Massachusetts city drops onerous ‘impact fee’ on cannabis businesses
A Massachusetts municipality became the first in the state to stop assessing a controversial 3% “community impact fee” on licensed cannabis businesses.
The move, if adopted by other Massachusetts communities, could ease some of the financial burden marijuana businesses...
Green Thumb motion nixed as Arkansas cannabis licensing dispute continues
Illinois-based Green Thumb Industries (GTI) suffered a temporary setback in its effort to win a medical marijuana license in Arkansas when a judge denied the multistate operator’s request for a preliminary injunction to stop the issuance of a...
Iowa medical cannabis businesses face profit woes amid heavy restrictions
Iowa’s 2-year-old medical marijuana program is struggling to become financially viable, constrained by low THC levels, high prices, minimal physician participation – and more.
While most marijuana...
Denver cannabis advisory group to examine social equity, diversity deficiencies
Marijuana regulators in Denver have formed an advisory group that includes industry officials to recommend licensing and policy changes that could help diversify the city’s cannabis space and provide more equitable access to the market.
The 24-person working group,...
New medical cannabis sales opportunities in Peru face downward price pressure after winning company’s...
The price offered by the winner of the first bidding process to supply medical cannabis in Peru came in well below that of other applicants, setting a precedent for the market’s future and possibly limiting the revenue opportunities for...