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

California Regulators Offer Grants to Local Governments to License Cannabis Retailers

Up to $20 million in total funding is available for the Local Jurisdiction Retail Access Grants, which will be distributed in two phases.

DEA Declares THC-O Acetate as a Schedule I Controlled Substance

The federal agency sent a letter to attorney Rod Kight Feb. 13, stating that the cannabinoid is a controlled substance because it is not naturally occurring in the cannabis plant.

Cannabis Stocks Are a Bargain Right Now. Here's Why

The downturn in stocks has a lot of causes but few industry stakeholders predicted it publicly in advance.

Trulieve Claims to Be First Cannabis Company to Launch Advertising Campaigns on Twitter

The Florida-based operator’s social media campaigns include a presence in its multistate footprint.

Cannabis Conference Announces 2023 Advisory Board

Comprised of plant-touching cannabis professionals, the Advisory Board is helping to develop Cannabis Conference’s unparalleled education and expo event (Aug. 15-17, 2023, at Paris Las Vegas).

Twitter Will Allow Cannabis Businesses to Advertise

This move lifts a major gate on marketing opportunities for the industry: social media.

Virginia Lawmakers Reject Legislation to Launch Commercial Adult-Use Cannabis Sales

The Republican-controlled House of Delegates voted Feb. 14 to kill a bill that would have allowed an adult-use market to launch next year.

How Stone Road Farms Maintains Steady Growth Amid Industry Challenges

The California-based company rounded out last year with 50% year-over-year growth from 2021 despite operating in a market that owner Lex Corwin describes as “inherently broken.”

Colorado Cannabis Sales Take Nosedive; Denver Among Hardest Hit

The 2022 correction came after Coloradans spent more money on adult-use cannabis on a per-capita basis than their legalization peers in 2021.

SNDL Initiates Mass Layoff in Cost-Saving Measure in Alberta

The company’s headcount reduction includes roughly 85 employees as it expects to report record net revenue and net cash for Q4 2022.

Michigan's Plummeting Cannabis Prices: A Closer Look

Will Bowden, CEO of Grasshopper Farms, gives an inside look into Michigan's cannabis market and how the company is navigating price compression.

Ayr Wellness Appoints David Goubert to President, CEO

Jonathan Sandelman’s role transitioned to the company’s executive chairman of the board.

New Jersey Regulators Remove Cap on Cannabis Cultivation Licenses

The state’s Cannabis Regulatory Commission recommended a Feb. 22 expiration date for the current limit of 37 licenses.

Q&A with “Can Legal Weed Win?” Authors Robin Goldstein and Daniel Sumner

The legacy cannabis market continues to attract consumers and compete with licensed operators. Here, the University of California, Davis economists explain what is happening.

Gov. Hochul Announces Opening of the Third Adult-Use Cannabis Dispensary in Manhattan

The nonprofit is to open a conditional adult-use retail dispensary in Union Square on Monday, Feb. 13.

What Social Equity Programs Can Learn From College Sports: Q&A with Ball Family Farms’ Chris Ball

Ball discusses the challenges that minority-owned cannabis businesses face and why social equity programs usually come up short in helping them reach their full potential.

Ayr Wellness to Sell Arizona Assets, Announces Option to Acquire Ohio Dispensary Licenses

The publicly traded multistate operator signed a definitive agreement to sell three retail facilities in greater Phoenix and two cultivation facilities.

Good Day Farm Transitions to Missouri’s Adult-Use Market With Eye Toward Medical Patients: The Starting Line

The company, which previously served the state’s medical market, opened for adult-use sales Feb. 3 with what Head of Retail Ryan Herget calls a “relentless focus on the consumer” and the patients who started it all.

Governor Hochul Announces Opening of First Adult-Use Cannabis Dispensary in the Southern Tier

The store will open for public sales at 3 p.m. Feb. 10.

From California to New York: How Interstate Commerce Will Reshape the American Cannabis Market

How could interstate commerce change the cannabis industry, and how could it begin?