New Market: Ohio medical cannabis program set to be big, but license rules could curb growth

By Bart Schaneman

Ohio’s medical cannabis program is expected to be large, generating upwards of $400 million in annual dispensary sales.

But possibly stringent regulations governing the number of dispensary licenses could limit patient access and curb the industry’s growth potential, industry officials said.

New Market: Fierce competition for licenses in Pennsylvania’s emerging MMJ program

By Bart Schaneman

Pennsylvania’s medical marijuana market is positioned to become a large one, but the business opportunities will be limited with hundreds of applicants from across the nation expected to compete for a finite number of licenses.

New Market: Hawaii’s MMJ industry to benefit from readily available patient pool

By Bart Schaneman

A well-established patient pool should allow Hawaii’s eight licensed medical marijuana companies to hit the ground running – once they harvest and process their first crop of cannabis, which is expected this year.

New Market: Florida’s big MMJ program could be limited by lack of licenses

Florida’s new medical marijuana market is poised to become one of the largest in the nation, yet a limited number of available MMJ business licenses could hinder the program’s growth.

Seventy-one percent of Florida voters last month approved Amendment 2 to legalize a much broader MMJ program in the nation’s fourth most populous state.

New Market: Montana’s MMJ industry rising from the ashes, awaiting major changes

The campaign to revive Montana’s medical marijuana industry has succeeded, but state lawmakers still need to write the many rules that will govern businesses in a market that must be rebuilt.

Texas bill would legalize full-strength medical marijuana

A Texas lawmaker has introduced a bill that would expand the state’s current CBD program to include full-strength medical marijuana and additional qualifying conditions, which could create a massive new MMJ market.

New Market: Humble beginnings expected for North Dakota’s medical marijuana industry

By Bart Schaneman

North Dakota’s new medical marijuana market – made possible by the Nov. 8 election – is expected to be one of the smallest in the nation, with estimated annual dispensary sales eventually reaching $10 million-$20 million.