’s heavily regulated medical cannabis market is expected to post a respectable 15% increase in sales this year, but it’s the prospect of adult-use legalization and a nearly $750 million market that has multistate operators rubbing their hand…
Mexico’s medical marijuana program offers firms a chance to enter new adult-use industry
Marijuana and hemp companies keen to participate in Mexico’s emerging medical cannabis program should start preparing now, attorney advise, noting it will give businesses a leg up in entering the nation’s adult-use industry once it launches.
MexicoR…
Judge shoots down South Dakota’s adult-use marijuana amendment
In a major blow to South Dakota’s nascent legal marijuana industry, a circuit court judge ruled that a voter-approved constitutional amendment legalizing adult-use marijuana is unconstitutional. The recreational marijuana amendment would have gone into…
Nevada’s cannabis industry lacks diversity, especially in ownership, survey shows
Nevada’s first official demographic survey of cannabis businesses shows that women and minorities account for a smaller percentage of the local marijuana industry versus their overall representation in the state – especially when it comes t…
Virginia lawmakers pass landmark recreational marijuana legalization bills
Virginia took a major step toward becoming the 16th state in the nation to legalize a recreational marijuana market and the first in the South after the House of Delegates and Senate passed different legalization bills on Friday. The differences in tho…
California cannabis workers eligible for immediate COVID-19 vaccinations
The California Department of Public Health on Thursday issued an updated COVID-19 vaccination policy clarifying that cannabis industry employees are classified as health-care workers and therefore are immediately eligible to receive the vaccine. Accord…
Scammers preying on Michigan marijuana businesses, regulator warns
Michigan’s marijuana regulatory agency is warning local cannabis companies that fraudsters are masquerading as regulators and industry executives in a bid to trick employees into sending money or security information about their businesses. One busines…