Marijuana Business Magazine - May-June 2018

WA OR ● ■ NV AZ MT WY NM ND SD ID UT NE KS OK TX MN WI IA MO IL IN MI OH PA NY KY WV VA TN NC SC GA AL MS AR LA FL CT MA RI VT NH ME NJ MD DC CO ● ■ ● ■ DE AK ■ HI - States that have passed medical marijuana laws - States that have passed both medical marijuana & recreational cannabis laws - States with operating medical marijuana dispensaries - States with planned medical marijuana dispensaries - States with operating recreational marijuana shops - States with planned recreational marijuana shops Note: This map does not include states that have legalized only CBD-based oils. Medical marijuana dispensaries in Nevada started early recreational sales in July but licensed rec shops have not yet opened. ■ ■ ● ◆ ■ ✶ © 2018 Marijuana Business Daily , a division of Anne Holland Ventures, Inc. All rights reserved. Data is current as of 4/12/2018 ● ● ● ● ● ● ● ● ◆ ◆ ◆ ◆ ● ✶ ● ● ● ● ● ● ● ■ ● ✶ ● ◆ ● ● ● CA ● ■ State News Developments Alabama State authorities seized boxes of CBD-infused gummy bears from a company that distributes products to con- venience stores after receiving complaints the candies may contain THC. Investigators tested several boxes of gummies taken from American Wholesale Distributors. A representative from the distribution company said the products contain only legal CBD. No criminal charges have been filed, pending lab review of the candies, which weren’t identified by brand name. Authorities said the retailers likely won’t face charges. Alaska Supply is catching up with demand in the state’s recreational cannabis market, but wholesale and retail prices remain some of the highest in the nation among adult-use marijuana markets. According to several busi- ness owners in the state, prices for a wholesale pound of cannabis flower in the Last Frontier range from $2,800 to $5,000 per pound. An ounce of flower is selling for up to $400 at the retail level. While prices remain on the steep side, more cultivators are coming online, and prices are expected to continue to decline somewhat. 20 • Marijuana Business Magazine • May-June 2018