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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

Fresh lawsuit targets New York’s rollout of adult-use marijuana

New York regulators are facing yet another lawsuit aimed at stopping them from issuing any additional adult-use marijuana licenses. The lawsuit – file...

Former WeWork co-CEO Artie Minson joins cannabis platform LeafLink

Artie Minson, a former co-CEO of commercial real estate company WeWork, joined cannabis wholesaling platform LeafLink as president, chief operating of...

Hopes fade in Kentucky for legalizing medical marijuana this year

Medical marijuana legalization in Kentucky appears dead for the 2022 legislative session. Senate Majority Leader Damon Thayer told the Lexington Heral...

Illinois lawsuit: Cannabis license scoring favoring residents violates Constitution

A lawsuit filed in Illinois alleges the state has violated the U.S. Constitution by awarding extra points in cannabis licensing criteria for both resi...

IRS ramps up marijuana business audits after COVID-19 lull, sources say

Like other federal agencies during the coronavirus pandemic, the IRS put much of its routine work on the back burner, including audits, enforcement an...

Full US House poised to vote on federal marijuana legalization again

The U.S. House of Representatives might vote as soon as next week on a comprehensive marijuana legalization bill, but the vote would be largely symbol...

Investor-pitching tips for cannabis entrepreneurs

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

New Jersey regulators balk at approving adult-use marijuana sales – yet

New Jersey regulators on Thursday declined to give the OK to any existing medical marijuana operators to begin selling adult-use products, saying the ...

In reversal, Ontario cannabis regulator to allow white-label retail deals

The cannabis retail regulator in Ontario, Canada, is set to reverse course on its recent decision to ban retailers from creating in-house brands and w...

Detroit suburb lands first licensed Michigan marijuana consumption lounge

Michigan’s first licensed marijuana consumption lounge is set to open this month in the Detroit suburb of Hazel Park. According to Detroit radio stati...

Aurora deepens ‘premium’ cannabis focus via CA$38M TerraFarma acquisition

Aurora Cannabis reached a deal to buy TerraFarma, the parent company of craft producer Thrive Cannabis, in a bid to reinforce its “premiumization” str...

How living soil can reduce cannabis growers’ impact on the environment

(This is the sixth installment in a series examining sustainability in cannabis cultivation. Read Part 5 here.) Maintaining healthy soil can help cann...

Detroit again delays launching recreational marijuana market

Detroit failed once more to follow through on a promised recreational marijuana ordinance that would allow entrepreneurs to launch adult-use businesse...

Metrc lands South Dakota’s medical cannabis track-and-trace contract

Informed decision making is essential for success in the cannabis industry. Get the facts and analysis you need in the 2022 MJBiz Factbook, curated by...

Cresco Labs to buy rival cannabis MSO Columbia Care in $2 billion deal

(This is a developing story and will be updated.) Major multistate cannabis operators Cresco Labs and Columbia Care said they have agreed to combine i...

UT bars smokable hemp, CBD in food, gives hemp oversight to US

(A version of this story first appeared at Hemp Industry Daily.) Utah banned smokable hemp and CBD in food under a new law that also shifts oversight ...

High gasoline prices undermining cannabis delivery firms, driving some to go electric

When Ari Cohen was planning to launch Denver-based cannabis delivery company Doobba, he hired an auto broker to help decide from among a Prius, Honda ...

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...

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...

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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