Dispensary/Retail Store Business News

Week in Review: Judge tosses NM medical cannabis plant cap, Sessions fired & MA adult-use sales expected to start soon

A New Mexico judge strikes down the state’s cap on the number of plants medical marijuana producers can grow, Attorney General Jeff Sessions is fired, and a top cannabis regulator in Massachusetts says adult-use sales are expected to begin soon in the Bay State. Here’s a closer look at some notable developments in the marijuana industry […]

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Ontario Cannabis Store sticks to ‘Plan A’ despite lengthy delays

A contingency plan developed by the Ontario Cannabis Store (OCS) to cope with a rotating strike by its exclusive shipper has not been put into action, leading to lengthy shipping delays and thousands of customer complaints. The OCS previously said its contingency plan was “ready in the event orders cannot be fulfilled due to the […]

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US cannabis retailer Green Growth Brands inks CA$30.5 million raise

Ohio-based marijuana retailer Green Growth Brands raised 30.5 million Canadian dollars ($23.2 million) in a private placement ahead of the firm’s planned trading debut in Canada later this month. The raise follows a CA$85 million private placement inked in September and brings Green Growth’s total raises to more than CA$140 million. The firm plans to use the […]

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Medical cannabis cardholders, growers dropping off in Oregon

Medical marijuana patients and growers across Oregon are abandoning the state’s MMJ program, according to reports. Licensed medical marijuana companies are increasingly up against a combination of legislative red tape and a different kind of market force: the convenience of recreational retail sales. The number of patients registered with the Oregon Medical Marijuana Program (OMMP) […]

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Ontario to accept cannabis retail applications in December; here’s how to prepare

Canada’s largest recreational cannabis market will start accepting applications in December for prospective retail outlets to open next spring. Experts foresee a frenzy of applications out of the gate, as analysts say a fully private cannabis sector in Ontario could support at least 1,000 outlets. For comparison, Saskatchewan saw 1,500 submissions for just 51 licenses. […]

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Retail cannabis license hopefuls line up before vote in rural Oregon

Would-be recreational marijuana retailers are lining up outside municipal planning offices in Ontario, Oregon, to nab retail licenses should voters repeal a ban on cannabis sales within city limits. The City Council recently voted to impose a 1,000-foot buffer on adult-use marijuana stores, which means there will be space for only about 15 establishments if […]

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Ontario Cannabis Store shifts blame for product delays to ‘mislabeling’ by licensed producers

The president of the largest marijuana retailer in Canada – the Ontario Cannabis Store – is blaming excessive shipping delays on licensed MJ producers for mislabeling some of their products. Some customers who ordered recreational cannabis on the first day of legalization – Oct. 17 – have yet to receive their products, despite expected shipping […]

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After ‘arduous’ process, B.C. licenses first private-sector marijuana store

British Columbia awarded its first license for a privately owned recreational cannabis store, roughly two weeks after adult-use marijuana was legalized in Canada, while neighboring Alberta has licensed 49 locations. The new store – Tamarack Cannabis Boutique – is in Kimberley, roughly 870 kilometers (541 miles) east of Vancouver. Owner Tamara Duggan said she expects […]

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MedMen pens $33 million deal to expand its reach in Arizona cannabis market

Los Angeles-based MedMen inked a $33 million deal to acquire an Arizona-based vertically integrated marijuana firm. The cash and stock deal will give MedMen a controlling interest in cannabis cultivator, producer and retailer Kannaboost Technology and CSI Solutions – referred to collectively as Level Up. Here are the basics behind the deal: MedMen expands its […]

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