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Marijuana industry debt crisis intensifies as lenders circle overleveraged operators

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As spurned lenders begin to encircle marijuana companies owing an estimated $3 billion in collective debt coming due soon, one overleveraged operator is resorting to what observers say are increasingly creative and desperate methods to protect assets from liquidation. That includes shutting down licensed locations and even moving a pre-roll machine from one location to another to elude creditors. Read story >

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Stop blaming Meta for failed cannabis marketing and get creative

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We continue to hear about cannabis brands facing shadow bans, censorship or flat-out deletion of their accounts on social media. It's time to stop blaming social media for failed marketing campaigns and look at creative ways to innovate and grow brand loyalty without trying to fight an uphill battle. Read story >

More Headlines

• US Supreme Court is the next stop for challenge to federal marijuana prohibition. Read story >
• Judge upholds Alaska's limitations on intoxicating hemp-derived THC products. Read story >
• Germany imports record quantity of medical cannabis in first quarter. Read story >
• Ohio ups recreational marijuana purchase quantities as lawmaker changes loom. Read story >

F A C T B O O K

Take the MJBiz Cannabis Business Survey!

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MJBizDaily is calling on cannabis business owners and professionals to share their expertise by participating in the MJBiz Factbook cannabis business survey. 

By participating in this short survey, you'll help shape valuable industry insights and benchmarks while ensuring the cannabis sector has access to key market, financial and operational data.

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