Editor's note: Get up-to-date insights on state ballot initiatives and all things Election 2020 for cannabis at MJBizCon. We start with Election Week | November 2, 2020 & November 4, 2020. New York could potentially become one of the biggest marijuana markets...
A medical cannabis dispensary unionized in Washington DC, an industry first in the nation’s capital, as the marijuana labor movement maintains momentum.
The Montana Supreme Court quickly dismissed a last-minute lawsuit seeking to remove a recreational cannabis legalization initiative from the Nov. 3 ballot. The suit, filed by a group called Wrong for Montana, argued the taxation and regulation initiative violated the...
Virginia’s first medical cannabis dispensary opened Saturday morning in a limited market projected to reach only around $10 million in sales in 2021.
How much is a New Jersey medical marijuana license worth, with the potential of leveraging that into an adult-use permit in the near future? For New York-based marijuana multistate operator Acreage Holdings, it was worth paying $3 million in interest for four months....
Missouri’s medical cannabis market launched over the weekend, with a pair of retail outlets outside St. Louis seeing long patient lines in a state where MMJ sales could hit an estimated $650 million a year by 2024. The limited market launch is occurring two years...
Pennsylvania-based Intrinsic Capital Partners said it raised $102 million in a fund that will invest in science and technology businesses focused on the legal marijuana and hemp industries. “We believe this is . . . a rare opportunity to...
Agricultural giant Scotts Miracle-Gro is the largest contributor so far to efforts to legalize recreational marijuana in New Jersey, donating $800,000 of the nearly $1.3 million raised as of Oct. 2, according to state records. The donation reflects how mainstream...
Organized labor continues to make inroads into the cannabis industry with the United Food and Commercial Workers Union (UFCW) announcing the first agreement with a medical marijuana cultivator in Rhode Island. The contract between UFCW and Warwick-based Ocean State...
A New Mexico judge rescinded new state requirements that made it more difficult for certain out-of-state visitors to access the medical cannabis program through a reciprocity provision. Santa Fe District Judge Matthew Wilson, in a ruling Tuesday, agreed with Ultra...
Vermont’s new recreational cannabis program is projected to generate roughly $250 million in annual sales by the middle of the decade, but homegrown companies might find themselves pitted against larger out-of-state businesses.
A New York-based limited partnership said it has entered binding agreements to acquire 15 marijuana-related properties in nine states for $182.8 million with the intention of becoming a leader in the cannabis real estate investment trust (REIT) sector. Subversive Real...
