Cannabis News Box

Michigan’s plant count rules may affect long-term potential of cannabis microbusinesses

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Bethan Rose Jenkins, Cannabis News Writer/Editorial

August 12, 2020

Concerns regarding the practicality of cannabis microbusiness licenses in Michigan are surfacing as of late, with state lawmakers now working to amend draft regulations that previously limited flowering plant production statewide. If the rules change, licensees participating in Michigan’s adult-use canna...

Arizona’s prospective recreational cannabis market is attracting investor interest

Arizona's prospective recreational cannabis market is attracting investor interest

Bethan Rose Jenkins, Cannabis News Writer/Editorial

August 12, 2020

When analysts pinned a $750 million valuation on Arizona's medical cannabis market, investors and "cannapreneurs" quickly started wondering how much a prospective recreational market could be worth in the conservative state. If all goes well this November, we will soon find out.  On Monday, Augu...

Nevada regulators slam cannabis company with $1.25 million fine, investigate three other businesses

Nevada regulators slam cannabis company with $1.25 million fine, investigate three other businesses

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 31, 2020

The state of Nevada just got its very own Cannabis Compliance Board, which didn't waste in time in punishing wrong-doers. During the Board's inaugural meeting on Tuesday, July 21, vertically-integrated cannabis operator CWNevada was penalized for violating various regulations set out by the state. Based ...

Curaleaf closes its Grassroots deal to expand operations across 23 states

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Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 31, 2020

Curaleaf's long-awaited acquisition of cannabis multistate operator Grassroots Cannabis was announced on Thursday, July 23. Grassroots, a privately-held company based in Chicago, has received  an undisclosed amount for the deal, which will see Massachusetts-based Curaleaf expand operations across 135 dispen...

Michigan’s bulging adult-use cannabis market encounters supply issues and limited municipal opt-ins

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Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 30, 2020

Michigan is seven months into its legal recreational cannabis market, which appears to be growing at a colossal rate. The initial month of sales – last December – totaled $7 million. Comparatively, sales in May 2020 soared to $39 million. Estimates from the Marijuana Business Factbook pinned Michi...

November ballot looks set to feature adult-use cannabis legalization in Arizona

November ballot looks set to feature adult-use cannabis legalization in Arizona

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 29, 2020

At the beginning of July, signatures backing an initiative to legalize recreational cannabis in Arizona were submitted to state officials. The proposed law, which is likely to be featured on the November ballot, would develop a regulated adult-use market. Pro-cannabis lobbyists at Smart and Safe Ari...

Illinois’ adult-use cannabis industry is successful, but strained by lack of supply

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Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 29, 2020

During the first six months of legal recreational cannabis sales in Illinois, the state managed to harvest $52 million in revenue. While it's clear that the market has thrived since the Cannabis Regulation and Tax Act was enacted in January, supply concerns are lingering for both the medical and adult-use markets. Something t...

Nashville DA says low-level cannabis prosecutions will be halted

Thor Benson

July 15, 2020

Nashville, Tenn. District Attorney Glenn Funk has announced the city will no longer be filing criminal charges against residents who are caught with less than half of an ounce of cannabis. The DA said that prosecuting these cases is not in the public interest and disproportionately harms communities of col...

Austin to stop arresting people for cannabis possession

https://www.marijuana.com/news/2017/05/texas-marijuana-reform-bill-heads-for-full-house-vote/

Thor Benson

July 14, 2020

Police officers in Austin, Texas will no longer be arresting people or citing them for possession of small amounts of cannabis. Austin City Council voted to stop enforcing laws against the possession of small amounts of cannabis earlier this year, but the police had initially resisted this change in policy....

Approved amendments to Los Angeles cannabis rules could stimulate policy reform

Approved amendments to Los Angeles cannabis rules could stimulate policy reform

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 13, 2020

An April lawsuit filed against the City of Los Angeles by Social Equity Owners and the Workers Association has since been dropped. The decision comes after officials agreed to begin processing additional applications last month. Initial approval to amend cannabis social equity and business licensing rules ...

The Nugg Club cannabis subscription box is capitalizing on COVID-19

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 10, 2020

As residents of the United States embrace the "new normal" that has rolled out amid the coronavirus (COVID-19) health crisis, cannabis companies are adopting new approaches to conveniently capture their target market. In particular, major success is stemming from subscription services. One such example i...

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