Marijuana Business Daily

The Washington Liquor and Cannabis Board (LCB) issued a statement Friday with the aim of resolving the legal question of producing delta-9 THC from hemp-derived CBD in the legal markets. The LCB called the process illegal reported Marijuana Business Daily....

The wildfires came early this year. Flames are already raging across California, threatening cannabis cultivation operations as well as homes, individuals and many livelihoods. The high-pressure dome that continues to trap heat over much of the U.S., likely caused the fires to start...

Two cannabis operators Tilt Holdings (OTCQX: TLLTF) and Sira Naturals, a subsidiary of Ayr Wellness (OTCQX: AYRWF) agreed to settle on separate allegations of regulatory violations with the Massachusetts Cannabis Control Commission, writes Marijuana Business Daily...

The cannabis information platform Leafly aims to raise up to $30 million via a securities offering that includes debt, convertible debt and options to acquire securities, according to the company’s Wednesday filing with the U.S. Securities and Exchange Commission. The...

A cannabis-focused special purpose acquisition company, Northern Lights Acquisition Corp has plans to list on the Nasdaq Capital Market, hoping to raise $100 million with its initial public offering. The Denver-based company filed a registration and preliminary prospectus on...

Minnesota Governor Signs Bill Approving Medical Cannabis Flower Minnesota Democratic Governor Tim Walz placed his signature on a bill legalizing medical cannabis flower, approved by the House of Representatives, The legislation includes provisions that allow registered medical...

Brands cannot flourish without good marketing. The cannabis industry is no exception. Of course, due to the nature of the industry and the persistent stigma that surrounds it, the cannabis space sorely lacks opportunities to utilize standard advertising options. But, things seem to be...

CBD company Premium Jane recently confirmed the rollout of several Delta-8 products, reports Marijuana Business Daily. The new products - 625mg Delta-8 gummies and a line of 1,000mg Delta-8 tinctures - are available on the company’s website. While insufficiently studied, Delta 8 is considered...

Kansas House Passes Medical Cannabis Legalization Bill, Sends It For A Floor Vote After many meetings held to review a plethora of amendments to a medical cannabis legalization bill, a Kansas House Committee passed the overall measure on Monday in a 13 to 8 vote, writes Marijuana Moment. After the...

Connecticut House Votes For Cannabis Legalization, Social Equity Connecticut Labor Public Employees Committee approved cannabis legalization bill on Thursday in a 9 to 4 vote, reported Marijuana Moment. The bill is sponsored by Rep. Robyn Porter (D), who chairs the labor panel, and is praised by...

Senators Reintroduce SAFE Banking Act While last week, the SAFE Banking Act was reintroduced in the U.S. House of Representatives on Tuesday, while a parallel bipartisan measure was also represented, reports Marijuana Business Daily. Sens. Jeff Merkley, a Democrat from Oregon, and Steve Daines, a...

New Mexico: Adult-Use Legalization Bill Fails To Pass, But May Reach A Special Session Senate Judiciary Committee voted in favor of a motion to legalize cannabis in New Mexico. The expected Senate floor vote, however, was postponed past the Saturday noon deadline and...

Cuomo Examines Cannabis Home Growing, Social Equity Funding New York Governor Andrew Cuomo may have agreed upon two provisions of submitted legislation in regards to home growing and social equity funding, reports Marijuana Moment. Senate Finance Committee Chairwoman Liz Krueger said she is...

Aurora Cannabis (NASDAQ: ACB) is looking to sell one of its cannabis cultivation greenhouses, according to Marijuana Business Daily. The Canadian cannabis giant hasn’t set the sale price. However, it is “open to a broad range of potential transaction structures and...

Virginia Says Yes To Smokable Cannabis Flower Sales Lawmakers in Virginia voted for the legislation that enables the sale of smokable cannabis flower. (h/t Marijuana Business Daily) This should help advance the sales in the market, as flower sales usually stand for 50% of market sales. Considering...