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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

Cresco Labs’ Disciplined Strategy Drives Record Cash Flow in 2024 Financial Results

The cannabis company reported $132 million in operating cash flow for the full year, representing a 126% increase from 2023.

Meet the 2025 Best Cannabis Companies to Work For

The sixth annual ‘Best Cannabis Companies’ program recognizes organizations that stand out for their ongoing efforts to create great places to work.

Grow America Builders Completes Construction of New Flowery Cannabis Dispensary on Upper West Side, NYC

The completion of the dispensary in Manhattan marks the national cannabis design-build construction firm’s sixth project in New York City.

Tilray Medical Introduces High-THC, High-Terpene Genetics to German Market

The company launched Tilray Craft, a brand extension within its medical cannabis portfolio in Germany.

California’s 2nd Largest City to Hike Cannabis Tax 25% Amid $258M Deficit

San Diego City Council members approved a tax increase on cannabis retailers starting May 1 in hopes of closing the budget deficit.

Cresco Labs to Operate Kentucky’s Largest Medical Cannabis Cultivation License

The cannabis company will manage a facility with up to 25,000 square feet of canopy as one of two operators with a Tier 3 license.

Idaho Lawmakers Advance Resolution to Block Citizens From Voting on Cannabis Legalization

The House-passed resolution aims to amend the state’s constitution by rolling back the democratic process of citizen-initiated ballot measures.

Cannabicity Opens New York Dispensary, Debuts Retail Advisory Service for Fellow License Holders

The woman-founded cannabis retailer’s ‘Powered By Cannabicity’ service offers investment and expertise to help expand the state’s market.

Jushi Holdings Reports $257.5 Million in 2024 Revenue

The cannabis company increased its quarterly and annual operational cash flow compared to prior periods.

The Cannabist Co. Achieves 70% Support For Agreement to Extend Senior Secured Notes Maturity Date

The cannabis company announced that additional holders of issued the Senior Notes entered into joinders to the definitive support agreement.

TerrAscend Reports $307 Million in 2024 Revenue

The cannabis company closed the books on its sixth consecutive quarter of positive free cash flow.

22 Tips to Conquer Compliance in Cannabis

Five cannabis industry compliance experts offer their tips for compliance success.

MariMed Reports Fourth Quarter and Full Year 2024 Earnings

The cannabis company reported record revenues and improved adjusted EBITDA.

AYR Wellness Reports Fourth Quarter and Full Year 2024 Results

The cannabis company reported $463.6 million in revenue for the full year of 2024, mirroring the company’s revenue figure from 2023.

Georgia Lawmakers Push to Expand State’s Medical Cannabis Program

House-passed legislation would remove the terms ‘severe’ and ‘end-state’ from qualifying conditions, while a Senate bill would increase the THC limit.

Fresh Karma Opens 4th Missouri Dispensary in Columbia

The new location joins the company’s existing stores in Parkville, St. Joseph, and Midtown within Kansas City.

Patients, Providers, Advocates Gather at NY Capitol, Decry Deterioration of Medical Cannabis Program

The advocates are demanding action from elected officials amid dispensary closures curtailing access to medical products unavailable in the adult-use market.

New Jersey Governor Proposes 500% Tax Hike on Cannabis Cultivators as $7 Million Fund Remains Untouched

Gov. Phil Murphy proposed that licensed growers pay an additional $200 per pound tax when they sell or transfer products.

MariMed Acquires First State Compassion Center in Delaware

The acquisition integrates the Delaware cannabis operator’s cultivation and processing facilities and two dispensaries into MariMed’s operations.

Curaleaf Reports $1.34 Billion in 2024 Revenue

The cannabis company also reported an operating cash flow from continuing operations of $163 million and a net loss of $216 million in 2024.

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