Marijuana Business Daily

Republican lawmakers will get chance to prove whether GOP is good for cannabis

Published

1 month ago

November 7, 2024

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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 billion U.S. legal marijuana industry is about to find out.

Three decisive defeats for adult-use legalization on Election Day mean reform efforts are likely to shift away from individual states and toward Washington, D.C., where Democratic lawmakers have traditionally been more consistent backers of marijuana bills.

There, advocates will have to present a newly united front if they hope to win over conservative lawmakers.

“This is not the

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Massachusetts regulators unveil plans for marijuana consumption spaces, licensing

Published

3 days ago

December 10, 2024

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Massachusetts regulators are crafting rules and regulations for marijuana consumption spaces and plan to complete the process by mid-2025.

The state’s Cannabis Control Commission (CCC) recently unveiled several potential business enterprises, including Amsterdam-style cafes, tasting rooms and marijuana-friendly special events, according to Boston TV station WHDH.

The proposals are expected to be released next week and then go through an informal comment period for a full month when businesses, advocates and others will have an opportunity to weigh in.

The CCC then will update regulations to reflect the commentary and ultimately hold a public hearing, followed by a formal public comment period, the Boston Herald reported.

Under the proposals, the three license types include:

A supplemental social consumption license to allow

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Canadian cannabis operator Organigram acquires Motif Labs’ house of brands

Published

1 week ago

December 6, 2024

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Organigram Holdings – a Canadian cannabis licensed producer with operations in Moncton, New Brunswick, Lac-Supérior, Quebec, and Winnipeg, Manitoba – acquired Motif Labs for 90 million Canadian dollars ($63.6 million), according to a news release.

Motif Labs, based in Aylmer, Ontario, produces cannabis concentrates, extracts, topicals and vapes.

The company’s Boxhot line of cannabis vape products is Canada’s No. 1-selling brand in the vape category for 2024, according to Seattle-based cannabis data firm Headset.

Other Motif brands include Boondocks, Debunk, Floe State and Rizzlers.

Organigram paid CA$50 million ($35.3 million) in cash and CA$40 million in Organigram shares to acquire 100% of the issued and outstanding shares of Motif Labs.

Motif Labs shareholders could

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Best of MJBiz Awards include Hall of Fame inductee Nancy Whiteman

Published

1 week ago

December 6, 2024

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MJBiz on Friday inducted the newest member to its Hall of Fame and honored three companies during the Best of MJBiz Awards ceremony at The Hub section of the exhibit floor at the Las Vegas Convention Center.

Nancy Whiteman, founder of Boulder, Colorado-based infused edibles manufacturer Wana Brands, is the third member of the MJBiz Hall of Fame, an honor introduced at MJBizCon 2019 and revived this year during MJBizCon Week.

“I have to laugh because I’m considered to be one of the really old-timers in the industry with 14 years,” she said while accepting the award.

Whiteman made one of the most successful exits in the history of the regulated cannabis industry.

In 2021, Canada’s Canopy Grown Corp. purchased an option to

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