The U.S. cannabis industry is benefiting from long-desired tax relief now that an increasing number of states – 20 so far – have approved laws that...
Herbl, a major licensed California marijuana distribution company, is in receivership after falling behind on a key loan, a source close to the situation confirmed to MJBizDaily on...
The Alabama Medical Cannabis Commission (AMCC) is delaying handing out its initial round of medical marijuana cultivation and retail licenses as it reviews the consistency of its evaluation...
But cannabis businesses still have to fight like hell to succeed. The city of Albuquerque now has more cannabis dispensaries than liquor stores open, KRQE News reports....
Cannabis multistate operator Ascend Wellness is planning to raise $7 million in a private placement offering. According to terms of the equity financing, the New York-based MSO intends...
With so much fast-paced expansion and, more recently, downsizing, it can be tough to know where each marijuana multistate operator is operating. That’s why MJBizDaily has mapped out...
A central figure in New York’s botched adult-use marijuana rollout on Thursday resigned from the state Cannabis Control Board. Reuben McDaniel, president of the Dormitory Authority of the...
Canadian cannabis producer Hexo reported a total net loss before tax of 129.7 million Canadian dollars ($98 million) in the company’s third quarter, bringing accumulated losses since 2016...
Delaware Gov. John Carney installed longtime law enforcement official Robert Coupe as the state’s first marijuana commissioner. Coupe spent nearly 30 years with the Delaware State Police,...
If you have been paying attention to the California cannabis market recently, you have heard about the credit crisis many suppliers are dealing with. Not only do marijuana-related...