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Cannabis and Hemp 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

Cannabis Producer Cresco nears $2 billion purchase of Columbia Care – sources

March 22 (Reuters) – U.S. cannabis producer Cresco Labs Inc (CL.CD) is in advanced talks to buy rival Columbia Care Inc (CCHW.NLB) for around $2 billi...

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Texas hemp companies ask state’s high court to toss smokable hemp ban

(A version of this story first appeared on Hemp Industry Daily.) Four Texas hemp companies on Tuesday asked the state’s high court to throw out a stat...

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Arizona marijuana sales dip 10% in January

Learn the fundamentals for getting started in cannabis retail in this comprehensive guide curated by the editors at MJBizDaily with help from industry...

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Raids in Southern California net 73 arrests, 156,000 cannabis plants

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

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First marijuana social equity consumption lounge licensed in Denver

Denver approved the city’s first social equity license for a marijuana consumption lounge, a move that could lead to a boost in sales for the market a...

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Arkansas posts $21.1 million in February medical cannabis sales

February medical cannabis sales in Arkansas totaled $21.1 million, according to new data from the state. That brings year-to-date MMJ sales in the sta...

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Charlotte’s Web Signs Exclusive UK Distribution Agreement with Savage Cabbage

CHARLOTTE’S Web Holdings, Inc., (“Charlotte’s Web” or the “Company”), the market leader in cannabidiol (“CBD”) hemp extract wellness products, has sig...

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New Mexico set to launch $400 million adult-use marijuana market likely to attract Texans

New Mexico is set to roll out the nation’s newest adult-use marijuana market on April 1, with a focus on providing plentiful opportunities to small lo...

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Will Mexico Drop Hemp from the Cannabis Law Bill?

by Adrian Cisneros Aguilar, Attorney at Harris Bricken Unfortunately, it looks like Mexico may leave hemp out of the cannabis law bill. That is right ...

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As WA marijuana shops see more armed robberies, owners and politicians say there is a simple solution

When the Snohomish County dispensary Dexter Warren worked at was robbed last year, four men simply walked in. When one of those men hit him in the fac...

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FDA Tackles “Cannabis-Derived Products”

If you can’t measure it, you can’t manage it! With Cannabis-Derived Products (“CDPs”) outpacing the existing science and imposing massive health conce...

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Georgia judge stalls DA’s effort to ban cannabis extracts

ATLANTA (AP) — A Georgia judge has halted efforts by a suburban Atlanta prosecutor to enforce a ban on some cannabis extracts, in a case that could se...

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Georgia retailers win restraining order over hemp-derived THC products

Cannabis retailers in Georgia won at least a temporary legal victory against an Atlanta-area district attorney who had been aggressively trying to shu...

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South Dakota governor signs bills that add some medical cannabis restrictions

South Dakota Gov. Kristi Noem signed six medical marijuana and hemp bills into law, some of which make the MMJ program more restrictive. In a news rel...

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WA state treasurer pushes for marijuana banking in wake of retail robberies

Washington Treasurer Mike Pellicciotti met in Washington DC with members of the state’s congressional delegation to argue for marijuana banking reform...

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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...

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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...

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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...

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Cannabis industry goes all-in on banking push before midterms

The cannabis industry is pushing lawmakers to get a marijuana reform bill to President Biden’s desk before the November midterms, fearing that a Repub...

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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...

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