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MedMen temporarily shutters five medical cannabis outlets in Florida
Los Angeles-based MedMen Enterprises temporarily closed five of its eight Florida medical marijuana dispensaries on May 3, according to the company’s website. A spokesperson for the multistate marijuana operator didn’t offer…
News May 5
Illinois adult-use marijuana sales strong despite coronavirus ‘headwinds’
Recreational cannabis sales in Illinois totaled $37.3 million in April as the state continued to experience strong activity even amid the first full month of a coronavirus-fueled, shelter-in-place order. April sales…
News May 5
Most California marijuana industry legislative priorities likely dead for the year due to COVID-19
Count the California marijuana industry’s legislative agenda among the victims of the coronavirus. Although the state Assembly reconvened on Monday after the entire legislative session was suspended in mid-March because…
News May 5
Ethos Cannabis buys seven MMJ dispensaries from 4Front Ventures
Multistate operator Ethos Cannabis said Tuesday it reached a deal with a competing MSO, 4Front Ventures, to purchase the rights to seven medical marijuana dispensaries in Maryland and Pennsylvania.
News May 5
MediPharm Labs Australia inks deal to supply New Zealand with medical cannabis
MediPharm Labs Australia agreed to supply a company in New Zealand with white label medical cannabis oil products. New Zealand’s medical cannabis scheme commenced in April. But until the country’s…
News May 5
Quality requirements a challenge for companies seeking to register medical cannabis products in Brazil
Brazil had no pending applications to register medical marijuana products as of the end of April, an indication that companies might be struggling to meet new pharmaceutical-level requirements introduced last…
News May 5
Chart: Adult-use cannabis markets see uneven impact in April from coronavirus crisis
While the COVID-19 pandemic continues to dampen adult-use marijuana sales in most U.S. markets, Washington state experienced its strongest month of cannabis sales yet - highlighting the diversity of legal…
News May 5
Dozens of states OK telemedicine for medical marijuana recommendations
More states are allowing medical marijuana patients to obtain or renew doctors' recommendations via telemedicine so they can continue purchasing MMJ, a move that could support sales during the coronavirus pandemic.
News May 4
Cannabis firm 4Front raises $22 million via license sales, new debt
Multistate marijuana operator 4Front Ventures said it netted $18 million from the sale of its stake in cannabis retail licenses in Maryland and Pennsylvania and raised an additional $4 million…
News May 4
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