Marijuana Business Daily
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A leading source of financial, legal and other business news for the cannabis industry. Marijuana Business Daily is the most trusted professional publication covering legal cannabis industry in the US.
Marijuana Business Daily
13h ago
California cannabis producer and retailer Glass House Brands reported fourth-quarter improvements in gross profits and margins for the fourth quarter of 2023, leading to record revenue of $160.8 million for the full year.
Cannabis operator Glass House posts record revenue of $160.8 million in 2023 is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
Marijuana Business Daily
13h ago
Minnesota cannabis operators could sell low-THC beverages on tap if changes made this week to the state’s 2023 adult-use marijuana law are finalized.
Minnesota lawmakers are mulling THC beverages on tap, marijuana license cap is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
Marijuana Business Daily
13h ago
Rubicon Organics reported a modest profit of 889,166 Canadian dollars ($656,000) in its fourth quarter ended Dec. 31, 2023, but the Canadian cannabis producer's loss for the fiscal year amounted to CA$1.1 million.
Cannabis producer Rubicon reports quarterly profit of nearly CA$900,000 is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
Marijuana Business Daily
16h ago
Arizona cannabis retailers sold nearly $1.5 billion worth of recreational and medical marijuana in 2023, a record since the state launched adult-use sales in January 2021.
Arizona sets record with nearly $1.5B in marijuana sales in 2023 is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
Marijuana Business Daily
16h ago
New Zealand medical cannabis company Cannasouth Limited has entered voluntary administration, a process that allows for an administrator to review and rearrange the financial affairs of insolvent or near-insolvent companies.
New Zealand cannabis company Cannasouth reviewing financial health is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
Marijuana Business Daily
23h ago
Colorado marijuana growers can access more diverse genetics is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
Marijuana Business Daily
2d ago
Ontario’s provincial government is budgeting for a record windfall of more than 600 million Canadian dollars ($442 million) in the next fiscal year from cannabis wholesale profits and its portion of the federal excise tax.
Ontario eyes CA$600 million cannabis windfall, pledges online crackdown is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
Marijuana Business Daily
2d ago
Moving marijuana to Schedule 3 of the Controlled Substances Act, as Biden administration health officials have recommended, violates U.S. promises to other countries.
Republican senators oppose marijuana rescheduling based on global treaties is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
Marijuana Business Daily
2d ago
Marijuana multistate operator Ayr Wellness is increasing by $8.4 million the size of an existing mortgage on a cultivation facility in Gainesville, Florida.
Ayr Wellness boosts Florida marijuana cultivation facility mortgage by $8.4M is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
Marijuana Business Daily
2d ago
Organigram Holdings has dipped into its strategic investment pool to pick up a minority stake in Roxboro, North Carolina-based Open Book Extracts as part of its plan to target emerging cannabis markets in the United States and elsewhere.
Canadian cannabis producer Organigram enters US, plans CA$25 million raise is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more