Dispensary/Retail Store Business News

Oregon marijuana retailers busted in underage-sales sting

Nearly 20% of state-licensed marijuana retailers in a recent undercover operation sold cannabis to underage buyers, according to Oregon authorities. The Oregon Liquor Control Commission told The Oregonian that 16 of 86 shops sold marijuana to people younger than 21 during decoy visits in December. The agency issued citations to the violating stores, which also […]

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Los Angeles issues first licenses for cannabis sales

A medical marijuana dispensary and recreational retail store in Los Angeles have received temporary licenses from the city to sell cannabis. Mother Nature’s Remedy Caregivers in Woodland Hills and WHTC in Studio City received L.A.s’ first MMJ and adult-use permits, LA Weekly reported. The two facilities now need approval only from state regulators to begin […]

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Provincial Preview: Quebec cannabis market isn’t the entrepreneurial wasteland you might think it is

Quebec’s nascent marijuana industry may be home to a disproportionately small number of licensed producers and off-limits to entrepreneurs in the retail sector, but that doesn’t mean the province lacks opportunity.

You just need to know where to look, particularly among cannabis-related ancillary businesses.

The province’s medical market, for one, has nowhere to go but up.

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North Dakota specifies where state’s medical marijuana dispensaries can open

North Dakota has established eight regions for medical cannabis dispensaries in an effort to ensure qualifying patients have easy access to MMJ. The regions center on the state’s largest cities – Fargo, Bismarck, Grand Forks, Minot, Devils Lake, Jamestown, Williston and Dickinson. However, the dispensaries that eventually are licensed can be located anywhere within a […]

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Canadian cannabis companies ink deals for nearly CA$1B in funding in 10 days

Capital is pouring into the Canadian marijuana sector faster than ever, as companies prepare for the country’s anticipated adult-use legalization this summer and bulk up for international expansion. Through the first 10 days of 2018, companies closed on a variety of funding deals or announced financing plans worth at least 978 million Canadian dollars ($780 […]

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Las Vegas pulls back on plans to allow public cannabis lounges

Las Vegas’ plans to allow public consumption of marijuana have been tabled “indefinitely” after Attorney General Jeff Sessions last week rescinded federal protections for states with recreational cannabis laws. Officials for the city and Clark County, where Las Vegas is situated, had delayed further talks about public consumption from September until the new year. The […]

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Canadian marijuana producers have bankrolled more than enough capacity to meet rec demand

If a recreational marijuana shortage materializes in Canada come 2019 – as most industry observers predict – don’t blame Health Canada, which more than doubled the number of production licenses it granted in 2017.

Instead, look to regional supply imbalances – possibly in provinces that opt to sell adult-use cannabis through government-run retail outlets – and producers who fail to live up to their cultivation targets.

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Saskatchewan gives cannabis rec sales and wholesale to private sector

Saskatchewan’s adult-use marijuana will be sold in private brick-and-mortar stores and online, the government announced, giving entrepreneurs in the cannabis space more opportunities when sales begin this summer. Saskatchewan is the last Canadian province to announce plans for marijuana sales. However, major decisions on home cultivation, taxation, a minimum age for cannabis consumption and public-use […]

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Canadian cannabis companies with US operations must disclose risks

An exchange in Canada dominated by marijuana stocks has asked listed companies with U.S. operations to publicly detail any risks they face after Attorney General Jeff Sessions’ decision to scrap protections for state-legal cannabis businesses. Richard Carleton, chief executive officer of the Canadian Securities Exchange, told Marijuana Business Daily that the exchange contacted all CSE-listed companies with […]

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Michigan agencies increase medical marijuana enforcement

Law-enforcement agencies across Michigan are using excess state revenue from medical marijuana patient and caregiver fees to boost enforcement efforts as the state prepares to license dispensaries and cannabis businesses in certain communities under a new regulatory system. Michigan’s 2008 medical marijuana law allows patients and caregivers to grow a limited amount of the plant. […]

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Oklahoma voters to consider medical marijuana in June

Oklahoma’s governor set a June 26 date for voters to weigh in on whether to approve medical marijuana for the state. The Hill reported that Gov. Mary Fallin announced the date Thursday, just hours after Attorney General Jeff Sessions released his decision to rescind an Obama-era policy that allowed MMJ to thrive in states nationwide. The June […]

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First Pennsylvania medical marijuana dispensary gets green light to begin sales

Pennsylvania regulators have given their first approval for a dispensary to begin providing medical marijuana once product becomes available from a licensed grower. The Keystone Canna Remedies dispensary in Bethlehem received the health department’s authorization Thursday, a major milestone for Pennsylvania’s nascent MMJ program. Regulators last week approved eight of 12 licensed companies to begin […]

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