Marijuana Dispensary & Cannabis Store News

Three executives resign from marijuana firm MedMen

California-based cannabis retailer MedMen is undergoing another round of executive turnover at the top levels of the company, and the most recent losses include the chief operating officer, general counsel and company spokesman. Chief Operating Officer Ben Cook and general counsel Lisa Sergi resigned, MedMen announced in a news release. Sergi also served as a member […]

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Florida adds eight more medical marijuana business licensees

Florida’s medical cannabis marketplace is set to see a significant boost in the number of businesses that can operate in the state as regulators approved licenses for eight more firms in addition to the 14 existing MMJ operators. The state will grant the additional licenses to companies that failed to gain approval during the first […]

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Chart of the Week: Colorado 4/20 sales spike higher than other recreational cannabis markets

Despite competing with newer adult-use marijuana markets in other states that also attract swarms of tourists, Colorado’s established recreational cannabis business arena remains a steady retail sales leader on April 20 – the unofficial marijuana holiday known as 4/20. According to data provided by Flowhub, a Denver-based marijuana software company, and Headset, a Seattle-based cannabis […]

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Maryland underlines deadline when medical cannabis dispensaries must open

Maryland regulators cautioned medical marijuana businesses they must open their dispensaries by Sept. 30 or see their approvals rescinded. The warning, issued in a state bulletin, pertains mainly to 26 businesses that remain in preapproval stage, according to The Baltimore Sun. Roughly 76 licensed MMJ dispensaries have already opened their doors, the newspaper reported. A […]

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New Jersey will need 100 cannabis growers if adult use is legalized, regulators say

If New Jersey legalizes recreational marijuana, a move that’s been discussed for months and has a new deadline, roughly 100 new cannabis cultivators would be needed, according to an estimate from state officials. That’s in addition to the 35 or so growers needed to supply the expected expansion of the medical cannabis program. According to […]

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PA regulators allege Harvest Health misrepresented its state marijuana holdings

Pennsylvania regulators are threatening to take away the medical marijuana dispensary licenses of Arizona-based Harvest Health & Recreation for allegedly misrepresenting its cannabis holdings in the state. The issue stems from claims Harvest made earlier this week when announcing the acquisition of CannaPharmacy, The (Philadelphia)  Inquirer reported Thursday. Here’s the crux of the situation: In its […]

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Illinois OKs Cresco Labs’ plan to open three more medical cannabis dispensaries

Chicago-based Cresco Labs, a multistate cannabis company, received regulatory approval to acquire a trio of medical marijuana dispensary locations in Illinois. According to a news release, the Illinois Department of Financial and Professional Regulation has greenlighted the company to acquire two stores in the Wrigleyville neighborhood of Chicago – MedMar Rockford and MedMar Lakeview – […]

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California statewide marijuana delivery survives assembly bill vote, but cities’ lawsuit still a threat

At a packed hearing Tuesday, a California legislative committee killed a measure aimed at overturning a controversial policy that allows licensed cannabis companies to deliver product anywhere in the state. The upshot is that the status quo will continue for marijuana delivery operators – at least for the foreseeable future – and that they’ll be […]

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Bill to limit medical cannabis THC going to full Florida House

A measure to restrict the strength of smokable medical marijuana is heading to the Florida House floor, a move that could curb retail sales of MMJ. The House Appropriations Committee approved a bill Tuesday to limit the strength of marijuana flower to 10% THC, with Republicans in favor and Democrats opposed. The vote came less […]

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