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How cannabis MSO Verano is preparing for a major new market
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European nonprofits take lead in CBD safety testing, call for consistent standards
The popularity of CBD in Europe is on the rise, even though the market has no clear rules nor industrywide standards to ensure reliable and safe products across the continent. For…
News May 29
Multistate cannabis firm Acreage reports first-quarter net loss of $31.2 million
Acreage Holdings, a New York-based multistate cannabis operator, reported quarterly revenues of $12.9 million for the three months ended March 31, 2019. The company also reported a net loss for…
News May 28
Arizona Supreme Court rules medical marijuana extracts, infused products legal
The Arizona Supreme Court unanimously ruled that cannabis extracts – including concentrates, vaporizer cartridges and infused food and beverages – are legal and the state’s medical marijuana dispensaries can sell…
News May 28
Marijuana inventories rise in Canada, but market imbalances persist
Canadian stockpiles of cannabis in dried and oil form continued to climb to record levels in March, but retailers nationwide struggled to maintain consistent inventory of in-demand products. Finished inventory of…
News May 28
Utah medical cannabis cultivation licenses may cost $100,000 a year
Becoming one of Utah’s 10 approved medical marijuana growers in the state’s new program won’t be cheap. The state plans to charge a $10,000 application fee and an additional $100,000…
News May 28
Is Massachusetts adult-use marijuana market being propped up by New Yorkers?
Customers making the trek from nearby New York are responsible for as much as 50% of recreational marijuana sales so far in Massachusetts, according to reporting by Crain’s New York Business. In…
News May 28
Multistate medical cannabis firm forced to close in North Dakota, refund $21,000
A North Dakota-based private clinic that provided evaluations for medical marijuana has been forced to close and repay $21,800 to patients who ultimately did not receive their medical marijuana cards.…
News May 28
Missouri sets regulations for medical marijuana program
Missouri regulators issued final rules for the state’s medical marijuana program, effective June 3, and MMJ business applicants can start applying for the program Aug. 3. According to the St. Louis…
News May 28
Harvard, Canadian cannabis firm Atlas ink ‘groundbreaking’ research partnership
Harvard University is spearheading what participants are calling one of the largest international efforts for research on medical cannabis – and the school has chosen Alberta, Canada-based Atlas Biotechnologies as…
News May 28
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