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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

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...

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...

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...

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...

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...

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...

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...


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