Provincial Preview: Ontario is Canada’s multibillion-dollar legal marijuana hub

Matt Lamers  | October 10, 2017

By Matt Lamers

One year ahead of adult-use legalization, Ontario has become the hub of Canada’s production, finance and ancillary cannabis industries.

Large licensed producers dominate the province's marijuana sector. Opportunities for entrepreneurs will be less widespread, but are expected to be available in ancillary businesses such as security, greenhouse supplies and accounting.

Canadian marijuana producers form co-op to sell rec products

Matt Lamers  | October 6, 2017

A dozen of Canada’s largest marijuana producers have come together to form the Canadian Cannabis Co-op and are offering to bankroll a “turn-key” retail network in Alberta to sell adult-use products alongside private retailers and government-run outlets.

The group, which unveiled its plans in a news release, hopes to extend the initiative to other …

Week in Review: New York’s black market, new Maryland cannabis licensees & Michigan cultivation rule

John Schroyer  | October 6, 2017

By Omar Sacirbey, Bart Schaneman and John Schroyer

Potential medical marijuana patients in New York are turning to the black market, Maryland awards eight more MMJ business licenses, and a new Michigan law could increase cannabis cultivators’ production.

Here’s a closer look at some notable developments in the marijuana industry over the past week. 

Alberta’s rec cannabis blueprint leaves door open to private retailers, MJ clubs and lounges

Matt Lamers  | October 5, 2017

By Matt Lamers

Alberta’s proposed framework to regulate marijuana leaves open the possibility private companies could sell adult-use products, a move that would be a boon for businesses wanting to participate in the province's retail sector.

The provincial government also signaled it is open to marijuana cafes and lounges, which would provide more opportunities for entrepreneurs.

Maryland grants medical marijuana licenses to eight businesses

Bart Schaneman  | October 4, 2017

Maryland regulators have given eight more medical marijuana companies the green light to begin operations, a positive sign for a program that’s been fraught with problems.

According to The Baltimore Sun, the state granted licenses to one cultivator/processor, three processors, two testing labs and two dispensaries:

  • Cultivation/processing: Kind Pharmaceuticals USA (Washington County)
  • Processing: Pharmaculture …

Out-of-state companies making a run for Ohio’s medical marijuana licenses

Bart Schaneman  | October 4, 2017

By Bart Schaneman

Out-of-state medical cannabis companies are jumping into the nascent Ohio market because the state lacks a residency requirement for business owners.

While a majority of the applicants are listed as Ohio-based companies, at least a dozen either have an out-of-state business address or are connected to companies based elsewhere.

Pennsylvania medical marijuana program on track, but legal issues loom

Bart Schaneman  | October 3, 2017

By Bart Schaneman

Pennsylvania’s developing medical marijuana market appears to be progressing on schedule.

Industry watchers expect seeds to be in the ground ahead of the Dec. 20 deadline, six months after 12 grower/processor licenses and 27 dispensary permits were issued. But a pair of legal issues could gum up the works.

Florida will delay awarding five new medical cannabis licenses

Omar Sacirbey  | October 2, 2017

Florida’s medical marijuana regulators will miss their deadline to award five more MMJ business licenses.

A statute passed in June required the state’s MMJ regulators to issue five new medical marijuana licenses by Aug. 3 and five more by Oct. 3.

The first five were awarded on time, but the others will …