Oklahoma medical marijuana dispensaries rang up record sales in April, despite the coronavirus pandemic’s chilling effect on the national and global economies. According to The Oklahoman, an analysis of state tax collections revealed that medical marijuana patients each spent almost $217 for MMJ last month, for a total of aroundContinue Reading
Los Angeles-based MedMen Enterprises temporarily closed five of its eight Florida medical marijuana dispensaries on May 3, according to the company’s website. A spokesperson for the multistate marijuana operator didn’t offer much clarity on the closures, which were first reported by Florida Politics. “We cannot provide comment at this time, but as soonContinue Reading
Recreational cannabis sales in Illinois totaled $37.3 million in April as the state continued to experience strong activity even amid the first full month of a coronavirus-fueled, shelter-in-place order. April sales marked the second-highest monthly total for Illinois’ rec program since it launched on Jan. 1, the Chicago Tribune reported. Adult-use sales inContinue Reading
Count the California marijuana industry’s legislative agenda among the victims of the coronavirus. Although the state Assembly reconvened on Monday after the entire legislative session was suspended in mid-March because of the pandemic, the state Senate won’t return until May 11. And it’s clear there is only one major priorityContinue Reading
Multistate operator Ethos Cannabis said Tuesday it reached a deal with a competing MSO, 4Front Ventures, to purchase the rights to seven medical marijuana dispensaries in Maryland and Pennsylvania. Terms of the deal were not disclosed. But the acquisition comes on the heels of Arizona-based 4Front’s announcement that it netted $18Continue Reading
MediPharm Labs Australia agreed to supply a company in New Zealand with white label medical cannabis oil products. New Zealand’s medical cannabis scheme commenced in April. But until the country’s domestic producers are licensed and fully operational, New Zealand will rely on imports to meet demand. New Zealand company CannasouthContinue Reading
Gone are the Reefer Madness days of cannabis prohibition and fearmongering, replaced instead with a more positive public who enjoys their weed and supports legalization. This change brings a new wave of curious enthusiasts all looking to increase their cannabis cultivation skills — to grow their own plants via educationalContinue Reading
Brazil had no pending applications to register medical marijuana products as of the end of April, an indication that companies might be struggling to meet new pharmaceutical-level requirements introduced last December. “So far, only one application for Sanitary Authorization has been received, and it was already published (approved) on AprilContinue Reading
While the COVID-19 pandemic continues to dampen adult-use marijuana sales in most U.S. markets, Washington state experienced its strongest month of cannabis sales yet – highlighting the diversity of legal markets. According to point-of-sale data provided by Seattle-based Headset, April 2020 recreational marijuana sales in Washington state eclipsed $106 million,Continue Reading
