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Chart: New Jersey medical cannabis patients to triple by 2022, requiring at least 15 more cultivation sites

New Jersey's medical marijuana market will need at least 15 additional cannabis cultivation sites in the next three years - even under a conservative growth scenario, according to information provided…

News April 30
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Oregon advances bill to halt issuing adult-use cannabis grow licenses for 2 years

The Oregon Senate moved forward with a plan to limit the state's supply of recreational marijuana, and the measure now goes to the House for a vote.

News April 29
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Colorado lawmakers approve marijuana bill to attract outside investors

Colorado legislators passed a bill to open the state’s $1.5 billion-a-year cannabis industry to outside investors and capital such as publicly held companies and large venture funds. The measure, which comes…

News April 29
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Iowa bill to expand state’s medical cannabis market headed to governor

The Iowa Senate voted 40-7 to advance a bill that would expand the state’s medical cannabis market by eliminating the 3% THC potency cap for products and allow nurse practitioners…

News April 29
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Ontario’s legal adult-use cannabis sales hit new low

Hobbled by the bungled rollout of physical stores and inconsistent inventory at the monopoly online retailer, sales of legal adult-use cannabis in Ontario hit a fresh low in the month…

News April 29
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Missouri to license 60 medical marijuana growers, 190-plus dispensaries

Missouri medical marijuana regulators announced they plan to issue 60 cultivation, 86 processing and 192 dispensary licenses in the state’s initial MMJ permitting round. Businesses can obtain applications online June…

News April 29
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High Times parent to close share offering; cannabis publication still eyes Nasdaq

The parent of the iconic cannabis magazine High Times will close its share offering by June 30, executive chairman Adam Levin told Marijuana Business Daily.

News April 29
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Canadian marijuana firm Canopy Growth set to build NY hemp facility this summer

Canopy Growth, a leader in the Canadian marijuana industry, will enter the U.S. cannabis market by building a $150 million industrial park in Kirkwood, New York, for the manufacture of hemp…

News April 29
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Massachusetts board cautions cannabis firms about evading permit limit rules

Massachusetts regulators warned they’ll crack down on any marijuana businesses that try to skirt license limits – and then look to mislead the state about ownership relationships. The warning by…

News April 29
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