Marijuana Cultivation News

New Jersey will need 100 cannabis growers if adult use is legalized, regulators say

If New Jersey legalizes recreational marijuana, a move that’s been discussed for months and has a new deadline, roughly 100 new cannabis cultivators would be needed, according to an estimate from state officials. That’s in addition to the 35 or so growers needed to supply the expected expansion of the medical cannabis program. According to […]

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Oregon lawmakers reject plan to restrict recreational cannabis supply

The Oregon Senate shot down a plan to limit the state’s supply of legal, adult-use marijuana, which would have benefited cannabis companies with an established foothold in the state. The proposal was a response to a rampant oversupply of marijuana that’s caused prices in the state to plummet. The measure would have allowed the state […]

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Chart: Low prices, lack of investment stifle cannabis growing capacity in Washington state

Many of Washington state’s recreational cannabis cultivators are using half or less of their licensed canopy, driven in part by low wholesale prices and a dearth of available capital investment, according to a report conducted by the state’s regulators. Over the course of a year, the Washington State Liquor and Cannabis Board (LCB) surveyed 1,155 […]

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Pennsylvania’s medical marijuana patient count tops 100,000

Nearly 102,000 patients in Pennsylvania have received certifications from approved physicians to purchase medical marijuana, good news for the bottom line of the state’s fledgling MMJ businesses. The climb in the patient count has led to 780,000 transactions at Pennsylvania’s licensed dispensaries, according to Gov. Tom Wolf’s office. More patients are awaiting certifications, too, which […]

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Georgia poised to lift cultivation ban for limited medical cannabis program

Georgia lawmakers want to open the state to commercial medical marijuana cultivation, passing a bill that would offer fresh business opportunities in the Peach State’s limited MMJ program. The measure awaits the signature of Gov. Brian Kemp, who has indicated he supports offering in-state medical marijuana cultivation, according to The Atlanta Journal-Constitution. Georgia launched a limited MMJ program […]

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NJ forecasts need for up to 90 more medical marijuana dispensaries by 2022

New Jersey needs to add 50 to 90 medical cannabis dispensaries in the next three years and more cultivation facilities to keep pace with current market demand, according to a state report issued this week that holds out the possibility of additional MMJ business opportunities. The report, released by the New Jersey Department of Health, […]

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Despite ‘monopoly’ concerns, Rhode Island’s medical marijuana program on upswing

At first blush, Rhode Island’s tiny medical marijuana market looks like a disaster for cannabis entrepreneurs: The state’s MMJ program is dominated by three vertically integrated businesses, wholesale prices are falling, and the Ocean State’s 41 stand-alone growers must battle over a small customer pie. But Rhode Island medical cannabis officials are increasingly optimistic. They […]

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Expiring licenses, not oversupply, is California’s real ‘crisis,’ industry insiders say

Media coverage of a recent report by a California-based cannabis distribution company has caused rampant confusion and hindered lobbying efforts to accelerate the process for making permanent a wave of temporary grow licenses that will soon expire in the state. The report that San Francisco-based Vessel Logistics disseminated March 18 claimed overproduction by California cultivators […]

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Curio Wellness drops medical marijuana licensing suit against Maryland

Curio Wellness dropped its lawsuit to block Maryland regulators from awarding new cannabis cultivation licenses that the state said were intended to increase diversity in the industry. The company had received impassioned public criticism after it filed the suit, according to The Baltimore Sun. Curio CEO Michael Bronfein said in a statement that the medical […]

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WV gov vetoes cannabis bill that would tax vertically integrated firms at lower rate

West Virginia Gov. Jim Justice vetoed a medical marijuana bill because he said it “favors wholly vertically integrated businesses” by taxing them at a lower rate than stand-alone cultivators, processors and retailers. Mike Pushkin, a Democratic delegate and sponsor of the bill, told The Register-Herald of Beckley that the governor’s veto “sets back the entire […]

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