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PA medical cannabis shops low on product; state OKs more licenses
Pennsylvania’s medical marijuana dispensary owners are experiencing a common occurrence among new markets: a supply shortage. Only two weeks after the state launched sales, some dispensaries have run out of…
News March 5Australian state cuts red tape to boost medical marijuana access
The most populous state in Australia is making it easier for doctors to prescribe medical marijuana, opening the door to faster growth in the country’s MMJ industry. Australia’s medical market…
News March 5Nevada gaming panel: Casinos should stay out of cannabis business
It looks as if MJBizCon won’t have to relocate its long-running November show. A Nevada gambling commission unanimously recommended Monday that a strict wall be maintained between casinos and the…
News March 5New Jersey bill seeks tax credit program for marijuana businesses
A New Jersey assemblywoman plans to propose a bill that would create a tax credit program for cannabis businesses in urban enterprise zones if the state legalizes recreational marijuana. Democrat…
News March 5Canada’s top medical cannabis brand tries fashionable marketing idea
Tweed, a wholly owned subsidiary of Smiths Falls-based Canopy Growth and an international medical marijuana brand, is taking a new tack to raise awareness in a very restrictive marketing environment…
News March 5Rhode Island committee postpones recreational marijuana recommendation
The push to legalize recreational marijuana in Rhode Island hit a snag when a state commission delayed until next year issuing a recommendation that could have advanced the adult-use issue.…
News March 5Chart: Tourism drives hot start to recreational marijuana sales in Nevada, but where’s the ceiling?
Nevada retailers sold nearly $200 million worth of recreational cannabis since adult-use sales began six months ago, surpassing the total revenue generated by Colorado and Washington state in the early…
News March 5Global spending on legal cannabis to hit $57 billion by 2027, report says
Worldwide spending on legal cannabis is forecast to reach $57 billion by 2027, led by growth in North America and Europe, according to a new report by Arcview Market Research…
News March 2Ex-Coke, Coors executive takes reins of Canadian marijuana company
A burgeoning cannabis producer with aspirations of being a global leader has appointed a longtime Coke and Molson Coors executive as its new CEO. Torsten Kuenzlen took the helm of…
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