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Marijuana
VERANO ACCUSED IN LAWSUIT OF ILLEGAL INTERSTATE MARIJUANA Illinois-based multistate operator Verano Holdings is accused in a lawsuit of illegally shuttling marijuana from its home state to Arkansas.. According to the Chicago Sun-Times, the allegations of illegal interstate marijuana shipments stem from cannabis MSO Harvest Health & Recreation’s attempted acquisition of Verano, a deal that fell through in March 2020. MJBIZCON ANNOUNCES RETURN TO LAS VEGAS OCT. 20-22 MJBizCon will return as a live, in-person event in Las Vegas in October, barring any unforeseen developments related to the coronavirus pandemic, Marijuana Business Daily announced Monday.. The 10 th annual cannabis trade show, the largest in the industry, is scheduled to be held at the Las Vegas Convention Center and will include an online component starting the week of Oct. 18. ANNUAL MARIJUANA BUSINESS FACTBOOKMARIJUANA BUSINESS FACTBOOK 2019MARIJUANA BUSINESS FACTBOOK 2019 EXECUTIVE SUMMARY 7th Edition ANNUAL MARIJUANA BUSINESS FACTBOOK Exclusive market, financial and operational data with emphasis on identifying and understanding GLOBAL CANNABIS: THE MARKET IN URUGUAYSEE MORE ON MJBIZDAILY.COMURUGUAY MARIJUANA 2020URUGUAY MARIJUANA NEWS WHOLESALE CANNABIS FLOWER PRICES IN MASSACHUSETTS CLIMB ONWHOLESALE CANNABIS PRICES MICHIGANWHOLESALE CANNABIS PRICES OREGON (This is the ninth in a series of stories from Marijuana Business Daily examining wholesale prices in U.S. recreational marijuana markets. Part 1 covered Nevada, Part 2 Washington state, Part 3 Oregon, Part 4 California, Part 5 Colorado, Part 6 Alaska, Part 7 Michigan and Part 8 Illinois.). Prices for wholesale cannabis flower grown for Massachusetts’ recreational market are some of the CHART: NUMBER OF CUSTOMERS SERVED PER DAY BY MEDICAL By Eli McVey Medical marijuana dispensaries and recreational stores serve, on average, approximately 100 customers per day, according to data in the newly released Marijuana Business Factbook 2017. But this figure can vary widely based on the market each retailer serves and a state’s level of regulation. Retailers that serve the recreationalmarket – either
COLOMBIA HAS 100-PLUS LICENSED CANNABIS FIRMS, BUT ONLY A (This story has been corrected to note more than one company is selling cannabis cosmetics.) Interest in Colombia’s medical marijuana market is booming, but a Marijuana Business Daily analysis shows that – out of over 100 licensed cannabis companies operating in the country – few have finished registering their first cultivars, a prerequisite to growing crops for commercial purposes. MJBIZDAILY | CANNABIS INDUSTRY FINANCIAL & LEGAL NEWSBY REGIONBY TOPICDATAMJBIZ MAGAZINENEWS RELEASESNORTHWEST MJBizDaily: the most trusted publication covering the legal cannabis industry in the U.S. and globally. Daily industry news & data. MINNESOTA LAWMAKERS OK MEDICAL CANNABIS SMOKABLE FLOWER House lawmakers also passed adult-use marijuana during the legislative session, which ended Monday, but that bill died in the Senate.. The smokable-flower provision was part of an omnibus health bill, HF 2128. Gov. Tim Walz is expected to sign the bill into law. Flower sales aren’t likely to be fully incorporated into Minnesota’s medical marijuana program until sometime in 2022. LONGTIME CALIFORNIA CANNABIS CZAR LORI AJAX STEPPING DOWNBUREAU OF CANNABIS CONTROL CALIFORNIACALIFORNIA CANNABIS BUREAUCA CANNABIS BOARDCALIFORNIA CANNABIS CONTROLCALIFORNIA CANNABIS CONTROL BOARDCANNABIS BUREAU Longtime California cannabis czar Lori Ajax is stepping down. Published November 20, 2020. After nearly five years of overseeing the rollout of California’s statewide marijuana regulatory system, Lori Ajax is retiring. Alex Traverso, spokesman for the California Bureau of Cannabis Control, confirmed Ajax’s resignation on Friday toMarijuana
VERANO ACCUSED IN LAWSUIT OF ILLEGAL INTERSTATE MARIJUANA Illinois-based multistate operator Verano Holdings is accused in a lawsuit of illegally shuttling marijuana from its home state to Arkansas.. According to the Chicago Sun-Times, the allegations of illegal interstate marijuana shipments stem from cannabis MSO Harvest Health & Recreation’s attempted acquisition of Verano, a deal that fell through in March 2020. MJBIZCON ANNOUNCES RETURN TO LAS VEGAS OCT. 20-22 MJBizCon will return as a live, in-person event in Las Vegas in October, barring any unforeseen developments related to the coronavirus pandemic, Marijuana Business Daily announced Monday.. The 10 th annual cannabis trade show, the largest in the industry, is scheduled to be held at the Las Vegas Convention Center and will include an online component starting the week of Oct. 18. ANNUAL MARIJUANA BUSINESS FACTBOOKMARIJUANA BUSINESS FACTBOOK 2019MARIJUANA BUSINESS FACTBOOK 2019 EXECUTIVE SUMMARY 7th Edition ANNUAL MARIJUANA BUSINESS FACTBOOK Exclusive market, financial and operational data with emphasis on identifying and understanding GLOBAL CANNABIS: THE MARKET IN URUGUAYSEE MORE ON MJBIZDAILY.COMURUGUAY MARIJUANA 2020URUGUAY MARIJUANA NEWS WHOLESALE CANNABIS FLOWER PRICES IN MASSACHUSETTS CLIMB ONWHOLESALE CANNABIS PRICES MICHIGANWHOLESALE CANNABIS PRICES OREGON (This is the ninth in a series of stories from Marijuana Business Daily examining wholesale prices in U.S. recreational marijuana markets. Part 1 covered Nevada, Part 2 Washington state, Part 3 Oregon, Part 4 California, Part 5 Colorado, Part 6 Alaska, Part 7 Michigan and Part 8 Illinois.). Prices for wholesale cannabis flower grown for Massachusetts’ recreational market are some of the CHART: NUMBER OF CUSTOMERS SERVED PER DAY BY MEDICAL By Eli McVey Medical marijuana dispensaries and recreational stores serve, on average, approximately 100 customers per day, according to data in the newly released Marijuana Business Factbook 2017. But this figure can vary widely based on the market each retailer serves and a state’s level of regulation. Retailers that serve the recreationalmarket – either
COLOMBIA HAS 100-PLUS LICENSED CANNABIS FIRMS, BUT ONLY A (This story has been corrected to note more than one company is selling cannabis cosmetics.) Interest in Colombia’s medical marijuana market is booming, but a Marijuana Business Daily analysis shows that – out of over 100 licensed cannabis companies operating in the country – few have finished registering their first cultivars, a prerequisite to growing crops for commercial purposes. MARIJUANA BUSINESS NEWS BY STATE| CANNABIS INDUSTRY NEWS Save the Date: The 10 th annual MJBizCon will be held live in Las Vegas + online:. Week of October 18, 2021; Expo October 20-22, 2021; MJBizCon is the #1 trade show for HOW CANNABIS COMPANIES USE TECHNOLOGY TO GET DIRECT Post-transaction surveys. Vertically integrated Colorado cannabis producer and retailer Native Roots has integrated its loyalty program, administered via Alpine IQ, with a digital feedback platform called Tattle to enable customers to give feedback via post-transaction surveys.. Tattle was originally designed for restaurants to get feedback from diners, but Native Roots’ senior director of JUDGE REFUSES TO OVERTURN OKLAHOMA MEDICAL CANNABIS 19 hours ago · A Washington state marijuana company lost its bid in federal court to enter Oklahoma’s medical cannabis industry through a legal challenge to the state’s residency requirement.. According to Law360, U.S. District Court Judge Stephen Friot threw out the lawsuit without ruling on the merits of the argument regarding the residency requirement, saying he wouldn’t help the plaintiff CANNABIS RETAILERS EASE COVID CONTROLS, BUT MANY REQUIRE As the U.S. eases out of the coronavirus pandemic, marijuana, CBD and hemp retailers are slowly adjusting their store protocols for customer-mandated mask-wearing, social distancing and other requirements. Many still require customers – particularly those who haven’t been vaccinated – to wear MISSISSIPPI SENATE WEIGHS IN ON MEDICAL CANNABIS LEGALIZATION Mississippi’s state Senate held a public hearing on potential medical cannabis legalization Thursday, less than a month after the state’s highest court voided a voter-approved initiative.. The tenor of the discussion, however, indicated that lawmakers aren’t close to an agreement on what a medical marijuana program should look like, the Clarion Ledger in Jackson reported. MARIJUANA LEGALIZATION OUTLOOK: CT CLOSE ON ADULT USE 18 hours ago · Key Connecticut lawmakers reached an agreement on a measure to legalize an adult-use market that MJBizDaily projects potentially could reach $725 million a year. But it’s uncertain the bill will pass before a legislative deadline Wednesday. If not, Gov. Ned Lamont is expected to call a special CANNABIS SPAC NORTHERN LIGHTS ACQUISITION SEEKS TO RAISE Northern Lights Acquisition Corp., a special purpose acquisition company (SPAC) with an eye on the cannabis industry, is trying to raise $100 million for acquisitions or other business combinations by going public, according to a registration statement and preliminary prospectus filed with the U.S. Securities and Exchange Commission.. The Denver-headquartered blank-check company was HOW WOMEN-LED CANNABIS STARTUPS CAN FIND FUNDING (Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the cannabis industry. Helaine Krysik is the founder of Illinois-based cannabis lifestyle brand potinillinois.com.) One of the most positive developments in the cannabis industry over the last CANNABIS INDUSTRY DIRECTORY Marijuana Business Daily offers a comprehensive list of cannabis product and service providers. Find cultivators, manufacturers, distributors, and more. LOUISIANA LAWMAKERS OK SMOKABLE MARIJUANA FLOWER; SALES Louisiana’s $25 million medical marijuana market is expected to get a huge lift in sales next year after the Legislature passed a measure that will allow smokable flower beginning Jan. 1, 2022. Democratic Gov. John Bel Edwards indicated he will sign House Bill 391, which wassent to
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3 mins ago | By Maggie Cowee CHART: EDIBLES LEAD PUERTO RICO’S WHOLESALE MEDICAL MARIJUANA SALESFeatured News
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Published August 31, 2019 Craft cannabis is the marijuana industry’ssmall-batch sector
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Published August 30, 2019 Week in Review: DEA marijuana research, MMJ licensing case heads to FL high court, NV adult-use license ruling &more
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Published August 30, 2019 California cannabis company accused of breach of contract, fraud*
Published August 30, 2019 Illinois licenses first five adult-usemarijuana retailers
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More Exclusive Features WEEDMAPS-LINKED MARIJUANA MANUFACTURING, DISTRIBUTION VENTURE POISED TO PROCEED IN WEST SACRAMENTO, CALIFORNIA Published August 29, 2019 | By John Schroyer A company that’s aiming to become a licensed cannabis business hub in West Sacramento, California, with ties to the online marijuana advertising site Weedmaps is poised to proceed – if the City Council gives its approval Sept. 4. The development comes on the heels of Weedmaps’ announcement that it will cease advertising for unlicensedmarijuana
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HOW CANNABIS COMPANIES CAN PROTECT INTELLECTUAL PROPERTY IN THE WAKE OF PHYLOS BIOSCIENCE UPROAR Published August 28, 2019 | By Bart Schaneman Oregon-based cannabis genomics company Phylos Bioscience’s disclosure that it was positioning itself to be bought by Big Ag underscores the need for marijuana companies to take steps to protect their cannabis genetics and data from falling into the wrong hands.Read More__
CHART: CALIFORNIA MARIJUANA MARKET EXPERIENCES LICENSE CONTRACTION IN2019
Published August 27, 2019 | By Eli McVey and John Schroyer Before January 2018, when California launched its legal recreational marijuana market, estimates of how many dispensaries peppered the state’s landscape were in the thousands.Read More__
HOW PHYLOS BIOSCIENCE SENT SHOCKWAVES THROUGH THE CANNABIS INDUSTRY WITH ‘BIG AG’ DISCLOSURE Published August 26, 2019 | By Bart Schaneman Last December, East Fork Cultivars, an outdoor cannabis farm in the idyllic Illinois River Valley of Southern Oregon, partnered with Portland, Oregon-based agricultural genomics company Phylos Bioscience on a breeding program specifically targeting new varietal traits.Read More__
CANNABIS RETAILERS SHOULD EMBRACE OUT-OF-STATE CONSUMERS – AFTER THEY’VE TAKEN APPROPRIATE STEPS Published August 24, 2019 | By Joey Peña Medical and recreational cannabis retail stores near state borders have tremendous business opportunities.Read More__
WEEK IN REVIEW: WEEDMAPS TO END ITS ADS FOR ILLICIT CANNABIS, FBI PROBES MJ INDUSTRY, MO LICENSING ODDS & MORE Published August 23, 2019 | By Marijuana Business Daily staff Weedmaps plans to cease advertising unlicensed cannabis retailers, the FBI looks into public corruption in the legal marijuana industry, Missouri receives more than 2,000 medical marijuana applications – and more of the week’s top cannabis business news. Weedmaps to stop advertising unlicensed businesses The influential marijuana site Weedmaps, which is one of the most popularRead More__
FBI SCRUTINY OF CORRUPTION IN US CANNABIS INDUSTRY WELCOMED BY SOME,SCORNED BY OTHERS
Published August 22, 2019 | By Jeff Smith The FBI’s announcement that it is probing public corruption in the legal marijuana industry has stirred up strong reactions among cannabis insiders. While some complain the FBI’s scrutiny is another example of how the legal MJ industry is being unfairly targeted as if it’s a bottomless gold mine, others welcome the feds’ attention toillicit
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CA HIGH COURT MEDICAL CANNABIS RULING UNLIKELY TO CAUSE MAJOR DISRUPTION TO INDUSTRY, KEY ATTORNEY SAYS Published August 21, 2019 | By John Schroyer At first blush, it may seem as if the California Supreme Court’s ruling on a medical marijuana case would prove a big deal for the state’s cannabis industry. But that’s not really the case, according to one California cannabis attorney who’s also an expert in state environmental law, on which the ruling is centered. InRead More__
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NEVADA JUDGE GIVES OK FOR MORE RETAIL CANNABIS STORES TO OPENAugust 29, 2019
JUDGE: NEW MEXICO MUST ISSUE MEDICAL MARIJUANA CARDS TO NONRESIDENTSAugust 29, 2019
VIREO HEALTH POSTS CANNABIS REVENUE RISE, NET LOSS FOR SECOND QUARTERAugust 29, 2019
MAINE’S LARGEST MEDICAL MARIJUANA FIRM AT HEART OF BUSINESS DISPUTEAugust 29, 2019
CANNABIS FIRM BUYS DENVER-BASED MARY’S BRANDSAugust 29, 2019
TILT HOLDINGS REPORTS INCREASED MARIJUANA REVENUE, SECOND-QUARTER LOSSAugust 29, 2019
CANNABIS PATH TO PROFITABILITY REQUIRES CLOSE LOOK AT OPERATING MODELSAugust 29, 2019
CONSTELLATION EXPECTS $54 MILLION LOSS FROM MARIJUANA GIANT CANOPYGROWTH
August 28, 2019
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GREEN THUMB REPORTS INCREASED CANNABIS REVENUE ON NET QUARTER LOSSAugust 28, 2019
MULTISTATE MARIJUANA COMPANY CURALEAF POSTS HIGHER REVENUES, LOSSESAugust 28, 2019
ORIGIN HOUSE CANNABIS REVENUES RISE, BUT LOSSES MOUNTAugust 28, 2019
WASHINGTON STATE REGULATORS CONSIDER REVAMPING MARIJUANA RULESAugust 28, 2019
FLORIDA MEDICAL CANNABIS LICENSING ISSUE HEADS TO STATE SUPREME COURTAugust 28, 2019
MJBIZDAILY AWARDS DEADLINE IS SATURDAY FOR CANNABIS LEADERSAugust 28, 2019
MICHIGAN MEDICAL MARIJUANA OPERATOR FACES PRISON TIMEAugust 28, 2019
MINNESOTA GOV PREPARING FOR A POTENTIAL ADULT-USE CANNABIS MARKETAugust 27, 2019
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IANTHUS REPORTS HIGHER MARIJUANA REVENUES, SMALLER LOSSAugust 27, 2019
CANADIAN CBD FIRM LANDS CONTROVERSIAL FORMER US ATTORNEY GENERAL ASCOUNSEL
August 27, 2019
NEW YORK-BASED MARIJUANA REIT RAISES $141 MILLIONAugust 26, 2019
COLORADO TO REQUIRE MYCOTOXIN TESTING FOR CANNABIS CONCENTRATESAugust 26, 2019
GREEN THUMB COMPLETES $60 MILLION MARIJUANA FIRM ACQUISITIONAugust 26, 2019
DEA SUPPORTS EXPANDING CANNABIS RESEARCH, BUT TIMING UNCERTAINAugust 26, 2019
NEVADA JUDGE FREEZES PERMITS FOR NEW RECREATIONAL MARIJUANA SHOPSAugust 26, 2019
RHODE ISLAND CANNABIS COMPANY SEEKS ARBITRATION AGAINST ACREAGEHOLDINGS
August 23, 2019
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CANNABIS FIRM ATLAS EXPANDS TO DENMARK, PLANS LARGE INDOOR PRODUCTION2 hours ago
CANNABIS PATH TO PROFITABILITY REQUIRES CLOSE LOOK AT OPERATING MODELSAugust 29, 2019
TILRAY INKS FIRST DEAL TO BUY ADULT-USE CANNABIS RETAILER IN CANADAFOR CA$110 MILLION
August 29, 2019
CONSTELLATION EXPECTS $54 MILLION LOSS FROM MARIJUANA GIANT CANOPYGROWTH
August 28, 2019
ORIGIN HOUSE CANNABIS REVENUES RISE, BUT LOSSES MOUNTAugust 28, 2019
MJBIZDAILY AWARDS DEADLINE IS SATURDAY FOR CANNABIS LEADERSAugust 28, 2019
CRONOS INVESTOR ALTRIA IN MERGER TALKS WITH FELLOW TOBACCO GIANTPHILIP MORRIS
August 27, 2019
CANADIAN CBD FIRM LANDS CONTROVERSIAL FORMER US ATTORNEY GENERAL ASCOUNSEL
August 27, 2019
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LAWSUIT ALLEGES MARIJUANA TECH FIRM TILT HOLDINGS BROKE LAW WITHSOLICITATIONS
August 23, 2019
GUAM CLARIFIES ADULT-USE MARIJUANA RULES AHEAD OF NEW INDUSTRYREGULATIONS
August 23, 2019
AFTER SLOW START, CANADA’S RECREATIONAL MARIJUANA SALES REACH NEWHIGH
August 23, 2019
CANNABIS RETAILER GREEN GROWTH INKS FIRST EQUITY RAISEAugust 22, 2019
ONTARIO PLANNING TO ALLOCATE CANNABIS STORE PERMITS ‘BASED ON MARKETDEMAND’
August 22, 2019
CRESCO LABS REPORTS INCREASED MARIJUANA REVENUE, NET QUARTER LOSSAugust 21, 2019
LINTON CONTINUES INVESTING IN MARIJUANA GIANT CANOPY AFTER DISMISSALAugust 20, 2019
JAMAICA SEEKS CANNABIS SEED-TO-SALE SOFTWARE; 54 LICENSES‘GRANTED’
August 20, 2019
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GERMANY GAINS NEW SUPPLIER OF MEDICAL MARIJUANA FLOWERAugust 16, 2019
BARBADOS PROCURING MEDICAL CANNABIS FOR FIRST IMPORTS IN APRILAugust 16, 2019
HARVEST HEALTH & RECREATION REPORTS IMPROVED MARIJUANA REVENUE, NETQUARTER LOSS
August 15, 2019
CANNABIS FIRM TRULIEVE REPORTS STRONG REVENUE GROWTH IN SECOND QUARTERAugust 14, 2019
MARIJUANA GIANT CANOPY’S REVENUES SOAR, BUT LOSSES WIDENAugust 14, 2019
CANNABIS FIRM TILRAY’S REVENUE UP, BUT WIDER LOSS REPORTEDAugust 13, 2019
ACREAGE REPORTS IMPROVED CANNABIS REVENUE, NET LOSS FOR QUARTERAugust 13, 2019
CANNTRUST STOCK DROPS 30% AFTER SECOND FACILITY BREACHES MARIJUANAREGULATIONS
August 13, 2019
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