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Experts at MJBizConNEXT highlight cannabis industry’s move toward more mainstream acceptance

While there is still a long way to go before cannabis becomes totally mainstream, we may be seeing the end of the Wild West for marijuana businesses. This overarching theme permeated predictions for the industry Wednesday as MJBizConNEXT opened at the Ernest N. Morial Convention Center in New Orleans. MJBizConNEXT and the inaugural Hemp Industry Daily Conference, […]

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Chart: Massachusetts recreational marijuana sales approach $140 million

After six full months of operations, Massachusetts adult-use marijuana sales continue to rise, with aggregate sales approaching $140 million through the last week in May. The market enjoyed a solid launch the week of Thanksgiving 2018, and Massachusetts retailers have seen average month-over-month sales increases of 21% between December 2018 – the first full month of […]

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Marijuana, hemp side by side at MJBizConNEXT & Hemp Industry Daily Conference in New Orleans

The cannabis industry is in New Orleans this week for MJBizConNEXT with attendees having the option to specifically focus on either marijuana or hemp – or both, for that matter. That’s because, for the first time, Marijuana Business Daily is hosting side-by-side conferences for both varieties of the cannabis sativa plant, Wednesday-Friday at the Ernest […]

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Marijuana Business This Week: MJBizConNEXT sees the future, critical California CBD hearing, Ohio eyes MMJ expansion & more

Here are some notable stories and events in the cannabis industry to watch for in the coming days: WHAT’S NEXT: More than 4,000 attendees and 300 exhibitors are flocking to New Orleans for MJBizConNEXT 2019, where they will contemplate what’s ahead for the ever-changing cannabis and hemp industries. For three days beginning Wednesday at the […]

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Week in Review: Illinois makes history, New Jersey expands medical cannabis, FDA mulls CBD in food & more

Illinois legalizes adult-use cannabis, New Jersey maps a major expansion of its medical marijuana program, the U.S. Food and Drug Administration holds a landmark hearing – plus other important news from around the industry. Illinois marks a first Illinois became the first state in the country to legalize a commercial recreational market through its Legislature. […]

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Domino effect? Illinois marijuana legalization could spur other states to do same

Illinois, the nation’s first state to legalize commercial recreational marijuana through its Legislature, may spark similar legalization efforts elsewhere in the country – and could serve as a blueprint for others, according to industry executives. That could open the doors to millions – if not billions – of dollars in fresh business opportunities for cannabis […]

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Medicine Man agrees to acquire Colorado’s largest outdoor marijuana grower, manufacturer

Denver-based Medicine Man Technologies agreed to purchase Colorado’s largest outdoor cannabis grower as well as a local manufacturing and dispensary company, saying a new state investment law paved the way for the deals. Terms weren’t disclosed. Medicine Man – a vertically integrated cannabis company – is acquiring cannabis cultivator Los Sueños Farms and MesaPur, a dispensary […]

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California cannabis trade group threatens to sue L.A. over lack of enforcement against illegal shops

Unlicensed marijuana shops still plague Los Angeles’ legal cannabis operators, and the California Minority Alliance (CMA) said it may sue the city attorney’s office if the agency doesn’t step up enforcement efforts against illicit businesses. The organization sent a letter to L.A. City Attorney Mike Feuer seeking more enforcement against illegal shops, which some estimate still […]

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