Arizona’s medical marijuana market grows towards maturity

Patient growth in Arizona’s vast medical cannabis industry shows signs of slowing as the market matures. From January 2018 to November 2018, Arizona added more than 27,000 new patients, boosting patient counts 17% to above 183,000. While this helps the state maintain its status as one of the nation’s largest medical marijuana markets, Arizona is […]

North Dakota medical cannabis sales kick off in Fargo

North Dakota’s first medical marijuana dispensary opened for business Friday in a Fargo mini-mall, but potential customer numbers remain relatively low. The state began accepting applications in October from residents for medical marijuana cards, but only 122 people were certified as of this week, according to state regulators. North Dakota expects that number to climb […]

Growth slows for German medical cannabis market in third quarter

Demand for medical marijuana in Germany continued to increase in the third quarter, albeit at a slower pace than the previous quarter. Total cannabis sales covered by statutory health insurance surpassed 50 million euros ($56.8 million) in the first nine months of 2018, with all categories of allowed medical cannabis posting gains between the second […]

Michigan governor eliminates medical marijuana licensing board

Published March 1, 2019 Michigan Gov. Gretchen Whitmer is abolishing the board that considers medical cannabis licenses, a decision she based on the group’s struggle to make timely decisions. A new body – the Marijuana Regulatory Agency – will conduct the licensing for both the medical cannabis market and the state’s emerging recreational marijuana program, […]

Massachusetts recreational marijuana sales soar despite obstacles

Massachusetts dispensaries rang up $9.3 million in recreational marijuana sales during the first four weeks of operation, an impressive feat considering only two stores were selling adult-use cannabis during the bulk of this period. Compared with the first month of rec sales in other states, Massachusetts had lower gross sales but far fewer operating dispensaries […]

California begins accepting grant applications from cities, counties for social equity

Published March 1, 2019 | By John Schroyer California state marijuana regulators announced Friday they are accepting grant applications from cities and counties that are implementing social equity programs for local cannabis businesses. The state’s Bureau of Cannabis Control (BCC) will award $10 million to qualifying jurisdictions by June 30 as part of a growing […]

Maryland’s first-year medical cannabis sales approach $100M

Published January 7, 2019 | By Maggie Cowee Maryland’s slow-to-start medical marijuana industry made up for lost time, zooming toward $100 million in first-year sales. Maryland brought in $95.4 million in dispensary sales between Dec. 1, 2017, and Nov. 30, 2018, averaging 21% monthly growth and peaking in November at $13.8 million. That total surpassed […]

Colorado lawmakers move to open marijuana markets to capital, outside investors

Colorado’s $1.5 billion-a-year marijuana industry appears on the threshold of opening its recreational and medical markets to a potential rush of outside investors and capital, almost a year after former Gov. John Hickenlooper shot down similar legislation. Bipartisan legislation that would allow publicly held companies to both invest in and hold marijuana licenses in Colorado […]

Multistate cannabis operators rapidly expanding into new markets

Published January 14, 2019 | By Maggie Cowee The fragmented, state-by-state nature of the marijuana industry historically has been dominated by small, local players, but larger, publicly traded companies with multistate operations are becoming an increasingly prevalent force. Rapid consolidation and expansion among cannabis companies dominated 2018 with more than 300 mergers and acquisitions and […]

CA, AZ cannabis retailers with same name headed to court over trademark

Two marijuana companies both named “Harvest” are heading to court over the rights to the title, and both are claiming trademark protections for their respective companies. The case is far from the only cannabis dispute over a company name. One key to the Harvest case may be that the California-based company has a state trademark […]