Arizona’s longstanding 130 medical cannabis businesses – which are vertically integrated, by law – may now each snag a second cultivation license under a relatively new interpretation of the recreational marijuana legalization initiat…
United States Cannabis Industry & Marijuana Business News
Minnesota governor favors adult-use marijuana, but Senate is a hurdle
Minnesota Gov. Tim Walz is again trying to prod lawmakers to consider legalizing a recreational marijuana market, but the Republican-controlled state Senate is seen as an obstacle. The issue came up again this week as Walz unveiled his administration&#…
Newly formed Cannabis Beverage Council inspired by alcohol prohibition
A new beverage group has been formed to connect leaders in the cannabis and beverage industries who hope to expand that segment of the hemp and marijuana sectors.
Newly formed Cannabis Beverage Council inspired by alcohol prohibition is a post from: Ma…
Metrc loses court fight over ‘tag fees’ for Missouri marijuana businesses
Florida-based marijuana inventory tracking firm Metrc lost an appeal in Missouri over whether the company was contractually allowed to charge licensed medical cannabis businesses extra money for state-mandated plant tags. The court loss, according to L…
Nevada cannabis testing lab targeted for passing tainted samples
Nevada cannabis regulators are accusing a marijuana testing lab of falsely boosting THC potency numbers and allowing contaminated products to pass.
Nevada cannabis testing lab targeted for passing tainted samples is a post from: Marijuana Business Dail…
With Democrats in charge, cannabis advocates upbeat about US reforms – but legalization uncertain
Now that President Joe Biden has been sworn in and Democrats have taken control of Congress, many cannabis industry executives might expect some reform of federal marijuana policy within the next two years – and perhaps even full legalization. Th…
Judge reaffirms that marijuana firm MedMen must pay ex-CFO’s legal fees
A California judge again ordered marijuana multistate operator MedMen to pay the company’s former chief financial officer at least $500,000 to cover his legal fees in an ongoing lawsuit over whether the executive was wrongly terminated. According…
Massachusetts city drops onerous ‘impact fee’ on cannabis businesses
A Massachusetts municipality became the first in the state to stop assessing a controversial 3% “community impact fee” on licensed cannabis businesses. The move, if adopted by other Massachusetts communities, could ease some of the financial burden mar…
Arizona’s initial adult-use marijuana licensing leaves some cities underserved
Arizona might have opened adult-use marijuana sales last week, but the initial round of retail licenses, whether by design or not, leave some of the state’s most populated cities underserved. At the same time, the distribution of licenses has created a…
Cannabis firm Weedmaps aims for 175% revenue growth via higher ad prices, wider footprint
Cannabis advertising giant Weedmaps hopes to boost its revenue over the next three years by a whopping 175% – and investors are wagering the California-based company can deliver on that goal. Since announcing its acquisition of Weedmaps on Dec. 1…