Dispensary/Retail Store Business News

Big shift in store for Los Angeles medical cannabis businesses

John Schroyer  | August 24, 2016

By John Schroyer

Significant changes are on the way for Los Angeles’ sprawling, largely unregulated medical marijuana industry.

City lawmakers are expected to place a measure on the local ballot next year to reform existing rules and create a new regulatory framework for the MMJ industry.

Oregon receives over 1,300 rec business applications

John Schroyer  | August 19, 2016

Interest in Oregon’s recreational marijuana industry is off the charts.

The state has received over 1,300 applications from companies that are hoping to obtain licenses to open recreational marijuana businesses.

To date, the Oregon Liquor Control Commission – which is overseeing the coming recreational marijuana industry in the northwestern state – has issued about 200 licenses, …

Week in Review: Big legal victory, nervous credit union & unrequited love in MA

Omar Sacirbey and John Schroyer  | August 19, 2016

By Omar Sacirbey and John Schroyer

The marijuana industry scores a big legal victory, a credit union in Alaska gets cold feet, and a Massachusetts city nixes a controversial business deal with a medical cannabis dispensary.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

New Mexico MMJ Producer, Caregiver Sue State

John Schroyer  | August 19, 2016

A licensed medical marijuana producer and a caregiver in New Mexico have sued the state over the mandated 450 plant limit, arguing it’s not enough to meet medical demand.

The lawsuit, filed in Santa Fe County Court by dispensary chain Ultra Health and caregiver Nichole Sena, argues the cap is causing direct harm …

AZ rec referendum triggers rush for medical marijuana licenses

Omar Sacirbey  | August 17, 2016

Arizona’s ballot measure to legalize recreational marijuana has triggered a deluge of applications for a limited number of state medical marijuana licenses that will be awarded in October.

Some 750 applications were submitted for the 31 available licenses, according to the Arizona Department of Health Services, which oversees the medical-marijuana program, AZCentral.com reported.

The …