Day: June 19, 2020

On:

Virginia regulators voted to rescind the medical marijuana dispensary license held by embattled multistate cannabis company MedMen Enterprises in the town of Staunton, less than a month after the state’s governor signed a bill to legalize MMJ. The conditional license was originally granted to Chicago-based PharmaCann, with whom MedMen wasContinue Reading

On:

Retail cannabis sales in Canada declined only slightly despite the COVID-19 pandemic, falling 0.6% from March’s record high to 180.1 million Canadian dollars ($132.7 million) in April. The new monthly retail sales data from Statistics Canada bode well for Canada’s cannabis industry, showing continued demand for regulated adult-use marijuana evenContinue Reading

On:

A group behind legalizing recreational marijuana in Montana said it is submitting for verification roughly 52,000 signatures – more than double the required amount – to qualify a November ballot initiative that would regulate and tax adult-use MJ sales in the state. New Approach Montana started collecting signatures May 9,Continue Reading

On:

Insurance reimbursements for medical cannabis in Germany continue to reach fresh quarterly records, according to new data for the January-March period. In the first quarter of 2020, total reimbursement of cannabis and marijuana-related medicines reached 38.9 million euros ($43.7 million), the German National Association of Statutory Health Insurance Funds (GKV-Spitzenverband)Continue Reading