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 […]Read More
After Attorney General Jeff Sessions ripped up the Cole Memo and gave U.S. attorneys greater leeway to prosecute marijuana businesses, many industry executives and experts wondered whether the days of the federal government leaving legal cannabis alone were over.
Many lawyers and others argue that the new Sessions Memo didn’t change much.
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 – […]Read More
Last year was historic for Uruguay’s marijuana industry, as the country ushered in an era of legal medical and recreational cannabis.
Adult-use, or what’s called “nonmedical,” sales started in July, and medical cannabis sales began in December.
Here’s a look at recent developments in Uruguay.Read More
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 […]Read More
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 […]Read More
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. […]Read More
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.Read More
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 […]Read More
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 […]Read More
The National Cannabis Industry Association is poised to roll out an initiative aimed at uniting dozens of state-level trade groups, a move designed to make it easier for member businesses to work together to promote legalization and pro-marijuana policies. While the move could help NCIA – the largest and oldest cannabis trade group – move […]Read More