Connect with us

Marijuana Business Daily

Kentucky gets landslide of medical marijuana business applications

Published

on


More than 2,600 applications for medical marijuana business licenses in Kentucky were filed before Saturday’s deadline.

That’s according to data from the Kentucky Office of Medical Cannabis, Louisville TV station WLKY reported.

ADVERTISEMENT

Of those applications, more than 2,200 were for 48 MMJ dispensary licenses.

The application window in Kentucky was open from July 1 to Aug. 31.

The next step in the licensing process will be an October lottery to decide which operators will be licensed when the program launches in 2025.

MMJ license applicants have been tasked by the Kentucky Medical Cannabis Program with creating extensive business plans.

Pperhaps a bigger concern for MMJ license applicants, according to the Kentucky chapter of the National Organization for the Reform of Marijuana Laws

Read full article on Marijuana Business Daily



Source link

Continue Reading

Marijuana Business Daily

Missouri cannabis regulators recall 23,000 marijuana products

Published

on

By


Missouri cannabis regulators recalled more than 23,000 marijuana products from several brands on Tuesday, saying they were not properly tested by Fulton, Missouri-based lab ClearWater Science.

The Missouri Division of Cannabis Regulation (DCR) said it recalled the products because they were not “compliantly” tested, so the agency could not verify whether they meet state health and safety requirements.

ADVERTISEMENT

The DCR said it hasn’t received any reports of adverse effects; people who believe they might be having an adverse reaction should seek medical attention.

Patients and consumers should stop using the recalled products and either dispose of them or return them to the dispensary where they were purchased.

About a month ago, the DCR issued a series of recalls for more than 132,000

Read full article on Marijuana Business Daily



Source link

Continue Reading

Marijuana Business Daily

Nebraska medical cannabis qualifies for ballot amid controversy

Published

on

By


Initiatives to legalize medical marijuana in Nebraska and set up a regulated MMJ market qualified for the November ballot on Friday, just hours after complications threatening the effort appeared.

Nebraska Secretary of State Bob Evnen certified the efforts of Nebraskans for Medical Marijuana on Friday, the same day prosecutors announced charges against Michael Egbert, a Grand Island man involved in the petition, for allegedly falsifying signatures.

ADVERTISEMENT

Nebraska is one of a dwindling handful of states without any regulated marijuana program.

On Thursday, former state Sen. John Kuehn, a co-founder of the anti-legalization organization Smart Approaches to Marijuana, filed a lawsuit to stop Even from certifying two separate measures:

Ballot measure 437, Nebraska Medical Cannabis Patient Protection, to legalize medical marijuana. Ballot

Read full article on Marijuana Business Daily



Source link

Continue Reading

Marijuana Business Daily

Michigan sets record with $295.4 million in monthly marijuana sales

Published

on

By


Michigan marijuana retailers sold $295,412,252 worth of medical and recreational cannabis in August, setting a new monthly record.

The previous record was set in March, when total sales hit $288,843,279, according to MJBizDaily’s analysis of the latest data released by the Michigan Cannabis Regulatory Agency (CRA).

ADVERTISEMENT

Sales in August were up 2.7% over July, when retailers reported $287,743,072 in total sales.

Medical marijuana sales accounted for less than 1% of total regulated cannabis sales in August, according to MJBizDaily analysis.

August marked the third-consecutive month of increasing sales in the state.

Michigan retailers in August also broke a monthly record for selling 100,894 pounds of flower, Cannabis Business Times reported.

Meanwhile, the average price per ounce of flower was $80.14, a near-record

Read full article on Marijuana Business Daily



Source link

Continue Reading
Advertisement

Trending

Copyright © 2021 The Art of MaryJane Media