MJBiz Factbook 2024 Edition is Now Available - MJBizDaily
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MJBizDaily | Cannabis Industry Financial & Legal News
Dec 18, 2024 · MJBizDaily: the most trusted publication covering the legal cannabis industry in the U.S. and globally. Daily industry news & data.
U.S. Cannabis News | United States Marijuana Business News
5 days ago · Massachusetts’ Cannabis Control Commission is closing in on a new executive director position, and Arkansas’ top MMJ regulator has resigned. Sixty-seven licensed marijuana businesses in Michigan were fined for various regulatory violations in November. As more states adopt regulated marijuana ...
2024 marijuana election updates, analysis & highlights
Nov 5, 2024 · Adult-use marijuana likely rejected in the Dakotas (12:32 a.m. Wednesday) With more than 95% of the votes in North Dakota counted, Measure 5 to legalize adult-use marijuana appeared bound for defeat, with 52.5% of voters rejecting the measure, compared to 47.5% in favor.. In South Dakota, where voters also were asked whether the state should legalize adult …
Projected US legal medical and recreational cannabis market size
Updated Apri 2023. Combined U.S. medical and recreational cannabis sales could reach $33.6 billion by the end of 2023, largely driven by the opening of new adult-use markets.
Assets for cannabis operator StateHouse for sale in receivership
Nov 21, 2024 · A brokerage firm has listed for sale the assets of California cannabis operator StateHouse Holdings in what could be the industry’s “largest receivership deal,” MJBizDaily has learned. The portfolio for San Diego-headquartered StateHouse includes several brands, business licenses and retail outlets throughout the state.
California cannabis recalls highlight importance of decontamination
Nov 15, 2024 · (This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.). Arthur de Cordova (Courtesy photo) In August, California’s Department of Cannabis Control issued five marijuana product recalls that cited the presence of aspergillus, bringing the total number of such recalls to 21 for 2024.. This sharp …
Michigan marijuana sales boom fueled by low flower prices
Oct 3, 2024 · The average retail price for an ounce of flower in Michigan has plunged more than 80% since adult-use sales started. The average price for an ounce of flower was $80.14 in August 2024, according to data from Michigan’s Cannabis Regulatory Agency (CRA), down 84.5% from $516.21 per ounce in December 2019.
Wyld dominates edibles category in adult-use marijuana markets
Oct 16, 2024 · Wyld’s edibles prices are lower than those of other leading companies in the markets Headset tracks. The average item price for Wyld products in the states analyzed hovers around $14-$15, while other companies are in the $20 range.
About MJBizDaily
Since 2011, MJBizDaily has been the most trusted business (B2B) news source for the cannabis industry in the US and Canada. Exclusively written by professional journalists, we serve the information needs of large-scale cultivators, processors and testing labs, infused product makers, financial services, major investors, dispensaries and recreational retailers and the related …