By Omar Sacirbey New Jersey’s medical marijuana program continues to overcome obstacles and has been growing more rapidly than anticipated, an encouraging sign for cannabis entrepreneurs. Patient growth is accelerating, and recent developments could fuel the...
Massachusetts health regulators proposed changes to the state's medical marijuana program on Wednesday designed to boost patient numbers and make it easier for patients to compare dispensary prices. The proposals include allowing nurse practitioners to certify...
Maine could become the first state on the East Coast where medical marijuana is grown to standards like those for certified organic foods. A new program to create an organic certification system for MMJ in Maine could be rolled out by next summer. If so, the market...
A Denver-based cannabis infrastructure and logistics firm has raised $4 million of a targeted $7 million to build its second greenhouse as well as an extraction facility and warehouse in southern Colorado, in Pueblo County. GrowCo already operates one greenhouse at...
A mainstream investment bank predicts in a new report the U.S. cannabis industry may balloon to $50 billion over the next decade, more than eight times its current size and reflecting federal legalization of marijuana and a shrinkage of the black market. The report...
Two of Canada’s biggest banks - Scotiabank and the Royal Bank of Canada – say they aren’t providing accounts to plant-touching or ancillary marijuana businesses, forcing some owners to find new financial institutions that will take their money. Nathan MacLellan, the...
A publicly traded pharmaceutical firm in Arizona that is developing both opiate and cannabis-based medicines is also the largest contributor to opponents of the campaign to legalize recreational marijuana in the state. Insys Therapeutics, based in Chandler, donated...
Maryland’s Medical Cannabis Commission aims to devise a plan to increase the diversity of medical marijuana license winners, a move that could further delay the launch of a program already months behind its original schedule. "Nothing is off the table," Commission...
Canada’s cannabis industry is poised for a period of increased mergers and acquisitions, according to financial market observers in the country. M&A activity has already accelerated, Jacob Cawker, an attorney with Norton Rose Fulbright in Toronto, said in an...
The Alaska Marijuana Control Board is meeting today and tomorrow to approve what will be the first licenses for recreational marijuana retailers and manufacturing facilities in the state. According to the board’s agenda, nearly 20 retail stores are listed for review,...
An outspoken opponent of legalized cannabis, New Jersey Gov. Chris Christie is coming under pressure to sign legislation that would add post-traumatic stress disorder to the list of qualifying conditions for the state's medical marijuana program. The inclusion of PTSD...
Minnesota’s struggling medical marijuana market could be poised for dramatic improvement thanks to a surge in new chronic pain patients, who have become the second-largest group of enrollees in the state after becoming eligible for the program on Aug. 1. According to...
