Medical Marijuana Companies Continue Expanding in Puerto Rico

Medical marijuana firms are continuing to flock to the island, with the latest investments announced by Cansortium, Columbia Care and Bhang.

Cansortium recently announced that it was opening its second Fluent medical marijuana dispensary in Puerto Rico. Columbia Care is set to launch “vertically integrated operations” on the island, including a dispensary in San Juan and a cultivation and manufacturing facility in Cidra. Bhang, meanwhile, has signed a deal to distribute its more than 25 cannabidiol (CBD) brands to the island. Continue reading “Medical Marijuana Companies Continue Expanding in Puerto Rico”

Medical Marijuana: Florida Law Creates ‘Oligopoly’ for Pot Businesses, Court Decides

Florida’s law requiring to grow, process and distribute cannabis and related products created an “oligopoly” and runs afoul of a constitutional amendment that broadly legalized medical marijuana in the Sunshine State, an appellate court has ruled. Continue reading “Medical Marijuana: Florida Law Creates ‘Oligopoly’ for Pot Businesses, Court Decides”

Data-Driven Growth Strategies for Medical Cannabis Providers

Many cannabis manufacturers and dispensary owners I talk to don’t have a direct sales team; most don’t like making sales visits or calls to key physicians and virtually all say they don’t have the time to do more on the development side of their business. Does this sound like you or your practice?

As competition between post-acute health care providers continues to tighten and the market for medical cannabis and CBD expands, medical cannabis providers must begin to think differently about where their business comes from and how they seek out and cultivate new business opportunities. Continue reading “Data-Driven Growth Strategies for Medical Cannabis Providers”

Rhode Island Demand for Medical Marijuana Skyrocketing

While state lawmakers consider legalizing recreational pot this year, sales of medical marijuana continue to hit new highs.

The reason isn’t just that more people are ailing, state regulators say.

The state’s three medical marijuana dispensaries are on pace to sell about $56 million worth of medicinal pot in fiscal 2019, said Norman Birenbaum, the state’s top marijuana regulator. That’s $17.8 million, or 46.6 percent, more than in fiscal year 2018. Continue reading “Rhode Island Demand for Medical Marijuana Skyrocketing”

More Seniors Seek Marijuana for Age-Related Aches

The group of white-haired folks — some pushing walkers, others using canes — arrive right on time at the gates of Laguna Woods Village, an upscale retirement community in the picturesque hills that frame this Southern California suburb a few miles from Disneyland.

There they board a bus for a quick trip to a building that, save for the green Red Cross-style sign in the window, resembles a trendy coffee bar. The people, mostly in their 70s and 80s, pass the next several hours enjoying a light lunch, playing a few games of bingo and selecting their next month’s supply of cannabis-infused products. Continue reading “More Seniors Seek Marijuana for Age-Related Aches”

1st Legal Marijuana Stores Are Open in Massachusetts

After years of preparation and debate, legal marijuana is now a reality in Massachusetts.

Any adult can walk into a store, pay cash and walk out with a joint, which they can smoke, legally, in their home.

But the roll-out of the first marijuana stores is only the beginning. In the coming year, marijuana entrepreneurs and regulators will face a host of challenges, from enabling small businesses to enter the market to writing regulations for marijuana cafes to figuring out how to address drugged driving. Continue reading “1st Legal Marijuana Stores Are Open in Massachusetts”

Israeli Cabinet Ministers Approve Exports of Medical Marijuana

Cabinet ministers on Sunday approved the export of medical cannabis, paving the way for Israeli marijuana growers to begin international sales.

A cabinet statement said the decision is expected to increase the number of Israeli manufacturers, investments in agriculture, research and production, and create new jobs in the related fields.

The move caused stocks in medical cannabis companies to surge, but exports are not expected to begin until later this year, after the bureaucratic procedures governing the export process are put in place. Continue reading “Israeli Cabinet Ministers Approve Exports of Medical Marijuana”

Arizona Lawmaker Wants to Cut Expenses for Medical-Marijuana Cardholders

A Republican lawmaker wants to reduce the financial burden on medical- marijuana patients.

A proposal by Sen. Sonny Borrelli of Lake Havasu would extend the state’s current one-year certifications for medical-marijuana cards to two years. For patients, that would eliminate both the expense of a required second-year trip to the doctor and of paying the second-year annual fee to the state. Continue reading “Arizona Lawmaker Wants to Cut Expenses for Medical-Marijuana Cardholders”

Michigan Medical Marijuana Facilities Given Temporary Licenses Following Shortage

More than 70 Michigan dispensaries operating under temporary licenses were forced to shut their doors at the beginning of 2019. In compliance with a set of bills passed in 2016, reforming the way the state regulates the production and sale of medical marijuana. The result was a shortage in medical marijuana, plaguing many areas in Michigan including much of Ann Arbor. Continue reading “Michigan Medical Marijuana Facilities Given Temporary Licenses Following Shortage”