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Chart: Local approval in Michigan adult-use marijuana program creates uneven business opportunity

Michigan's strategy for adult-use cannabis businesses empowers localities to control their communities, but it creates disparate business opportunities within the state's market.

News January 7
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NM medical marijuana growers use too much water, agencies fear

Medical marijuana growers in New Mexico might be straining some local water supplies. The Peña Blanca Water and Sanitation District and Sile Mutual Domestic Water and Sewer Association wrote to…

News January 6
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Cannabis giant Harvest Health plans $87.5 million purchase

Harvest Health & Recreation, an Arizona-based multistate cannabis company, said Monday it is negotiating to pay $87.5 million in stock and debt assumption for Interurban Capital Group in Seattle.

News January 6
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High Times changes CEOs again as iconic cannabis brand seeks profitability

Hightimes Holding Corp. has reshuffled its chief executives, the latest development in the saga of a 46-year-old magazine publisher struggling to evolve into a mainstream, diversified cannabis company.

News January 6
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New Brunswick’s cannabis sales see slight improvement ahead of ‘system reset’

New Brunswick’s adult-use cannabis sales surpassed 26 million Canadian dollars ($20 million) for April 1-Dec. 1, 2019, according to recently released data on the province’s tenders portal. That means New…

News January 6
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Former Starbucks president takes Supreme Cannabis reins on interim basis

Supreme Cannabis Company has parted ways with another chief executive, with Navdeep Dhaliwal leaving the Toronto-based company effective immediately. Dhaliwal took over as CEO in September 2018. The board appointed…

News January 6
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Utah to award medical marijuana dispensary licenses

Utah health officials plan to award pharmacy licenses to 10 companies to dispense medical marijuana at 14 sites across the state.

News January 6
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Ontario’s cannabis processors, micros not barred from farm-gate retail

Ontario’s provincial cannabis law does not prohibit federally licensed processors and micro-class businesses from opening farm-gate stores, the Ministry of the Attorney General confirmed to Marijuana Business Daily.

News January 6
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Michigan recreational cannabis sales near $6.5 million in first month

Adult-use marijuana transactions in Michigan reached almost $6.5 million during the first month of legalized sales in the state. Recreational sales in Michigan, which kicked off on Dec.1. are expected to…

News January 6
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