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Georgia medical cannabis patient growth continues to surge
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Nevada approves 61 more cannabis stores, nearly doubling existing number
Nevada issued 61 additional provisional recreational marijuana retail licenses, which would nearly double the number of stores serving the fast-growing market, according to the Las Vegas Review-Journal. But not everyone was…
News December 12
Marijuana sector needn’t fear Big Alcohol, Tobacco – yet
There has been a flurry of business activity this year by several multibillion-dollar companies in the alcohol and tobacco space looking to capitalize on opportunities in legal marijuana.
News December 12
Marijuana firm Cresco Labs posts $3.9 million net income in third quarter
Chicago-based Cresco Labs posted $3.9 million in net income in its fiscal third quarter, reversing its year-ago loss of $200,000. The multistate cannabis operator saw revenues spike 335% in the quarter…
News December 11
Massachusetts cannabis shops cap customer purchases amid limited supply
Massachusetts’ two recreational marijuana retailers are putting a cap on the amount of marijuana customers can buy. Cultivate in Leicester joins New England Treatment Access (NETA) in Northampton in limiting purchases…
News December 11
Female-focused marijuana company first to offer clones in Canada
Ontario-based Natural MedCo has become the first company in Canada to offer marijuana clones for sale to legal recreational consumers, achieving a first-mover advantage for an untapped and underserved consumer segment.…
News December 11
Farm Bill agreement allows nationwide hemp cultivation for any use – including CBD
A long-awaited end to five decades of hemp prohibition has been approved by a House-Senate panel, opening the door to hemp production in all 50 states for any use -…
News December 11
New Zealand legalizes medical cannabis for domestic, export markets
A bill to legalize medical marijuana on Tuesday won the approval of New Zealand’s parliamentarians on its third and final vote, paving the way for companies to manufacture MMJ products…
News December 11
California regulators OK statewide marijuana delivery in draft of final rules
In the final drafts of California’s cannabis business regulations, regulators approved statewide marijuana deliveries, even in areas that ban cannabis. The rules will not be completely finalized until approved by…
News December 11
Oklahoma’s medical cannabis market set for major growth, with business competition fierce
Oklahoma broke the mold with its new medical marijuana program: The state has no numerical cap on business licenses, and doctors are free to recommend MMJ for any condition they…
News December 11
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