The Pennsylvania House of Representatives has given initial approval to a bill that would legalize marijuana with a novel model of state-run stores. This has been an especially fast-moving legislative process for the measure from Reps. Rick Krajewski (D) and Dan Frankel (D). It was introduced on Sunday, advanced throughContinue Reading
A Colorado judge has declined to impose new requirements on the state’s cannabis regulator to suss out illicit-market products being sold by licensed marijuana stores. Judge won’t force Colorado cannabis regulator to halt alleged ‘inversion’ is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Continue Reading
Minnesota will take the next step in launching its adult-use marijuana market when the state holds lotteries on June 5 for cultivation, manufacturing and mezzobusiness licenses. Marijuana cultivation, manufacturing licenses up for grabs in Minnesota lottery is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Continue Reading
Deep in the tangled forests and sprawling vineyards of Anderson Valley’s wine country in Mendocino, California, is a new kind of cannabis tourism experience centered on rare landrace cannabis strains. It’s called The Madrones. In the southern-most point of the Emerald Triangle, founders Jim Roberts and Brian Adkinson combined theirContinue Reading
Employee stock ownership plans are a financial tool that cannabis businesses in some states have been taking advantage of since about 2023. Cannabis businesses using employee stock ownership plans to skirt 280E is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: CannabisContinue Reading
Advertisements by state-licensed medical marijuana businesses in Mississippi don’t enjoy First Amendment free-speech protections. US Supreme Court rejects challenge to Mississippi’s marijuana advertising ban is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: US Supreme Court rejects challenge to Mississippi’s marijuana advertisingContinue Reading
Canada-based cannabis multistate operator Red White & Bloom Brands has restructured about 145 million Canadian dollars ($105 million) of issued outstanding debt as part of a larger debt-renewal program. Cannabis operator Red White & Bloom restructures debt is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneursContinue Reading
U.S. hemp production surged in 2024, according to a recent report released by the U.S. Department of Agriculture’s National Agricultural Statistics Service. US hemp production grows 40% in 2024, reaching $445 million in value is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ReadContinue Reading
Despite the concerns of California’s regulated marijuana industry and lawmakers, the state’s tax agency says it will carry through on plans to increase the cannabis excise tax rate from 15% to 19% on July 1. California tax agency confirms it will raise cannabis excise rate to 19% on July 1Continue Reading
Marijuana delivery company Eaze Technologies filed for Chapter 7 bankruptcy in March after selling and transferring its assets to creditors. Marijuana delivery company Eaze Technologies files bankruptcy is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: Marijuana delivery company Eaze Technologies filesContinue Reading
