Marijuana Dispensary & Cannabis Store News

Kentucky advances medical cannabis legalization bill

A Kentucky House committee on Wednesday overwhelmingly approved a bill that would legalize medical cannabis sales in the state. The legislation,?House Bill 136, was approved 17-1 by the House Judiciary Committee. One of the lead sponsors, Republican Rep. Jason Nemes, said he expects the full House of Representatives to pass the bill by a wide […]

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Many landlords will take cash from marijuana tenants, report says

About twice as many U.S. landlords will take cash for rent from cannabis companies than those who will not, according to a report from the National Association of Realtors. In states where both recreational and medical marijuana are legal, 41%-47% of the landlords will accept cash for rent, according to the report, “Marijuana and Real […]

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Another Louisiana grower set for initial medical cannabis harvest

Medical marijuana dispensaries in Louisiana could have a new MMJ product source as soon as March or April, with Southern University poised to begin harvesting its first crop next week. The Baton Rouge school’s medical marijuana cultivation partner, Ilera Holistic Healthcare, currently is cultivating 2,300 plants, The Advocate reported. Ilera began growing the plants in […]

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Weedmaps cracking down on illicit Michigan marijuana ads

Online cannabis advertising giant Weedmaps has?stopped accepting ads?from Michigan marijuana companies that can’t show proof they have valid state business license numbers. California-based Weedmaps also is allowing users to “flag” businesses that might not be licensed, a Weedmaps spokesperson told MLive.com. Michigan regulators asked Weedmaps in late December to honor a commitment?to quit accepting advertisements […]

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Acreage acknowledges MA cannabis contracts may violate state law

Acreage Holdings, one of the largest multistate cannabis operators in the U.S., appears ready to rewrite contracts with two MJ license applicants in Massachusetts in order to avoid violating a state law. The New York-based multistate operator said its contracts were “inoperable” after regulators warned the arrangements could violate a state law that prohibits a […]

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Illinois medical cannabis stores granted two-hour sales extension

Medical marijuana retailers in Illinois can?extend their hours of sales in the wake of complaints that MMJ buyers are at a disadvantage with the advent of recreational sales on Jan. 1. To try to alleviate that disadvantage, state?regulators are: Allowing stores to sell medical marijuana until 10 p.m. CT, two hours longer than the previous […]

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Maine adult-use cannabis business applications double

Almost 170 prospective recreational cannabis operators have applied for business licenses in Maine, where adult-use marijuana sales are expected to begin this spring. That is more than twice the number of applications Maine had received by the middle of December. The breakdown of the license applications is: 81 for retail stores. 64 for cultivation facilities. […]

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Week in Review: Aurora CEO departs, Whoopi Goldberg leaves medical cannabis firm, NM allows MMJ business tax deductions & more

Aurora’s Terry Booth exits the company, a big-name celebrity leaves the namesake medical marijuana retailer she co-founded, a New Mexico court allows MMJ business tax deductions –?and more of the week’s top cannabis business news. Another Canadian cannabis CEO departs Canadian multinational marijuana company Aurora Cannabis announced its chief executive stepped aside this week after […]

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Glut of Oklahoma medical marijuana dispensaries driving price wars

So many medical marijuana dispensaries have opened in Oklahoma that many?stores are slashing prices to stay competitive. The downward pressure on cannabis pricing has some dispensaries fearing for their future even as they brace for yet more possible business challenges that could result if the state enacts more cannabis regulations related to testing and labeling.

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Rhode Island governor wins battle over medical cannabis rules

Rhode Island Gov. Gina Raimondo signed into law a bill repealing lawmakers’ ability to veto medical marijuana and hemp regulations. The Democratic governor also said she is ending her lawsuit against the General Assembly over the issue, the Providence Journal reported. She had maintained the Legislature’s control over cannabis and hemp industries rules was unconstitutional. […]

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Boston’s first adult-use marijuana retailer could open in March

Massachusetts regulators on Thursday approved a business license for the first recreational cannabis store in Boston. The approval means Pure Oasis could open in about a month in Boston’s Dorcester neighborhood, co-owner Kobie Evans said. The Cannabis Control Commission’s licensing of Pure Oasis is the first for a recreational marijuana retailer under Massachusetts’?social equity program. […]

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