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”

Oklahoma Quickly Becoming Medical Marijuana Hotbed

The rollout of statewide medical and recreational marijuana programs typically is a grindingly slow process that can take years. Not so in Oklahoma, which moved with lightning speed once voters approved medical cannabis in June.

The ballot question received 57 percent support and established one of the nation’s most liberal medical pot laws in one of the most conservative states. Six months later, the cannabis industry is booming. Continue reading “Oklahoma Quickly Becoming Medical Marijuana Hotbed”

New Zealand Law to Make Medical Marijuana Widely Available

New Zealand’s government on Tuesday passed a law that will make medical marijuana widely available for thousands of patients over time.

The legislation will also allow terminally ill patients to begin smoking illegal pot immediately without facing the possibility of prosecution.

The measures come ahead of a planned national referendum on recreational marijuana use. The government has pledged to hold the referendum some time over the next two years, but has not yet set a date or finalized the wording. Continue reading “New Zealand Law to Make Medical Marijuana Widely Available”

Illinois just elected a cannabis-friendly governor and Chicago pot companies are on the move

In the past six months, Illinois marijuana companies have gone public in Canada, raised hundreds of millions of dollars to fund expansions and consolidated through a number of deals — one topping $680 million.

The state’s medical marijuana companies are moving at a fast and furious pace. They are largely past the days when growth was stagnant and there was a stigma around weed. About 60 percent of Americans think recreational marijuana should be legalized, and Illinois just elected a governor, Democrat J.B. Pritzker, who has said he is one of them. Continue reading “Illinois just elected a cannabis-friendly governor and Chicago pot companies are on the move”