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Nevada’s marijuana supply holds steady, with wholesale prices higher than other rec markets

Nevada’s recreational marijuana supplies are plentiful but not overly abundant, keeping wholesale cannabis prices on the high side compared to other adult-use markets. Business owners in the Silver State don’t expect wholesale prices to remain steep for much longer, however. Growers are continuing to build out their cultivation facilities and improve their growing methods, pumping […]

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Tiny Lesotho looks to become African staging ground for medical marijuana businesses

A landlocked nation in southern Africa is on the cusp of opening major medical cannabis opportunities both domestically and internationally, provided government and businesses overcome near-term obstacles. The opportunity for Lesotho’s economy to become a supplier of medical cannabis and ancillary services to other countries in Africa where medical cannabis laws are in the works – […]

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Weedmaps counters California’s order to quit assisting unlicensed cannabis companies

Weedmaps apparently doesn’t plan to drop its listings for unlicensed California marijuana businesses any time soon. In a letter sent Monday to the California Bureau of Cannabis Control, the online marijuana advertising giant wrote that it is “not a Licensee subject to the Bureau’s purview.” The letter – signed by Weedmaps CEO Doug Francis and […]

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Chart: New Mexico’s medical marijuana program breaking records despite bureaucratic inaction

New Mexico’s medical marijuana program continues to grow despite a lack of enthusiasm for medical cannabis among top state officials. From December 2016 to December 2017, nearly 18,000 new patients enrolled in New Mexico’s MMJ program – a 61% jump – marking the largest increase in patients over a single-year period since the program launched […]

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Canadian provinces, local government programs boost burgeoning cannabis industry

Cannabis companies in Canada have access to tens of millions of dollars worth of financial incentives from provincial and municipal governments – if they know where to look. So far, various levels of government in six provinces have offered incentives to cannabis-related businesses in the form of direct subsidies, tax credits and other financial sweeteners. […]

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US marijuana heavyweights Helix TCS, BioTrackTHC agree to merge

Colorado-based Helix TCS, a publicly traded ancillary marijuana company, said it signed a merger agreement with BioTrackTHC, a Florida-based seed-to-sale cannabis tracking software company.

The deal’s price tag wasn’t disclosed.

According to an 8-K filing, BioTrackTHC stakeholders will own 48% of Helix TCS once the merger is finalized.

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Week in Review: Smokable flower in PA, MJ air transport in Alaska & CBD setback in Idaho

Pennsylvania ponders allowing smokable flower to combat a medical marijuana supply shortage, police in Juneau, Alaska, green light transporting cannabis on commercial airlines, and Idaho lawmakers shelve a CBD bill. Here’s a closer look at some notable developments in the marijuana industry over the past week. Slim pickings in Pennsylvania Pennsylvania’s medical cannabis program hit […]

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Germany’s medical marijuana market poised for breakout year

Germany is on track to become one of the world’s largest medical marijuana markets this year as insured patient numbers soar, MMJ imports rise and the country prepares for domestic cultivation. Some executives also expect recreational legalization to happen “in the foreseeable future.” Germany’s rapid growth is expected to continue independent of the country’s plan […]

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