MjLink Cannabis Business News and Press
After the bill survived two committees, a rare motion prevented the legislation from being discussed on the chamber’s floor.
The agreement for SNDL to supply Aurora with premium cannabis flower complements the companies’ existing relationship.
The company announced Jared Cohen is pursuing new opportunities outside of the cannabis industry.
The state launched a cannabis banking directory for the industry, but the list of financial institutions is limited.
The state’s licensed retailers sold 21.5% more pounds of medical cannabis in 2024 than in 2023, but revenue shrank 2.5%.
The company’s flower and pre-roll products are now available across the state, where its 130,000-square-foot cGMP facility has created 150 jobs.
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Aaron Klien, of the Brookings Institute, told lawmakers that legislation for the cannabis industry needs to address ‘costly and unproductive’ SAR filings.
The company’s net revenue is up 37% year-over-year, including a record net revenue of $68 million in global medical cannabis.
The Prairie States’ retail market grew 2.5% year-over-year, but sales attributed to out-of-state customers are down 20% since 2022.
The contract marks the fourth state in which Metrc is replacing an incumbent track-and-trace vendor.
Gov. Ron DeSantis said a new measure, sponsored by the same committee that oversaw 2024’s failed initiative, won’t survive judicial review.
The cannabis company is selling its Taunton dispensary to In Good Health for $2 million and is closing its store in Brockton.
Rosen previously served as the executive chairman and CEO of 4Front Ventures and CEO of Viero Growth.
Gibran Washington, CEO of multistate operator Ethos Cannabis, shares his take and tips on developing strategic vision and operational excellence.
A new report from the University of Houston revealed the preferences of Texans regarding various cannabis-related policies.
Gov. Josh Shapiro called on state lawmakers to legalize adult-use cannabis in the commonwealth, saying taxation and regulation are long overdue.
The state’s Democratic lawmakers pushed the legislation through the upper chamber on a party-line vote despite Gov. Glenn Youngkin’s opposition.
The company meets previous guidance on the commencement of sales with deliveries of the first flower harvest to coffee shops.
Chief Financial Officer Brad Asher is leaving the cannabis company after filing its 2024 annual financial statements.
