At first blush, it may seem as if the California Supreme Court’s ruling on a medical marijuana case would prove a big deal for the state’s cannabis industry. But that’s not really the case, according to one California cannabis attorney who’s also an expert in state environmental law, on which the ruling is centered. In […]
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Impact of California high court medical cannabis ruling unclear for state’s businesses
San Diego failed to adequately analyze the potential environmental impacts of its medical marijuana dispensary law, the California Supreme Court ruled in a decision that might limit the discretion of local governments across the state when approving cannabis stores. The ruling came after San Diego declared its 2014 cannabis law didn’t require any environmental analysis. […]
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FBI investigating possible corruption in US cannabis industry
The FBI is looking into potential corruption in the burgeoning U.S. marijuana industry – particularly in Western markets – and is seeking tips to investigate. “As an increasing number of states change their marijuana legislation, the FBI is seeing a public corruption threat emerge in the expanding cannabis industry,” FBI spokeswoman Mollie Halpern said on […]
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Harvest agrees to halt quest for two medical cannabis licenses in Pennsylvania
Harvest Health & Recreation, an Arizona-based multistate cannabis company, reached an agreement with Pennsylvania regulators to drop two permits for affiliated medical marijuana companies it was pursuing in the state. Harvest no longer will pursue permits for Harvest of Northwest PA and Harvest of North Central PA. The company also will not operate the two facilities […]
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First recreational marijuana store opens off Massachusetts mainland
A recreational cannabis store opened on Nantucket Island, the first to open off the Massachusetts mainland as the young market continues expanding. The Green Lady Dispensary opened Sunday on an appointment-only basis after receiving approval to operate from the state’s Cannabis Control Commission. Massachusetts voters legalized recreational MJ in 2016, but marijuana businesses faced additional […]
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What medical cannabis firms might learn from Harvest’s compliance conundrums
Harvest Health & Recreation is in high-stakes clashes with medical marijuana regulators in Pennsylvania and Ohio, and the disputes could potentially offer other MMJ firms cautionary lessons around the necessity to maintain extremely pristine regulatory compliance in state-legal markets. At stake for Harvest are more than a dozen dispensary, processing and cultivation licenses in the […]
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Second Florida medical cannabis company gets OK to exceed dispensary cap
Florida regulators are allowing a second medical marijuana company, Atlanta-based Surterra Wellness, to exceed the statutory cap of 35 dispensaries per company. State health officials will allow the company to open six more medical marijuana dispensaries after Surterra sued in response to a health department ruling allowing competing MMJ company Trulieve to exceed the limit, […]
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Week in Review: Louisiana medical marijuana kickoff, Dixie-Arizona Iced Tea team, NM reciprocity & more
Sales begin in the long-delayed Louisiana medical marijuana market, MJ-infused product brand Dixie signs a licensing deal with Arizona Iced Tea’s parent, a New Mexico judge’s ruling could open MMJ sales to out-of-state patients – and more of the week’s top cannabis business news. MMJ sales begin down on the bayou After years of waiting, […]
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Long-delayed Louisiana medical marijuana sales begin; small market projected
Louisiana launched medical cannabis sales after years of waiting, but market growth is expected to prove constrained because of bans on smokable flower and vaporizers, high prices and various regulations.
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Louisiana dispensaries expecting medical marijuana next week; sales start unclear
Medical marijuana is expected to start reaching select dispensaries in Louisiana on Tuesday, after the state agriculture department completed final testing and cleared the products for release. Agriculture Commissioner Mike Strain announced that GB Sciences, one of two state-sanctioned growers, can begin shipping the product to Louisiana’s nine licensed dispensaries. John Davis, GB Sciences Louisiana […]
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Antitrust issues weigh on US cannabis stocks, but is it enough to unravel deals?
The U.S. cannabis industry has seen billions of dollars of acquisitions in recent months, attracting scrutiny from federal trustbusters examining whether planned purchases could quash competition in the emerging marijuana industry. The U.S. Department of Justice’s review of the deals – including those involving Chicago-based Cresco Labs (CSE: CL; OTC: CRLBF) and Arizona-based Harvest Health & Recreation (CSE: HARV; OTC: […]
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Cresco rebranding marijuana dispensaries to Sunnyside, with wellness focus
Chicago-based Cresco Labs will rebrand its medical cannabis dispensaries under the name Sunnyside, a move designed to put personal wellness at the center of its sales pitch. The marketing move, announced Monday by the vertically integrated multistate cannabis operator, also comes in advance of the 2020 launch of a recreational marijuana market in Cresco’s home state […]
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