A federal judge in Oklahoma rejected a lawsuit challenging the state’s residency requirement for medical marijuana business owners, but the decision doesn’t resolve the issue. U.S. District Judge Stephen Friot based his March 17 decision on the federal…
Oklahoma Medical Cannabis Business & Marijuana Legal News
The three degrees of marijuana legalization in the United States
In America, well over nine out of 10 inhabitants live in a place where marijuana is legal to some degree.
The three degrees of marijuana legalization in the United States is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness ne…
Oklahoma’s medical cannabis dispensary licenses decline for the first time
Retail licenses for Oklahoma’s medical cannabis program declined 8% in 2020, the first contraction for the open-license market since MMJ sales began in 2018. Despite surging sales and patient numbers, Oklahoma ended 2020 with 181 fewer retail licenses …
Terra Tech acquires marijuana competitor Unrivaled in all-stock deal
California-based Terra Tech Corp. said Wednesday it finalized a deal to acquire another West Coast marijuana multistate operator, Umbrla, which does business as Unrivaled and includes multiple MJ brands in its portfolio. Terms of the deal were not disc…
Oklahoma medical marijuana sales surpass $800 million for 2020
Medical marijuana sales in Oklahoma reached more than $800 million for 2020, more than twice that of 2019.
Oklahoma medical marijuana sales surpass $800 million for 2020 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness new…
Have cannabis residency requirements worn out their welcome?
Montana voters passed a recreational marijuana initiative on Election Day that will require licensed operators to be state residents, as is now the case with its medical marijuana program.
Have cannabis residency requirements worn out their welcome? is…
Top 10 cannabis business stories of 2020
Here’s a look back at the year that was through the lens of MJBizDaily‘s most-read marijuana business stories of 2020.
Top 10 cannabis business stories of 2020 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness n…
Oklahoma leads nation in marijuana cultivation licenses issued in 2020
While California is widely touted as the largest legal cannabis market in the world, analysis of cultivation license data from Cannabiz Media shows that Oklahoma narrowly surpassed the West Coast state in issuing commercial growing permits this year. O…
Oklahoma authorities shut down cannabis testing lab
The Oklahoma City Fire Marshal shuttered a medical cannabis testing lab for fire code violations and allegedly lacking the proper permits.
Oklahoma authorities shut down cannabis testing lab is a post from: Marijuana Business Daily: Financial, Legal &a…
Wholesale marijuana, hemp oil prices fall nationwide amid growing supply of raw material
Wholesale prices of marijuana and hemp oil have fallen from a year ago, according to industry executives, reflecting rising oil production nationwide that has more than offset an uptick in cannabis sales amid the coronavirus pandemic. The drop in whole…