Hawaii Medical Marijuana News
Strict regulations in Hawaii are hampering the growth of the state’s medical cannabis industry, causing sales to drop off and making the regulated market uncompetitive with the illicit market, according to a new report.
Marijuana legalization through state legislatures heated up in 2021, and that trend likely will continue this year as lawmakers in several states are expected to legalize either recreational or medical cannabis.
A medical marijuana dispensary on the Hawaiian island of Maui that briefly lost its business permit received permission to resume operations as of May 28, but the company still must submit several years of financial records to guarantee it won’t lose its license again.
Hawaii regulators ordered a medical cannabis dispensary on the island of Maui to close immediately because of the company’s “ongoing failure to submit annual independent financial audits.”
