Dispensary/Retail Store Business News

News on MMJ Dispensaries & Retail Stores

New rules would have major impact on most Canadian cannabis businesses

A new set of regulatory proposals has been released by Health Canada that would have wide-ranging implications for most businesses in Canada’s marijuana industry — and even many stuck in the gray market. The regulations would facilitate the coming into force of the Cannabis Act – which is still subject to parliamentary approval – and […]

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Yukon plans to sell cannabis at government-run stores (for now)

Recreational marijuana will be sold at government-run stores to anyone 19 or older under Yukon’s detailed proposal, meaning there will be no retail opportunities for private businesses there in the near-term. The territory says it aims to develop regulations to license private cannabis retail down the road, though it didn’t specify a timeline. Consumption will […]

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New U.S. medical marijuana markets – one year later

If it was a big year for recreational marijuana in 2016, then it was a huge one for medical marijuana.

Voters or state legislatures in 11 states – Arkansas, California, Florida, Hawaii, Louisiana, Maryland, Montana, North Dakota, Ohio, Pennsylvania and West Virginia – approved or advanced medical cannabis measures.

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Almost 400 apply for Ohio’s medical marijuana dispensary licenses

Ohio regulators are sorting through 370 applications for business licenses to open medical cannabis dispensaries. Now that the deadline for applications has passed, the state’s Board of Pharmacy must begin the task of finding the best candidates, the Toledo Blade reported. Here’s what you need to know: Ohio planned to award up to 60 dispensary licenses […]

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Saskatchewan could open up cannabis sales to entrepreneurs

Saskatchewan doesn’t want to be in the business of owning retail marijuana outlets, according to its justice minister, suggesting more opportunities could be in store for entrepreneurs in the province. Justice Minister Don Morgan said Saskatchewan is leaning toward a private sales model, CBC News reported. Saskatchewan’s impending recreational marijuana industry could generate 250 million […]

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Oakland sorting through 255 marijuana business applications

Marijuana regulators in Oakland, California, have received 255 business license applications for cannabis cultivation, sales, distribution and transportation, another indicator of the huge interest the Golden State’s impending market is generating. California’s new regulated market goes online Jan. 1 in the cities and counties that allow it. Oakland has long been a proponent of regulated […]

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Marijuana Business Daily’s annual cannabis industry survey underway

Marijuana Business Daily has launched its annual survey of executives and major investors in the cannabis space, which will help the company provide key market, financial and operational data for businesses and entrepreneurs. Executives with dispensaries/retail stores, commercial cultivation operations, infused product manufacturers, testing labs and ancillary firms as well as investors that fund cannabis […]

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Newfoundland considers handing cannabis sales to private sector

Newfoundland and Labrador might allow privately owned stores to sell recreational marijuana, a move that would open up significant retail opportunities for entrepreneurs in the province. If the plan is approved, Newfoundland would become the first province east of Manitoba to give entrepreneurs a piece of the retail marijuana market. The Newfoundland and Labrador Liquor […]

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Rhode Island dispensary owner fears Massachusetts’ recreational cannabis

At least one of Rhode Island’s three medical cannabis dispensary chiefs is afraid the launch of the Massachusetts recreational market will be the death of his business. Seth Bock – the CEO of Greenleaf Compassionate Care Center in Portsmouth – told a Rhode Island legislative committee that unless officials make changes to the MMJ program, […]

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Cannabis industry expected to turn out in record numbers for MJBizCon

An industry record-breaking crowd of 17,000 is expected to attend the three-day MJBizCon that kicked off Wednesday morning in Las Vegas. The conference, now in its sixth year, features 112 speakers and 678 exhibitors packed into over 100,000 net square feet of floor space at the Las Vegas Convention Center.

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Florida MMJ businesses can only watch as 50K try to join lagging program

More than 50,000 patients have attempted to register for medical cannabis ID cards in Florida, but it appears many are being forced to wait months before receiving those cards. According to WFLA, a total of 50,284 patients have submitted registration forms, but only 29,778 cards have been issued so far. And a number of patients […]

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Michigan capital to start medical cannabis licensing Nov. 16

Michigan’s capital city of Lansing will open a 30-day window to apply for a license to run a medical marijuana dispensary on Nov. 16. The Lansing clerk’s office said 20 applicants will be conditionally approved to open for business after the Dec. 15 deadline. However, the winners won’t be given licenses until they receive approval […]

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