Medical Marijuana Zone

Rhode Island’s new adult-use cannabis market opened for business earlier this month, and so far, business is good.  Local news station WPRI, citing the state’s Department of Business Regulation, reported this week that “Rhode Island’s six marijuana dispensaries — five of which are currently authorized to sell to recreational customers — collectively sold just over […]

Cannabis data company New Frontier Data released “Growing Excellence: Seven Ways to Optimize Cannabis Cultivation in Newly Legal Markets” on Sept. 7, which highlights seven key issues that new cannabis producers should consider in order to achieve success. “The continued activation of new legal markets will keep pushing existing cannabis producers to expand operations and draw […]

Ten community colleges in Arizona have recently received $31 million in funds from recreational cannabis taxes, the Associated Press reports. Arizona’s recreational cannabis law states that one-third of the 16 percent excise tax will be set aside for community colleges every year. Each college may use the funds to support “workforce development, STEM and certain […]

The Isle of Man (located in the middle of the Irish Sea, between Ireland and the U.K.) is attempting to enter the cannabiz, and in a big way. Peel NRE, a local firm, has outlined proposals to build an indoor cultivation facility and is currently asking for views from the public. The enterprise is just […]

Denver-based MJBiz, well known for its online B2B news and business content, has been acquired by Emerald X. Emerald is a subsidiary of Emerald Holding, a media and event company based in New York, and acquired MJBiz for a total of $120 million. The acquisition includes MJBizCon, MJBizDaily, Hemp Industry Daily, MJBiz Magazine as well […]

MAPS, The Multidisciplinary Association for Psychedelic Substances, was awarded a $12,979,050 million grant from the state of Michigan to fund a study on PTSD and cannabis on August 10. According to Dr. Sue Sisley, President of the Scottsdale Research Institute and longtime cannabis researcher, this new study is sorely needed in the community. “Suicide among […]

Despite delays, Arkansas’ medical cannabis program is proving to be successful.

After a year of legal cannabis, Massachusetts is taking stock. Numbers released by the state’s Department of Revenue and its Cannabis Control Commission summed up the first phase of the regulated cannabis industry, announcing that the state’s 33 dispensaries had raked in a total of nearly $400 million in sales, and employed 6,700 individuals. Massachusetts […]

Legalizing and Taxing Marijuana in Illinois Would Yield $525 Million in Annual Revenue | NORML LA GRANGE, IL — Regulating the adult use and sale of marijuana to adults would yield an estimated $525 million dollars in new annual revenue, according to an economic analysis published by the Illinois Economic Policy Institute. Authors estimate that regulating marijuana […]