MJBizDaily
Federal marijuana rescheduling means institutional capital is coming to cannabis investing
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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
Infused cannabis product maker Dixie Brands posts $2.4 million loss in third quarter
Denver-based Dixie Brands reported a net loss of $2.4 million in its fiscal third quarter, even though revenues more than doubled.
News December 10
Michigan approves 24 more medical marijuana licenses
Michigan regulators approved 24 more medical cannabis operating licenses under a new regulatory framework, according to an email sent by state regulators to the media. That now brings the statewide total…
News December 10
Maryland’s medical cannabis sales hit $96 million in first year
Maryland’s medical marijuana industry brought in $96.3 million during its first year of operation. MMJ sales began in December 2017, and there are currently nearly 52,000 patients, according to The…
News December 10
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