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New York’s Marijuana Regulation and Taxation Act: What About Medical Marijuana?!

In all of the hubbub over New York’s legalization of adult-use (i.e. recreational cannabis), not a lot of ink has been spilled over the expansion of New York’s medical cannabis program. As a brief refresher, New York first legalized medical cannabis in 2016. Since then, only 10 organizations (ROs), have been issued registrations. We are …

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Retail shakeout expected as Ontario heads toward 1,000 cannabis stores

Ontario is projected to reach 1,000 licensed marijuana retailers by the end of this summer, marking a key growth milestone in Canada’s largest provincial cannabis market. That rapid market expansion, however, could lead to a thinning of the herd, with a number of Ontario store operators telling MJBizDaily they expect a significant shakeout among retailers. …

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Marijuana MSOs report stellar financials; megamergers could heat up

U.S. marijuana multistate operators reported banner revenue growth in the first three months of this year, boosted by good execution and strong consumer demand in established and newer markets. Many reported double-digit revenue growth in the first quarter 2021 versus the fourth quarter of 2020 and, in several cases, staggering year-over-year growth. Gross profit margins …

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What is Cannabis Micropropagation and Why is It Important?

Micropropagation is a fantastic technique that helps plant growers produce a large amount of new plants without requiring as many parent plants. With the benefits of micropropagation, growers are able to enjoy larger yields of the same plants with the same predictable characteristics. This technique has been used by nurseries and agricultural businesses for a …

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Discover CBD and Their ACTIVE Brand are Legendary, But How Did They Get Started?

The best advice I can give anyone who is starting any business is to make sure that you are ready for the financial responsibility of establishing yourself. There are a lot of steps to starting a successful business and those steps become more complex when dealing with the uncertainty and inconsistencies of the cannabis industry. …

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South Dakota medical cannabis market may face reluctant doctors

South Dakota’s physicians are divided about recommending medical cannabis, an issue that could constrain the development of a market in the state. The South Dakota State Medical Association was a vocal opponent of the 2020 voter-approved measure, and its president reiterated concerns during a legislative committee meeting this week, the Associated Press reported. Other politically …

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Southern California marijuana farmers notch legal victory

Marijuana growers in California’s famed wine region of Santa Barbara County scored a major legal victory in court over opponents of the growing cultivation sector who had sought to curtail a 22-acre farm, a move that could have had major repercussions for other growers in the area. According to the Santa Barbara Independent, a county …

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Florida’s high court upholds medical marijuana vertical licensing and caps

The Florida Supreme Court on Thursday left the state’s medical marijuana licensing system intact, deciding that a constitutional challenge to vertical integration and license caps isn’t likely to succeed on its merits and handing a defeat to small businesses hoping to break into the market. The 6-1 decision means that state regulators of Florida’s $1 …

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Rhode Island pauses lottery for medical cannabis dispensary permits

Rhode Island cannabis regulators halted the lottery that would license six new medical cannabis stores in the state. The lottery was expected to take place in early 2021. However, the selection process is now on hold until at least August since one applicant filed an appeal after it was deemed unqualified, Providence TV station WPRI …

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