Although the life sciences industry was headed for growth before the pandemic kicked off, the sector is currently experiencing a boom, fueled by the race to find a vaccine. As COVID-19 is changing all aspects of commercial development, one of the emerging trends represents the...
During the last six months, the size of Pennsylvania’s medical marijuana program has surged due to the anxiety-producing effects of COVID-19 and some favorable changes to regulation. The number of patient visits at cannabis dispensaries has risen by more than 70 percent — rising...
Investors and cannabis companies are jockeying for a stake in Arizona’s $750 million-plus marijuana market in advance of a likely adult-use legalization ballot initiative in November. If, as expected, residents vote to legalize adult use, the recreational program could launch by next...
BATON ROUGE, La. — Significantly more Louisiana residents will have access to medical marijuana under a major expansion of the state’s therapeutic cannabis program that Gov. John Bel Edwards has signed into law. The law changes take effect in August. They’ll allow...
Arkansas regulators approved a sixth cultivation license to support a rapidly growing medical cannabis market nearing $100 million in total sales. Carpenter Farms Medical Group, a minority-owned company, was awarded the license Tuesday, according to the Northwest Arkansas Democrat...
Minnesota’s Red Lake Nation voted May 20 to approve a referendum that legalizes the production, regulation and distribution of medical cannabis, according to a Duluth News Tribune report. The referendum passed with an overwhelming 80.5% of the vote, the news outlet reported. The tribal...
A big and long-awaited boost for cannabis – and those who offer financial products to cannabis businesses – now in the hands of Congress may not only help usher the industry through the coming pandemic-ridden economic slump, it could have an impact akin to putting the sector on...
Over the weekend, Governor Ralph Northam approved House Bill 972/Senate Bill 02, decriminalizing cannabis in Virginia. Decriminalization, which begins on July 1, 2020 means that cannabis possession of up to one ounce can only result in a maximum $25 citation and also means Virginians...