Medical Cannabis Industry & Recreational Marijuana Business News

AR rejects sale of medical cannabis licenses for unopened stores

Arkansas regulators nixed the sale of two medical marijuana dispensary licenses, displeased that the owners didn’t take significant efforts toward opening the operations. The Arkansas Medical Marijuana Commission unanimously voted to reject the sale of Pine Bluff Agriceuticals and Arkansas Patient Services, according to Arkansas Business. Commissioner Travis Story argued that allowing license holders to […]

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Rhode Island governor proposes adult-use marijuana in budget

Rhode Island Gov. Gina Raimondi is proposing to legalize recreational cannabis, despite opposition from legislative leaders. Her annual budget proposal would create an adult-use MJ program controlled by the state. The first marijuana stores would open in March 2021. Under the Democratic governor’s plan, the state would: Determine the location of retail facilities. Control inventory […]

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Illinois probes marijuana retailers for sourcing violations

Illinois regulators are investigating apparent violations of a regulation intended to prevent marijuana stores from sourcing marijuana from a single cultivator. The Illinois Department of Financial and Professional Regulation also reminded retailers that they are required by law to keep enough product on hand for medical marijuana customers. Just over a week after the state’s […]

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San Diego restricts billboard cannabis advertising

The San Diego City Council unanimously approved a ban on marijuana billboard ads within 1,000 feet of schools, playgrounds, day care centers, youth centers and parks with playgrounds, a move supported by local marijuana businesses. Despite the law, initially proposed in October, 54% (352 of 644) of the city’s existing billboard sites will be available to […]

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Trulieve fights short-seller report as its dominance in Florida medical cannabis market continues

Trulieve Cannabis, the predominant player in Florida’s medical marijuana industry, is fending off attacks raised in a recent negative research report as competitors try to cut into the company’s nearly 50% market share in the state. Grizzly Research promotes itself as doing in-depth research of publicly held companies, but its website doesn’t list a headquarters address or […]

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US House panel to hear marijuana reform issues

Cannabis reform is getting its first hearing in front of members of the U.S. House Energy and Commerce committee on Wednesday, but no one from the industry has been called to testify. The Subcommittee on Health of the Committee on Energy and Commerce will hold a hearing titled “Cannabis Policies for the New Decade,” which is focused […]

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Proposed Michigan cannabis union rule under fire

Marijuana regulators in Michigan are being criticized by some business groups for proposing an administrative rule that marijuana businesses must enter into labor peace agreements with unions as a condition for licensing to grow, sell or distribute cannabis. Adult-use marijuana sales began Dec. 1 in Michigan, which also has a legal medical cannabis market. Labor unions frequently seek […]

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Rhode Island lawmakers seek to change medical cannabis rules

Rhode Island legislative leaders said Wednesday they’re seeking to undo a change to how medical marijuana stores are regulated. The action comes in response to a lawsuit by Democratic Gov. Gina Raimondo. A provision in the state budget approved in 2019 gave lawmakers the right to veto regulations imposed on the cannabis industry. Raimondo sued, […]

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New Mexico medical cannabis firm wins $69,000 in lawsuit settlement

Officials of events company Expo New Mexico agreed to drop a pending appeal and pay $69,600 to medical marijuana company Ultra Health as part of a lawsuit settlement. The settlement comes almost a year after a judge ruled that Expo New Mexico had violated Ultra Health’s First Amendment rights by restricting its free speech. The […]

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South Dakota to vote on adult use, medical marijuana

Voters in South Dakota will decide this year whether to legalize recreational marijuana for adults 21 and older. Voters also will decide in November the fate of a measure to allow medical marijuana for patients with serious health conditions South Dakota will become the first state to vote on both medical marijuana and adult-use legalization […]

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