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Chart: Medical cannabis as alternative to opioids could give Illinois’ MMJ program a massive boost

Pending legislation in Illinois that would allow medical marijuana as an alternative to opioid prescriptions could fundamentally alter the business landscape in the state. The move could potentially add tens of thousands of new patients to the MMJ program and eventually generate hundreds of millions in additional sales. The Illinois General Assembly on May 31 […]

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Week in Review: Cannabis banking confusion, medical marijuana vs. opioids in NY & MMJ defeat in US Tax Court

Landmark news comes from Canada this week as it becomes the first G-20 nation to legalize recreational cannabis. Read more about that here.

In the United States, cannabis banking reform advocates get mixed signals, New York plans to allow the use of medical marijuana in lieu of opioids, and U.S. Tax Court denies a Colorado MMJ company’s business deductions.

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MJ Freeway cannabis software system hits new glitch in Washington state; contract up for renewal

Marijuana business owners in Washington state continue to grapple with problems in the state-selected traceability program, with some industry officials concerned the situation could trigger errors tied to tax reporting and regulatory compliance. The state has used MJ Freeway’s Leaf Data Systems for its traceability software platform since December. The kinks plaguing the system come […]

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Week in Review: Colorado’s flat marijuana sales, Nevada’s new MJ opportunities & Alaska’s cannabis tax ideas

Monthly cannabis sales in Colorado are flat for the first time since the state launched adult use, Nevada offers a select group additional opportunities in its recreational market, and Alaska weighs the idea of a new excise tax tier for marijuana cultivators. Here’s a closer look at some notable developments in the cannabis industry over the […]

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Oregon to inspect outdoor cannabis harvests in response to federal law enforcement pressure

Oregon regulators’ plan to observe and inspect the coming outdoor cannabis harvest will inconvenience many growers, but some industry watchers conclude it shouldn’t be much of an added financial burden. Here are the basics surrounding the issue: The federal government – in particular,  the U.S. attorney for Oregon – is scrutinizing Oregon’s MJ industry due […]

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Chart: Timeline for launch, projected sales in seven new marijuana markets

More than 60% of the U.S. population now lives in states that have legalized some form of marijuana use and sales, illustrating both the rising acceptance of cannabis nationwide and the industry’s immense potential for future growth. Several medical marijuana and recreational programs have yet to get off the ground, however. Here’s an update on […]

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Week in Review: Smokable flower in Florida, cannabis investing in Colorado & MMJ software woes in Maryland

A judge allows smokable medical marijuana in Florida, Colorado’s governor vetoes a bill to allow publicly traded companies to invest in cannabis businesses, and Maryland’s MMJ program experiences tracking software problems. Here’s a closer look at some notable developments in the cannabis industry over the past week. Smoking’s OK – or is it? Allowing the […]

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