Dispensary/Retail Store Business News

California opens online system for temporary marijuana business licenses

California is taking applications to license its emerging legal marijuana industry. The state on Friday kicked off the process of considering temporary licenses for what is expected to be thousands of retailers, distributors and testing labs in the new marketplace. Top state cannabis regulator Lori Ajax says the opening of the online system moves the […]

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Prince Edward Island turns to government-run stores to sell recreational marijuana

Prince Edward Island plans to corner the market for recreational marijuana by limiting sales to government-owned retail locations, making it the latest province to bar entrepreneurs from investing in storefront opportunities. PEI will restrict recreational cannabis use to private residences, the provincial government announced Thursday, with potential for designated public spaces “at a later date,” […]

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Another Canadian medical marijuana producer inks pharmacy deal

CanniMed Therapeutics has entered into a definitive agreement with PharmaChoice to supply medical cannabis products to its 750 pharmacy locations across Canada. It’s the second time this week a licensed marijuana producer and a major pharmacy chain have joined forces on medical cannabis, following a partnership between Aphria and Shoppers Drug Mart. However, CanniMed’s deal with PharmaChoice is […]

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Manitoba’s Delta 9 strikes deal to raise CA$20M for cannabis cultivation and retail

Delta 9 signed a stock-purchase agreement to raise 20 million Canadian dollars ($16 million) to ramp up cultivation and bankroll its bid to become a retailer of recreational marijuana in Manitoba. The Winnipeg, Manitoba-based medical marijuana producer said in a news release it nailed down the bought-deal agreement with a group of underwriters led by […]

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Week in Review: Michigan MMJ rules, WA halts hemp licensing & Maryland supply shortfall

Michigan sets emergency rules for its medical marijuana program, Washington state stops issuing hemp licenses, and Maryland MMJ businesses encounter a supply shortage after sales begin. Here’s a closer look at some notable developments in the marijuana industry over the past week. Michigan making progress Michigan is one of the latest state medical cannabis markets […]

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Nova Scotia plans to sell recreational cannabis in government-run alcohol stores

The Nova Scotia government unveiled plans to sell recreational marijuana alongside alcohol in government-run stores, a move that essentially bars privately owned businesses from investing in retail opportunities. The province proposed that marijuana be sold in existing Nova Scotia Liquor Corp. stores to consumers 19 or older. The plan appears to run counter to public […]

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Manitoba looks to private sector to sell recreational marijuana

The Manitoba government has introduced legislation to have private businesses sell recreational marijuana once Canada’s adult-use market launches next year. Home cultivation, meanwhile, would be banned. Under the bill, the Manitoba Liquor and Lotteries would be responsible for securing all the cannabis for private retail outlets. That would mean Manitoba would have to look to local […]

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British Columbia to hand recreational cannabis sales to private, public sectors

British Columbia is giving private entrepreneurs the opportunity to participate in recreational sales of marijuana next year – alongside the provincial government. The move to permit private- and government-owned retailers was widely expected. It gives potentially hundreds of existing medical marijuana dispensaries – which have been operating in the gray market – an opportunity to […]

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Days after opening, Maryland medical marijuana dispensaries sell out of product

The celebration at most of Maryland’s medical marijuana dispensaries didn’t last long. After a four-year-plus wait, medical cannabis sales at a handful of the state’s 10 fully licensed dispensaries began Friday to patients who waited in line for hours. But dispensary owners didn’t receive as much product as hoped and were forced to limit customers to […]

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Canada’s largest pharmacy chain inks ‘game-changing’ medical marijuana distribution deal

Medical marijuana could soon be available through the online store of Canada’s largest pharmacy chain in what analysts are calling a groundbreaking deal for the MMJ industry. Aphria is set to supply the medical cannabis, including leaf and oil, for Toronto-based Shoppers Drug Mart. The Ontario-based licensed producer will be designated as the “preferred” supplier […]

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