LAS VEGAS--(BUSINESS WIRE)--MJBizCon, the largest B2B cannabis event in the world, kicked off at the Las Vegas Convention Center this morning. On the heels of the first hearing to reschedule marijuana, MJBizCon welcomed the cannabis industry to its 13th annual event.
“The potential for rescheduling and the prospect of SAFER Banking inspires us to look ahead with hope and determination,” shared Sarah Wilson, vice president of events & sales at MJBizCon. “We are excited to come together with renewed resilience to celebrate our achievements, learn from our experiences and lay the groundwork for success as we head into 2025.”
This year’s theme, “Fuel Your Fire,” is all about igniting passion and gaining the crucial insights needed to build strong partnerships that level up your cannabis business – all while sparking meaningful connections.
The annual “State of the Industry” session opened MJBizCon this morning, with the MJBizDaily editorial team offering year-end highlights:
- Rescheduling marijuana would free plant-touching companies from IRS Section 280E, which prohibits business deductions for companies dealing in controlled substances.
- Intoxicating hemp has been one of the highest growth areas in 2024 despite increasing state restrictions.
- Ohio opened an adult-use marijuana market, and Nebraska voters approved a medical marijuana market on Election Day.
- A handful of marijuana brands have made serious inroads to dominate multiple state markets in an industry where interstate commerce is not possible.
- Michigan has overtaken California, the largest regulated marijuana market in the world, in several key sales metrics.
- California has passed legislation to make consumption venues possible and successful.
Looking ahead to 2025, they added: rescheduling from Schedule 1 to Schedule 3 will happen; California, Delaware and Minnesota are poised to launch adult-use marijuana sales; and Kentucky will welcome a medical marijuana market.
Be sure to attend “Cannabis at a Crossroads: The DEA Hearings, Rescheduling, and the Path Forward with the Trump Administration,” an MJBizCon conference session featuring Aaron Smith of NCIA, David Culver of the U.S. Cannabis Council, Kelly Fair of Dentons and Bryan Lanza of Mercury. [Friday, December 6 at 12:30 pm]
CLICK HERE to view the full MJBizCon event schedule and conference agenda.
ABOUT MJBiz
MJBiz is the leading B2B resource for the cannabis industry. Founded in 2011, it is the most trusted publisher and event producer serving cannabis industry entrepreneurs and investors from around the globe. MJBiz produces MJBizCon, the longest-running and largest cannabis trade show in the world. The 2015-2019 events were each named to Trade Show Executive’s Fastest 50 list and ranks on the Gold 100 list of largest tradeshows in the U.S. MJBizCon 2025 will return to the Las Vegas Convention Center Dec. 2-5, 2025. The MJBiz team also produces news and analysis of the marijuana and hemp industries via MJBizDaily, Hemp Industry Daily, MJBizMagazine and the MJBiz Factbook. For more information about MJBizCon or MJBiz, please visit www.MJBizCon.com and www.MJBizDaily.com.
ABOUT EMERALD
Emerald’s talented and experienced team grows our customers’ businesses 365 days a year through connections, content, and commerce. We expand connections that drive new business opportunities, product discovery, and relationships with over 140 annual events, matchmaking, and lead-gen services. We create content to ensure that our customers are on the cutting edge of their industries and are continually developing their skills. And we power commerce through efficient year-round buying and selling. We do all this by seamlessly integrating in-person and digital platforms and channels. Emerald is immersed in the industries we serve and committed to supporting the communities in which we operate. As true partners, we create experiences that inspire, amaze, and deliver breakthrough results. Emerald acquired MJBiz in January 2022. For more information, please visit http://www.emeraldx.com/.