The expansion game continues. Wana Brands, a Colorado-based edibles and extracts company, announced that it is planning to tap new markets via a partnership with Cannabics Pharmaceuticals, a Maryland-based company that develops timed-release capsules and...
Another Maryland county wants to leave the state’s medical marijuana program, and this one is willing to sue to get its way. The Calvert County board voted 4-1 this week to ask state lawmakers to give counties the option of banning marijuana dispensaries and growing...
By Omar Sacirbey If Massachusetts legalizes recreational cannabis next year as some expect, the state could become one of the biggest marijuana markets in the country. Bigger than Colorado and Washington State, even. Massachusetts' dense population and proximity to...
A former prosecutor and medical cannabis caregiver will be the inaugural head of Hawaii’s medical marijuana dispensary system. Margaret “Peggy” Leong served as Hawaii’s deputy attorney general from 1997 to 2007, according to Pacific Business News. Leong has provided...
Vancouver has selected eight dispensaries to advance to the next stage of the city’s licensing process, whittling down the list from the 11 that cleared the first round in October. City officials have mailed letters to neighbors of the dispensaries, giving them a...
By Omar Sacirbey Medical cannabis pioneer Lynnette Shaw is back in business - or, at least, trying to get back in business. In 2011, the federal government prohibited Shaw, who founded the first licensed medical cannabis dispensary in the country, from working in the...
After setting records in July and August, recreational and medical marijuana sales in Colorado have decreased for two consecutive months, a possible sign that the heady days of growth are coming to a close. Overall sales fell by nearly 16% in...
New York's five licensed medical marijuana companies say they will be ready to open dispensaries next month when the state’s MMJ program officially launches. The dispensaries might not have many customers to serve, however, as the state’s physician certification and...
A drug delivery and technology company has received approval from the U.S. Drug Enforcement Administration to import marijuana for research. Formally allowing a private company to import cannabis products, even if just for research purposes, is a big step that could...
Marijuana businesses could see expanded opportunities in Washington DC if local lawmakers allow a ban on smoking in businesses or public to expire. Opponents of the ban, which effectively means that marijuana can only be consumed at home, testified recently that the...
Marijuana entrepreneurs seeking cultivation licenses in Maryland have given the state’s industrial real estate market a lift over the past year. Many applicants have already secured warehouses for grow sites and others are flooding real estate agents with calls about...
Merrill Lynch is bullish on the medical marijuana business. In a 45-page report that explores the marijuana-related investment landscape, the investment management arm of Bank of America concludes that "medical cannabis has high potential," according to Philly.com....
