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First cannabis consumption site in Illinois gets nod

Illinois’ capital city approved the first social consumption marijuana establishment in the state. Illinois Supply and Provisions plans to connect the consumption space to its recreational and medical marijuana store in downtown Springfield, the Chicago Tribune reported. The company, which got the OK from the Springfield City Council on Monday, is still working out details of […]

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Two years in, California’s legal marijuana market struggles with financial woes as it battles illicit market

Licensed California cannabis companies face a business climate that’s arguably more dire than ever before, despite the hope that came with the launch of legalized adult-use sales in January 2018.

Two years in, California’s legal marijuana market struggles with financial woes as it battles illicit market is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Two years in, California’s legal marijuana market struggles with financial woes as it battles illicit market

Licensed California cannabis companies face a business climate that’s arguably more dire than ever before, despite the hope that came with the launch of legalized adult-use sales in January 2018.

Two years in, California’s legal marijuana market struggles with financial woes as it battles illicit market is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Two years in, California’s legal marijuana market struggles with financial woes as it battles illicit market

Licensed California cannabis companies face a business climate that’s arguably more dire than ever before, despite the hope that came with the launch of legalized adult-use sales in January 2018.

Two years in, California’s legal marijuana market struggles with financial woes as it battles illicit market is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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German pharmacies have new pharmaceutical CBD supplier

The medical cannabidiol market is becoming more competitive in Germany, as 2020 kicks off with one new CBD option that pharmacists can dispense to patients. A Cologne, Germany-based distributor of medical cannabis started offering pure CBD in kits with which pharmacists can compound preparations according to a doctor’s prescription. The kits allow pharmacists to prepare […]

German pharmacies have new pharmaceutical CBD supplier is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Toronto Stock Exchange launches 2 cannabis indices

Two indices tracking the performance of cannabis companies on North America’s largest stock exchanges have launched in recent months, demonstrating a growing level of mainstream interest in the burgeoning industry. The first to launch was the S&P/MX International Cannabis Index on Nov. 18, 2019. The index measures the performance of cannabis firms trading on the […]

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Illinois adult-use cannabis stores might face more shortages

Recreational marijuana sales in Illinois could be hurt by a surge in medical cannabis applications with the Jan. 1 launch of adult-use sales. More than 2,570 people applied for medical marijuana cards Jan. 1-17, nearly a 34% jump from Dec. 1-17, the Chicago Tribune reported. Regulators earlier in January warned marijuana retailers they are required to […]

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Medical cannabis products removed from Pennsylvania shops

TerraVida Holistic Center, the largest medical marijuana retailer in Pennsylvania, removed Standard Farms products from its stores after allegations surfaced that former executives of the company broke public safety laws. TerraVida removed Standard Farms vape cartridges, tinctures and other marijuana extracts from its stores, according to The Philadelphia Inquirer.

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US House lawmakers make marijuana banking reform pitch to key senator

The four lead sponsors of the successful cannabis banking bill in the U.S. House of Representatives are urging the chair of a key U.S. Senate panel to work in partnership to move the issue forward in the Republican-controlled Senate. In a letter released Tuesday, the four representatives praised Senate Banking Chair Mike Crapo, an Idaho […]

US House lawmakers make marijuana banking reform pitch to key senator is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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US federal cannabis reform outlook: Progress expected in 2020, but distractions, high hurdles persist

President Trump’s impeachment trial, the upcoming elections, Iran and trade wars. That’s a lot of distractions for federal lawmakers, and they represent some of the big reasons why many experts suggest major cannabis reform at the federal level is dead for 2020. But is it?

US federal cannabis reform outlook: Progress expected in 2020, but distractions, high hurdles persist is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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