Special Series: New Markets

New Market: Ohio medical cannabis program set to be big, but license rules could curb growth

Bart Schaneman  | February 16, 2017

By Bart Schaneman

Ohio’s medical cannabis program is expected to be large, generating upwards of $400 million in annual dispensary sales.

But possibly stringent regulations governing the number of dispensary licenses could limit patient access and curb the industry's growth potential, industry officials said.

New Market: Maine’s tourism industry a potential boon for rec MJ businesses

Bart Schaneman  | January 26, 2017

By Bart Schaneman

Buoyed by the state's reputation as an East Coast tourist mecca with a dramatic coastline, the recreational marijuana market in Maine should generate plenty of opportunities for cannabis businesses - provided delays don't hamper the industry's rollout.

New Market: California awaits regulations before unleashing huge industry

Bart Schaneman  | January 12, 2017

By Bart Schaneman

California’s recreational marijuana market has the potential to dwarf all others as long as workable statewide regulations are ironed out, municipalities allow adult use and legal businesses can supplant the state’s thriving black market.

New Market: Florida’s big MMJ program could be limited by lack of licenses

Bart Schaneman  | December 21, 2016

By Bart Schaneman

Florida’s new medical marijuana market is poised to become one of the largest in the nation, yet a limited number of available MMJ business licenses could hinder the program's growth.

Seventy-one percent of Florida voters last month approved Amendment 2 to legalize a much broader MMJ program in the nation's fourth most populous state.

New Market: Montana’s MMJ industry rising from the ashes, awaiting major changes

Bart Schaneman  | December 15, 2016

By Bart Schaneman

The campaign to revive Montana's medical marijuana industry has succeeded, but state lawmakers still need to write the many rules that will govern a market that must be rebuilt.

Last month, some 58% of Montanans approved a ballot initiative to set up commercial MMJ cultivation operations and dispensaries.

New Market: Smooth rollout expected for Arkansas MMJ industry

Bart Schaneman  | December 7, 2016

By Bart Schaneman

The Arkansas medical marijuana industry is expected to experience a smooth launch and will likely serve a small, but not tiny, market.

After a previous legalization measure failed narrowly in 2012, voters in the Bible Belt state passed an initiative on Nov. 8 to allow the use, cultivation and sale of medical cannabis.