Marijuana Dispensary & Cannabis Store News

Gallup survey: Most Americans support legal marijuana despite vape crisis

The vaping crisis hasn’t dimmed Americans’ support to legalize marijuana, according to a Gallup poll released Wednesday. Roughly 66% of those polled continue to support legalizing marijuana, based on Gallup’s annual crime survey, conducted earlier this month. Since late August, the nationwide vaping crisis has claimed 33 lives and made almost 1,500 people sick, according […]

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Seeking fairness for medical cannabis firms, RI gov sues over control of state’s industry

Rhode Island’s governor is asking a judge to declare the Legislature’s control over new medical marijuana and hemp regulations unconstitutional. Gov. Gina Raimondo said Tuesday she’s suing in Superior Court because the Democratic-controlled Legislature, in provisions of the state budget, violated the constitutional guarantee of separation of powers by giving itself the right to veto, […]

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Connecticut adds medical marijuana conditions

Connecticut lawmakers on Tuesday approved medical cannabis to treat an additional five conditions, which likely will boost MMJ sales in the state. The General Assembly’s Regulations Review Committee voted to add the conditions, including Tourette syndrome and intractable neuropathic pain. Legislators also approved medical marijuana as a treatment for patients younger than 18 with those same […]

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Georgia’s limited medical cannabis program stalled

Georgia’s 6-month-old limited medical marijuana program has failed to move forward because no one has been appointed to a commission that will oversee the new industry. Politicians contacted by the Atlanta Journal-Constitution gave no reason why no one has been appointed to the Georgia Access to Medical Cannabis Commission. More than 50 people have applied […]

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Maine requiring cannabis label for recreational products

Maine regulators adopted a symbol that will be required on marijuana products sold for recreational use, starting next year. The Maine Office of Marijuana Policy partnered with the Massachusetts Cannabis Control Commission to unveil a shared universal symbol for cannabis and marijuana products. The symbol, already in use in Massachusetts, features a red triangle with […]

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Massachusetts judge lets marijuana, tobacco vaping ban stand

A state judge allowed Massachusetts’ four-month ban on the sale of all vaping products to stand as a legal challenge makes its way through the courts. Suffolk Superior Court Judge Douglas Wilkins wrote in a 32-page decision on Monday that lifting the ban as requested by the vaping industry “would contravene the public interest.” Republican […]

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Cannabis firm Harborside owes $11 million under 280E, US Tax Court rules

After a lengthy legal fight with the Internal Revenue Service over the applicability of 280E business deductions to state-legal marijuana companies, Harborside on Monday got its final tax bill from the case: $11 million in back taxes from 2007 to 2012. The case dates to 2016, when Harborside, based in Oakland, California, took the IRS […]

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Marijuana firm Holistic Industries raises $55 million

Washington DC-based Holistic Industries, a multistate cannabis operator, closed $55 million in financing at a time when many other MJ firms are struggling to raise capital. Holistic Industries plans to use the $55 million to “accelerate expansion” and to better serve patients and consumers who use its cannabis products, the company said in a statement. […]

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Week in Review: Early freeze costs largest CO marijuana cultivator millions, Weedmaps lays off 100+, MJ licensing probes escalate & more

Colorado’s largest marijuana cultivator suffers an early freeze that is expected to trigger a supply disruption in the state, more than 100 Weedmaps employees receive pink slips, enforcement efforts intensify to root out corruption in local and state cannabis licensing – and more of the week’s top cannabis business news. Supply freeze Colorado’s largest cannabis […]

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California probes marijuana licenses of indicted man tied to Giuliani associates

The arrest of a Ukrainian-born businessman on charges of conspiring to violate federal campaign finance laws triggered a review of the California cannabis licenses he was granted. Lori Ajax, head of the California Bureau of Cannabis Control (BCC), told the Los Angeles Times the indictment of Andrey Kukushkin raises concerns. In the past year, according […]

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Buying cannabis licenses on secondary market more of a sure bet than applying for state business permits

As the marijuana industry matures and companies expand, many smaller, original growers and retailers are putting their licenses up for sale through the secondary market – much like selling a house. The growing trend is giving cannabis entrepreneurs a new avenue to secure a valuable business permit versus going through the state application process, which […]

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