Week in Review: Cannabis ballot measures finalized, Florida gets edibles, capital raises rebounding & more

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A recreational marijuana legalization ballot measure in Arizona got the final go-ahead, while a medical cannabis legalization initiative in Nebraska is fighting to keep its place on the November ballot. MJBizDaily takeaway: It’s shaping up to be a six-state legalization race in November, with Arizona, Mississippi, Montana, Nebraska, New Jersey, and South Dakota all voting […] Week in Review: Cannabis … Read More

Full US House poised to vote on cannabis descheduling in September

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The full US House is expected to vote next month on a sweeping reform bill that would remove marijuana from the Controlled Substances Act, in what would be a historic development for the industry. House Democratic leadership is preparing for a vote on the social justice-focused Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2019, […] Full US House poised … Read More

Massachusetts landlord embraces marijuana tenant after suing another

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A Massachusetts shopping mall owner is doing an about-face on marijuana, and feeling some heat for it. Raj Dhanda, owner of the Crimson Galeria in Harvard Square, is providing space for an adult-use retail shop just three years after filing a federal suit to try to expel a medical cannabis operator from the Cambridge neighborhood. […] Massachusetts landlord embraces marijuana … Read More

Illegal cannabis expenditures at multiyear low in Canada, data shows

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Estimated expenditures on unlicensed adult-use cannabis fell to 785 million Canadian dollars ($600 million) in the latest quarter, almost half what they were before Canada legalized marijuana in late 2018. The Statistics Canada data shows that spending on recreational cannabis products via regulated channels reached CA$648 million in the same period. Estimated expenditures on cannabis […] Illegal cannabis expenditures at … Read More

Florida medical marijuana sales expected to rise as edibles approved

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Florida’s fast-growing, three-quarters-of-a-billion-dollar medical cannabis market is about to experience another surge in sales – this time from edibles. The state health department has issued long-awaited edible production rules, and medical cannabis operators already are champing at the bit. The expected boost to the market comes less than 18 months after Florida allowed the sale […] Florida medical marijuana sales … Read More

Quebec’s marijuana monopoly has relatively few stores, but why?

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Quebec has fallen far behind its nine provincial counterparts in terms of regulated cannabis stores per capita, limiting consumer access to brick-and-mortar stores in Canada’s second-biggest recreational marijuana market. The province is Canada’s largest by area and second-largest by population, with roughly 8.5 million people, or nearly a quarter of the country’s total population. Physical store openings appear … Read More