MJBizDaily

MJBizDaily is a business-focused news outlet dedicated to the cannabis industry. It tracks market dynamics, regulation, company news, and investment activity, often approaching the topic through the lens of operators, executives, and policy makers.

When it covers cannabis, the emphasis is usually on how policy changes affect businesses, how markets evolve across regions, and what trends matter for licensed operators—from retail and cultivation to compliance, supply chains, and competitive strategy.

Latest news from MJBizDaily

Mar 2, 2026
Hawaii Adult-Use Cannabis Legalization Projected to Create $1 Billion Industry

Hawaii Adult-Use Cannabis Legalization Projected to Create $1 Billion Industry

Hawaii could see its cannabis industry reach $1 billion if adult-use legalization passes, with major economic growth projected for both local businesses and the tourism

  • A government-commissioned report projects Hawaii's cannabis market could reach $59-95 million per month within five years of adult-use legalization
  • The current medical cannabis market generates about $5.3 million in monthly sales, serving roughly 30,000 patients

by hawaii adult use cannabis legalization is 1 billion opportunity

Feb 2, 2026
Michigan Cannabis Retailers Strengthen Security in Response to Unprecedented Break-In Surge

Michigan Cannabis Retailers Strengthen Security in Response to Unprecedented Break-In Surge

Michigan cannabis retailers have implemented stricter security measures after a spike in break-ins driven by the resale of stolen products, impacting the state's $3.

  • Michigan cannabis shops face a record surge in break-ins targeting product resale
  • At least 75 robberies were reported in southeast Michigan between January 2024 and early 2025

by Michigan cannabis shops tighten security amid surge in break-ins

Jan 28, 2026
Arizona Trump Republicans Support Repeal of Adult-Use Cannabis Sales, Backed by National Anti-Legalization Effort

Arizona Trump Republicans Support Repeal of Adult-Use Cannabis Sales, Backed by National Anti-Legalization Effort

Arizona Trump-aligned Republicans have endorsed a campaign to repeal adult-use cannabis sales, setting the stage for a ballot battle that could upend the state's $1.2 billion legal market

  • Arizona Republicans Andy Biggs and Paul Gosar support a measure to repeal adult-use marijuana sales
  • The proposed Arizona repeal is funded by Smart Approaches to Marijuana (SAM), a national anti-legalization group
  • Arizona's legal cannabis market generated $1.2 billion in sales in 2024, with adult-use sales beginning in 2021

by Trump Republicans backing Arizona marijuana adult-use sales repeal

Jan 22, 2026
Thailand Moves to Recriminalize Cannabis as Industry Faces Political and Public Pushback

Thailand Moves to Recriminalize Cannabis as Industry Faces Political and Public Pushback

Thailand's $1 billion cannabis industry faces possible collapse as political parties and public opinion drive the country toward recriminalizing cannabis following a period of rapid, largely unregulated growth

  • Thailand decriminalized cannabis in 2022, spurring the growth of an estimated 18,000 cannabis sellers
  • All major political parties in the February 8 elections have pledged to reinstate cannabis restrictions or recriminalize the drug
  • Recent polls indicate most Thais support a return to criminalization due to concerns about market saturation and youth access

by Thailand poised to recriminalize cannabis as boom sparks backlash – and boredom

Jan 22, 2026
Joe Bayern Unveils 'Day 2' Cannabis Strategy Prioritizing Brands Over Cultivation

Joe Bayern Unveils 'Day 2' Cannabis Strategy Prioritizing Brands Over Cultivation

Joe Bayern is leading MM Brands with a strategy that focuses on building cannabis brands and leveraging science, rather than expanding cultivation operations, amid shifting federal regulations

  • Joe Bayern leads MM Brands with a brand-focused, asset-light cannabis strategy
  • His vision emphasizes scientific research and functional products over THC potency

by Joe Bayern’s ‘Day 2’ cannabis strategy: Build brands, not canopies

Jan 21, 2026
Connecticut Faces Loss of Its Last Medical-Only Cannabis Dispensary Amid Regulatory Stalemate

Connecticut Faces Loss of Its Last Medical-Only Cannabis Dispensary Amid Regulatory Stalemate

Bluepoint Wellness, Connecticut’s last medical-only cannabis dispensary, may close or relocate after local zoning denials, signaling a shift toward hybrid cannabis retail statewide

  • Bluepoint Wellness faces closure or relocation due to Westport’s ban on recreational cannabis sales
  • Connecticut’s medical-only dispensary model may disappear as hybrid stores dominate the market
  • Medical cannabis patient numbers and sales have sharply declined since adult-use legalization

by Connecticut’s only medical marijuana dispensary may close

Jan 16, 2026
Florida Voter Support for Adult-Use Cannabis Legalization Drops Amid Political Opposition

Florida Voter Support for Adult-Use Cannabis Legalization Drops Amid Political Opposition

Support for adult-use cannabis legalization in Florida has dropped below the required threshold, as state officials intensify efforts to block the measure from the 2026 ballot

  • A recent poll showed only 51% of Floridians support adult-use cannabis legalization, below the 60% needed
  • Governor Ron DeSantis' administration is actively working to prevent the measure from reaching the 2026 ballot

by Florida adult-use marijuana legalization support dips amid DeSantis’ ‘political war’

Jan 15, 2026
Georgia Lawmakers Face Mounting Pressure to Broaden Medical Cannabis Access by 2026

Georgia Lawmakers Face Mounting Pressure to Broaden Medical Cannabis Access by 2026

Georgia lawmakers are under increasing pressure to expand the state's low-THC medical cannabis program in 2026 as stagnating patient growth and a looming federal hemp THC ban push advocates to demand

  • Georgia's medical cannabis program currently allows only low-THC oil and has seen stagnant patient growth
  • Senate Bill 220, which would legalize vaporizable flower and raise THC limits, remains under consideration after stalling last session

by Georgia under pressure to expand low-THC medical cannabis in 2026

Jan 13, 2026
Massachusetts Ballot Initiative to Recriminalize Cannabis Moves Forward Despite Fraud Allegations

Massachusetts Ballot Initiative to Recriminalize Cannabis Moves Forward Despite Fraud Allegations

A campaign to end Massachusetts' $1.65 billion adult-use cannabis market is advancing to the November ballot despite fraud allegations, with state officials confirming enough signatures for the

  • The Coalition for a Healthy Massachusetts is advancing a ballot initiative to end adult-use cannabis sales in Massachusetts
  • Fraud allegations were filed, claiming petition circulators misled voters about the initiative's purpose

by Despite fraud allegations, campaign to end $1.6 billion Massachusetts marijuana industry likely to proceed

Jan 13, 2026
Texas Proposes Stricter Hemp THC Regulations Threatening $5.5 Billion Market

Texas Proposes Stricter Hemp THC Regulations Threatening $5.5 Billion Market

Texas regulators have proposed new rules that could restrict popular hemp THC products and dramatically increase business fees, placing the state’s $5.

  • Texas DSHS proposed new regulations that would count THCA toward hemp THC limits, threatening many hemp-derived products
  • Annual licensing fees for manufacturers could rise from $250 to $25,000, and retail fees from $150 to $20,000 per location
  • The rules mandate stricter packaging, expanded testing, and recall procedures for hemp products sold in Texas

by Proposed Texas hemp THC regulations threaten $5.5 billion market

Jan 9, 2026
Major U.S. Banks Maintain Cannabis Ban Despite Trump’s Marijuana Rescheduling Order

Major U.S. Banks Maintain Cannabis Ban Despite Trump’s Marijuana Rescheduling Order

Major U.S. banks continue to deny services to the cannabis industry despite President Trump’s marijuana rescheduling order, citing regulatory uncertainty and incomplete legislative protections

  • U.S. banks remain unwilling to serve the cannabis industry despite a federal rescheduling order
  • Formal reclassification of marijuana as a Schedule 3 drug is still pending

by Big banks still refusing cannabis despite Trump marijuana rescheduling

Jan 7, 2026
Kentucky Medical Marijuana Market Faces Delays as Supply Shortages and Licensing Issues Persist

Kentucky Medical Marijuana Market Faces Delays as Supply Shortages and Licensing Issues Persist

Kentucky's medical marijuana rollout remains slow as supply shortages and licensing controversies limit patient access and delay the opening of new dispensaries

  • Kentucky's medical marijuana market is hampered by ongoing supply shortages and limited dispensary openings
  • The first dispensary, The Post, closed days after opening due to inventory depletion; The Speakeasy Dispensary is set to open with limited supply

by Supply woes still hampering Kentucky medical marijuana launch

Jan 6, 2026
Vireo Growth Acquires Eaze in $47 Million Deal, Expanding Cannabis Retail Footprint

Vireo Growth Acquires Eaze in $47 Million Deal, Expanding Cannabis Retail Footprint

Vireo Growth has acquired cannabis delivery giant Eaze for $47 million, expanding its retail and delivery presence across ten states and signaling a new wave of consolidation in the U.S. cannabis industry

  • Vireo Growth acquired Eaze for $47 million in an all-stock deal
  • The acquisition adds 65 retail locations and a delivery network with over 12 million orders
  • Eaze, once valued at nearly $700 million, becomes a wholly owned Vireo subsidiary

by Vireo Growth acquires former ‘Uber of Weed’ as cannabis M&A activity heats up

Dec 12, 2025
President Trump Considers Marijuana Rescheduling: A Potential Game-Changer for Cannabis Industry

President Trump Considers Marijuana Rescheduling: A Potential Game-Changer for Cannabis Industry

President Trump is reportedly considering reclassifying marijuana as a less dangerous drug, a move that could significantly impact the cannabis industry.

  • Trump considers reclassifying marijuana to Schedule 3
  • Potential policy shift could benefit $32 billion cannabis industry

by Report: President Trump close to marijuana rescheduling

Dec 11, 2025
Navigating Profitability in Cannabis Cultivation: Insights from Industry Experts

Navigating Profitability in Cannabis Cultivation: Insights from Industry Experts

Industry experts at MJBizCon emphasize the importance of disciplined practices and strategic vendor selection in achieving profitable cannabis cultivation

  • Cannabis cultivators face financial losses due to preventable errors
  • Vendor selection should be viewed as a financial strategy, not a personal obligation
  • Embracing modern agricultural practices can lead to better pricing and fewer operational issues

by The secrets behind a profitable cannabis cultivation operation

Dec 5, 2025
MJBowl Competition Celebrates Cannabis Craftsmanship Across Coasts

MJBowl Competition Celebrates Cannabis Craftsmanship Across Coasts

The inaugural MJBowl competition celebrated innovative cannabis products from California and New York, offering winners exposure and market advantages

  • MJBowl competition highlights cannabis innovation in California and New York
  • Winners receive travel credits, media opportunities, and product placements
  • Matthew Robbins of New Roots Gardens gains first-time exposure at MJBizCon
  • Jon Zaglin of Fire King celebrates recognition for Whitethorn Rose Hash Hole

by From rosin gummies to hash holes: Meet the winners of MJBowl

Dec 2, 2025
Cannabis Brands Urged to Embrace Cultural Competency for Authentic Community Engagement

Cannabis Brands Urged to Embrace Cultural Competency for Authentic Community Engagement

Cannabis brands are being urged to adopt cultural competency to authentically connect with diverse communities. Shawna Seldon McGregor shares insights on avoiding tokenism and fostering genuine engagement

  • Shawna Seldon McGregor emphasizes 'reading the room' for authentic community engagement
  • The MJBizCon panel will address moving beyond tokenism in cannabis marketing
  • Past marketing missteps highlight the need for genuine representation
  • Internal reflection and employee input are crucial for authentic branding

by How brands can achieve cultural competency and market to diverse communities

Dec 1, 2025
Navigating MJBizCon 2025: Key Sessions for Cannabis Industry Professionals

Navigating MJBizCon 2025: Key Sessions for Cannabis Industry Professionals

MJBizCon 2025 offers a robust lineup of sessions crucial for cannabis industry professionals seeking to gain insights and strategies for future success

  • MJBizCon 2025 features sessions on cultivation, finance, and marketing
  • Key sessions include 'Cultivating Success' and 'AI-Powered Cultivation.'

by What MJBizCon 2025 sessions should you attend?

Nov 20, 2025
New York Cannabis Giants Sue State Over Inadequate Regulation and Illicit Market Invasion

New York Cannabis Giants Sue State Over Inadequate Regulation and Illicit Market Invasion

Major cannabis operators in New York have filed a lawsuit against state regulators, claiming inadequate enforcement has allowed illicit products to flood the legal

  • NYMCIA sues New York State over inadequate cannabis regulation
  • Lawsuit highlights failure to implement track-and-trace systems
  • Illicit market products allegedly infiltrating legal stores
  • Regulators' actions criticized for threatening market integrity

by Big marijuana operators sue New York state to halt inversion, launch track and trace

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