Maryland’s opening application round for adult-use social equity marijuana business licenses got off to a belated but booming start with 1,708 applicants seeking 179 available permits.
Only 24.4% of businesses in the U.S. cannabis sector report they are profitable, according to a new report by Oregon-based cannabis data and research company Whitney Economics, further underlining the industry’s struggles.
A federal judge in Arkansas dismissed several claims by a medical marijuana dispensary applicant, including tortious interference and racial discrimination during the state’s license-evaluation process.
Florida regulators announced that 22 new medical marijuana business licenses will be awarded that “could double the size” of the state’s MMJ market.
An Arkansas medical marijuana cultivator is appealing to the state Supreme Court over a growing permit that was deemed invalid by a judge earlier this month.
Four social equity license applicants in Connecticutsare proceeding with their applications to serve the state’s upcoming $250 million adult-use cannabis market, regulators said.
Detroit regulators received 90 applications for the 60 recreational marijuana business licenses available in the city’s first phase of licensing.
After years of waiting, Detroit is now accepting applications for adult-use cannabis business licenses for retailers, microbusinesses, and consumption lounges.
The application window for adult-use business licenses opened Sept. 1 and closes Oct. 1.
It will cost $2,500 for entrepreneurs to apply for medical cannabis business licenses in Alabama, and the application window opens Sept. 1.
Roughly 200 marijuana operators signed a petition asking Illinois regulators to alter a policy that prohibits adult-use store owners with conditional licenses from selling equity in their businesses until they are eligible to begin retail sales.
The number of medical marijuana storefronts in Ohio could soon more than double after the state’s pharmacy board approved 70 provisional dispensary licenses.
Arizona regulators sent notices of intent to revoke the licenses of two marijuana testing laboratories for allegedly using procedures that could inflate product potency results.
