Arkansas medical marijuana sales top $23 million in July
Arkansas medical marijuana retailers sold $23.3 million worth of MMJ products in July, up by more than a million dollars from June.
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Arkansas medical marijuana retailers sold $23.3 million worth of MMJ products in July, up by more than a million dollars from June.
Cannabis testing laboratories are partly to blame for the marijuana industry’s focus on delivering high-THC products to consumers, according to industry officials.
Canadian marijuana operator Auxly Cannabis Group sold an outdoor cultivation site in Hortonville, Nova Scotia, for proceeds of 4.1 million Canadian dollars ($3.2 million) – significantly less than what it invested in the facility.
Regulators in Northern California fined a marijuana grower more than $300,000 for failing to clean up runoff into a river.
Pure Sunfarms, the Canadian cannabis unit of U.S. and Canadian produce company Village Farms International, reported a net income of 2.5 million dollars ($1.8 million) for its second quarter.
Cannabis advocates filed a lawsuit asking the Arkansas Supreme Court to overturn a decision by the state’s election commission to keep a proposed constitutional amendment legalizing recreational marijuana off the November ballot.
Canadian cannabis cultivators produced a record amount of marijuana during last fall’s “croptober” – when most of the outdoor harvest comes in – despite falling retail prices and already-bulging inventories.