News by State

Florida medical marijuana industry rollout likely to be slow

John Schroyer  | December 2, 2016

Even though medical marijuana passed by a historic margin in Florida last month, that doesn’t mean state legislators are going to rush to implement the new law. Rather, it will likely be the opposite, with lawmakers dragging their feet.

A whopping six million voters supported legalizing MMJ at the ballot box, but establishing …

CA treasurer forms group to address federal banking rules

Bart Schaneman  | December 2, 2016

California’s state treasurer has assembled a group to address the problems caused by banks’ refusal to deal with marijuana businesses, following up on his state’s legalization of recreational cannabis in the Nov. 8 election.

State Treasurer John Chiang also sent a letter to President-elect Donald Trump and included members of California’s congressional delegation asking …

Maine cannabis pioneer embarking on new career path

Omar Sacirbey  | December 2, 2016

A marijuana industry pioneer is leaving her post at New England’s most prominent dispensary to pursue new opportunities in her home state of Maine and nationally.

A former Catholic high school teacher, Becky DeKeuster co-founded the Wellness Connection of Maine and helped the dispensary obtain four of eight medical licenses available in the state in …

Ireland may legalize medical marijuana

John Schroyer  | December 2, 2016

Yet another country is now seriously considering legalizing cannabis for medical purposes: Ireland.

The small island nation’s parliament now has a bill before it to legalize MMJ, and the minority government announced that it would not stand in the way of the measure, Reuters reported Thursday.

The nation’s health minister “accepted the central …

Week in Review: Lift for New York market, anti-MJ Trump choice & Canada rec development

John Schroyer  | December 2, 2016

By Omar Sacirbey, John Schroyer and Bart Schaneman

New York’s lagging medical cannabis trade receives some good news, Donald Trump picks another marijuana critic for his cabinet, and Canada considers giving MMJ companies a leg up in the recreational market.

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

Minnesota approves PTSD for medical cannabis program

John Schroyer  | December 1, 2016

Minnesota’s two medical marijuana producers will be getting a bigger patient base and more ways to deliver MMJ to patients under a new ruling released Thursday by the state’s health department.

Medical patients suffering from post-traumatic stress disorder will be able to start making MMJ purchases in August, and the two medical cannabis …

Testing, supply issues ‘could be death knell’ for Oregon MJ market

Omar Sacirbey  | December 1, 2016

By Omar Sacirbey

Strict marijuana testing standards and a dearth of labs have created a supply shortage for Oregon’s marijuana businesses, resulting in half-empty shelves, plunging revenue and possible layoffs. Many businesses are even closing.

Maine rec legalization recount to begin Monday

John Schroyer  | November 30, 2016

A formal recount of Maine’s election results on recreational cannabis legalization is set to begin Monday and is expected to take four to six weeks and cost the state up to half a million dollars.

Question 1, the formal name of the Maine rec initiative, was approved by less than a 1% margin of …

Report: Canada’s MJ legalization could be ‘game changer’

Omar Sacirbey  | November 29, 2016

By 2021, Canada’s legalized adult-use cannabis market could have some 3.8 million legal consumers and sales of 6 billion Canadian dollars ($4.5 billion), according to financial analysts at Canaccord Genuity, an investment bank and research firm.

“Recreational upside could be a game changer,” said a report released Monday by Canaccord analysts Matt Bottomley and …