By Bart Schaneman Alaska’s recreational marijuana business owners are fighting for the right to outfit their shops with a separate space to accommodate full consumption, including smoking, on their premises. The move is largely designed so they can offer the 1 million-plus tourists who visit the state every year a place to consume cannabis.Read More
Marijuana aficionados lined up at pharmacies across Uruguay on Wednesday to be among the first in the South American nation to legally buy cannabis as a law regulating its sale took full effect. Customers showed off blue-and-white envelopes containing the substance, which is now available as part a 2013 measure that made Uruguay the first […]Read More
By Omar Sacirbey
Massachusetts’ recreational marijuana market can expect an influx of business license applications now that lawmakers have agreed on an adult-use bill that will serve as the framework for the new industry.
The market will be strong, observers predict, but the stakes will be high for a coveted license.Read More
By Omar Sacirbey
Canada’s biggest medical marijuana producer, Canopy Growth in Smith Falls, Ontario, serves more than one third of the nation’s MMJ patients and generated 203 million Canadian dollars ($160 million) in revenue last year.
But the company also lost CA$16.7 million.
How? An aggressive expansion plan.Read More
Marijuana Business Daily has expanded into Canada by hiring a full-time reporter to write in-depth stories and analysis about the country’s fast-growing cannabis industry. Matt Lamers, who has worked as a reporter and editor at newspapers and magazines in several countries, will focus on writing for Canadian marijuana business executives, investors and entrepreneurs looking to […]Read More
By Eli McVey Wholesale marijuana prices in Nevada increased sharply around the July 1 rollout of the state’s new recreational program, a week in which businesses faced stronger-than-anticipated demand and supply shortages caused by hiccups in the distribution process.Read More
By Omar Sacirbey and John Schroyer Nevada works to avert a recreational marijuana supply shortage, New Hampshire adds chronic pain and PTSD to its medical cannabis qualifying conditions, and Maryland reorganizes its MMJ commission. Here’s a closer look at some notable developments in the marijuana industry over the past week.Read More
Massachusetts will funnel $2 million into a state marijuana commission tasked with implementing the state’s recreational cannabis law. The funding is part of a compromise budget lawmakers passed last week. The budget compromise could lead to the resumption of negotiations between a House-Senate committee on regulations tied to the adult-use marijuana law approved by Massachusetts voters last […]Read More
Colorado regulators granted Green Parcel Service and Colorado Logistics marijuana transporter licenses under a new state law.
The law, which took effect July 1, created a new class of licenses that allow independent companies to provide logistics, distribution and storage services to licensed retail and medical marijuana businesses in Colorado.Read More
By Bart Schaneman Nevada recreational marijuana sales began with a bang this past weekend, with store owners reporting that purchases far outpaced those of medical cannabis as the state became the fifth in the nation to offer adult-use products.Read More
By Omar Sacirbey and Bart Schaneman Nevada is poised to launch recreational marijuana sales, a cannabis-friendly credit union makes progress in a court case, and Canada’s Canopy Growth is registering losses while expanding its production capacity. Here’s a closer look at some notable developments in the marijuana industry over the past week.Read More
By John Schroyer
California took a big step forward in June by passing a law designed to streamline government oversight for the state’s medical and recreational marijuana industries.
Because the new measure combines two laws, it’s complicated.
So Marijuana Business Daily enlisted cannabis attorney Khurshid Khoja to help break it down.Read More
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