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Chart: Retail cannabis chains are on the rise in Colorado

By Eli McVey

As Colorado’s retail marijuana market matures, a growing number of stores are controlled by a handful of retail chain operators.

It’s a sign the cannabis industry may be headed in a direction similar to traditional retail businesses, where players like a Wal-Mart or Home Depot squeeze out smaller mom-and-pop stores.

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Week in Review: Florida acts on MMJ rules, Michigan picks board & Canada eyes more cannabis production

By Bart Schaneman, Omar Sacirbey and John Schroyer The Florida health department plans to establish the state’s medical marijuana rules without legislative input, Michigan appoints a five-member board to set MMJ regulations, and Canada aims to boost cannabis production. Here’s a closer look at some notable developments in the marijuana industry over the past week.

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Diversity in medical marijuana: Q&A with Maryland license applicant Greg Daniel

By John Schroyer New York-based physician Greg Daniel is the face and voice of a Maryland lawsuit that could bring the issue of race to the forefront in marijuana business licensing. The suit contends the Maryland Medical Cannabis Commission ignored a law requiring that racial diversity be a consideration in who received MMJ cultivation permits.

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Chart: Retail marijuana sales vs. other industries & goods

By Eli McVey With revenue of $4 billion-$4.5 billion, sales of legal recreational and medical marijuana in 2016 topped those of Viagra and Cialis, paid music streaming services, tequila and Girl Scout Cookies. It’s a notable milestone for an industry still very much in its infancy.

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A $200M day: Two investors reveal big plans to fund marijuana businesses

By Bart Schaneman A California retail estate investment firm and a wealthy Florida medical marijuana advocate separately pledged Tuesday to pump $100 million each into cannabis businesses, marking a notable new chapter in the MJ industry. The combined $200 million is among the largest amounts of planned cannabis investments disclosed in a single day.

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Week in Review: Washington organic marijuana, PA liquor stores & Minnesota red ink

By Bart Schaneman, Omar Sacirbey and John Schroyer Washington state signs off on an organic marijuana certification program, Philadelphia’s mayor says state-run liquor stores should handle recreational sales, and Minnesota’s two medical cannabis businesses bleed red ink. Here’s a closer look at some notable developments in the marijuana industry over the past week.

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