MJBiz

07/02/2025

Cannabis multistate operator iAnthus Capital Holdings is selling two Arizona ma*****na stores and a cultivation facility to Sonoran Roots for $36.5 million.
Here are the deets: https://tinyurl.com/yc3frytu

(Image by Akio Koizumi /stock.adobe.com)

iAnthus Capital Holdings is selling two Arizona ma*****na stores and a cultivation facility to Sonoran Roots for $36.5 million.

07/02/2025

Harley-Davidson’s struggles in the past decade offer a cautionary tale for the ma*****na industry.
Efforts to attract new riders, such as women, stumbled because of heavy, costly bikes ill-suited to their needs.
Similarly, the state-regulated ma*****na market is contending with slowing sales growth, intense competition and shrinking margins.

Check out this take: https://bit.ly/4b7fbkl
(Photo by Lukas Gojda/stock.adobe.com)

From 2014 to 2023, Harley-Davidson’s sales plummeted by 37%. Similarly, state-regulated ma*****na is contending with slowing sales growth.

06/02/2025

New York cannabis retailer The Travel Agency has become the first ma*****na business to advertise in Playbill, the magazine serving Broadway and Off-Broadway theater enthusiasts.

Take a trip backstage with us: https://bit.ly/4hr3SFQ
(Photo by Alex/stock.adobe.com)

New York cannabis retailer The Travel Agency has become the first ma*****na business to advertise in Playbill theater magazine

06/02/2025

Prospective operators in Minnesota's impending adult-use ma*****na market can begin submitting business license applications on Feb. 18, and the licensing window will be open until March 14.

But there's more ... https://bit.ly/4hLwGIV
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Prospective operators in Minnesota's impending adult-use ma*****na market can begin submitting business license applications on Feb. 18.

06/02/2025

Many U.S. states have embraced medical cannabis as a treatment for various ailments, yet women’s health issues remain largely overlooked as qualifying conditions by many MMJ programs.

While ailments such as cancer, epilepsy and chronic pain are commonly recognized in state MMJ laws, conditions that disproportionately affect women - such as endometriosis, severe menstrual pain and ovarian cysts - are often excluded.

But in an industry that’s struggling to right itself, some believe that focusing on women’s health issues is an opportunity for ma*****na businesses to regain their footing.

Read more about this important topic: https://bit.ly/4hMHqXn
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Many states embrace medical cannabis to treat various ailments, yet women’s health issues remain largely overlooked as qualifying conditions.

05/02/2025

California's Department of Cannabis Control issued 481 embargoes last year, resulting in hundreds of thousands of ma*****na products and raw materials removed from the supply chain until internal investigations deemed them safe or mandated their destruction.

Here's the lowdown: https://bit.ly/4jOLNmS

(Image by Ionut Catalin Parvu/stock.adobe.com)

California issued 481 embargoes in 2024, removing hundreds of thousands of ma*****na products and raw materials from the supply chain.

05/02/2025

The Super Bowl, like ma*****na, brings people together while providing a new opportunity for cannabis brands and operators to capitalize on one of the world’s largest events.

Brand activations, special product releases and big sales discounts are all in the playbook this year as the industry preps for Sunday, when the Kansas City Chiefs take on the Philadelphia Eagles in Super Bowl LIX at New Orleans.

Check it out! https://bit.ly/4hN7TEu
(Photo courtesy of Good News Cannabis)

The Super Bowl provides a new opportunity for cannabis brands and operators to capitalize on one of the world’s largest events.

04/02/2025

For the third straight year, Pennsylvania Gov. Josh Shapiro called on state legislators during his annual budget address on Tuesday to legalize adult-use cannabis.

Shapiro, who took office in 2023, has included tax revenue from legal cannabis in each of his three annual budgets.

Read on ... https://bit.ly/411j9r1
(Photo by asafaric/stock.adobe.com)

For the third straight year, Pennsylvania Gov. Josh Shapiro called on legislators during his budget address to legalize adult-use cannabis.

04/02/2025

With Germany’s cannabis market speedily evolving and open to international players, U.S. cultivators now have an excellent opportunity to get into a market that is already lucrative and a springboard into the rest of the European Union.

Even though American ma*****na growers can’t yet export directly to the EU, now is an ideal time to explore the German market and get ahead of the inevitable wave to come.

For any U.S. cultivators considering Germany, here are eight need-to-know facts: https://bit.ly/3WMZFEh

(Photo by MJBizDaily/Emerald)

Now is an ideal time for American cannabis cultivators to explore the German market and get ahead of the inevitable wave to come in Europe.

03/02/2025

If confirmed as health secretary, Robert F. Kennedy Jr. doesn’t plan to use the U.S. Department of Health and Human Services (HHS) to advance any ma*****na policy reforms, including rescheduling.

Here's the deal: https://bit.ly/42EeKeO
(Photo by Tada Images/stock.adobe.com)

If confirmed, Robert F. Kennedy Jr. doesn’t plan to use the Department of Health and Human Services to advance any ma*****na policy reforms.

03/02/2025

More than 85% of regulated 🪴 products sold in Colorado’s adult-use market might violate health and labeling laws, according to a recent report by Colorado operator Ripple.

According to the lab results, only two of the 15 products purchased at Denver-area retailers complied with state regulations, and some were found to have dangerous levels of contaminants.

Read the full story at 🔗 in bio.

📷 Matthew Staver for MJBizDaily/Emerald.

03/02/2025

More than 85% of regulated ma*****na products sold in Colorado’s adult-use market might violate health and labeling laws, according to a recent report by one of the state’s cannabis operators.

Get the deets here: bit.ly/4goY6mH
(Photo by Matthew Staver for MJBizDaily/Emerald)

More than 85% of regulated cannabis products sold in Colorado’s adult-use market might violate health and labeling laws, a new report shows.

31/01/2025

Ma*****na cultivator Bright Green Corp. plans to file for Chapter 11 bankruptcy reorganization after reaching an agreement with a major shareholder.

The Florida-based company said it expects to emerge from bankruptcy protection with federal loan guarantees for its 60 new mega farm owners/operators who will collectively invest $3.5 billion to supply and strengthen the business’ supply chain.

Check it out: https://tinyurl.com/32rpzd4b
(Photo courtesy of Bright Green)

Ma*****na cultivator Bright Green Corp. plans to file for Chapter 11 bankruptcy reorganization after an agreement with a major shareholder.

31/01/2025

Cannabis businesses developing new products face a significant challenge: navigating evolving state regulatory compliance standards.

For a cannabis business, one potential risk of new product development is that state regulators will determine the new product does not comply with existing standards.

Here's the skinny: https://tinyurl.com/wj7j5e5n

(Photo by Morgan Miller for MJBizDaily/Emerald)

A potential risk of cannabis product development is that state regulators will determine the new product does not comply with existing standards.

30/01/2025

After South Dakota's Election Day defeat of adult-use legalization, an emboldened lawmaker is moving to repeal the state's medical cannabis law.

House Bill 1101 would overturn South Dakota's 2020 medical ma*****na law and outlaw the more than 100 legal cannabis businesses in the state.

Check it out: https://bit.ly/4geZuIA
(Photo by jovannig/stock.adobe.com)

After South Dakota's Election Day defeat of adult-use legalization, a lawmaker is moving to repeal the state's medical cannabis law.

30/01/2025

An Illinois cannabis consumer has filed class action lawsuits against two ma*****na companies, alleging they are selling products “with excessively high” amounts of THC in violation of state limits.

At the crux of his lawsuits is a novel contention that cannabis-oil vaporizer cartridges should be considered edibles under Illinois law instead of smoking products because vapes do “not utilize combustion."

Here are the deets: https://bit.ly/40UXyAw

(Photo by Andrey Popov/stock.adobe.com)

An Illinois man filed class action lawsuits against two ma*****na companies, alleging they are selling products “with excessively high” THC.

30/01/2025

Products in Ohio’s recreational ma*****na market are showing signs of price contraction only five months after sales began.

Adult-use sales for the market topped $242.2 million in 2024, meeting industry expectations for the potential of a market that launched on Aug. 6.

And while sales are growing, an analysis of weekly adult-use data from Ohio’s Division of Cannabis Control (DCC) shows the price per item/pound in almost all the categories slid with more than half the products experiencing double-digit declines.

Here's what's up: https://bit.ly/3CqS6Mv

(Photo by Christy Thompson/stock.adobe.com)

Products in Ohio’s recreational ma*****na market are showing signs of price contraction only five months after sales began.

29/01/2025

Business transformation expert Terry Mendez will become CEO of Safe Harbor Financial after Sundie Seefried retires from the cannabis financial services company in the next 30 days.

Here's what you need to know: https://bit.ly/4hcxsPm
(Courtesy photo)

Sundie Seefried is retiring as CEO of cannabis financial services company Safe Harbor Financial in the next 30 days.