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Big Tobacco and Alcohol and Marijuana

Marijuana sector needn’t fear Big Alcohol, Tobacco – yet

There has been a flurry of business activity this year by several multibillion-dollar companies in the alcohol and…

News December 12
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Marijuana firm Cresco Labs posts $3.9 million net income in third quarter

Chicago-based Cresco Labs posted $3.9 million in net income in its fiscal third quarter, reversing its year-ago loss of…

News December 11
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Massachusetts cannabis shops cap customer purchases amid limited supply

Massachusetts’ two recreational marijuana retailers are putting a cap on the amount of marijuana customers can buy. Cultivate…

News December 11

Farm Bill agreement allows nationwide hemp cultivation for any use – including CBD

A long-awaited end to five decades of hemp prohibition has been approved by a House-Senate panel, opening the…

News December 11
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California regulators OK statewide marijuana delivery in draft of final rules

In the final drafts of California’s cannabis business regulations, regulators approved statewide marijuana deliveries, even in areas that…

News December 11
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Oklahoma’s medical cannabis market set for major growth, with business competition fierce

Oklahoma broke the mold with its new medical marijuana program: The state has no numerical cap on business…

News December 11
Dixie Brands

Infused cannabis product maker Dixie Brands posts $2.4 million loss in third quarter

Denver-based Dixie Brands reported a net loss of $2.4 million in its fiscal third quarter, even though revenues…

News December 10
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Photo by Michael Benz, Michigan

Michigan approves 24 more medical marijuana licenses

Michigan regulators approved 24 more medical cannabis operating licenses under a new regulatory framework, according to an email sent…

News December 10
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Maryland’s medical cannabis sales hit $96 million in first year

Maryland’s medical marijuana industry brought in $96.3 million during its first year of operation. MMJ sales began in…

News December 10
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Chart: Significant challenges await Iowa’s new medical cannabis program

Here's why the financial viability of Iowa’s newly launched medical marijuana program may be in question.

News December 10
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