Florida's rapidly expanding medical marijuana program just hit the 100,000 patient mark, potentially paving the way for state regulators to approve more MMJ businesses. After voters passed a ballot initiative in 2016 legalizing the sale of...
Bart Schaneman
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NCIA leader vows to move forward while ex-board members question group’s direction
The National Cannabis Industry Association and its executive director, Aaron Smith, are at a crossroads. The coming months could prove pivotal.
To be sure, NCIA has racked up many successes along the way and can now boast of having its highest membership total ever.
It posted record revenue last year, and the number of cannabis businesses joining Denver-based NCIA continues to grow.
But critics of Smith and NCIA – including a growing number of veteran industry leaders – say the organization needs fresh leadership and a new direction.
800-plus recreational marijuana operators seek priority licensing in MA
Massachusetts regulators are allowing would-be recreational cannabis businesses to submit applications for priority certification, and so far more than 800 firms have done so – a sign of strong demand for rec licenses.
Oregon marijuana oversupply driving out small farmers, lowering prices
Oregon cannabis farmers grew three times the amount of product consumers purchased last year, small cultivation operations are going out of business and dispensaries across the state are closing up shop or selling out. That's the scene that...
Cannex buys US marijuana firm Jetty Extracts for up to $30 million
Vancouver, Canada-based Cannex agreed to purchase California infused products company Jetty Extracts in a deal worth up to $30 million, becoming the latest marijuana-related acquisition in the United States with such a price tag.
Marijuana REIT, Vireo involved in $5.8 million property deal in Pennsylvania
Innovative Industrial Properties, a San Diego-based real estate investment trust (REIT) that deals with medical marijuana growers, acquired an 89,000-square-foot industrial space in Scranton, Pennsylvania, for $5.8 million as part of a sale-leaseback transaction....
Medical marijuana states experience wide spectrum of wholesale prices, supply
The wholesale price and supply situation for various state medical marijuana markets is a mixed bag, with different regulations, patient counts and product availability generating diverse situations.
Pennsylvania medical marijuana businesses may soon sell flower for vaping
Pennsylvania's medical cannabis board has recommended allowing the sale of flower for vaping. All that stands in the way of MMJ flower sales is a go-ahead from the state's secretary of health, according to Triblive.com. Adding flower to the...
Ohio medical marijuana businesses unlikely to meet opening deadline
Many of Ohio's medical cannabis dispensaries, product manufacturers and cultivation facilities will not be up and running by the Sept. 8 deadline mandated by state law, as state regulators seek to lower expectations for the MMJ program's rollout. [include_post...
New Mexico medical marijuana patient count swells amid supply squeeze
New Mexico’s medical cannabis patient count has topped the 50,000 mark, but limits on the number of plants a business can grow is putting a strain on supply and causing prices to rise.
Oregon county officials sue state over cannabis farms
Officials in an Oregon county who have tried to restrict commercial marijuana production sued the state in federal court, asserting state laws that made cannabis legal are pre-empted by federal law that criminalize MJ. The lawsuit, filed Tuesday in U.S. District...
Florida medical cannabis company sues state to remove dispensary limit
Trulieve, one of Florida's fastest-growing medical marijuana businesses, is suing the state to allow the company to launch more dispensaries. According to Florida Politics, Trulieve has lobbed a "constitutional challenge" at the Florida health department over how many...
