California cannabis farmers growing their plants under the sun said the weather cooperated during the 2024 growing season. A cold, wet spring followed by a hot, dry summer with fewer wildfires combined to improve yields – and, potentially, prices. Sun-grown marijuana is celebrated for its rich terpene profiles and earthy, distinct aromas, which enthusiasts often […]
South Dakota’s first licensed medical marijuana dispensary not on tribal land is closing next month. Unity Rd. posted on Facebook that it and The Hartford Connection in Hartford, South Dakota, will cease operations Dec. 7. Unity Rd. opened on July 27, 2022 – 20 months after voters approved medical marijuana sales – and offered only […]
Marijuana multistate operator Curaleaf Holdings said it has secured a $40 million revolving line of credit from a “major commercial regional bank.” Curaleaf will use the credit line from Needham Bank in Massachusetts for general corporate purposes and working capital, according to a news release. Boris Jordan, the New York-based MSO’s chair and CEO, said […]
A group of seven independent marijuana social equity transporters in Illinois filed a civil rights complaint against the state’s Department of Agriculture alleging that the office discriminated against them when it issued licenses to medical cannabis cultivation centers. In a complaint filed in the 7th Judicial Circuit Court of Sangamon County – independent transporter licensees who […]
After failed efforts to find a deal to restructure its debts, cannabis multistate operator Slang Worldwide is entering receivership to dispose of its Colorado assets and filing for bankruptcy in Canada. Toronto-based Slang said in a news release it might also sell the assets of its Vermont subsidiaries. According to the release, Slang decided to […]
Drying and curing is a critical stage for marijuana cultivators that can make or break the quality of the final product. Proper drying and curing not only preserves potency and flavor but also improves the safety, shelf life and overall user experience of cannabis flower, cultivation experts told MJBizDaily. “You can take a really good […]
Is Republican control of the U.S. government better for marijuana reform than a Democrat-led administration, and have statewide adult-use cannabis legalization efforts simply maxed out? After the GOP’s decisive nationwide victory on Tuesday sent former President Donald Trump back to the White House – and delivered control of the Senate to Republicans – the $32 […]
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. According to a news release, Agrify also is undergoing a management shake-up in which: Chair and CEO Raymond Chang resigned and I-Tseng Jenny Chan stepped down from the […]
Deep Roots Harvest has acquired fellow Nevada marijuana operator The Source in a deal that includes a portfolio of retail, distribution and cultivation assets in the state. The acquisition gives Mesquite-based Deep Roots Harvest four additional retail outlets in Henderson, Las Vegas, North Las Vegas and Pahrump. The purchase price was not revealed, and a […]
The fate of Kentucky applicants seeking medical cannabis dispensary licenses will be decided starting in late November. The state’s Office of Medical Cannabis (OMC) will select the winners during two lotteries held at the Kentucky Lottery Corp., the Louisville Courier Journal reported. Winners for four licenses available in nine of Kentucky’s dispensary licensing regions will […]
