Wholesale cannabis prices beating expectations for 2024
Wholesale cannabis prices are still declining in some state markets but have performed better than expected overall over the past year.
US cannabis business licenses down 6% in first quarter of 2024
The number of active U.S. cannabis business licenses fell 6% during the first quarter of 2024, according to CRB Monitor, a cannabis intelligence firm.
Hemp-derived THC producers wary of how US Farm Bill could change market
U.S. lawmakers might address intoxicating hemp-derived cannabinoids in the new Farm Bill, which could adversely affect a budding industry.
THC potency in Oklahoma’s medical cannabis is inflated, testing lab alleges
Oklahoma medical cannabis is frequently less potent than advertised, according to the manager of licensed lab Havard Industries.
Oklahoma medical marijuana growers sue over fire-inspection backlog
Oklahoma medical marijuana companies whose licenses are at risk over tardy fire-safety inspections are suing, alleging the state fire marshal failed to conduct required inspections in time for the operators to renew their permits.
Oklahoma cannabis license numbers down by 27% since last year
The number of active cannabis licenses in Oklahoma dropped dramatically this year amid an oversupplied market, a crackdown on illicit operators and a moratorium on new permits.
Despite 2023 marijuana enforcement criticism, Oklahoma won’t back down
Critics say Oklahoma regulators overstepped in 2023, but others argue more oversight is needed for wholesale marijuana prices to recover.
