Minnesota adds ‘fast-acting’ delivery method to medical marijuana program
Minnesota medical marijuana dispensaries might get a boost next August, when they’ll be allowed to sell ” fast-acting” dry herb vaporization products. The delivery method was approved Thursday by the state’s health commissioner, according to a...
‘Best days are to come’ for cannabis industry, MJBizCon attendees believe
LAS VEGAS – After a tough year for most cannabis operators, attendees at MJBizCon 2023 said they aren’t banking on sweeping legislative reform such as the rescheduling of marijuana to grow their businesses in the coming year. Rather, they are hoping for more...
Ohio bill would allow municipalities to ban adult-use marijuana
An Ohio lawmaker has introduced a bill that would allow municipalities in the state to prohibit adult-use marijuana operators within their borders and impose additional MJ business taxes. The state’s voters approved a recreational cannabis market on Nov. 7, but...
Arkansas medical cannabis sales surpass $1 billion since 2019 launch
Medical cannabis dispensaries in Arkansas have sold more than $1 billion in MMJ products since the program launched in 2019. Total medical marijuana sales in Arkansas since May 2019 reached $988.3 million through October, the Little Rock-based Arkansas Times reported,...
October marijuana harvest fuels Oregon’s oversupply problem
Oregon marijuana prices are facing oversupply pressure after an October harvest that was 15% higher than the October 2022 yield. That dramatic increase follows months of smaller harvests that had brought some much-needed relief to Oregon growers who previously faced...
Cannabinoid-based medicine Epidiolex approved for sale in Canada
(This story has been updated to correct the date of Jazz Pharmaceuticals’ 2021 acquisition of GW Pharmaceuticals.) Canada’s federal health regulator has approved Jazz Pharmaceuticals Canada’s cannabinoid-based medicine Epidiolex as an adjunctive...
Cannabis stakeholders upbeat about prospects for end of 280E, stress need for risk-taking
LAS VEGAS – Industry stakeholders speaking on an MJBizCon panel Wednesday expressed optimism that the Biden administration will reschedule marijuana as a less dangerous drug in the months ahead, a move that would allow cannabis businesses to escape the steep...
Pricey Virginia medical marijuana driving patients to illicit market, study shows
Sticker shock at medical marijuana dispensaries in Virginia is spurring patients in the state to seek cheaper alternatives, according to a recent study presented to the Cannabis Control Authority. That includes the illicit market in Virginia as well as nearby cannabis...
Cannabis MSO Jushi files CA$600 million shelf prospectus
Cannabis multistate operator Jushi Holdings filed a preliminary short-form base shelf prospectus in Canada to raise up to 600 million Canadian dollars ($442 million) by issuing a variety of securities over a 25-month period. The filing, when finalized, will permit...
22nd Century Group selling hemp operations for $2.25 million
Biotech company 22nd Century Group is selling off its hemp operations in a deal worth $2.25 million as part of an attempt to cut costs. “Substantially all” of the company’s GVB Biopharma division is being sold to Specialty Acquisition Corp., a Nevada...
MJBizCon 2023 opens with hopes for a brighter cannabis industry future
MJBizCon, the world’s biggest event in the cannabis sector, kicks off Wednesday in Las Vegas as industry leaders wrap up a tough year and hope for positive change in 2024 – particularly, the potential reclassification of marijuana as a less dangerous drug...Featured
1
Latest Sponsored
