Marijuana Dispensary & Cannabis Store News

MedMen opens its first Florida medical cannabis dispensary

Multistate operator MedMen on Friday announced the opening of its first Florida medical marijuana dispensary, in West Palm Beach – the first of 12 such planned storefronts in the state. The California-based company said in a news release it’s also planning upcoming Florida dispensaries in Orlando and Key West. MedMen could eventually open as many […]

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Chart: Marijuana store density surpasses Starbucks & McDonald’s in many mature cannabis markets

As competition between cannabis retailers grows, so does the number of stores in mature markets, where the relative density of marijuana shops has surpassed that of Starbucks in many. The recently released Marijuana Business Factbook estimates that in Denver and Portland, Oregon, for example, marijuana retailers outnumber Starbucks by close to double, while in Anchorage, Alaska – […]

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Cannabis firm Acreage, Maine partner might sue over state residency requirements

The largest medical marijuana company in Maine threatened to sue the state if it doesn’t alter course on proposed residency requirements for recreational cannabis business permits. According to the Portland Press Herald, MMJ provider Wellness Connection has financial ties to New York-based multistate operator Acreage Holdings, and the recreational rules as currently written would prohibit […]

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New Mexico adds opioid use to medical marijuana conditions list

New Mexico health officials expanded the list of qualifying conditions for the state’s medical cannabis program, including opioid-use disorder, which could potentially mean expanded sales for MMJ businesses in the state. Other qualifying conditions that were added that could also boost business in the state include: Alzheimer’s disease Autism spectrum disorder Three degenerative neurological disorders […]

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Marijuana firm Planet 13 signals entry into CA with $10M dispensary purchase

Planet 13, the Nevada cannabis company that operates what it calls the world’s largest dispensary, is entering the California market with a $10 million acquisition of a dispensary license and lease in the Orange County town of Santa Ana. The company will pay Newtonian Principles a combination of $6 million in cash and $4 million […]

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Louisiana lawmakers approve bill allowing sale of medical marijuana inhalers

Louisiana’s medical marijuana dispensaries will be allowed to sell cannabis inhalers to patients under a bill headed to the governor’s desk. The added delivery method for patients should be a boost to retailers’ bottom line. Final passage came in an 82-0 House vote for the measure, which will let medical marijuana patients use an inhaler, […]

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Medicine Man agrees to acquire Colorado’s largest outdoor marijuana grower, manufacturer

Denver-based Medicine Man Technologies agreed to purchase Colorado’s largest outdoor cannabis grower as well as a local manufacturing and dispensary company, saying a new state investment law paved the way for the deals. Terms weren’t disclosed. Medicine Man – a vertically integrated cannabis company – is acquiring cannabis cultivator Los Sueños Farms and MesaPur, a dispensary […]

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Connecticut adds five medical cannabis conditions, will consider chronic pain

Medical marijuana companies in Connecticut likely will see a boost in business after the state expands its MMJ program with five new qualifying conditions. A board of physicians recommended the new conditions at the Department of Consumer Protection’s regular meeting Monday, and the agency’s commissioner promptly accepted them, according to the Hartford Business Journal. The new […]

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Nevada is poised to create cannabis compliance board

Nevada legislators passed a bill to create a board that will oversee the state’s legal marijuana industry. The Cannabis Compliance Board will be tasked with establishing requirements for marijuana delivery services and studying MJ consumption lounges. Here’s what you need to know: The board would be barred from legalizing and licensing lounges. The bill prohibits a […]

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Massachusetts regulators agree to take hard look at cannabis social use sites

In a move that could eventually open new marijuana business opportunities, the Massachusetts Cannabis Control Commission narrowly agreed with a working group’s recommendations that the state should further explore licensing social MJ consumption sites. The recommendations, approved 3-2 by the commission: Allow for a test of social consumption sites in 12 volunteer communities, including five that […]

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Oklahoma health regulators to begin inspecting medical cannabis businesses

The Oklahoma health department will begin inspecting manufacturers and dispensaries that produce or sell food and beverage products infused with CBD and medical marijuana. Those businesses are required to have food licenses and the grace period for getting them has passed, health officials told Oklahoma City TV station KFOR. To read more about the department’s […]

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