Marijuana e-commerce platform I Heart Jane suffered a slowdown on Wednesday that impacted an unknown number of recreational and medical cannabis retailers that rely on the software. I Heart Jane is used by at least 1,700 “dispensaries and brands …
United States Cannabis Industry & Marijuana Business News
Canadian cannabis producer Canopy Growth borrows $750 million
Smiths Falls, Ontario-based cannabis producer Canopy Growth has taken out a senior secured loan worth $750 million ($932 million Canadian dollars) – with the possibility of borrowing $500 million more – in a deal with investment management …
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…
South Dakota trade group forms to aid prospective marijuana businesses
As South Dakota works to implement medical and recreational marijuana programs passed by voters in 2020, a new trade group seeks to assist cannabis companies in the state.
South Dakota trade group forms to aid prospective marijuana businesses is a post…
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…
Missouri revokes licenses of overdue medical cannabis operators
Missouri medical cannabis regulators are revoking the licenses of some businesses that haven’t met their one-year cutoffs to open and didn’t receive extensions. Permits revoked so far include a handful of marijuana manufacturing, transport and testing …
Regulators crack down on Michigan credit union’s marijuana banking
An independent federal agency cited a Michigan credit union for failing to comply with marijuana banking regulations and ordered the financial institution to stop opening new cannabis accounts. American Banker reported that the case involving Live Life…
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…
California awards $15 million more in cannabis social equity grants
California is handing out $15 million in grant money to 10 cities and counties that have adopted social equity programs to help get minorities and those harmed by the war on drugs involved in the legal marijuana market. The new allotment, awarded by Go…