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More recreational cannabis cultivation production is coming online in New Mexico, and new retailers are establishing the connections they need to secure supply.
At the same time, some warn that production could soon outpace demand and the coming fall “Croptober” outdoor harvest could flood the market and depress prices.
Lawmakers in the small South American nation of Guyana passed an industrial hemp law that decriminalizes hemp cultivation and paves the way for a licensed industry.
A former executive of several marijuana businesses in California has been ousted and ordered by a judge to pay $2.4 million in fines for unlicensed cultivation.
California’s cannabis program is entering a new chapter.
In a last-minute push that ended in June, hundreds of California marijuana businesses were issued the final significant batch of provisional licenses the state will ever grant.
New York approved the first 15 conditional recreational cannabis processor licenses, which will allow companies to start making infused products such as vapes, oils and edibles and add variety to product lines retailers can offer.
Voters will decide whether to legalize commercial sales of adult-use marijuana in as many as five states during the November midterm elections, while medical cannabis could get on the ballot in Nebraska.
A recreational marijuana legalization referendum will be on the ballot in Maryland after state lawmakers voted in April to put the question before voters this fall.
Regulators in Alabama approved rules for the regulation and licensing of medical cannabis, the next step in beginning sales for the state’s businesses.
