Hawaii’s medical marijuana patient count continued to climb through 2017, as the program expanded its list of qualifying conditions and allowed dispensaries to finally open their doors. The MMJ patient count jumped 33% in 2017, but that growth was relatively even throughout the year. Month-over-month growth averaged 2%, consistent with data from previous years. The […]Read More
More businesses have been denied medical cannabis cultivation licenses in British Columbia than in any other province in Canada, according to new data provided to Marijuana Business Daily by Health Canada. British Columbia accounted for 100 of the 268 applicants that have been turned down across the country. Ontario, which has the most producers and […]Read More
The number of applicants to cultivate medical cannabis in Canada has grown to a record number. But the number of “fully licensed” companies – those permitted to cultivate and sell dried cannabis, as well as produce and sell cannabis oils – remains very low. As of Feb. 1, the number of cultivation applicants in the […]Read More
Last year was historic for Uruguay’s marijuana industry, as the country ushered in an era of legal medical and recreational cannabis.
Adult-use, or what’s called “nonmedical,” sales started in July, and medical cannabis sales began in December.
Here’s a look at recent developments in Uruguay.Read More
New Mexico’s medical marijuana program continues to grow despite a lack of enthusiasm for medical cannabis among top state officials. From December 2016 to December 2017, nearly 18,000 new patients enrolled in New Mexico’s MMJ program – a 61% jump – marking the largest increase in patients over a single-year period since the program launched […]Read More
Nevada retailers sold nearly $200 million worth of recreational cannabis since adult-use sales began six months ago, surpassing the total revenue generated by Colorado and Washington state in the early months of their recreational markets.Read More
Investment activity in the cannabis industry has been increasing for several years, but 2018 is on pace to shatter previous records, as global financing in marijuana-related businesses topped $1.4 billion just six weeks into the New Year.Read More
The number of operating dispensaries in Massachusetts finally reached double digits in 2017, a milestone for a program that has taken steps to bolster patient counts and witnessed a substantial boost in MMJ sales.Read More
The number of banks and credit unions actively serving the marijuana industry has jumped nearly 30% from a year ago. But U.S. Attorney General Jeff Sessions’ decision to repeal the Cole Memo may prevent further involvement by banking institutions looking to work with cannabis-related businesses.Read More
Steady growth has characterized Arizona’s medical marijuana program over the past few years, and 2017 was no exception as the state reinforced its position as one of the nation’s largest MMJ markets.Read More
Illinois’ medical marijuana program grew at a solid, consistent pace throughout 2017, but the potential addition of intractable pain as a qualifying MMJ condition in the state could set the table for a breakout year in 2018. Illinois added 14,000 MMJ patients to its rolls over the course of 2017 – an 88% increase – […]Read More
Recreational marijuana sales in Colorado are continuing to grow, but at a slower pace – another sign that the nation’s oldest adult-use market is reaching maturity. Despite a couple of record-setting months in 2017 – when sales eclipsed $100 million – the sales gains for Colorado’s rec market have been shrinking over the past three […]Read More
- July 16, 2018
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