Pennsylvania Medical Cannabis Business & Marijuana Legal News

Why some marijuana firms are rebranding in response to cannabis industry’s changing business climate

As the cannabis industry has moved to shed the “stoner” stereotype many have held of its consumers, several marijuana businesses are rebranding themselves via name changes and other steps to try to reflect the companies they’ve become.  Whether the decision revolves around an initial public offering (IPO), including Akerna’s, or the acquisition of multiple dispensaries such […]

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Recreational marijuana licensing

Michigan issued the first adult-use marijuana licenses to Exclusive Brands, a  business planning to grow and sell MJ for recreational use when it becomes legal in the state on Dec. 1. Licenses also were given to PSI Labs, which test marijuana, and Real Life Solutions, an event organizer.

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Nevada lawsuit

Pennsylvania’s medical marijuana dispensaries sold more than $500 million in MMJ products since sales began two years ago, a state official said Wednesday.

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Pennsylvania residents want adult-use marijuana but frown on state-run sales

The majority of Pennsylvania voters support legalizing recreational cannabis, but they don’t want state-run stores selling the products, according to a poll. State lawmakers recently unveiled legislation that calls for retail cannabis stores to be operated by Pennsylvania’s Liquor Control Board, a move that would heavily restrict private business opportunities. The bill was introduced just […]

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Acreage Holdings inks $72 million cannabis real estate deal

Acreage Holdings, a multistate marijuana operator, signed a sale-leaseback deal valued at more than $72 million for cannabis facilities in several states with GreenAcreage Real Estate, a real estate investment trust (REIT) that focuses on the MJ space. New York-based Acreage Holdings said on Friday it already closed deals with GreenAcreage for facilities in Florida, […]

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Week in Review: Mexico moves toward recreational cannabis legalization, vape firm Pax cuts jobs, Northeast govs huddle & more

Mexico prepares to become the most populous nation in the world to legalize adult-use marijuana, vape company Pax cuts 25% of its workforce, governors of Northeast states consider working together to legalize recreational MJ – and more of the week’s top cannabis business news. Mexico prepares to legalize recreational cannabis Mexico’s Senate is ready to receive a […]

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Northeast governors meet to create regional adult-use cannabis plan

Governors from New York, New Jersey, Pennsylvania and Connecticut are co-hosting a cannabis summit Thursday with legislative leaders and policymakers in an unprecedented move to coordinate recreational marijuana legalization efforts. The governors and policymakers also will be discussing the vaping crisis. The four Democratic governors – Andrew Cuomo of New York, Phil Murphy of New […]

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Vireo agrees to milestone medical cannabis labor pact in Pennsylvania

Minnesota-based Vireo Health, a multistate marijuana operator, signed the first vertically integrated medical cannabis labor agreement in Pennsylvania, a deal that is being touted as a win for both the employees and the company. The three-year pact is between Vireo’s Pennsylvania Medical Solutions subsidiary and the United Food and Commercial Workers (UFCW) Local 1776. The […]

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Pennsylvania lawmakers pitch adult-use marijuana bill with state-run stores

A Pennsylvania state lawmaker introduced a recreational cannabis legalization bill that calls for retail stores to be operated by the state Liquor Control Board, a move that would limit private business opportunities. The proposed law, introduced by Democratic Rep. David Delloso, comes just days after Gov. Tom Wolf said he supports legalizing recreational marijuana. The governor’s […]

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Pennsylvania’s top prosecutor supports legalizing recreational marijuana

The legalization of adult-use marijuana in Pennsylvania – which likely could create a market worth more than a billion dollars a year according to Marijuana Business Daily estimates – received another boost as the state’s top law enforcement officer tweeted that he is joining several other state Democratic officials in backing the effort. ??ANNOUNCEMENT After […]

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Pennsylvania governor says he’s ready to legalize recreational cannabis

Pennsylvania Gov. Tom Wolf is now in favor of legalizing marijuana for recreational use, which, if his efforts are successful, could potentially create a $1 billion-plus adult-use market in the state of 12 million people. Wolf says that that most of the state’s residents support it. He added that the state has a wealth of […]

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MJ Freeway marijuana tracking software crashes in Pennsylvania

Medical marijuana retailers in Pennsylvania reported that MJ Freeway’s seed-to-sale traceability system went down for more than an hour during a software update earlier this week, resulting in patients being turned away and significant amounts in lost sales. The Philadelphia Inquirer reported that dispensaries across the state on Tuesday were unable to conduct sales for […]

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