Medical Cannabis Industry & Recreational Marijuana Business News

Louisiana medical cannabis supplies adequate, state says

Louisiana medical marijuana dispensaries aren’t reporting any supply shortages or other problems two weeks after patients began receiving products. That was the consensus Monday from state regulatory officials at a meeting to update MMJ supporters about the progress of Louisiana’s program. John Davis, an executive with GB Sciences Louisiana, one of two state-sanctioned MMJ growers, told […]

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Week in Review: IL ups MMJ program, more CannTrust woes, NM studies legalizing adult-use cannabis & more

Illinois adds more qualifying medical cannabis conditions, CannTrust hit with second noncompliance notice for another facility, New Mexico panel studies the potential to legalize recreational marijuana in the state – and more of the week’s top cannabis business news. Illinois boosts MMJ as it preps for adult use Illinois Gov. J.B. Pritzker took measures to […]

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New Mexico closer to capping medical marijuana cultivation

A New Mexico hearing officer endorsed a plan to limit medical cannabis cultivation to 1,750 mature plants per grower, an effort to avert a possible market oversupply. State health department Secretary Kathyleen Kunkel will have the final say on whether to implement the plan, which some growers argue will constrain and harm the nascent market. […]

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Week in Review: Louisiana medical marijuana kickoff, Dixie-Arizona Iced Tea team, NM reciprocity & more

Sales begin in the long-delayed Louisiana medical marijuana market, MJ-infused product brand Dixie signs a licensing deal with Arizona Iced Tea’s parent, a New Mexico judge’s ruling could open MMJ sales to out-of-state patients – and more of the week’s top cannabis business news. MMJ sales begin down on the bayou After years of waiting, […]

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Tennessee treasurer orders state pension fund to sell marijuana investment

Tennessee’s treasurer has ordered the state’s pension fund manager to sell stock in a marijuana company after learning about the investment. Treasurer David Lillard said he was unaware of the investment until he was contacted by the Chicago Sun-Times. The newspaper reported that more than a dozen public pension funds invested in marijuana through a California-based […]

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Philadelphia medical marijuana research center in flux

A Philadelphia research center that initially was expected to provide an economic boost to the medical cannabis industry is fighting for survival. The Lambert Center for the Study of Medical Cannabis and Hemp is struggling in the wake of losing key staff and allegations of mismanagement and sexual harassment, according to The Philadelphia Inquirer. A […]

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Pennsylvania adds anxiety, Tourette syndrome to medical marijuana conditions list

Pennsylvania regulators have added two conditions to the list of health ailments that qualify for treatment with medical marijuana, which could result in an uptick in sales for MMJ firms. The Philadelphia Inquirer reported that anxiety disorders and Tourette syndrome will be added to the program’s list of 21 medical conditions on July 21. More information […]

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Marijuana Business This Week: Ohio eyes medical cannabis additions, Iowa MMJ fight, L.A. deadline & more

Here are some notable stories and events in the cannabis industry to watch for in the coming days: OHIO BOARD DELIBERATES: After tabling discussions last month about adding autism spectrum disorder and anxiety to the list of qualifying conditions for its medical marijuana program, the State Medical Board of Ohio is expected to resume deliberations […]

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New Jersey governor signs pro-business medical cannabis expansion bill

New Jersey Gov. Phil Murphy on Tuesday signed a bill to expand the state’s medical marijuana program, a day after his administration announced plans to issue 24 additional MMJ licenses. The expansion plans will offer significant business opportunities in light of the New Jersey Legislature’s failure to legalize recreational marijuana. Rapid patient enrollment and continuing robust […]

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Marijuana Business This Week: Cannabis oil in Georgia, early MMJ access in MA, finalizing hemp regs in Alaska & more

Here are some notable stories and events in the cannabis industry to watch for in the coming days: STRIKING OIL: A Georgia law making it legal to produce and distribute cannabis oils with a THC cap at 5% goes into effect Monday, giving the state’s more than 9,500 registered medical marijuana patients better access to […]

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