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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

Green Thumb Reports $18M in Cash Flow From Operations Despite Paying $52M in Taxes for Q2

The multistate cannabis operator had a net income of $13.4 million attributable to the company for the second quarter.

New York’s Adult-Use Retail Market on Hold From Court Order

A state Supreme Court judge issued an injunction on new licenses and dispensary openings amid a lawsuit filed by service-disabled veterans.

Verano Pursues Growth Opportunities Despite Industry ‘Fluctuations,’ CEO Says

The multistate operator announced a record $234 million in quarterly revenue and positive free cash flow for Q2.

Cresco Labs Expands Florida Footprint With Sunnyside Dispensary in Palm Bay

The new retail facility in east central Florida is the company’s 32nd location in the Sunshine State.

The Versatility of Hemp: 5 Ways to Use and Enjoy Hemp Products

Jorge Olson, chief marketing officer at Hempacco, showcases hemp’s myriad uses, what consumers can expect, and what businesses should note.

Learn How to Launch a Cultivation Business or Dispensary at Cannabis Conference

Cannabis Conference will host two day-long intensives that will provide those planning on entering the cannabis industry with essential considerations and processes to launch a cultivation or dispensary business successfully.

Cannabis Industry Pioneer Marc Beginin Launches Prodigy Processing Solutions

Beginin leveraged the proceeds from selling Precision Extraction to fund this innovative cannabis and hemp extraction equipment company.

Ohio Legalization Group Submits 6,545 More Signatures, Nearly 10x What’s Needed for Ballot

A vote on an adult-use cannabis measure for the November 2023 election now appears imminent.

Columbia Care Continues Virginia Expansion With Opening of Cannabist Suffolk

The retail facility is the company’s 36th Cannabist location and 86th active dispensary nationwide.

Trulieve Business Model ‘Reckless,’ Florida Attorney General Argues in New Ballot Measure Brief

Ashley Moody continued to hammer the state’s largest MSO in her attempt to keep adult-use cannabis illegal.

Resource Innovation Institute Releases Water Circularity Best Practices Guide

Free, downloadable report provides information and guidelines to help CEA operations better manage water resources.

Climate Control Systems Named Exclusive North American Distributor for Climate Controls Limited’s Greenhouse Systems

This includes vent drives, rack & pinions, shaft hangers, and benching.

Cannabis Conference to Feature Home Grow, Medical Cannabis Research Education

These groundbreaking sessions will dive into the realms of personal cultivation and the cutting edge of medical cannabis research.

Maryland’s First Month of Adult-Use Cannabis Sales Indicates $1 Billion Market in Store

The state’s licensed retailers reported more than $87 million in combined cannabis sales for July.

Oregon Cannabis Operators on ‘Brink of Financial Collapse’ as Trade Group Sues Regulators Over Testing

The Cannabis Industry Alliance of Oregon filed an emergency motion to halt enforcement of the new testing rules ahead of fall harvests

STIIIZY Supports Pomona Parks and Schools With Donation

The cannabis retailer and brand presented Pomona Mayor Tim Sandoval with a check for $293,539 to help improve Pomona parks and schools this past Friday at the John F. Kennedy Park.

Columbia Care to Voluntary Delist Common Shares From CSE

While the cannabis company is delisting from the Canadian Securities Exchange, it will continue trading on the Cboe Canada.

New York’s First Adult-Use Cannabis Retailer Garners $12 Million in Sales During First Six Months

Nonprofit Housing Works Cannabis Co. is using the proceeds to continue advancing community goals and life-saving initiatives for New Yorkers in need.

No Deal: Cresco Labs, Columbia Care Call Off $2-Billion Merger

The multistate cannabis operators terminated an acquisition agreement dating back to March 2022; the Sean “Diddy” Combs deal is off, too.

Debit Card Company Twisting Arm of Cannabis Industry

Mastercard is the latest payment processor warning financial firms not to service the cannabis industry.

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