The coronavirus pandemic brought many marijuana businesses to a halt in the spring.
Then, in May and June, marijuana companies were targeted in a rash of robberies and lootings.
And, in late summer, wildfires began destroying cannabis farms across the …
Medical Cannabis Industry & Recreational Marijuana Business News
Trials minorities face raising marijuana capital: Q&A with DC dispensary owner Linda Mercado Greene
Linda Mercado Greene, co-founder and CEO of Anacostia Organics, was already a successful businesswoman and a veteran political strategist when she decided to enter the medical marijuana industry in Washington DC with two friends, Sherri Blount and Yola…
Week in Review: NY medical marijuana market could slow adult use, state legalization funding, Mississippi obstacles & more
New York Gov. Andrew Cuomo wants to legalize adult-use cannabis, but the state’s heavily restricted medical marijuana program could hamper those efforts. MJBizDaily takeaway: Experts believe that New York needs to expand its MMJ program in advanc…
Illinois cannabis retail applicants get court hearing on license do-over
A group of Illinois cannabis retail license applicants will get to argue their case next week on a suit seeking to compel the state to award 75 new licenses. The case is potentially a key one in deciding how the state moves forward in a marijuana retai…
Recreational cannabis brand and product expansion slow in US markets
Marijuana companies are slowing the rollout of new brands and products in what might be the latest sign of market maturity in early states that legalized adult-use sales. This is good news for established cannabis brands as competition for shelf space …
Text-message ads from marijuana companies spur spam-related lawsuits
A legal and financial liability has emerged over the past two years threatening the coffers of marijuana businesses: class action lawsuits filed by recipients of unwanted text-message advertisements who allege they’re getting spammed with deals a…
West Virginia awards licenses to 10 medical marijuana growers
West Virginia regulators awarded 10 medical cannabis cultivation permits as one of the country’s slowest MMJ programs to launch took a major step toward a possible market start in spring 2021. The cultivation license award winners included at least thr…
35 US Senate seats are up for grabs, and several would be key wins for the cannabis sector
The business outlook for cannabis companies could be significantly different this time next year, depending in large part on which party controls the Senate and which senators are elected.
35 US Senate seats are up for grabs, and several would be key w…
New recreational cannabis markets are seeing quicker starts to sales
As public opinion changes and state regulators learn from those who have gone before them, the time it takes from the approval of medical marijuana by voters or lawmakers to the first recreational sales in a market is getting shorter. That could bode w…
GW Pharmaceuticals cannabis drug gets regulatory OK in Australia
GW Pharmaceuticals’ plant-derived CBD drug Epidyolex received approval from Australia’s Therapeutic Goods Administration (TGA) to be used in treating seizures related to Lennox-Gastaut syndrome and Dravet syndrome for patients 2 and older. …