Marijuana Cultivation News

Rhode Island budget proposal seen as setback to medical marijuana growers

Amid ongoing complaints that Rhode Island’s three medical cannabis  dispensaries control the market – making it difficult for stand-alone cultivators to succeed – the state’s lawmakers released a budget that would license six vertically integrated companies to cultivate, manufacture and retail cannabis products. Medical marijuana cultivators in the state see the proposed budget as creating […]

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Week in Review: MJBizConNEXT in New Orleans, OR preps for future interstate MJ potentials, NV cannabis board & more

The cannabis industry descends on New Orleans to explore emerging trends at MJBizConNEXT, Oregon lawmakers pass a bill that would empower it to make agreements with other states for the transfer of marijuana, Nevada creates a cannabis control board and says no to social use licensing for now – plus other important news from around the industry. […]

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Names of Utah medical cannabis grower applicants not public until mid-July

A July 1 medical marijuana license application deadline is looming in Utah, but the names of the businesses that might grow cannabis are still under wraps. Here is what you need to know: State officials leading the licensing process said this week they won’t release applicants’ names now but will likely make applicant information public […]

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Cannabis oil firm PharmaCielo to buy Australia’s Creso Pharma for roughly $85M

Toronto-headquartered PharmaCielo agreed to purchase Creso Pharma, an Australian-traded cannabis oil producer, for 122 million Australian dollars ($85 million). PharmaCielo is the parent of PharmaCielo Colombia Holdings, a producer of medical cannabis oils in Colombia. Creso Pharma is a medical cannabis company specializing in the research, development and production of therapeutic, nutraceutical and animal health products, […]

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Nevada is poised to create cannabis compliance board

Nevada legislators passed a bill to create a board that will oversee the state’s legal marijuana industry. The Cannabis Compliance Board will be tasked with establishing requirements for marijuana delivery services and studying MJ consumption lounges. Here’s what you need to know: The board would be barred from legalizing and licensing lounges. The bill prohibits a […]

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Oregon marijuana regulators could soon have the ability to deny new grow licenses

Oregon’s oversupply of cannabis has prompted lawmakers to attempt to give the Oregon Liquor Control Commission more leeway to deny new cultivation licenses based on supply and demand. A bill that passed the Senate and is now before the House would not only reduce the huge surplus but would prevent diversion of unsold legal marijuana into the […]

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New Jersey Senate votes to advance medical cannabis expansion bill

The New Jersey Senate voted 33-4 on Thursday to advance a bill that would boost medical marijuana sales and create new business opportunities in the state. Before the vote, the Senate amended Assembly Bill 10 to allow marijuana workers to join unions. Now, the measure will go back to the Assembly for a vote to […]

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Utah medical cannabis cultivation licenses may cost $100,000 a year

Becoming one of Utah’s 10 approved medical marijuana growers in the state’s new program won’t be cheap. The state plans to charge a $10,000 application fee and an additional $100,000 annual licensing fee for cultivators that are chosen, according to draft rules for Utah’s new medical marijuana program. State officials told the Salt Lake Tribune […]

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Smaller California marijuana farmers form co-ops to save on costs, compete with large growers

As corporate cultivation operations in California continue to expand, small cannabis growers in the Golden State are banding together to develop cooperatives in an attempt to gain a competitive edge against their large-scale rivals. Co-ops present pros and cons for smaller marijuana growers. But those who are making the move point to these factors: By […]

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