The first recreational marijuana store in Boston could be open for business by March. The store, Pure Oasis, also would be the first adult-use marijuana store in Massachusetts to be owned under the state’s social equity program, the Boston...
John Rebchook
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Oregon marijuana firm Cura hit with record fine as sale closing nears
Cura Cannabis, one of Oregon’s largest marijuana companies, agreed to pay a record $110,000 penalty to the state.
Missouri medical marijuana firms face hiring snafu
Medical cannabis companies in Missouri could be prevented from hiring employees because state regulators might not be able to access a national fingerprint database. The FBI said it will not allow the Missouri Department of Health and Senior...
Detroit bans adult-use cannabis sales through March 31
The Detroit City Council voted to extend a temporary ban on recreational marijuana sales through March 31 as the city grapples with implementing a social equity program and a burgeoning illicit market. The extension allows "additional...
Utah’s first medical marijuana stores set to open
Utah's new medical marijuana program will launch on schedule, state health officials said, with one or two dispensaries opening in the first week of March. The dispensaries' opening coincides with the issuance of cards that will allow patients...
Arizona medical cannabis sales increase 36%
Medical marijuana stores in Arizona sold 165,722 pounds of product in 2019, a 35.9% increase from the 121,916 pounds sold in 2018, state statistics show. Meanwhile, 219,817 people were registered in the state's medical marijuana program last...
Louisiana medical marijuana grower to sell CBD products
Ilera Holistic Healthcare, a medical marijuana grower in Louisiana, plans to sell CBD products nationwide. A contractor for Baton Rouge-based Southern University, Ilera will also sell the over-the-counter CBD products at all but one medical marijuana dispensary in...
New Mexico adult-use cannabis bill moves forward
Recreational marijuana businesses would be legal in all municipalities and counties in New Mexico under a Democrat-backed bill that has been narrowly approved by a Senate committee. The Senate Public Affairs Committee voted 4-3 on the measure, which also would...
MJBizDaily acquires Emerald Conference to boost science reach
Marijuana Business Daily announced Wednesday that it has purchased the Emerald Conference, a science-focused convention and trade show for the cannabis industry, from Emerald Scientific. Terms of the acquisition weren’t disclosed. The deal underscores the growing...
Marijuana information firm Leafly lays off 54
Leafly, the online marijuana strain and dispensary guide, on Tuesday announced it had laid off 54 employees, or 18% of its workforce, becoming the latest MJ-related business to shed employees. The layoffs cut across all departments, a...
Cannabis-focused mutual fund, ETF to close
The Evolve Funds Group, a Canadian fund manager with more than 630 million Canadian dollars ($478 million) under management, on Tuesday said it will shutter a small, poorly performing cannabis mutual fund and an even smaller exchange-traded fund (ETF) that also invests solely in marijuana companies.
Massachusetts urges revamp of scrutinized municipal marijuana pacts
Accords between Massachusetts municipalities and marijuana businesses, known as host community agreements (HCA), would be solely reviewed and regulated by the state’s Cannabis Control Commission under a redrafted bill.
