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Cannabis capital ‘rotating’ away from Canada to United States, analyst says

Published May 30, 2019 | By Matt Lamers

Marijuana businesses and investors seeking higher returns and more potential are looking beyond Canada’s relatively small and highly regulated market, according to analysts covering the still-nascent industry. “Many investors we have spoken to have begun to rotate capital from Canada to the U.S. on the fear that Canadian players will be unable to capture growth […]

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Medical marijuana extracts ruling could open a business gateway in Arizona, experts say

Published May 30, 2019 | By John Schroyer

The Arizona Supreme Court handed the state’s medical cannabis industry a significant legal win this week by ruling that extracts – including concentrates, edibles and other infused products – are legal. So, do licensed medical marijuana businesses expect an immediate shift in day-to-day business operations now they can legally sell the products? “We’ve been selling extracts […]

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Harvard, Canadian cannabis firm Atlas ink ‘groundbreaking’ research partnership

Published May 28, 2019 | By Matt Lamers

Harvard University is spearheading what participants are calling one of the largest international efforts for research on medical cannabis – and the school has chosen Alberta, Canada-based Atlas Biotechnologies as a founding partner of the initiative. Atlas will initially be the sole supplier of marijuana and its derivatives for the research. The new International Phytomedicines […]

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Chart: Arkansas medical marijuana sales top $353,000 via just two dispensaries, outpacing initial OH sales

Published May 28, 2019 | By Maggie Cowee and Joey Peña

Sales of medical marijuana in Arkansas are off to a strong start, with patients purchasing more than 50 pounds of cannabis in nearly 5,000 transactions in the first week dispensaries were open. The initial sales eclipsed those in Ohio, which has nearly four times the population. With sales underway, the Arkansas market could grow at a […]

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California’s cannabis industry weighs in on bill that would increase number of retail licenses

Published May 28, 2019 | By Joey Peña

California legislators advanced a bill that would increase the number of marijuana retail licenses in the state by requiring some cities and counties that have banned commercial cannabis to open their doors to the industry. Assembly Bill 1356, which was amended in committee last week, would require local jurisdictions where more than 50% of voters […]

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MMJ expansion moves forward in NJ, cannabis banking, Canada shortages toll & more

Published May 24, 2019 | By Marijuana Business Daily staff

New Jersey legislators advance a medical marijuana program expansion, state banking associations get behind federal banking reform, Canada’s cannabis shortage has international implications – plus other important news from around the industry. New Jersey MMJ expansion on track The Garden State’s legislature is moving toward approving a major expansion of its medical cannabis program, which to […]

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What are the business implications of labor peace agreements for the cannabis industry?

Published May 23, 2019 | By Jeff Smith

Lawmakers and regulators across the United States increasingly are requiring marijuana firms to accept “labor peace agreements” that can lead to unionization. Consider the following: In New York state, medical marijuana business licensees must sign a labor peace agreement with a union. The same is true in California for cannabis licensees with at least 20 […]

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Marijuana executives offer strategies and insights on salaries and recruitment

Published May 23, 2019 | By Omar Sacirbey

Salaries and benefits are tools to recruit top talent that will facilitate your company’s success, as well as barometers of your company’s health and culture. Marijuana Business Magazine spoke with executives from four cannabis companies that have made top-places-to-work lists and asked them about salaries and recruitment. Here’s what they said:  Eunice Kim Title: Vice […]

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