Total marijuana sales in Connecticut top $22 million in March

Connecticut recreational and medical marijuana retailers generated $22.1 million in sales in March, up nearly 20% from February. Adult-use sales, which launched Jan. 10, accounted for about 43% of the total, according to new state data. ADVERTISEMENT In February, recreational sales accounted for about 38% of the $18,466,141 in total marijuana transactions in the state. […]

Washington Lawmakers Set To Enact Interstate Marijuana Sales Bill

Lawmakers in Washington State are on the cusp of passing legislation that would set the stage for licensed marijuana businesses to be able to engage in cross-border commerce with cannabis companies in other legal states. The state’s House of Representatives approved the bill, SB 5069, in a 71–26 vote on Wednesday. Members approved a minor […]

Organigram CEO warns of unsustainably cheap cannabis, reports CA$7.5M quarterly loss

The CEO of Canadian producer Organigram Holdings is warning about heavily discounted marijuana in that nation’s recreational market, saying that ultra-low prices are “not sustainable and (hurt) the cannabis industry.” The company’s chief executive, Beena Goldenberg, said on a Wednesday quarterly earnings call that, although “many producers have discussed not wanting to participate in a […]

Texas House Passes Bill To Allow Medical Marijuana As An Opioid Alternative And Replace THC Limit, Sending It To Senate

The Texas House of Representatives has passed a bill to allow medical marijuana as an opioid alternative for people with chronic pain and also replace the state’s THC limit, sending the legislation to the Senate for consideration. The full chamber passed the measure from Rep. Stephanie Klick (R) in a 127-19 vote on third reading […]

Germany unveils scaled-down recreational cannabis legalization plan

The German government is backpedaling on its plan to implement nationwide recreational cannabis legalization, instead opting for a two-track, scaled-down approach with limited commercial opportunities – for now. Germany’s new blueprint for a regulated cannabis industry, unveiled Wednesday, features two pillars: Nonprofit associations would be allowed to jointly cultivate cannabis for adult-use purposes and distribute […]

Texas medical marijuana expansion measure clears state House

A bipartisan-supported, Republican-sponsored proposal to expand access to low-THC medical marijuana oil in Texas and increase its potency passed the state House. but the measure still has a long way to go before it becomes law. Republican Rep. Stephanie Klick’s House Bill 1805, which passed the Texas House on a 127-19 vote on Tuesday, would […]

Some WA marijuana operators put on pause over pesticide concerns

Washington state’s cannabis authority has put a handful of marijuana licensees on “administrative hold” as it investigates pesticide contamination in the soil of a specific area of Okanogan County. The holds apply to cannabis products from five licensees so far, a spokesperson for the Washington State Liquor and Cannabis Board (LCB) told MJBizDaily. ADVERTISEMENT Up […]

error: