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Washington state offers up cannabis traceability ‘workaround’ in wake of software release problems

Problems with the software release for the Washington state cannabis traceability system persist, as state regulators on Thursday announced a workaround for marijuana business-to-business transfers. The state’s response comes after a problematic software rollout that cost businesses significant losses was said to be fixed on Wednesday. The Washington State Liquor and Cannabis Board (LCB) issued […]

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Deal Watch: Big players are behind marijuana M&A deals

Last week wasn’t the busiest for completed M&A deals in the cannabis industry, but some notable transactions were concluded – including one involving a well-established multistate operator (MSO) and another a relatively new but fast-emerging player on the scene.

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Oklahoma medical cannabis businesses prepare for ‘necessary’ rules that will up compliance costs

Oklahoma medical marijuana companies are on the verge of facing new regulations that will increase compliance costs. Expanded costs are expected in a wide range of operations, including: Seed-to-sale tracking and package labeling. Product testing. Waste management. The regulations require MMJ businesses to have installed inventory tracking systems by late August and devote more resources […]

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California government report finds regulators are unable to fully oversee the state’s marijuana market

A new audit by California’s Department of Finance found regulators have a long way to go before they have a solid handle on the state’s cannabis industry. The report concluded – despite having established a “structural foundation” for managing the legal marijuana industry – the California Bureau of Cannabis Control (BCC)’s “current status and location […]

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Chart: Most wholesale cultivators competing on marijuana quality

Many wholesale cannabis growers choose to compete on quality, even while market forces favor growers who can reliably supply low-cost cannabis. Nearly half of U.S. cultivators are attempting to make high-quality flower their key differentiator, according to the recently released 2019 Marijuana Business Factbook. But with flower sales on the decline, the market likely will […]

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Week in Review: CannTrust’s cannabis regulatory woes, Florida MMJ caps, push for Congress’ support of STATES Act & more

CannTrust is zapped by Health Canada for unlicensed cannabis cultivation, Florida’s medical marijuana license caps and vertical integration regulations are ruled unconstitutional, marijuana advocates urge a U.S. Congressional panel to support states-rights marijuana legislation – plus more of the week’s top marijuana business headlines. Bad week for Canadian marijuana grower Ontario company CannTrust was hit […]

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