Connect with us

Marijuana Business Daily

Court orders Missouri to grant marijuana grow license after technical oversight

Published

on


A regulatory miscue prompted a Missouri judge to side with a medical marijuana cultivator and grant the company a license.

The Eastern District Court of Appeals ruled that Mo Cann Do must be issued an MMJ license after regulators failed to inform the company that certain paperwork was missing from the application, the Missouri Independent reported.

ADVERTISEMENT

The reversal was the first time a court ordered the Department of Health and Senior Services (DHHS), the state’s chief regulator, to issue a license it had previously denied, spokesperson Lisa Cox told the news outlet.

Mo Cann Do, which was seeking a license to grow in the town of Cuba, submitted its initial application for a cultivation license in August 2019.

The company also applied for five dispensary licenses, which were also denied, the Independent reported.

The court did not weigh in on the status of those other

Read full article on Marijuana Business Daily



Source link

Continue Reading

Marijuana Business Daily

Michigan is selling more cannabis, but retailers are taking in less money

Published

on

By


Michigan marijuana retailers sold about 9.3% more cannabis in April than in March, but they brought in about 3.5% less money.

In April, Michigan retailers sold 573,206 total pounds of cannabis – 569,620 pounds to adult-use customers and 3,586 pounds to medical marijuana patients – for a total of $278,546,444.

ADVERTISEMENT

Of that April total, $276,685,183 was spent by recreational shoppers and $1,861,261 by MMJ patients, according to monthly statistics from Michigan’s Cannabis Regulatory Agency (CRA).

In March, Michigan retailers sold 524,285 total pounds of marijuana – 520,469 pounds on the recreational side and 3,816 on the MMJ side – for $288,843,279.

Of that March total, $286,790,258 was spent by adult-use customers and $2,053,021 by MMJ patients, according to CRA data.

The agency reported

Read full article on Marijuana Business Daily



Source link

Continue Reading

Marijuana Business Daily

AI is making cannabis cultivation smarter

Published

on

By


(This story is part of the cover package in the May-June issue of MJBizMagazine.)

Machine learning is becoming increasingly common in indoor cannabis grows, as cultivators use sophisticated sensors and cameras to maintain optimal growing conditions, sound the alarm about threats such as pests or disease and reduce labor costs associated with both menial and high-level cultivation tasks.

“Cannabis has always been the enabler of some of these bleeding-edge technologies,” Nick Genty, CEO of North Carolina-based AgEye Technologies, said in an interview with MJBizMagazine.

ADVERTISEMENT

“They’ve had the margins, and they’ve had the budgets to support investing in new technology versus some of the vegetable guys who don’t.”

There are two main reasons why cannabis and other indoor agriculture companies are implementing artificial intelligence or machine-learning

Read full article on Marijuana Business Daily



Source link

Continue Reading

Marijuana Business Daily

Scapegoat or solution? Ouster of top New York marijuana official raises questions

Published

on

By


The exit of Chris Alexander, the top state official overseeing New York’s rollout of adult-use marijuana sales, is seen by many as assigning blame for what has been decried as the country’s worst cannabis market launch to date.

More than three years after New York legalized adult use, only 122 stores were open for business statewide, and the market’s $123 million in 2023 sales was only about one-quarter of projections.

ADVERTISEMENT

But whether Alexander’s departure as executive director of the state Office of Cannabis Management (OCM) will mean a turnaround – or whether his replacement, to be assigned by Gov. Kathy Hochul upon completion of Alexander’s term in September, will be any better – is far from clear, industry observers told MJBizDaily on Monday.

Read full article on Marijuana Business Daily



Source link

Continue Reading
Advertisement

Trending

Copyright © 2021 The Art of MaryJane Media