Month: November 2020

Arkansas’ slow-starting medical marijuana market is growing, with more than 80% of the state’s dispensaries now open and sales reaching a cumulative total of $187 million since the program launched in May 2019. That $187 million figure represents more than 28,674 pounds of cannabis sold since the program debuted, accordingContinue Reading

Vancouver-based Zenabis Global has reached a conditional agreement for the sale of its facility in Delta, British Columbia, for what appears to be half of the original listing price. The conditional deal comes as large Canadian marijuana producers look to unload indoor and greenhouse cultivation properties to reel in industry-wideContinue Reading

A working group in Virginia is estimating it will take up to five years for a recreational marijuana program to get established in the state. VA recreational marijuana market would need 5 years to mature, report says is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news forContinue Reading

A court ruling in New Jersey could prompt regulators to resolve some of the lingering litigation over medical cannabis licensing in advance of the launch of a recreational marijuana program in the state. New Jersey court tosses medical cannabis licensing issue back to state is a post from: Marijuana BusinessContinue Reading

After delaying until after the election, Democrats are bringing the MORE Act to the floor. The post Historic Congressional vote to legalize marijuana is expected later this week appeared first on Leafly. Read More: Historic Congressional vote to legalize marijuana is expected later this weekContinue Reading

The U.S. House of Representative is scheduled this week to take up legislation to legalize marijuana federally, a landmark step that could mark the first time a full congressional chamber has voted to end the federal government’s MJ prohibition. US House poised to act this week on landmark marijuana legalizationContinue Reading

Aurora Cannabis says it’s pausing operations at its Sun greenhouse in Medicine Hat, Alberta, “indefinitely.” The closure represents the latest casualty after the industry significantly overshot the production capacity needed to meet demand in Canada’s expanding adult-use marijuana market. Those greenhouse deals ultimately led to direct real estate losses for Canadian producers worthContinue Reading