Nearly 1,000 individual cannabis businesses have been sent cease-and-desist letters or emails by California regulators during an ongoing enforcement process, a first step in a long effort to ensure the state’s industry is fully regulated and operating like those in more mature markets. According to a list obtained by Marijuana Business Daily, as of April 4, […]Read More
With adult-use sales still at least a year out in Maine, the gray market for cannabis is burgeoning – largely at the expense of the state’s regulated medical marijuana industry. Sales of MMJ through Maine’s eight licensed dispensaries fell by over $2 million in 2017 – a 9% decline – on the back of an […]Read More
Canadian licensed producers are exporting a record amount of medical cannabis in their drive to establish toeholds in burgeoning overseas markets.
Shipments of dried medical marijuana have soared since 2015, according to data shared with Marijuana Business Daily by Health Canada.
Just over 522 kilograms of dried cannabis was exported to four countries last year, more than 10 times the 44.8 kilograms shipped abroad in 2016.Read More
Rising acceptance for hemp and CBD – combined with easing regulations at the state level – caused U.S. hemp production to surge in 2017. From 2016 to 2017, the number of acres licensed for hemp cultivation in the top 10 hemp-growing states grew by 140% – while the number of hemp producers doubled over the same […]Read More
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
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