Cannabis Business

The Oklahoma Medical Marijuana Authority (OMMA) has issued fines to 161 dispensaries and is seeking to revoke permits from 39 of them for allegedly violating patient purchase limits. This crackdown, which began in January and extended through May of this year, has raised concerns among dispensary owners and industry advocates. The heart of the issue […]

Alaska lawmakers are exploring a significant change to the state’s cannabis tax structure. The proposed shift would replace the existing per-ounce tax system with a sales tax, marking a potentially pivotal moment for the state’s cannabis industry. Under current regulations established in 2014, Alaska imposes a $50-per-ounce tax on cannabis. According to a report from

Kentucky-based CBD producer Cornbread Hemp has successfully acquired an unnamed manufacturing partner, completing its transition to full vertical integration. This strategic move positions the four-year-old hemp business to enhance product quality control and offer more competitive prices for its CBD products. CEO Eric Zipperle expressed excitement about the acquisition, emphasizing its significance for Cornbread Hemp’s

A renewed sense of optimism surrounds federal cannabis reform as the SAFE Banking Act is reintroduced as the SAFER Banking Act, signaling a significant step toward enhancing access to financial services for state-legal cannabis businesses. The bill, introduced with bipartisan support in the U.S. Senate, aims to protect financial institutions that provide services to these

Maryland’s cannabis industry continues to hit new heights, as the state reported another record-breaking month for cannabis sales in August. According to data from the Maryland Cannabis Administration (MCA), licensed dispensaries collectively sold over $91.7 million worth of cannabis products last month, marking a substantial increase from July’s $87 million in receipts. These remarkable figures

Illinois is poised to make history with the inaugural Miracle in Mundelein music festival, as reported by WGN9. Set to unfold on September 9-10 in Mundelein, this two-day extravaganza promises to be a game-changer by becoming the very first concert in the state to allow state-approved cannabis consumption. Music enthusiasts and cannabis connoisseurs alike will

The Portland Press Herald reported that Maine’s cannabis regulators are preparing to implement more user-friendly rules. Gabi Pierce, policy director at the Maine Office of Cannabis Policy, unveiled the state’s plans to streamline and modernize its existing regulations. This overhaul aims to enhance formatting, organization, and language to create a more accessible framework for both

New Hampshire has taken a significant step forward in its pursuit of cannabis legalization by establishing a commission tasked with exploring the potential for a state-run cannabis market. The commission, comprising 17 members with varying views on cannabis policy, aims to draft legislation for the regulated sale of marijuana through state-run stores. This milestone comes

The journey towards cannabis licensing in New York has taken yet another unexpected turn, as a New York Supreme Court Judge reversed his previous decision and reimposed an injunction. This legal maneuver has halted the progress of 30 cannabis businesses that were previously set to move forward with their opening plans. The decision to reinstate

In a groundbreaking development for Michigan’s cannabis industry, workers at Ascend Cannabis Provisions in Grand Rapids have achieved a significant milestone by voting to join the Teamsters Local 406. This marks the second collective bargaining agreement in the Michigan cannabis sector that the Teamsters have successfully ratified, and notably, it’s the first in the western