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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

Tonik’s Guide to Exponential Growth as a Small Business in Canada’s Adult-Use Market

Anthony Horvath, owner of Tonik, shares insights into how the company has grown roughly every month since opening, despite an increase in competition.

‘Progress, Not Perfection:’ Lilach Mazor Power Reflects on Her Role as Board President of the Arizona Dispensaries Association

Power, founder and CEO of The Giving Tree, reflects on the current state of Arizona’s cannabis market and what’s to come for business operators this year.

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.

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.

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.

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

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

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.

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.

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.

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.

New Jersey Regulators Propose Updated Rules for Cannabis Consumption Lounges

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

Planet 13 Announces Fourth Florida Dispensary

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

The Botanist Puts Consumer Education at the Forefront: The Starting Line

Kate Nelson, the senior vice president of Acreage’s Midwest & Northeast Regions, shares insight into the company’s adult-use launch in Connecticut under The Botanist brand.

FDA Issues Final Guidance for Clinical Research on Cannabis

The nonbinding recommendations cover clinical research associated with the development of drugs that contain cannabis or cannabis-derived compounds.

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.

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.

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.

Akerna to Sell Off Cannabis Software Business to POSaBIT for $4 Million in Cash

The seed-to-sale software provider is moving into the bitcoin space.

Will Crystallization Technology Disrupt Traditional Extract Refinement?

The Controlled Crash Method addresses the common terpene degradation issue by using cold temperatures to separate and purify compounds.

FDA Calls for Congress to Regulate CBD

The federal agency said it does not plan to pursue rulemaking allowing for the use of CBD in dietary supplements, conventional foods, or animal products.

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