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Chart: Maryland’s first-year medical marijuana sales approach $100 million

Maryland’s slow-to-start medical marijuana industry made up for lost time, zooming toward $100 million in first-year sales. Maryland brought in $95.4 million in dispensary sales between Dec. 1, 2017, and Nov. 30, 2018, averaging 21% monthly growth and peaking in November at $13.8 million. That total surpassed first-year MMJ sales in Illinois, Massachusetts and New […]

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End of an era: After Jan. 9, California’s unlicensed medical cannabis collectives/co-ops illegal

On Jan. 10, California’s legal cannabis industry is expected to get even smaller. Medical marijuana collectives and cooperatives will become illegal without a state license that day, per guidance that the Bureau of Cannabis Control (BCC) issued in January 2018. Cannabis industry experts have suggested the impact of the deadline has already made its mark on […]

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Slideshow: 2018 US Cannabis Business Year in Review

2018 marked the historic legalization of recreational marijuana in Canada, the end of hemp prohibition in the United States and huge wins on Election Day for state-legal cannabis and medical marijuana initiatives across the U.S.

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Los Angeles cannabis market’s slow liftoff and future: Q&A with city’s top regulator, Cat Packer

Los Angeles picked Cat Packer in 2017 to oversee the city’s cannabis market, considered one of the world’s largest. Packer – the executive director of L.A.’s Department of Cannabis Regulation (DCR) – spoke with Marijuana Business Daily at the end of November about the city’s regulated market and expectations for 2019. Many businesses are concerned about […]

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How the New Mexico medical cannabis market is priming for expansion in 2019

2019 is shaping up to be a good year for New Mexico’s medical marijuana market, with action favorable to the industry expected from judges, legislators and a newly elected pro-cannabis governor. Developments to watch include: A judge’s ruling in November will allow companies to grow more cannabis than the previous limit of 450 plants per business, […]

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Americans eye Canada’s cannabis edibles market, but wary of costly regulations

U.S. marijuana companies are keeping a close eye on the development of Canada’s edibles sector, but executives say the regulations proposed by Health Canada will be burdensome for manufacturers – and ultimately make them less competitive with the illicit market. Canada’s health department unveiled its proposed rules for edible cannabis and infused beverages, extracts and topicals […]

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