Nearly three years after Missouri voters legalized medical marijuana across the state, the cannabis industry in St. Louis appears to be thriving, with state-regulated dispensaries popping up throughout the region. But managing the money side of things has proven a struggle for many distributors and growers — even though... Read more
Police protected lobbyist Stephen Linder as he left the Capitol building in Lansing Tuesday. A digital billboard outside parodied the longtime Republican lobbyist as the character Dr. Evil from the “Austin Powers” movies with a message to “vote no on Linder’s monopoly bills.” Linder, director of the Michigan Cannabis... Read more
It’s been two years since medical marijuana became legal in Arkansas and the revenue is showing for it. The state has collected almost $50 million total in tax revenue. “A year ago we said, let’s give it time. Let’s let all the dispensers get up and running and then... Read more
The Marijuana Regulation and Taxation Act allows limited home cultivation of medical cannabis. But it also specifies that patients will not enjoy that right until after the Office of Cannabis Management issues regulations governing it, which it was obligated to do “no later than six months after the effective... Read more
Aurora Cannabis was rising Tuesday after fiscal fourth-quarter sales missed analysts’ estimates but the Canadian cannabis company said cost savings should “clear a path” for being adjusted Ebitda positive. Analysts at MKM Partners upgraded the stock to Neutral from Sell. Sales in the period fell to C$54.8 million from C$68.4 million... Read more
The Legislature’s medical-marijuana subcommittee voted 6-4 Wednesday to overturn a key part of Initiated Measure 26 and make home-cultivated cannabis illegal in South Dakota. But the panel fell one aye short of recommending the repeal of part of another state law that affects medical practitioners. Physicians currently are required to say that their... Read more
Recreational pot has become legal for more Americans, but despite that ease of access, marijuana use hasn’t ignited, a study released Monday found. An article published in The Journal of the American Medical Association found there was no increase in cannabis use among the general population or among previous users... Read more
A federal grant will help fund a study on the medical cannabis program in Arkansas. Thanks to $1.3 million courtesy of the National Institute on Drug Abuse, which is part of the National Institutes of Health, researchers affiliated with the University of Arkansas for Medical Sciences (UAMS) and Arkansas... Read more
About 300 Oklahoma medical marijuana businesses, all with the same co-owner, suddenly lost their licenses recently, prompting numerous legal battles. Attorney Rachel Bussett filed cases on behalf of three marijuana growers that were recently notified their licenses have been revoked by the Oklahoma Medical Marijuana Authority (OMMA). The owners... Read more
When Louisiana’s first-ever legal medical marijuana products hit the shelves in 2019, the list of restrictions was long. To be eligible to use them, patients had to find one of about 60 licensed doctors statewide who would recommend the drug. They had to suffer from at least one of... Read more
