United States

New Jersey medical marijuana program delayed by glut of dispensary applications

New Jersey’s medical cannabis program regulators won’t make the Nov. 1 deadline to announce the winners of six additional dispensary licenses. Demand for medical marijuana in the Garden State spurred New Jersey Gov. Phil Murphy in July to call for doubling the number of dispensaries, from six to 12. But the state has been flooded with […]

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California busts on illegal cannabis operations continue: Thousands more plants seized

More busts indicate that state and local authorities in California continue to step up efforts to crack down on black market marijuana operations, a development that could help licensed businesses who’ve long complained that illicit operators undercut their sales. Here’s a roundup of some of the latest enforcement news from California: Detectives with the Tulare […]

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Chart: The days of CBD-only stores may be numbered

While hemp and marijuana may be close relatives, most hemp-derived CBD retailers don’t sell the products alongside medical cannabis. But as state laws around cannabidiol continue to change, stand-alone CBD stores may become a relic. According to estimates from Hemp Industry Daily in the 2018 Hemp & CBD Industry Factbook, CBD sales in the U.S. are expected to […]

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In reversal, WA state permits production of cannabis gummies, hard candies

Washington state regulators Friday abruptly reversed a recent decision halting the production of certain marijuana edibles and will now allow infused product makers to manufacture state-approved gummies and hard candies, a spokesperson for the state’s Liquor and Cannabis Board (LCB) told Marijuana Business Daily. The reversal – which came after fierce industry opposition – will no doubt […]

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Hawaii lab rejects more than 20% of medical marijuana tested

Hawaii’s first and biggest cannabis testing lab is sending back a sizable percentage of the medical marijuana it tests for contaminants. Hawaii News Now reports that Honolulu-based Steep Hill Hawaii is rejecting 20%-30% of the marijuana that comes through its doors. Michael Covington, chief operations officer for Steep Hill Hawaii, told the news outlet that […]

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DE medical cannabis business owner gets industry ban for forging doctor’s signature

Forging physician signatures can get someone booted from the marijuana industry and could lead to jail time. That’s the hard lesson Carolan Krajewski, owner of Delaware Holistic Medicine, which provided health records to help patients get medical marijuana cards, is learning after pleading guilty to tampering with public documents. The business had previously been known […]

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Marijuana firm Cresco Labs charts plan to go public in Canada

Multistate cannabis operator Cresco Labs is looking to go public in Canada via a reverse takeover (RTO), the latest U.S. firm to use this path to a listing on the Canadian Securities Exchange (CSE). The firm announced Wednesday that it’s pursuing an RTO of  Randsburg International Gold (RGZ.H), an Ontario-based firm that has no significant operations […]

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California cannabis industry heavyweights file lawsuit in response to federal suit filing

Three former executives claim in a new lawsuit that prominent California marijuana consultant Avis Bulbulyan is a “talented prevaricator” whose “entire professional image is built on a carefully manufactured foundation of deceptions.” The suit, filed last week by Lance Ott, David Yeager and Steve Baghoomian alleges Bulbulyan lured them to join his cannabis consultancy, SIVA […]

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Oklahoma banking officials warn banks about serving medical marijuana firms

Oklahoma banking officials are urging financial institutions to be cautious or even stay clear of the state’s nascent medical marijuana industry, dealing a potential setback to MMJ companies hoping to secure accounts with local banks or credit unions. Oklahoma banking commissioner Mick Thompson told a legislative working group that financial institutions must weigh the dangers […]

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Week in Review: Sweet Leaf owners make a deal, NJ/IL medical cannabis reform & Alaska tax revamp

Sweet Leaf’s owners strike a deal with Colorado marijuana regulators, New Jersey and Illinois take steps to bolster their medical cannabis markets, and Alaska overhauls its MJ business taxes. Here’s a closer look at some notable developments in the cannabis industry this week. Sweet Leaf hit hard The owners of the once high-flying Colorado marijuana […]

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Facebook to allow cannabis searches ahead of Canada’s adult-use legalization

Social media giant Facebook will stop blocking marijuana-related searches, including those for legitimate businesses with the word “cannabis” or “marijuana” in the name, MarketWatch reported. The move, which ends a monthslong block on cannabis and related search results, is expected to help marijuana businesses engage with consumers via social media. Facebook’s unexpected decision comes ahead of […]

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