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Week in Review: Arizona AG ditches anti-hashish stance, MMJ gains in NJ-PA & CA updates proposed cannabis rules

Arizona’s attorney general abandons his bid to make medical cannabis hashish illegal, New Jersey and Pennsylvania report sizable gains in their MMJ patient populations, and California releases its latest draft of permanent rules for the cannabis industry. Here’s a closer look at some notable developments in the cannabis industry this week. Arizona high court likely […]

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How California’s local elections could expand cannabis business opportunities

The biggest bottleneck to the development and expansion of the legal cannabis industry across California has been local governments banning commercial marijuana companies. That roadblock could morph into more of a speed bump after the November election, when at least 82 cannabis-related ballot measures are slated to go before voters in cities and counties around […]

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Growers: Western marijuana prices are down amid strong harvest, despite high demand

The marijuana harvest is underway and growers in several western states are reporting a bumper crop, but it’s coming at a time when supplies already are abundant and MJ prices are falling by double-digit percentages in some markets. Growers in five states with medical and recreational cannabis markets also report that consumer demand is strong. But […]

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Chart: Is marijuana already becoming a mainstream industry?

Broader consumer acceptance of marijuana across North America signals that the nascent industry may soon take a place among mainstream industries ranging from cosmetics to nonalcoholic beverages. A majority of respondents to a recent survey by Chicago-based consulting firm A.T. Kearney noted that their perception of mainstream companies would not change if the businesses became […]

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Former PM Mulroney: ‘Others will follow’ Canada’s lead on cannabis

Former Prime Minister Brian Mulroney says other countries will follow Canada’s lead on cannabis legalization, but it will take time. On the same day Canada legalized marijuana for recreational use, Mulroney announced his intention to join the board of Acreage Holdings – one of the largest marijuana companies in the United States. Mulroney – prime […]

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Photos from Canada’s historic first day of recreational cannabis legalization

Canada’s landmark day of legal recreational marijuana sales was a success for many companies and key industry players who had businesses operational in time for the overwhelming turnout of consumers on Oct. 17. Here is a selection of photos from across Canada as it became the first major industrialized nation to launch a recreational cannabis market.

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Southern California recreational cannabis firms struggle with product shortages, licensing and black market

“Growing pains” is an understatement to describe Southern California’s tumultuous recreational marijuana marketplace. New regulations that took effect July 1 are rattling what was already a turbulent part of the California MJ industry. The industry there also is suffering from product shortages, slow license approvals and a thriving black market. Moreover, Southern California adult-use cannabis businesses […]

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