Dispensary/Retail Store Business News

Terra Tech sells Las Vegas retail cannabis shop for $6.2 million

One of the larger publicly traded marijuana companies in the United States announced the sale Thursday of one of its assets, a Nevada cannabis retail storefront, for $6.25 million. Terra Tech sold a 3,900-square-foot shop – located just north of the Las Vegas strip – to Exhale Brands Nevada, according to a news release. The facility […]

Read More

Week in Review: Good news for Michigan medical marijuana, Oklahoma market narrows & Maine veto override

The Michigan medical marijuana industry sees an expansion of qualifying conditions and new licenses, Oklahoma adopts emergency medical cannabis rules, and Maine’s MMJ market opens up in new ways. Here’s a closer look at some notable developments in the cannabis industry over the past week. Kick the can? The Michigan medical marijuana industry got a double […]

Read More

Hawaii dispensaries to allow reciprocity from any US medical cannabis cardholder

Changes to Hawaii’s medical marijuana laws will allow dispensaries to sell cannabis to registered MMJ cardholders from any U.S. state, a move that could significantly boost sales given the droves of tourists that visit the state annually. Beginning next year, visitors to the Aloha State registered with the medical cannabis program in their U.S. state […]

Read More

Connecticut retailers, growers at odds on how to serve growing medical cannabis demand

Connecticut’s medical marijuana growers and retailers are at loggerheads over the state’s plan to expand its MMJ program to meet growing consumer demand for products. The state has proposed adding up to 10 more dispensaries to serve Connecticut’s growing patient pool, an increase that would more than double the number of retailers. But some dispensary […]

Read More

Week in Review: Arizona’s defiant marijuana firms, California deadline & big cannabis investment in Iowa

Arizona cannabis companies defy a court decision banning the sale of extracts, California marijuana businesses deal with the state’s July 1 transition, and an emerging player in the MJ industry plans a large indoor grow in Iowa. Here’s a closer look at some notable developments in the cannabis industry over the past week. Business as […]

Read More

Some California marijuana companies hurting from July 1 transition

The changeover to selling only lab-tested cannabis products and those with proper packaging has created hard times for some California retailers in early July, with a lack of compliant marijuana leaving a good number of shelves empty. The owner of All About Wellness in Sacramento told TV station KCRA he’s down about 60%-75% “of what […]

Read More

ND begins first phase of accepting medical cannabis dispensary applications

North Dakota will begin accepting applications to open medical marijuana dispensaries in Bismarck and Fargo next week. The state health department said Monday the process will start July 10 as it rolls out a phased-in approach to licensing dispensaries in eight regions throughout the state. According to The Bismarck Tribune, the other regions where dispensaries […]

Read More