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Chart: Sales of cannabis products spiked over Mother’s Day, Father’s Day weekends

Retail data reveals sales spikes in several marijuana categories over Mother’s Day and Father’s Day weekends, highlighting differences in gender-based cannabis gift-giving in states that have legalized adult use. Data from Seattle-based analytics firm Headset shows that sales increased 35% to 80% in several product segments over Father’s Day and Mother’s Day weekends in California, […]

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Marijuana Business This Week: Cannabis oil in Georgia, early MMJ access in MA, finalizing hemp regs in Alaska & more

Here are some notable stories and events in the cannabis industry to watch for in the coming days: STRIKING OIL: A Georgia law making it legal to produce and distribute cannabis oils with a THC cap at 5% goes into effect Monday, giving the state’s more than 9,500 registered medical marijuana patients better access to […]

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Week in Review: IL gov signs historic cannabis bill, MA moves on MJ cafes/delivery, new CA vape cartridge symbol rules & more

Illinois’ governor makes his state the first to legalize recreational marijuana through its Legislature, Massachusetts moves forward with cannabis cafes and deliveries, California requires a universal symbol on vape pens, the hemp sector makes big inroads – plus other important news from around the industry. Illinois marks a marijuana first Illinois officially became the first […]

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California marijuana retailers charge product suppliers for shelf space, creating friction in the industry

A growing trend among California cannabis retailers to charge brands for shelf space – and, thus, access to customers – has some in the industry decrying the practice as “pay-to-play” that threatens to crowd out smaller companies from the market. According to several industry sources, the practice first cropped up in early 2018 and quickly […]

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Social media challenges continue for cannabis firms – sometimes costing thousands in lost investment

After what seemed to be a brief hiatus, social media giants are once again suspending – and outright deleting – the accounts of marijuana companies. Some industry officials say this is a result of spiteful competitors flagging posts and reporting pages to the platforms’ moderators, costing businesses thousands of dollars in lost time and labor when […]

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What’s next in New York and New Jersey? Marijuana business experts weigh in

Illinois became the 11th state in the nation Tuesday to legalize adult-use marijuana after Gov. J.B. Pritzker signed a recreational bill into law. The governor’s historic bill signing comes not long after New York and New Jersey both failed to legalize potential billion-dollar commercial recreational programs. What lessons were learned by the cannabis industry, and how […]

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Chart: Ranks of US banks serving cannabis firms growing, but data may overstate true number

The number of financial institutions actively banking marijuana-related businesses in the United States is rising, but the true number is far fewer than U.S. Treasury data indicates, according to one industry executive. Data released by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) shows the number of banks and credit unions actively banking marijuana-related businesses […]

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Marijuana Business This Week: Vermont hemp hearings, Michigan cannabis warning labels, Medicine Man update & more

Here are some notable stories and events to watch for in the coming days: VERMONT HEMP HEARINGS: The Vermont Agency of Agriculture, Food and Markets (AAFM) will hold its first public hearings to discuss the rulemaking process for the state’s hemp program. The hearings are scheduled for Thursday in Brandon and Friday in Newport. According to […]

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Week in Review: House votes to protect legal MJ, Acreage/Canopy shareholders decide, NY adult-use cannabis roadblock & more

The U.S. House of Representatives approves a bipartisan amendment that would shield state-legal cannabis programs from interference by the U.S. Department of Justice, Acreage and Canopy shareholders OK the planned acquisition, New York’s adult-use cannabis legislation hits a wall – plus other important news from around the industry. US House OKs provision protecting state-legal cannabis industries […]

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