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U.S. Marijuana Business News – Use to place on US homepage

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FDA warns hemp companies not to make CBD for animals

By MJBizDaily Staff · May 26, 2022
U.S. health authorities on Thursday ordered three hemp companies to stop marketing CBD products for animals, warning that the cannabinoid might not be safe for them or the food supply. Read More

Opinion: The battle for directors and officers liability coverage in the cannabis industry

By Eric Rahn · May 26, 2022

Narrow adult-use marijuana initiative makes South Dakota ballot

By MJBizDaily Staff · May 26, 2022

NJ marijuana paraphernalia shop workers to unionize in labor board first

By MJBizDaily Staff · May 26, 2022

Ukraine war, supply-chain woes cause cannabis fertilizer shortage, increased costs

By Bart Schaneman · May 26, 2022

Rhode Island becomes 19th state to legalize adult-use marijuana

Rhode Island officially became the 19th state in the U.S. to legalize adult-use marijuana when Democratic Gov. Dan McKee on Wednesday signed into law a bill passed by state lawmakers the day before.

May 25, 2022
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Arizona’s Item 9 Labs strikes $12.8M deal for Canada’s Sessions Cannabis

Item 9 Labs Corp., an Arizona-based company that invests in marijuana-related businesses, signed an agreement to acquire Wild Card Cannabis, which includes Sessions Cannabis, one of the largest franchise MJ companies in Canada.

May 25, 2022
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Oregon marijuana entrepreneur countersues Curaleaf exec for $625M

Nitin Khanna, a marijuana entrepreneur in Oregon, filed a nearly $625 million countersuit against an investor group that includes Curaleaf Holdings Executive Chair Boris Jordan over a failed CBD company.

May 25, 2022
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NJ sells $24M of recreational cannabis in first month; more licenses issued

In the first month of recreational cannabis sales, New Jersey retailers sold $24 million worth of adult-use products.

May 25, 2022
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Oklahoma recalls 99 medical marijuana products, suspends lab’s license

Oklahoma regulators are accusing a testing lab of reporting passing results for dozens of contaminated medical marijuana products, leading to a recall affecting 33 cultivation and processing businesses.

May 25, 2022
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Canadian cannabis producers’ overdue excise taxes more than triple to CA$52M

Unpaid federal excise duty is piling up in Canada’s cannabis industry, with excise debt more than tripling to 52.4 million Canadian dollars ($40 million) as of March 2022, up sharply from CA$16 million owed in March 2021, according to an MJBizDaily analysis of Canada Revenue Agency data.

May 25, 2022
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Rhode Island legislators pass bill legalizing recreational marijuana

Rhode Island is poised to become the 19th state in the U.S. to legalize recreational marijuana, after House and Senate legislators on Tuesday passed limited-license, social equity-focused legislation.

May 24, 2022
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Narrow adult-use marijuana initiative makes South Dakota ballot

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