The Clark County Commission in Nevada postponed deliberations on cannabis consumption lounges, saying it will let the state take the lead on the issue. Despite the county's decision, Las Vegas, which is located in Clark County, plans to...
Joey Pena
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Ohio medical marijuana sales top $330,000 in first weeks
Medical cannabis patients in Ohio have spent more than $333,000 on 46 pounds of cannabis since sales kicked off at four dispensaries Jan. 16, the Dayton Daily News reported. The sales figures were provided by the state's Medical Marijuana Control Program, which...
CA credit union reveals that it’s been banking cannabis businesses for a year
A California credit union said it has been providing banking services to licensed marijuana businesses for roughly a year.
Maine seeks new consultant to draft adult-use marijuana program’s rules
Maine released a request for proposals this week that said it’s again looking for a consultant to help put a regulatory structure in place for the state’s long-delayed, adult-use cannabis marketplace.
Cannabis firm Slang lists on Canadian exchange after buying Organa Brands
Unlike many of its predecessors, Slang Worldwide (CSE: SLNG) saw a relatively stable first day on the Canadian Securities Exchange, opening at 2 Canadian dollars ($1.51) and closing at CA$1.99.
California lawmakers propose cannabis tax cuts to curb the state’s black market
In an effort to jump-start California's sluggish legal marijuana marketplace, a group of Democratic state lawmakers proposed a bill that would for the next three years eliminate the state's $148-per-pound cultivation tax on farmers and reduce...
Maine’s recreational cannabis timeline in flux after consulting firm let go
Maine's timeline for launching sales of adult-use marijuana is uncertain now that the state has withdrawn from a contract with Botec Analysis, a Los Angeles consulting firm hired to help craft the program's rules. The renewed uncertainty poses...
Medical cannabis business sues New Mexico over $1.5M in tax payments
Ultra Health, a vertically integrated medical marijuana operator in New Mexico, is suing the state Taxation and Revenue Department to obtain a refund of more than $1.5 million in gross-receipts taxes the company says it shouldn't be forced to pay because it provides...
Compliance costs, lost market share could take toll on cannabis edibles firms under new Washington state rules
A Washington state marijuana trade association is warning regulators that new packaging, labeling and product design rules for cannabis-infused edibles and beverages might decimate edibles manufacturers' bottom line. According to experts, the cost for some businesses...
On first day of OH medical marijuana sales, some dispensaries cap purchases
Wednesday marked the first day of medical marijuana sales in Ohio, with retailers reporting brisk transactions. Only four dispensaries were reported open in the state, a market that is projected to generate as much as $400 million in annual sales over time, according...
California marijuana company plans $200 million campus in New York
Ahead of New York's anticipated legalization of recreational cannabis, San Diego-based Flora California Prime is laying the groundwork to build a $200 million, 1.25 million-square-foot cannabis cultivation, manufacturing and distribution...
MA marijuana regulators seek to end towns’ excessive demands on MJ firms
The Massachusetts Cannabis Control Commission is asking the state Legislature for more authority to halt excessive financial agreements between marijuana businesses and the municipalities in which they operate. Marijuana firms in the state pay...
