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Since Aurora Cannabis (NYSE:ACB) reported its impressive third-quarter earnings, it has been making all of the right moves. For the quarter, the company reported revenues of 78.4 million Canadian dollars. The revenues beat analysts’ expectations of 66.6 million Canadian dollars. The company’s management credited the launch of a value brand, Daily Special, in February 2020 and growth in Cannabis 2.0 sales for its impressive third-quarter sales.

Legalizing marijuana is extremely popular. So why won’t Joe Biden embrace the idea?

On June 24, US Department of Justice whistleblower John Elias testified that attorney general William Barr ordered investigations of 10 cannabis mergers in the 2019 fiscal year based on personal dislike of the industry. If that sounds like a lot, he said, it is. According to Elias’s testimony (pdf), those reviews accounted for 29% of the antitrust division’s full merger investigations during that period.

It might seem like common sense, but for many business owners, records retention is one of the first things to slide. This is a big mistake.

For the average Central Massachusetts consumer, it may not be immediately obvious the artisanally decorated cannabis retailer in their quiet mill town is owned by a multi-million dollar, multi-state company whose CEO lives on the other side of the country.

Legalization advocates in both Arizona and Nebraska have submitted what is likely enough signatures to qualify adult-use and medical programs, respectively, for their November ballots.

The petition signatures must now be verified by the office of each state’s Secretary of State, with confirmations expected in August.

Total U.S. sales could rise as high as $37 billion by 2023, Marijuana Business Daily data finds. Meanwhile, the coronavirus pandemic has thrown a huge curveball at projections.

Retail sales of medical and recreational cannabis in the United States are on pace to eclipse $15 billion by the end of 2020, an increase of approximately 40% over 2019 sales figures, according to exclusive projections from the 2020 edition of the Marijuana Business Factbook.

The issues surrounding legalized cannabis and data security create a multi-front battle that can be incredibly challenging from a legal and technological perspective.

No longer operating in the margins, the highly profitable, and highly regulated, legalized cannabis industry has ably, as well as nimbly, pushed its sales through to mainstream business. Total legal sales of cannabis in the U.S.

Colorado’s governor has signed legislation addressing social equity concerns in the cannabis industry — the new law allows for additional low-level cannabis possession pardons and sets aside business licenses for social equity applicants.

Los Angeles is revamping its rules for handing out licenses to cannabis businesses, amid anger and disappointment over the tumultuous rollout of a program meant to address the damage done by criminalizing marijuana.

The rules passed unanimously Wednesday by the Los Angeles City Council tighten the criteria for new applicants seeking to qualify for the “social equity” program, which is supposed to ensure that people from communities hit hardest by the war on drugs benefit from marijuana legalization.