Pennsylvania Medical Cannabis Business & Marijuana Legal News

Pennsylvania cracks down on dispensary for selling cannabis for $1 a gram

A brand-new medical marijuana dispensary in Pennsylvania, excited to be selling actual cannabis flower for the first time to registered patients, offered a special deal last week: two strains of flower for $1 a gram, with a limit of 2 grams. The problem? Pennsylvania forbids such promotions, including any discounts. And the flower in question […]

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CEO of multistate medical marijuana operator Green Thumb steps down

Peter Kadens, one of the more notable names in the U.S. cannabis industry, has stepped down as CEO of multistate medical marijuana company Green Thumb Industries (GTI). The 40-year-old entrepreneur, who will stay with Chicago-based GTI as a board member, told MassLive.com he was stepping down for personal and family reasons. Ben Kovler, who founded […]

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PA unveils 13 medical marijuana grower/processor licenses; flower sales set

Pennsylvania regulators announced the second round of winners of medical marijuana grower/processor licenses, selecting 13 companies and further expanding what is poised to become one of the largest MMJ industries in the nation. Phase 2 of the licensing process – coming a little more than a year after the first phase – is intended to […]

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Community outreach helping cannabis companies gain edge on rivals, attract customers

Marijuana businesses nationwide are finding they can reap generous rewards from giving back to their local communities.

Being a good corporate citizen can make it easier for marijuana businesses to work with regulators and local officials, stand out from competitors and attract new customers and high-quality employees, according to industry executives and experts on corporate giving.

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State marijuana reforms could spark tens of millions of dollars in business opportunities

Pro-cannabis legislative reform has advanced in a number of states in 2018, with major business developments occurring in Florida, Pennsylvania, New Jersey and other markets. The legislative changes and resulting program expansions could potentially boost medical marijuana sales by tens of millions of dollars a year, providing a shot in the arm to MMJ retailers, […]

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As PA rewrites medical cannabis research law, operators weigh new litigation

Commercial cannabis growers and dispensary operators are weighing their legal options in response to a newly rewritten Pennsylvania law around medical marijuana research. HB 2477, recently signed by Gov. Tom Wolf, allows the state’s medical schools to partner with marijuana cultivators of their choosing to generate data for pharmacological research, the Philadelphia Inquirer reported. According to the […]

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Pennsylvania medical marijuana dispensaries join up for chronic pain study

Twenty-five medical marijuana dispensaries in Pennsylvania are teaming up to collect patient data to help a chronic pain study at the University of Michigan, a move that could deal a blow to a new Keystone State research program that several MMJ businesses have called unfair. Pennsylvania’s MMJ research program gives eight universities the go-ahead to solidify […]

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Medical cannabis firm AltMed lands $35.4 million to bolster US, international growth

Alternative Medical Enterprises, a multistate medical marijuana producer and dispensary operator, has secured $35.4 million in a private placement financing from a Pennsylvania-based investment group. The massive investment will allow the Sarasota, Florida-based firm to launch a major expansion in the United States and internationally, said Matthew Duffy, president and chief operating officer of the […]

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Week in Review: Connecticut medical marijuana hopefuls, PA suit & Florida hits 100,000 patients

Connecticut receives dozens of applications from aspiring medical cannabis entrepreneurs, a Pennsylvania court tosses a lawsuit that could have undone the state’s medical marijuana program, and Florida hits 100,000 MMJ patients. Here’s a closer look at some notable developments in the marijuana industry over the past week. East Coast MMJ rising News that Connecticut regulators received […]

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