Oklahoma has prolonged its pause on new medical cannabis licenses until 2026, as reported by Tulsa World. The recent legislation grants the state Medical Marijuana Authority (OMMA) the authority to lift the moratorium if it deems all pending licensing reviews, inspections, or investigations as complete. The moratorium, in effect for over a year, has left …
Oklahoma Extends Medical Cannabis License Moratorium Until 2026 Read More »
Three cannabis licensees in Montana, joined by the state, have reached a joint agreement for a 60-day preliminary injunction against a controversial state law. This law, enacted at the close of the 2023 legislative session, significantly increased licensing fees for businesses operating multiple dispensaries. The agreement offers both parties time to negotiate a settlement in …
Montana Cannabis Licensees Secure Temporary Reprieve Against Steep Licensing Fee Hike Read More »
The Oklahoma Medical Marijuana Authority (OMMA) is taking steps to revoke licenses for 165 cultivation facilities across the state. The grounds for this action stem from the facilities’ failure to adhere to signage requirements mandated by a bill that came into effect last year. Under the legislation, licensed medical cannabis cultivators in Oklahoma are obligated …
New Mexico’s once-thriving medical cannabis program has experienced a significant downturn, witnessing a staggering decline in patient counts from a peak of over 135,000 in May 2022 to approximately 85,000. This drastic reduction not only marks a substantial decrease in patient enrollment but also translates to an estimated $85 million loss in cannabis demand. The …
In a report published, the Virginia Cannabis Control Authority (CCA) shed light on the surge in popularity of consumable hemp products in the state, attributing it to accessibility and the potential for intoxicating effects akin to those of marijuana. The report highlights significant public health risks, including minors’ easy access, the potential for unintentional consumption …
Starting next month, Connecticut residents will be able to purchase double the amount of marijuana in a single retail transaction than what is currently allowed. The Department of Consumer Protection (DCP) in Connecticut recently announced that the purchase limit for adult-use cannabis will increase from a quarter ounce to half an ounce. The decision to …
Connecticut to Double Adult-Use Cannabis Purchase Limits Read More »
Home values in states with adult-use cannabis laws have outpaced home values in other states by nearly $49,000 from 2014 to 2023, according to new research from Real Estate Witch. The typical home in a state with legalized cannabis has seen its value appreciate by $185,075 since 2014, compared to $136,092 in states that have …
Cannabis Laws Boost Home Values by $49,000 in Legal States, Research Shows Read More »
Medical cannabis sales in Arkansas have surged this year, totaling $211.3 million, according to data provided by the Department of Finance and Administration (DFA) and reported by the Arkansas Democrat-Gazette. Since the state’s first dispensaries opened in 2019, the DFA has collected $113 million in tax revenue from medical cannabis sales. Based on the DFA’s …
Arkansas Sees Booming Medical Cannabis Sales, Totaling $211.3 Million in 2023 Read More »
For years, Michigan has enjoyed its status as a hotspot for Ohioans seeking affordable and accessible cannabis. With dispensaries dotting the border between the two states, Michigan has welcomed a steady influx of out-of-state customers. However, Ohio is now poised to challenge Michigan’s dominance in the cannabis market. On November 7, Ohioans will vote on …
Ohio’s Cannabis Legalization Vote Poses Challenge to Michigan’s Cannabis Industry Read More »
A group of cannabis companies based in Massachusetts has initiated legal action against U.S. Attorney General Merrick Garland, challenging the constitutionality of federal cannabis laws. The plaintiffs, which include Canna Provisions, Inc., Wiseacre Farm, Inc., Verano Holdings Corp., and Gyasi Sellers, an individual operating a cannabis courier business, contend that federal cannabis laws are an …
Massachusetts Cannabis Companies Sue U.S. Attorney General Over Federal Laws Read More »
