Rhode Island began allowing the state’s three medical marijuana dispensaries to sell cannabis to out-of-state MMJ patients this month. But it’s “far too early” to assess what impact sales to out-of-state-residents will have on Rhode Island’s cannabis supply or retail receipts, Chris Reilly, a spokesman for the Thomas C. Slater Compassion Center in Providence, told Marijuana […]Read More
International cannabis firm Scythian Biosciences is poised to enter Florida’s medical cannabis market with an acquisition valued at more than 135 million Canadian dollars.Read More
Oregon regulators cited seven cannabis businesses for a variety of infractions, such as failing to comply with the state traceability system and neglecting to keep proper surveillance records. According to Oregon Cannabis Connection, the Oregon Liquor Control Commission (OLCC) imposed penalties on the following businesses: Lunchbox Alchemy will pay a $1,485 fine or have its recreational marijuana […]Read More
Maryland’s medical cannabis sales are heading toward $100 million in their first year, so in an effort to help keep up with demand, the state approved licenses for eight new MMJ dispensaries this week. That will bring the number of retailers in Maryland to 65 – more than half the 102 retail outlets expected to open, The Baltimore […]Read More
A week after it was reported that Ontario froze leasing efforts for its monopoly cannabis retail chain, Canada’s largest province appears to be on the verge of handing adult-use marijuana sales entirely to the private sector. The news, first reported by Cannabis Compliance Vice President Deepak Anand and then in The Globe and Mail, would reverse the […]Read More
San Diego’s district attorney agrees to drop felony charges against a marijuana attorney, Vermont cracks down on “gifting” adult-use MJ, and Sweet Leaf wins a temporary reprieve from destroying $7.5 million worth of cannabis.
Here’s a closer look at some notable developments in the cannabis industry over the past week.Read More
The Arkansas Medical Marijuana Commission voted to give a consulting group the power to evaluate applications and award 32 dispensary licenses for MMJ. The commission decided by a 3-2 vote Wednesday that a consulting group – comprising a five-member panel – could review and score hundreds of dispensary applications. Commissioner Travis Story strongly opposed the […]Read More
A vape cartridge manufacturer issued the first cannabis product recall in California’s new regulated marijuana market. The Bloom Brand announced on its website the company and its manufacturer-distributor, Greenfield Organix 4th St., voluntarily recalled four products sold between July 1 and July 19. The recall covers nearly 100 retailers across the Golden State. No other states were affected. “Batch Number […]Read More
Alberta-based 51st Parallel, an affiliate of Denver-based LivWell Enlightened Health, announced a series of transactions Monday that will result in the creation of LivWell International, the companies said in a news release, setting up both for global expansion.Read More
A key member of Ontario Premier Doug Ford’s inner circle thinks the new premier could make a decision cannabis sales in Canada’s largest market within weeks.Read More
California’s booming CBD industry is in disarray after the state’s health department reaffirmed earlier this month that CBD cannot be added to food, even if it comes from hemp.Read More
It can take months for a marijuana business to gain licensing approval from regulators.
The biggest problem facing a company in such a situation is it usually must have the location nailed down before filing an application.
But paying rent on space before having a license in hand can cost a lot of money, unless steps are taken early in the process to minimize costs.Read More
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