Arkansas medical marijuana sales hit $10 million since Jan. 1

Arkansas medical marijuana dispensaries sold $10 million in the first six weeks of 2020, according to state data released Friday. <!– if (!window.AdButler){(function(){var s = document.createElement(“script”); s.async = true; s.type = “text/javascript”;s.src = ‘https://servedbyadbutler.com/app.js’;var n = document.getElementsByTagName(“script”)[0]; n.parentNode.insertBefore(s, n);}());} var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || []; var abkw = window.abkw || […]

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Ontario considers cannabis lounges, cafes as part of future open market

TORONTO — Premier Doug Ford’s government said it is considering allowing cannabis lounges and cafes as it moves toward an open market for pot in Ontario, and is asking the public to weigh in on the proposal. The government said Monday it will consult on the possibility of so-called “consumption venues” as well as special occasion permits […]

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Australia expects cannabis prescriptions will more than double to 70,000 this year

Australian health regulators expect the number of medical cannabis prescriptions will climb to at least 70,000 in 2020 at the current rate of growth, but local experts predict the final number could be much higher. That’s more than double the 30,000 approvals through the end of 2019, which the health ministry says roughly equates to […]

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Legal dabbable extracts – Why misconstrued potency shortfalls cannabis customers

Although dried cannabis flower became available back in 2018 with federal legalization, consumers were forced to wait over a year for the release of any vaping products. Over the past month, vape pens have slowly begun to hit the market, but in contrast, there is still little to no dabbable extracts for sale legally – […]

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Nepal lawmakers seek to legalize growing, using marijuana

KATHMANDU, Nepal — Ruling party lawmakers have proposed legalizing marijuana in Nepal, where it has been used for generations and was famed during the counterculture ’60s. Forty-six members of the ruling Communist Party of Nepal filed the proposal in Parliament to legalize the production and use of marijuana, party lawmaker Birod Khatiwada said Monday. He […]

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Maine adult-use cannabis business applications double

Almost 170 prospective recreational cannabis operators have applied for business licenses in Maine, where adult-use marijuana sales are expected to begin this spring. That is more than twice the number of applications Maine had received by the middle of December. <!– if (!window.AdButler){(function(){var s = document.createElement(“script”); s.async = true; s.type = “text/javascript”;s.src = ‘https://servedbyadbutler.com/app.js’;var n […]

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Ontario weighs cannabis consumption lounges, special-occasion permits

(This story has been updated with commentary from lawyer Trina Fraser.) Ontario’s government is asking businesses and other stakeholders whether it should consider regulating cannabis consumption for lounges and cafes as well as offering special-occasion permits for festivals and concerts. The feedback period ends March 10. <!– if (!window.AdButler){(function(){var s = document.createElement(“script”); s.async = true; s.type […]

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California wholesale marijuana flower prices holding steady on lack of licenses, growing demand

(This is the fourth in a series of stories from Marijuana Business Daily examining wholesale prices in U.S. recreational marijuana markets.Part 1 covered Nevada, Part 2 Washington state and Part 3 Oregon.) California cannabis growers report a favorable wholesale market with increasing demand despite a lack of retail outlets and continued opposition to legal recreational […]

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Too Few Green Lights for Smaller Cannabis Growers, Say Producers

The hippie cachet and seaside accents of Alex Rumi’s craft-grown bud have proven such a hit in Alberta, retailers and consumers can’t get enough, the producer says. “Retailers have had a hard time keeping it on the shelves,” said Rumi of the fruits of Good Buds, which boasts both indoor and outdoor organic grow operations […]

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Returned Product a Hidden Challenge for Cannabis Companies

Soon after cannabis products started flying off shelves following legalization, Canopy Growth Corp. had a $26.9 million problem. The Smiths Falls, Ont.-based company told investors and analysts during a November conference call to discuss its financial results that it was grappling with $20.5 million worth of product being returned from provincial retailers and bracing itself […]

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