Ohio cannabis sales increase, on pace to set new annual record
Medical and adult-use cannabis sales have reached $684.6 million through July 11, with 150.3 million units of marijuana sold. Ohio cannabis sales increase, on pace to set new annual record is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: Ohio cannabis salesContinue Reading
Before interstate commerce, cannabis needs to fix its consistency problem
Cannabis brands need to make sure they’re producing consistent products well before interstate commerce begins. Before interstate commerce, cannabis needs to fix its consistency problem is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: Before interstate commerce, cannabis needs to fix itsContinue Reading
Illinois adult-use cannabis retailers can apply for medical permits, with DEA and tax benefits possible
Holding a medical license changes an operator’s regulatory status and makes them eligible to register with the DEA. Illinois adult-use cannabis retailers can apply for medical permits, with DEA and tax benefits possible is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More:Continue Reading
California county cuts cannabis taxes after short-lived automatic increase
San Luis Obispo County supervisors agreed to cut a cannabis tax, imposed on operators’ gross receipts, back down to 6% starting Oct. 1 after a hike to 8% took effect last month. California county cuts cannabis taxes after short-lived automatic increase is a post from: MJBizDaily: Financial, Legal & CannabusinessContinue Reading
The founders who reacquired their beverage brand from a cannabis MSO
LEVIA’s founders sold their cannabis beverage brand to Ayr Wellness, then spent two years buying it back. The founders who reacquired their beverage brand from a cannabis MSO is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: The founders who reacquired theirContinue Reading
Michigan lawmaker pushing repeal of ‘deceitful’ new cannabis tax that’s closing stores
In response to a new 24% Michigan cannabis tax that’s depressing sales and closing stores, a state lawmaker wants the levy repealed. Michigan lawmaker pushing repeal of ‘deceitful’ new cannabis tax that’s closing stores is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ReadContinue Reading
European acquisition leads to record revenue for Canadian cannabis LP Organigram Global
Organigram’s Q3 revenue rose 49% to CA$105.8 million after its Sanity Group acquisition, lifting international sales to 35% of the total. European acquisition leads to record revenue for Canadian cannabis LP Organigram Global is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More:Continue Reading
Congress Can Learn Lessons About The Hemp Debate From North Carolina’s Experience (Op-Ed)
“Lawmakers have an opportunity to build a regulatory framework that protects consumers while preserving access to products that millions of Americans already use.” By Chris Karazin, Carolindica Running a hemp business in North Carolina has become an exercise in navigating uncertainty. During the past year, it feels like I haveContinue Reading
Houston Will Deprioritize Marijuana Arrests If Voters Approve Measure Cleared For November Ballot
Local officials in Houston, Texas have voted to place an initiative to make misdemeanor marijuana possession the “lowest possible enforcement priority” for local police on the November ballot. The City Council on Wednesday advanced the measure to voters for their consideration after activists with Ground Game Texas have submitted nearlyContinue Reading
Virginia Governor And AG Defend New Hemp Product Restrictions From Industry Lawsuit
“This new law creates clear standards for business participation in the marketplace.. My office stands ready to defend this law that will keep Virginians safe.” By Markus Schmidt, Virginia Mercury Seven Virginia hemp businesses are asking a federal judge to block new restrictions on consumable hemp products, arguing the changesContinue Reading