Dispensary/Retail Store Business News

Iowa licenses three retailers for upcoming low-THC marijuana sales

Iowa announced three medical marijuana retailers that will be allowed to sell low-THC cannabis, including the only company currently allowed to cultivate the plant. Two of the three companies plan to open a pair of dispensary locations, according to the Des Moines Register. The winning retailers and their dispensary locations: MedPharm Iowa, with locations in […]

Read More

Louisiana medical cannabis advocates worry about viability of state’s program

As the launch of Louisiana’s medical marijuana program approaches – sales may begin as soon as September – some stakeholders are beginning to raise concerns about whether private companies that have dispensing licenses are going to be able to survive financially. At the top of the list of those concerned is state Sen. Fred Mills, […]

Read More

Alaska recreational cannabis supply on the upswing, wholesale marijuana still fetching high prices

Alaska’s recreational cannabis market is slowly maturing. Supply is catching up to demand, but wholesale and retail prices remain some of the highest in the nation among adult-use marijuana markets. According to several business owners in the state, prices for a wholesale pound of cannabis flower in the Last Frontier range from $2,800 to $5,000 […]

Read More

Week in Review: MedMen-Cronos alliance, California MJ business licensing & Arkansas’ MMJ woes

MedMen strikes up a cannabis partnership with Canada’s Cronos Group, California’s Humboldt County considers reopening its licensing process, and a judge tells Arkansas to stop issuing medical marijuana licenses. Here’s a closer look at some notable developments in the marijuana industry over the past week. Brave new world? Multistate cannabis giant MedMen’s collaboration with a […]

Read More

Michigan rejects first medical marijuana business license applicants

No medical marijuana businesses received approval Thursday in Michigan’s first review of applications. According to the Detroit Free Press, an applicant for a dispensary license and an applicant for a delivery permit were temporarily rejected by the state’s Medical Licensing Board. Here’s what you need to know: The two companies applied for preapproval at the […]

Read More

Pennsylvania to add medical cannabis business licenses in Phase 2 rollout

One of the hottest new U.S. medical marijuana markets just opened up to more businesses. Pennsylvania’s Department of Health announced Thursday it will begin accepting new applications for dispensaries and growers on April 5 and will award 13 new cultivation permits and 23 new dispensary licenses, Triblive.com reported. The move may seem like a windfall […]

Read More

Massachusetts’ recreational marijuana market offers opportunities, pitfalls aplenty

Massachusetts’ looming recreational marijuana market has the potential to be one of the most prosperous in the nation.

Under rules finalized this month, cannabis entrepreneurs face no license caps for an assortment of business categories, edibles and many other goods are permitted, and there are opportunities to build a brand.

But applicants seeking to set up shop when the Bay State’s adult-use industry opens this summer will face a gauntlet of requirements that have already derailed scores of aspiring medical marijuana businesses.

Read More

Feds revoke cannabis business owner’s airport security clearance

An established cannabis attorney in Southern California recently lost his preferred airport security clearance for being a marijuana business owner. According to The Orange County Register, Aaron Herzberg was traveling from Los Angeles to Sacramento when the U.S. Customs and Border Protection agency informed him he could no longer participate in the Department of Homeland Security’s Global […]

Read More

Arkansas judge tosses medical marijuana growing licensing process

An Arkansas judge on Wednesday struck down the state’s decision to issue its first licenses to grow medical marijuana, ruling that the process for awarding the permits and the rankings of applicants were unconstitutional. Pulaski County Circuit Judge Wendell Griffen granted a preliminary injunction preventing the state Medical Marijuana Commission from awarding cultivation licenses. Griffen […]

Read More

Canada’s marijuana packaging rules blasted as ‘unscientific,’ ‘fearmongering’

A day after Canada released detailed packaging requirements for recreational cannabis, executives and analysts warned that the rules are so restrictive that the government is risking a “policy fail.” The new regulations, in many ways, are more restrictive than the packaging rules for tobacco, a disappointment for marijuana companies that had been lobbying for rules that […]

Read More

MedReleaf signs deal to supply medical marijuana to German distributor

A top Canadian medical cannabis producer signed a deal to become the largest supplier of medical marijuana products to a pharmaceutical distributor in Germany. MedReleaf, based in Markham, Ontario, and listed as LEAF on the Toronto Stock Exchange, expects shipments to Cannamedical Pharma GMBH to commence in the coming weeks, according to a news release from the company. […]

Read More