Month: June 2020

Experts agree the California recreational marijuana market is extremely challenging because of high tax rates, huge illicit production and consumption as well as an uncertain economy amid the coronavirus pandemic. But while much of this is unfair to legal marijuana business owners, one also must keep things in perspective: CaliforniaContinue Reading

Denver-based marijuana edibles producer Dixie Brands said it will change its name in a move to separate itself from the historic context of the word “Dixie” and to “stand shoulder to shoulder with the Black community.” The 10-year-old Denver-based company, which has operations in six states, announced the move onContinue Reading

New Jersey is the “linchpin” for coming recreational marijuana legalization on the East Coast, a panel of industry experts said Tuesday on the second day of MJBizConNEXT Direct, Marijuana Business Daily‘s three-day virtual cannabis business conference. Panelist Rob DiPisa, partner and co-chair of cannabis law group Cole Schotz, called NewContinue Reading

Only two entities in Louisiana – both colleges – are authorized to produce medical marijuana for patients, and Southern University on Wednesday is expected to join Louisiana State in rolling out its first product line. Southern’s product debut is also an industry landmark because the Baton Rouge university is theContinue Reading

The governor of Illinois on Monday signed an executive order delaying the issuance of 80-plus marijuana business permits that were scheduled to be awarded on July 1, and now it’s unclear when the licenses might be granted. According to the Chicago Tribune, Illinois Gov. J.B. Pritzker’s order delays indefinitely 40Continue Reading