Industry Investment News

Cannabis Industry Press Releases and News Articles from the best investment journalist in the industry. Stay updated on all cannabis investment news from every online source, on MjInvest.com

CEO Schmidt retires, Gorenstein retakes helm of cannabis producer Cronos

Canadian cannabis producer Cronos Group announced the retirement of CEO Kurt Schmidt, effective immediately, and the appointment of Mike Gorenstein as...

Congressman Don Young, marijuana champion, dies at 88

The marijuana industry lost a staunch ally Friday when U.S. Rep. Don Young, the longest-serving member of the House of Representatives, died at age 88...

Workers at Michigan cannabis retailer unionize with UFCW

Workers at Manistee, Michigan, cannabis store Authentic 231 unionized with the United Food and Commercial Workers (UFCW) with the support of parent co...

2022 could be the year for pharmaceutical marijuana

(Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the cannabis industry. Michael Sassano is the...

Cash-flow pain for your cannabis business? Try receivables factoring

(You can have cannabis finance content such as this delivered directly to your inbox. Simply sign up here for our weekly MJBizFinance newsletter.) You...

Canadian cannabis retail sales shrank to CA$347.2 million in January

Canadian retail sales of regulated adult-use cannabis totaled 347.2 million Canadian dollars ($275.2 million) in January, according to new data from t...

Kentucky House passes medical marijuana bill; Senate vote is next

The Kentucky House of Representatives passed a restrictive medical marijuana bill by a vote of 59-34. The measure, approved Thursday, now goes to the ...

Schwazze to buy Denver cannabis retailer, grower for $3.2 million

Colorado-based marijuana company Schwazze signed an agreement to acquire Urban Health & Wellness, a cannabis retailer and cultivator in Denver, fo...

Amid transformation push, marijuana producer Hexo posts CA$690.3M Q2 loss

Major Canadian marijuana producer Hexo Corp. posted a net loss of nearly 690.3 million Canadian dollars ($547 million) for the quarter ended Jan. 31, ...

Illinois court clears way for licensing of 60 adult-use craft cannabis growers

Expert advice for a stronger shelf life. Learn the fundamentals for getting started in cannabis retail in this comprehensive guide curated by the edit...

White males top Nevada’s marijuana industry, but women make gains

The annual Women & Minorities in the Cannabis Industry Report breaks down the current state of social equity and lack of diversity in executive ro...

‘Diamonds in the rough’: How to hire cannabis workers with criminal records

“Social equity” is the legal cannabis industry’s biggest buzzword these days, with governments and companies of all sizes paying homage to the idea th...

New Jersey opens recreational marijuana retail license application window

New Jersey regulators began accepting applications for recreational marijuana retail licenses this week and received almost 200 submissions on the fir...

Metrc secures Minnesota’s medical cannabis track-and-trace contract

Florida-based seed-to-sale traceability company Metrc signed a contract to provide track-and-trace services to Minnesota’s medical cannabis program. T...

Nevada’s Planet 13 sets first medical marijuana dispensary in Florida push

Multistate cannabis company Planet 13 Holdings disclosed the location of its first Florida medical marijuana dispensary as part of its plan to expand ...

Disagreements among lawmakers stall delta-8 THC ban in Washington state

(A version of this story first appeared at Hemp Industry Daily.) Last-minute disagreements about the rise of hemp-derived THC products in Washington s...

How US cannabis industry weathered two years of pandemic upheaval

For many cannabis industry executives, it’s been a white-knuckle ride since the World Health Organization declared the COVID-19 outbreak a global pand...

Massachusetts banks increasingly eyeing high-growth marijuana industry

While some banks still shy away from cannabis, others increasingly are embracing the industry, as evidenced by a couple of recent examples in Massachu...

Vermont regulators pass emergency rules for medical cannabis market

Get strategies and tips from expert processors on choosing cannabis extraction systems, costs, safety precautions and more. Curated by MJBizDaily. Ins...

Chicago Atlantic, others lend $30 million to Florida medical marijuana company

The annual Women & Minorities in the Cannabis Industry Report breaks down the current state of social equity and lack of diversity in executive ro...