The industry, pinched by high energy costs and low wholesale prices, seeks out cheaper grow-lamp options.
Marijuana
Posted inBusiness, Maine Cannabis Report
Effort to put cannabis question before Missouri voters goes down to the wire
After years of failing to convince state lawmakers to make pot products legal for recreational use, a coalition of medical marijuana companies is spending millions on a ballot initiative.
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Posted inBusiness, Local & State
Recreational marijuana prices dropping as product floods the market
With a gram of flower now at $9.26 per gram, industry officials say cultivators overestimated the market and are sitting on a glut of unsold product.
Posted inBusiness, Local & State, News
ACLU says pot store camera requirements violate Maine’s ban on facial surveillance
State regulators say the draft rules to require recreational cannabis stores to use video cameras to record shoppers’ faces simply update existing requirements to cover newly approved cannabis delivery.
Posted inBusiness, Maine Cannabis Report
New York cannabis regulators approve rules for retail sales
Some changes are also made to the state’s medical marijuana program so it aligns with regulations for the retail industry.
Posted inBusiness, Maine Cannabis Report
California may require health warning labels on cannabis products to deter underage use
Opponents say labeling would be expensive and unnecessary, since marketing cannabis to children is already prohibited.
Posted inBusiness, Maine Cannabis Report
Cannabis industry to see tax cuts, reforms in California
The legal market has been hampered by confusing regulations, high taxes and decisions by some communities to ban cannabis shops.
Posted inBusiness, Maine Cannabis Report
Colorado’s cannabis industry prepares for tough times
Analysts say businesses are starting to feel the effects of inflation and fears of a looming recession.
Posted inBusiness, Maine Cannabis Report
New York’s first legal cannabis crop sprouts under the sun
With the state’s first legal sales coming soon, 203 hemp farmers get a head start over big indoor growers.
Posted inLocal & State, Maine Crime, Morning Sentinel
Police confiscate 126 pounds of processed marijuana at Fairfield store operating illegally
Officials say 185 marijuana plants seized Wednesday at YEZI Local Craft Marijuana Retail Store that continued to operate after state had revoked its license.