Recreational Marijuana News

Organigram’s quarterly earnings rebound, boosted by sales of marijuana oil, flower

Massive sales spikes in cannabis oil and flower boosted both profits and sales for Organigram Holdings, as the Canadian company returned to the black during the latest quarter while it charts a path for international expansion. The Moncton, New Brunswick-based licensed cultivator posted net income of 1.1 million Canadian dollars ($860,000) in the three months ended Feb. […]

Read More

Poll: Majority of Americans still favor legalizing marijuana nationally

A solid majority of American adults want cannabis legalized at the federal level, according to a national poll. The CBS News study, conducted April 11-15 with roughly 1,000 people, found that 59% of Americans across the country believe marijuana should be legal. Only 36% said it should remain banned. In addition, 61% of poll respondents […]

Read More

Week in Review: Pennsylvania flower sales, Oregon’s cannabis surplus & MassRoots’ big losses

Pennsylvania’s medical cannabis dispensaries get the OK to sell flower for vaping, Oregon’s marijuana glut is hurting the state’s smaller growers, and MassRoots reveals that its losses widened to $44 million in 2017. Here’s a closer look at some notable developments in the marijuana industry over the past week. Positive in Pennsylvania The announcement that […]

Read More

Potential recreational cannabis ballot measure in Ohio hits snag

One of two campaigns that may wind up competing for votes in an upcoming Ohio election has run into a procedural problem with the state’s electoral bureaucracy. The campaign – spearheaded by Ohio Families for Change – is attempting to put a ballot measure before voters to legalize recreational cannabis. But the state attorney general […]

Read More

High Times Cannabis Cup denied license by California city

In a move that highlights the power of local governments over the California marijuana industry, the San Bernardino City Council shot down the planned 4/20-centric High Times Cannabis Cup by refusing to license this weekend’s event. The council vote, held less than two days before the biggest cannabis holiday of the year, April 20, has thrown the […]

Read More

Maine governor pledges veto of new rec cannabis implementation bill

Maine Gov. Paul LePage indicated that he’ll again veto legislation to implement the 2016 voter-approved recreational marijuana industry in his state. According to the Portland Press-Herald, LePage said he’ll strike down the bill – passed by the full Maine Legislature last week – because the measure fails to combine the state’s existing medical marijuana program […]

Read More

While Weedmaps battles state, its executives seek cannabis distribution license in California

Two of the masterminds behind Weedmaps – perhaps the most successful online advertising platform for cannabis businesses – are working to set up a new company that would be directly involved in California’s marijuana supply chain. The venture recently moved a step closer to fruition when the proposed business received conditional approval for a distribution […]

Read More

California reminds marijuana firms temporary licenses set to expire

California cannabis regulators are alerting marijuana companies that temporary business permits that took effect at the start of the year will begin expiring at the end of April. Regulators issued the temporary permits during the state’s transition into a new marijuana regulatory system. The permits took effect beginning New Year’s Day and were valid for […]

Read More

Massachusetts gets 218 recreational cannabis applicants on first day

Massachusetts companies that want to operate retail marijuana stores in Massachusetts submitted a whopping 218 applications on the first day businesses could apply for recreational MJ business permits. The applicants are seeking priority certification that will give them a place in line when the actual licensing process begins April 17, MassLive.com reported. Priority certification was available for […]

Read More

Canadian firm acquires three California marijuana companies

A publicly traded Canadian cannabis company announced Wednesday that it has acquired three California businesses, including a major distributor that generated over $25 million in revenue last year. Ottawa, Ontario-based CannaRoyalty Corp. acquired: RVR, a large-scale distributor of both medical and recreational cannabis brands. Alta Supply, a smaller distributor of medical marijuana. Kaya Management, an […]

Read More

Chicago voters back recreational marijuana legalization

By an overwhelming margin, Chicago metro area voters told lawmakers they want legal cannabis. In a vote on a nonbinding referendum that asked locals if they want the state to legalize recreational marijuana, 63% of Cook County voters responded “yes,” the Chicago Tribune reported. The county – which includes more than 130 municipalities, including Chicago […]

Read More

‘Nothing is going smoothly’ in California’s regulated marijuana market

It’s been almost three months since the official start of California’s recreational – and regulated medical – marijuana markets. So, how are things going? Depends on whom you ask. But the general consensus among business owners, advocates, regulators and elected officials is there’s still a mountain of uncertainty and troubles ahead before California’s cannabis market […]

Read More