Dispensary/Retail Store Business News

Supply issues loom as Maryland preps for imminent medical marijuana sales

Some Maryland medical marijuana dispensary owners expect to begin sales as soon as Friday. But concerns over supply have several owners planning to ration the amount they can sell. Sales will start as soon as cultivators and processors can supply the medical cannabis. At least a few dispensaries are telling patients to expect deliveries by […]

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British Columbia towns, retailers prepping for recreational marijuana launch

British Columbia won’t unveil its marijuana retail model until February, but that isn’t stopping municipalities from developing licensing policies in their jurisdictions, according to Business in Vancouver. Vancouver is already home to more than 120 medical marijuana dispensaries – about one-third of which have been licensed by the city – while the provincial capital, Victoria, […]

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Canadian cannabis company to pay $1.6M for California dispensary

A Canadian marijuana company has entered into an agreement to buy a privately owned medical cannabis dispensary in California for $1.6 million (CA$2 million), the latest sign that interest in American MJ assets is slowly picking up in Canada. British Columbia-based Marapharm put down a cash deposit of $160,000 for Green Leaf Wellness in Desert Hot […]

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Maryland awards more medical marijuana licenses as sales near

With medical marijuana sales expected to begin anytime, Maryland’s MMJ commission has awarded more licenses for businesses around the state. Licensed medical cannabis dispensaries have until Dec. 15 to open, and industry watchers have estimated 20-30 could be up and running by the new year. According to the most recent information obtained from the commission, […]

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Alberta’s plan to allow marijuana use in hotels could create huge industry

Alberta is set to become the first province in Canada to give hotel owners the option of allowing recreational marijuana consumption in guest rooms, creating a potentially huge new cannabis tourism sector. It’s also the first time a province has sought to regulate a safe place to legally consume adult-use marijuana outside the confines of […]

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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 license private businesses to sell marijuana

(Update: Yukon’s cannabis legislation will allow for private retail through a licensing regime.)  Recreational marijuana will be sold to anyone 19 or older at privately-owned stores under Yukon’s detailed proposal announced Nov. 20. Consumption will be limited to private residences. Hotel use will not be permitted, nor will lounges, but the territory says there is potential to allow […]

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New US 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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