News by State

Proposed Florida MMJ rules would prevent new entrants

Bart Schaneman  | January 18, 2017

Maybe there won’t be many business opportunities in Florida’s new medical cannabis industry after all.

State health officials have proposed rules that would give the seven companies currently licensed under Florida’s CBD-focused program entire control of the larger medical marijuana market.

The draft regulations would, in effect, close off the state’s MMJ industry to new growers and …

Brazil allows sale of cannabis-based MS drug

Omar Sacirbey  | January 18, 2017

Brazil’s health care regulator, Anvisa, handed out the nation’s first license for the sale of a cannabis-based drug – one designed for the treatment of multiple sclerosis.

According to Reuters, U.K.-based GW Pharmaceuticals PLC developed the marijuana-based oral spray, which is known internationally as Sativex. It will be marketed in Brazil as Mevatyl.

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Two of Washington’s largest recreational marijuana chains on the selling block

John Schroyer  | January 17, 2017

By John Schroyer

Washington state’s two top-selling cannabis retailers are for sale.

Main Street Marijuana owner Ramsey Hamide and Uncle Ike’s owner Ian Eisenberg, who own three storefronts apiece, have united in an attempted joint sale of both companies, they told Marijuana Business Daily on Monday.

FL regulator gives patients, doctors OK to buy medical cannabis

Roger Fillion  | January 13, 2017

A top Florida cannabis regulator said people who qualify for medical marijuana can begin buying the drug within 90 days, months before the state even implements rules governing the new MMJ program.

The timing of the start of MMJ sales – and whether they could occur before the rollout of the medical cannabis regulations …