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

Green Thumb CEO Warns of ‘Washout’ for Cannabis Industry

The company reported $1 billion in revenue for 2022 with a net income of $12 million on a GAAP basis.

North Carolina Senate Approves Medical Cannabis Legalization Bill

Lawmakers passed the NC Compassionate Care Act Feb. 28 in a 36-10 vote.

Union Square Travel Agency: A Cannabis Store Opens as New York’s Third Manhattan-Based Adult-Use Dispensary: The Starting Line

The store opened Feb. 13 under a license held by a subsidiary of The Doe Fund, a nonprofit organization that offers support to homeless and formerly incarcerated men in New York City.

Nonprofit Cannabis for Conservation Secures $2.5 Million to Assist Small Cannabis Farmers in Humboldt and Trinity Counties

The two grants will collectively assist 89 farms across eight priority watersheds with environmental work.

Ohio's Budget Changes: What it Could Mean for the State's Medical Cannabis Industry

Industry professionals weigh in on Ohio Gov. Mike DeWine's budget proposal for 2024-2025 and Senate Bill 9, which recommend the state’s commerce department exclusively manage the medical cannabis program.

Virginia General Assembly Approves Legislation to More Tightly Regulate Hemp-Derived THC Products

The bill, headed to Gov. Glenn Youngkin’s desk, establishes license requirements and stricter labeling rules.

Cresco Labs, Columbia Care Delay Closing of $2-Billion Merger

The multistate operators mutually agreed to extend their proposed closing date to the second quarter of 2023.

Inside the Cannabis Market in Massachusetts, Operators Find (Cautious) Optimism

Wholesale cannabis prices are on a sharp decline across the market. What’s a licensed operator to do?

New Hampshire House Gives Initial Approval to Adult-Use Cannabis Legalization Bill

Lawmakers voted to advance House Bill 639 to the Ways and Means Committee.

North Carolina Medical Cannabis Legalization Bill Heads to Senate Floor

The measure mimics a bill that cleared the Senate last year but was killed in the House.

Pennsylvania’s Medical Cannabis Operators Grapple With Price Compression, Illicit Market

Executives from Ethos Cannabis and Jushi Holdings share the economic challenges they face in the Keystone State and how increased regulatory oversight and adult-use legalization could alleviate some of the pressure.

How Garden Remedies' Kyle Vigeant Works: Cannabis Workspace

Kyle Vigeant, vice president of cultivation for Garden Remedies in Newton, Mass., explains what he's learned in the seven years he's been with the vertically integrated company, how the team expanded to meet the demand of the adult-use market, and why his favorite cultivation tool is a jeweler's loupe.

From Budtender to Dispensary Owner

After multiple cannabis arrests, Tahir Johnson is opening a Simply Pure dispensary in his hometown in New Jersey.

From Legacy to Legal: Black History Month

Reentering his community after incarceration, Kyle Paige provides an inside look of his journey to Ascend and the company's social equity and expungement efforts.

Canopy Growth Announces $150 Million Registered Direct Offering

The agreement with an institutional investor is part of the company’s focus to accelerate an entry into the U.S. market.

After Setting Special Election on Cannabis Legalization, Oklahoma Governor Confirms He Opposes the Measure

State Question 820 will go before voters March 7, with promises of $434 million in new tax revenue.

MedMen Continues Restructuring Efforts Amidst 34% Payroll Reduction

The multistate cannabis operator announced the strategic review of its assets in Arizona, Illinois and Nevada as next steps of those efforts.

5 Cannabis Laws to Watch This Year

More federal reform is possible following the passage of the Medical Marijuana and Cannabidiol Research Expansion Act, while there is an ever-increasing push for legalization at the state level.

Cannabis Legalization Gains Major Momentum in Minnesota

Under a Democratic trifecta in 2023, the North Star State’s end to prohibition appears imminent.

Texas Lawmaker Files Measure to Allow Local Cannabis Legalization

The proposal would permit Texas counties and municipalities to legalize adult-use cannabis within their jurisdictions.