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MjLink Cannabis Business News and Press

Cannabis Industry Business Professionals Blogs, Press Releases and News Articles from the best journalist in the industry. Stay updated on all news from many online cannabis news outlets, on MjLink.com
Cannabis Business Times is owned by GIE Media, based in Valley View, Ohio. CBT’s mission is to help accelerate the success of legal cannabis cultivators by providing actionable intelligence in all aspects of the business, from legislation, regulation and compliance news to analysis of industry trends, as well as expert advice on cultivation, marketing, financial topics, legal issues and more.

CBT focuses strictly on the business of legal cannabis for medical and recreational use and aims to provide timely information—through its website, e-newsletter, mobile app, print magazine and annual conference—to help the reader make timely, informed decisions to help them run their businesses better and more profitably. In 2018, Cannabis Business Times was named Magazine of the Year by the American Society of Business Publication Editors.

9 Tips for Getting Your Business Cash-Positive in 2023

At Cannabis Conference 2022, Colin Kelley, operating partner for private equity fund Merida Capital Holdings, moderated an open dialogue with three seasoned cannabis operators to gather insights on how they've avoided–and learned from—common, costly missteps and built a profitable business.

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Marijuana Policy Project Announces the Addition of Four New Members to Board of Directors

The new appointments to MPP's now nine-member board of directors include Betty Aldworth, Kim Napoli, Tom Roth and Barrington Rutherford.

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Genetics Storefront Opens Doors in Chicago After DEA Deems Cannabis Seeds Legal

MoneyTree Genetics is selling seeds and clones to the public and to Illinois cannabis businesses and patients enrolled in the state’s medical cannabis program.

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New York’s Second Adult-Use Cannabis Dispensary Expected to Open Jan. 24

Smacked LLC, owned and operated by an entrepreneur previously criminalized by cannabis prohibition, will open Jan. 24 in Manhattan.

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With 12th Generation at the Helm, Farming Family Branches Out to Hemp

The family behind Kentucky Heritage Hemp and Peterson Farms has records dating back to before their ancestors emigrated from Holland to colonial North America. As they continue growing staple crops, they have set their eyes on hemp.

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US Virgin Islands Governor Signs Adult-Use Cannabis Legalization Bill Into Law

The legislation allows adults 21 and older to use cannabis, but the bill’s sponsor estimates it may take up to five years for the law to be implemented.

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New Jersey Regulators Propose Updated Rules for Cannabis Consumption Lounges

Public comment will be accepted on the rules and amendments until March 18.

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Planet 13 Announces Fourth Florida Dispensary

The company announced the fourth location of its planned Florida dispensary network in the city of Port Orange.

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Connecticut Adult-Use Sales Top $2 Million in First Week

The state recorded the highest number of sales on its first day of launch, Jan. 10, which brought in $359,099.

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Michigan Smashes Cannabis Sales Record at $2.3 Billion in 2022

Now the nation’s second largest cannabis market, Michigan’s demand continues to skyrocket as the average flower price sinks to $91 per ounce at retail.

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Industry Associations Weigh In on 2023 Farm Bill: What’s to Come for Hemp?

With the 2018 Farm Bill set to expire this year, CBT reached out to hemp industry stakeholders to discuss what reforms they are advocating for in the 2023 Farm Bill to address pain points and benefit the hemp industry.

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CanPay Now Accepted at More Than 1,000 Cannabis Merchant Locations

The payment network surpasses $750 million processed in transparent cannabis retail purchases.

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Oregon Shy of $1 Billion in Cannabis Sales for First Time Since 2019

The state’s average wholesale flower price dropped to $550 per pound in December, while the average retail price dipped to $116 per ounce.

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Texas Regulators Now Accepting Applications for New Medical Cannabis Dispensary Licenses

The application window will close April 28, and officials have not indicated how many licenses they will issue.

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Las Vegas Will See First ‘Cannabis-Friendly’ Hotel Open Off-Strip

The 64-room hotel will rig the entire fourth floor with a "state-of-the-art" filtration system.

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MariMed Hires 2 Senior Executives to Strengthen Sales, Marketing and R&D

Matt Truppo joins the company as vice president of retail sales and Jay O’Malley as vice president of marketing and research & development.

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First Cannabis Beverage Distribution Center Opens in Minnesota

Fair State Brewing Cooperative has launched Minnesota's first cannabis co-packing distribution center exclusively for hemp-derived beverages.

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How Evermore Cannabis Company's Thomas Klassen Works: Cannabis Workspace

In this installment, CBT presents an up-close look at the tools and habits behind the Maryland cannabis operation.

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Question: Will the FDA Take Steps to Regulate CBD This Year? Answer: Well… Maybe.

Industry stakeholders weigh in after FDA officials told reporters last month that the agency plans to review product regulations in the coming months.

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Inside Housing Works Cannabis Co.’s Journey to Launching New York’s First Adult-Use Sales: The Starting Line

CEO Charles King shares insight into the organization’s history, its commitment to the state’s adult-use cannabis market and its broader mission to support more equity-based entrepreneurs in the space.

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