Two Bills Could Dismantle Florida’s Medical Marijuana “Cartel”
FloridaMarijuana Industry NewsMedical Marijuana November 22, 2019 0
Here in Florida, companies like Philip Morris and Bacardi aren’t required to cultivate and process raw plant material and then package, distribute, and sell their cigarettes and rum. But for some reason, state law requires medical marijuana producers to operate exactly this way. As it currently stands, Florida legislation... Read more
Michigan recreational marijuana sales may be delayed by a day or two
Marijuana Industry NewsMichiganRecreational Marijuana November 22, 2019 0
The first day of recreational marijuana sales in Michigan, originally slated to commence Dec. 1, could be delayed a day or two, Marijuana Regulatory Agency Director Andrew Brisbo revealed during an industry summit in Metro Detroit Thursday, Nov. 21. The first question posed to him during a marijuana industry... Read more
Recreational marijuana sales in Massachusetts generated $400M in sales in first year
Marijuana Industry NewsMassachusettsRecreational Marijuana November 22, 2019 0
In its first year of recreational cannabis sales, the state generated $61 million in total taxes on nearly $400 million in marijuana sales, according to figures released Wednesday by state agencies. But state officials say the work to build the industry is just getting started. The figures from the... Read more
A year after first two recreational marijuana shops opened in Massachusetts, a mostly warm buzz
Marijuana Industry NewsMassachusettsMedical MarijuanaRecreational Marijuana November 20, 2019 0
A year after the first recreational marijuana shops opened in Massachusetts, cannabis product sales have generated nearly $3.5 million in combined taxes and fees and a generally warm buzz for the first two towns to allow it. The revenue represents the first full year’s worth of the collected 3%... Read more
N.J. medical marijuana prices could be cut under new plan. They’re now highest in nation.
Marijuana Industry NewsMedical MarijuanaNew Jersey November 20, 2019 0
Gov. Phil Murphy’s administration will help lower the cost of medical marijuana by requiring for-profit companies entering the market to show how they will cut prices before the the Health Department allows them to operate. With premium dried weed costing as much as $500 an ounce and no insurance company... Read more
