MJBizDaily | Cannabis Industry Financial & Legal News
6 days ago · Legal. Finance. By Region. Cannabis 101. Featured. Marijuana firms Eaze, Green Dragon find new life after $10 million capital infusion. By Margaret Jackson • November 12, 2024. California cannabis farmers call 2024 ‘best harvest season,’ hope prices follow. By Margaret Jackson • November 12, 2024.
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Nov 12, 2024 · 2024 cannabis election updates, analysis & highlights. MJBizDaily reporters and editors are providing live coverage of the 2024 election, focusing on legalization ballot measures in four states, key federal races that could affect marijuana reform and other election-related tidbits. November 5, 2024.
U.S. Cannabis News | United States Marijuana Business News
4 days ago · By Margaret Jackson · November 12, 2024. Newly rebranded California-based marijuana operator Eaze raised $10 million to acquire select assets of Eaze Technologies, its predecessor company, to fund the reopening of 70 Eaze and Green Dragon locations across California, Colorado, Florida and Michigan. Read More.
International Marijuana Business News | Global Cannabis News
6 days ago · Marijuana operator TerrAscend withdraws $26 million from senior secured loan. TerrAscend Corp., a Canadian-headquartered marijuana multistate operator with U.S. assets, said it withdrew $26 million from its $140 million loan to pay off higher-interest debt it holds in Michigan. October 7, 2024.
Marijuana Dispensary News | Cannabis Store & Retail News
Marijuana company Agrify gets $20M from Green Thumb, shakes up C-suite. A Green Thumb Industries subsidiary is providing $20 million in funding to marijuana cultivation and extraction solutions company Agrify Corp., with $10 million being drawn at closing. November 5, 2024.
Marijuana Stock News | Publicly Traded Cannabis Companies
Marijuana stocks tank after Election Day results. By Chris Casacchia · November 6, 2024. Marijuana stocks were reeling Wednesday on the heels of adult-use legalization failures on Election Day in Florida, North Dakota and South Dakota and the grim prospects of national marijuana reform under a second Donald Trump presidency.
Marijuana Legalization & Regulatory News for Cannabis Businesses
5 days ago · Florida voters reject adult-use marijuana amendment. In a stinging rebuke to the $32 billion regulated U.S. marijuana industry – and to one multistate operator, in particular – Florida voters on Tuesday appeared to reject a constitutional amendment that would have legalized adult-use cannabis in the nation’s largest medical-only market.
U.S. cannabis sales by state - MJBizDaily
Feb 6, 2023 · For example, legal recreational and medical cannabis sales in the U.S. are expected to reach $33 billion this year after posting strong growth in 2021. That growth has largely been driven by recently opened adult-use markets in states such as Arizona and New Mexico. And growth will continue into 2023 as large adult-use markets, such as New York ...
Projected US legal medical and recreational cannabis market size
Projected US 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. Retail cannabis sales are projected to be upwards of $53.5 billion by 2027, according to analysis from the MJBiz Factbook.
Cannabis manufacturing - MJBizDaily
Nov 8, 2024 · California report spotlights potential risks of high-potency marijuana. A new California report highlights potential risks associated with high-potency marijuana and recommends further restrictions on marketing, product development and business opportunities for licensed cannabis operators in the world’s largest regulated market. October 31 ...