Illinois hands out three more adult-use cannabis licenses, two in Chicago

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Massachusetts paves way for sales of medical cannabis vaping products

Massachusetts cannabis regulators decided not to extend a ban on vaping products for the medical cannabis market, setting the stage for at least some products to be sold again on Nov. 12. A Massachusetts judge earlier ruled that only the Massachusetts Cannabis Control Commission could extend the governor’s ban. The five-member commission voted instead to develop vaping-related regulations.

New York police mistake Vermont hemp for marijuana

New York police seized what it believed to be 106 pounds of marijuana and arrested the buyer of the shipment. But Vermont-based Fox Holler Farms, which shipped the product, contends the product is legal hemp, not marijuana.

Competition increasing for CBD producers seeking shelf space

With more than 1,000 CBD products on the market, it will be challenging for companies selling their wares in natural-food stores to provide consistent revenue growth and profits, according to Craig Behnke, equity analyst for MJBizDaily’s Investor Intelligence.

To read more about this topic as well as analysis and in-depth looks at the investment trends and deals driving the cannabis industry forward, sign up for our premium subscription service, Investor Intelligence.

Illinois hands out three more adult-use marijuana licenses

Illinois awarded three more medical marijuana retailers licenses to sell recreational cannabis, including two in Chicago. There are now 14 medical marijuana dispensaries in Illinois that can sell recreational cannabis when legal sales begin Jan. 1, the Chicago Tribune reported.

Louisiana medical cannabis patients priced out of market

Some medical marijuana patients in Louisiana’s 3-month-old MMJ market are finding they can’t afford therapeutic cannabis, pricing them out of a market for which they have waited years.

– Associated Press

MA mayor facing marijuana corruption charges defeated

The Massachusetts mayor charged with extorting hundreds of thousands of dollars from marijuana companies was ousted in his attempt to retain his seat in the city’s election Tuesday. Incumbent mayor Jasiel Correia was overwhelmingly defeated by Paul Coogan.

– Associated Press

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