Maine

Oregon cannabis harvest floods market again, driving prices even lower

Oregon cannabis harvest floods market again, driving prices even lower More than a million pounds of marijuana flooded an oversaturated Oregon market last October, keeping prices low and further straining burdened cannabis businesses. Oregon’s marijuana cultivators harvested more than 2.5 million pounds of wet cannabis last October, with 1.3 million pounds of “usable” marijuana entered […]

Oregon approves medical cannabis deliveries in banned areas, raises buy limits

Oregon approves medical cannabis deliveries in banned areas, raises buy limits Oregon regulators will allow medical marijuana to be delivered to patients who live in areas of the state where licensed cannabis activity is prohibited and also increase the daily purchase limits for MMJ cardholders. The rules approved by the state Liquor Control Commission go […]

Washington state cannabis retailer charged with illegally offering free samples

Washington state cannabis retailer charged with illegally offering free samples Washington state regulators claim that a marijuana store in Lacey gave undercover officers the opportunity to take free samples and try the product in an unlicensed portion of the building. Enforcement officers with the state’s Liquor and Cannabis Board (LCB) searched the building containing Dank’s […]

Oregon needs one separate agency to regulate cannabis, report finds

Oregon needs one separate agency to regulate cannabis, report finds Oregon’s cannabis industry needs to be regulated by one independent agency instead of three separate bodies, according to a report drafted by the Oregon Cannabis Commission. The study concluded that having the marijuana industry regulated by three government agencies creates the potential for conflict and […]

Chart: Declines in wholesale prices hammer major recreational cannabis markets

Chart: Declines in wholesale prices hammer major recreational cannabis markets Wholesale cannabis prices in recreational markets across the United States have fallen precipitously compared to last year, while prices in major medical markets are proving more resilient. According to figures provided by Cannabis Benchmarks, a Connecticut-based provider of wholesale marijuana pricing data, wholesale cannabis prices […]

Judge dismisses Oregon lawsuit aimed at overturning state marijuana legalization

Judge dismisses Oregon lawsuit aimed at overturning state marijuana legalization A federal judge has dismissed a lawsuit filed by Josephine County against the state of Oregon over legalized cannabis. The suit, filed in April, contended the federal law that prohibits marijuana pre-empts Oregon’s law legalizing cannabis for commercial sales. U.S. District Court Judge Michael McShane […]

Oregon cannabis retailer accuses grower of theft, harassment after falling out

Oregon cannabis retailer accuses grower of theft, harassment after falling out An Oregon marijuana retailer is seeking $3.3 million in damages in lawsuits filed against a former grower and business partner for alleged defamation, trademark infringement and online harassment. Oregrown filed the suits against Justin Crawn after a dispute between the parties over multiple crop […]

Some outdoor marijuana growers finding success using all-natural, ‘closed-loop’ approach

Some outdoor marijuana growers finding success using all-natural, ‘closed-loop’ approach There are many ways for indoor and greenhouse marijuana growers to be sustainable, but few types of grows are more environmentally friendly and inexpensive to run than an outdoor, closed-loop farm. On a closed-loop farm, everything on the premises goes back into the land. For example, […]

Oregon medical marijuana operator sentenced seven months for federal tax crimes

Oregon medical marijuana operator sentenced seven months for federal tax crimes A part-owner and operator of two medical marijuana dispensaries in Oregon was sentenced to seven months in prison Monday, marking what a prosecutor called the country’s first federal sentencing of a legal MJ business owner for tax crimes. Matthew Price also was ordered to […]

Oregon regulators revoke cannabis grow license for seed-to-sale violations

Oregon regulators revoke cannabis grow license for seed-to-sale violations Oregon marijuana regulators canceled the license of a grower with an operation linked to a butane honey oil explosion that burned two people. According to The Bulletin, the Oregon Liquor Control Commission (OLCC ) announced that High Cascade Farms in Deschutes County is having its recreational […]

Growers: Western marijuana prices are down amid strong harvest, despite high demand

Growers: Western marijuana prices are down amid strong harvest, despite high demand The marijuana harvest is underway and growers in several western states are reporting a bumper crop, but it’s coming at a time when supplies already are abundant and MJ prices are falling by double-digit percentages in some markets. Growers in five states with medical […]

Decision day for New Jersey? $1.5 billion recreational cannabis market at stake

Decision day for New Jersey? $1.5 billion recreational cannabis market at stake New Jersey lawmakers could vote as soon as Monday on whether to legalize adult-use marijuana, with hundreds of millions of dollars of new cannabis business opportunities at stake in the decision. Marijuana Business Daily projects a legal recreational industry in New Jersey could potentially generate […]

New York medical cannabis businesses fighting for priority in adult-use market

New York medical cannabis businesses fighting for priority in adult-use market New York’s medical marijuana companies are fighting to get a first crack at any new recreational market when one is finally created, and they may be making some progress in their efforts. The adult-use draft bill from Gov. Andrew Cuomo’s office raised concerns among […]

Record-setting acquisition hits US marijuana industry and more of the week’s top news

Record-setting acquisition hits US marijuana industry and more of the week’s top news Record-setting acquisition hits US marijuana industry and more of the week’s top news is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Laura Hamiltonhttps://mjbizdaily.com/record-setting-acquisition-hits-u-s-marijuana-industry-top-cannabis-news/

State marijuana reforms could spark tens of millions of dollars in business opportunities

State marijuana reforms could spark tens of millions of dollars in business opportunities Pro-cannabis legislative reform has advanced in a number of states in 2018, with major business developments occurring in Florida, Pennsylvania, New Jersey and other markets. The legislative changes and resulting program expansions could potentially boost medical marijuana sales by tens of millions […]

Chart: Timeline for launch, projected sales in seven new marijuana markets

Chart: Timeline for launch, projected sales in seven new marijuana markets More than 60% of the U.S. population now lives in states that have legalized some form of marijuana use and sales, illustrating both the rising acceptance of cannabis nationwide and the industry’s immense potential for future growth. Several medical marijuana and recreational programs have […]

Maine lawmakers overrule governor, paving way for new medical marijuana reform

Maine lawmakers overrule governor, paving way for new medical marijuana reform Maine’s legislators on Monday voted to override Gov. Paul LePage’s vetoes of two medical marijuana bills. The move is a big win for MMJ businesses in the state since it gives them more say in how they operate as well as more flexibility, Sen. Eric Brakey, […]

Maine medical cannabis industry set to expand if governor doesn’t veto

Maine medical cannabis industry set to expand if governor doesn’t veto Legislation that would expand Maine’s medical cannabis industry from eight dispensaries to 14 over the next three years and possibly boost sales significantly is headed to Gov. Paul LePage after lawmaker approval this week. It’s unclear, though, what LePage will do. The governor, a vociferous […]

Maine proposal would give local governments more say over marijuana businesses

Maine proposal would give local governments more say over marijuana businesses A proposed amendment to a sweeping medical marijuana regulatory overhaul in Maine would give local governments much more power over the cannabis industry and may result in widespread closures of caregiver shops that have sprouted up across the state. According to the Portland Press […]

Canadian company cancels $8.3 million deal to buy Maine marijuana grow operation

Canadian company cancels $8.3 million deal to buy Maine marijuana grow operation Canada-based C21 Investments has nixed a deal to spend up to $8.3 million for a cultivation operation in Maine that subsequently was linked to an alleged black-market grow. The Bangor Daily News reported Tuesday the cancellation of the deal, which C21 had disclosed […]

Maine seeks cannabis consultant to advise on recreational, medical rules

Maine seeks cannabis consultant to advise on recreational, medical rules Maine put out feelers this week for a marijuana consultant to write regulations to launch the state’s recreational marijuana market and implement a new law governing medical cannabis. The state Department of Administrative and Financial Services issued a request for proposals for a cannabis consultant to […]

Maine extends deadline for marijuana rulemaking consultants to apply

Maine extends deadline for marijuana rulemaking consultants to apply Consultants seeking to guide Maine state agencies as they craft adult-use cannabis regulations and review the medical marijuana program now have until Nov. 8 to turn in their applications. The previous deadline was Nov. 1 Mainers in 2016 voted to allow adult-use possession and retail sales […]

Maine’s recreational cannabis timeline in flux after consulting firm let go

Maine’s recreational cannabis timeline in flux after consulting firm let go Maine’s timeline for launching sales of adult-use marijuana is uncertain now that the state has withdrawn from a contract with BOTEC, a Los Angeles consulting firm hired to help craft the program’s rules. The renewed uncertainty poses yet more logistical and financial hurdles for […]

Maine seeks new consultant to draft adult-use marijuana program’s rules

Maine seeks new consultant to draft adult-use marijuana program’s rules Maine released a request for proposals this week that said it’s again looking for a consultant to help put a regulatory structure in place for the state’s long-delayed, adult-use cannabis marketplace. Last week, Maine upended the state’s timeline for legal marijuana sales when it withdrew […]

ME nixes contract with Metrc, opens bids for marijuana seed-to-sale software

ME nixes contract with Metrc, opens bids for marijuana seed-to-sale software Maine is withdrawing its $150,000 contract with Florida-based Franwell – the maker of cannabis seed-to-sale tracking software Metrc – because the state is concerned the deal could draw a challenge that results in a delay of recreational marijuana sales. The state’s new Office of Marijuana Policy […]

Medical cannabis sales in Maine drop for second year in a row

Medical cannabis sales in Maine drop for second year in a row Medical marijuana sales declined in Maine for the second straight year, a decrease that some dispensary owners blame on unfair competition both from the black market and patients growing their own product. According to the Portland Press Herald, tax data shows the state’s […]