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Republican legislators urge key US senator to oppose marijuana banking
A dozen Republican members of the U.S. House of Representatives are urging U.S. Senate Banking Committee Chair Mike Crapo to oppose legislation that would allow financial institutions to provide banking services to the…
News February 18
Chart: New York’s medical marijuana program grows, but future business opportunity hinges on adult-use legalization
While New York’s medical cannabis patient registry increased by more than 23,000 in 2019, growth has slowed significantly because of various market factors leading to a low consumer participation rate.
News February 18
Nevada’s new cannabis regulatory board is taking shape
A former state Supreme Court justice and an ex-gambling regulator have been appointed to Nevada’s new state marijuana industry oversight board. Democratic Gov. Steve Sisolak announced that: Retired Justice Michael Douglas will…
News February 17
Florida Cannabis Market Update: Trulieve’s THC share offsets CBD losses
Since January 2020, Trulieve has lost significant market share in milligrams of CBD sold, but the company is more than making up for that with increasing market share for THC…
News February 17
Iowa board rejects two medical marijuana conditions
In a setback for Iowa’s small and limited medical cannabis program, state regulators rejected recommendations to add two more qualifying conditions for those who could be treated with MMJ. The…
News February 17
Colorado cannabis firms top sponsors of highway advertising
Marijuana companies are now the single largest sponsors of Colorado highway cleanups, leveraging a loophole in the state’s strict limits on marijuana advertising. MJ companies are sponsoring two-thirds of the roads maintained…
News February 17
New Zealand hosts medical cannabis workshops for industry, aboriginal stakeholders
New Zealand regulators are hosting a series of workshops starting this week to give aboriginal and industry stakeholders the information they need to prepare applications for federal medical cannabis licenses…
News February 17
Approvals soar for outdoor cannabis cultivation in Canada, with 100-plus applicants in line
As a growing number of Canadian cannabis cultivators retreat from costly greenhouse expansions, more applicants than ever are readying lower-cost outdoor projects. The number of authorizations to cultivate marijuana outdoors…
News February 17
Prices for Colorado wholesale cannabis flower firm up in response to fewer growers, healthy demand
Colorado cannabis cultivators report strong prices for wholesale flower reflecting healthy demand and fewer growers after competition forced out weaker operators.
News February 17
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