2019 is shaping up to be a good year for New Mexico’s medical marijuana market, with action favorable to the industry expected from judges, legislators and a newly elected pro-cannabis governor. Developments to watch include: A judge’s ruling in November will allow companies to grow more cannabis than the previous limit of 450 plants per business, […]
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Americans eye Canada’s cannabis edibles market, but wary of costly regulations
U.S. marijuana companies are keeping a close eye on the development of Canada’s edibles sector, but executives say the regulations proposed by Health Canada will be burdensome for manufacturers – and ultimately make them less competitive with the illicit market. Canada’s health department unveiled its proposed rules for edible cannabis and infused beverages, extracts and topicals […]
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Chart: Arizona’s medical marijuana market grows toward maturity
Patient growth in Arizona’s vast medical cannabis industry shows signs of slowing as the market matures. From January 2018 to November 2018, Arizona added more than 27,000 new patients, boosting patient counts 17% to above 183,000. While this helps the state maintain its status as one of the nation’s largest medical marijuana markets, Arizona is […]
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Week in Review: NY gov wants adult use, PA/NJ boost medical marijuana business opportunities & Ohio regulators get a bailout
New York’s governor wants the state to legalize recreational cannabis ASAP, Pennsylvania and New Jersey take steps to boost medical marijuana business opportunities, and Ohio MMJ regulators get a $2.1 million bailout. Here’s a closer look at some notable developments in the marijuana industry this week. NY and the “adult-use revolution” New York Gov. Andrew […]
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As Trump inks hemp legalization, new law portends major changes for cannabis industry
President Donald Trump signed hemp legalization into law Thursday, a change that’s expected to unleash seismic market changes for the entire cannabis industry.
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Tactics used by California cannabis businesses as they transition to new testing requirements
In January, California’s licensed marijuana cultivators and concentrates and infused product manufacturers will be required to test all harvested cannabis and marijuana products under the new so-called Phase 3 rules, which are detailed in this related story. These are the latest in the state’s cannabis compliance testing and are already causing some marijuana businesses concern. […]
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California marijuana industry braces for ‘another enormous burden’ from next phase of testing costs
A new round of regulations in California will cause laboratory testing fees to increase more than 40%-55% for some of the state’s licensed cannabis cultivators as well as makers of concentrates and infused products, according to industry experts. The so-called Phase 3 rules take effect Dec. 31. They require all harvested cannabis and marijuana products […]
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Budweiser maker AB InBev teams with Tilray in $100 million deal to research marijuana-infused drinks
Two commercial giants from the worlds of beer and marijuana are teaming up to spend $100 million to research cannabis-infused beverages, the latest deal to pair a Canadian cannabis company with a major maker of alcoholic beverages. Belgium-based AB InBev (NYSE: BUD), which includes Budweiser in its huge portfolio of beer brands, is partnering with […]
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November/December Issue
Growing Ambition. Companies leverage capital, partnerships and diversification to expand beyond state lines.Read the Issue