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Danish medicinal cannabis program continues to struggle in early 2020
Denmark reported small growth in the number of patients accessing its medicinal cannabis pilot program early this year, but the overall market remains very small, according to data recently disclosed…
News July 21
Chart: US cannabis industry’s economic impact could hit $130 billion by 2024
American marijuana businesses could pump up to $130 billion on an annual basis into the U.S. economy by 2024, a staggering figure that highlights the true reach of the nation’s…
News July 21
Only 2% of Long Beach, CA, marijuana social equity applicants operating
Just one out of 50 business applicants who qualified for Long Beach’s marijuana social equity program has actually entered the California city’s cannabis industry. The astonishingly low 2% participation rate…
News July 20
Rhode Island approves first medical cannabis lab
Rhode Island licensed its first lab to test medical marijuana, a move that likely will prove beneficial to the dispensary and cultivation operators who had been contracting private labs or…
News July 20
Aurora Cannabis committed to German cultivation despite fresh European cuts
Alberta, Canada-based Aurora Cannabis is downsizing its workforce in Europe, but the company says it remains committed to producing medical marijuana in both Denmark and Germany, Marijuana Business Daily has confirmed.…
News July 20
Flurry of investor interest in Arizona sparked by prospect of recreational marijuana legalization
Investors and cannabis companies are jockeying for a stake in Arizona’s $750 million-plus marijuana market in advance of a likely adult-use legalization ballot initiative in November.
News July 20
How marijuana companies can prepare for the dawn of federal legalization
Though U.S. cannabis entrepreneurs might be skeptical that federal marijuana reform will happen anytime soon, experts say it’s not too early to prepare for that monumental event.
News July 19
Week in Review: Israel’s impressive cannabis import totals, sizzling marijuana sales, social equity guidelines & more
The world’s largest importer of cannabis flower is … Israel surpassed Germany in 2020 as the top global importer of cannabis flower. As of mid-2020, German flower imports totaled a…
News July 18
Massachusetts marijuana corruption trial pushed until early 2021
The trial of a former Massachusetts mayor accused of trying to extort $600,000 from at least four prospective marijuana businesses was delayed for a second time because of the coronavirus…
News July 17
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