Category: Business
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D.C. Opens Social Equity Applicant Window for Medical Cannabis Retail Licenses
The second retail application period for medical cannabis licenses opened today in Washington, D.C. This social equity retail licensing period is part of D.C.’s cannabis medical expansion. The period for cultivators and manufacturers to apply has passed, and unlicensed I-71 operators could apply to transition to the legal market until Jan. 29, 2024. The period…
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Virginia Senate and House Democrats agree on adult-use market bill, set to standoff with Gov.
Despite being the first southern state to legalize adult-use cannabis, Virginia’s Republican led government dragged its feet the last three years to prevent a market launch. But Democrats are trying yet again to override Gov. Glen Youngkin who has promised to veto any market launch since his election. Democrats struck a deal last Friday, according…
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Patient exodus and slower sales cast clouds over D.C. market
D.C. patient expirations outpace new registrations as medical sales continue decline Cultivation and manufacturing revenue in D.C.’s medical cannabis program continue to be below 2023, but they are growing slowly after hitting a low last fall. However, retail sales fell to their lowest point in four years last month, according to ABCA monthly revenue report.…
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Maryland is the next victim caught in California lawyer’s web of social equity cannabis lawsuits
Maryland is the most recent victim of a California lawyer and cannabis entrepreneur’s serial suing of state cannabis social equity programs. Jeffrey Jensen filed a lawsuit on behalf of his wife Justyna Jensen, both of whom live in Pasadena, California. Jensen claims that the Maryland Cannabis Administration’s requirement of state residency to qualify for social…
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D.C I-71 gifting shops face enforcement, 76 unlicensed shops applied for medical licenses
UPDATE: List of license applicants published Feb. 12, 2024. The deadline for unlicensed weed gifting shops to apply for medical cannabis licenses closed at the end of January, ending the D.C. government’s attempt to fold unregulated shops into the legal medical cannabis market. Despite the Alcoholic Beverage and Cannabis Administration’s efforts to make the application…
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D.C. medical cannabis sales close out 2023 with six-month high
Six-month high in D.C. medical cannabis sales While overall sales haven’t reached pre-Maryland adult-use launch levels, D.C.’s medical cannabis market showed signs of stability in December 2023. Total sales reached nearly $3 million, marking the highest monthly figure since Maryland’s recreational market opened in July. Interestingly, patients benefiting from reduced licensing fees contributed over $300,000,…
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D.C. medical cannabis sales continue to slow as out-of-state patient registration continues decline
A steady decline in sales continues D.C. released the monthly medical cannabis program metrics for November, revealing a continued drop in dispensary sales since the March program record high. Out-of-state and non-resident temporary patient registrations continue to decline, eclipsing the slight growth in D.C. medical patient registrations. The program sold a little more than $4.6…
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Where’s the weed in D.C.?
A complete list of where to buy weed in D.C. Click on the icons to see the business details. The open licensed stores are marked by green shopping carts. All other stores are pending community and ANC approval in upcoming meetings. Click the left-handed corner to show layers. A complete list of licensed cultivators and…
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Hundreds of Licensed Cannabis Stores Blocked by Lawsuit Could Finally Open
Would-be dispensary owners impacted by cannabis-related charges have been from stymied from taking advantage of the head start they were promised by New York. Some are still holding their breath. By Rosalind Adams, THE CITY This story was originally published by THE CITY. Sign up to get the latest New York City news delivered to you…
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New cannabis manufacturer October sales save D.C. program from 2023 low
Sales continue to drop D.C. released the monthly medical cannabis program metrics for October, revealing a slight drop in dispensary sales and the second consecutive monthly drop over $300,000 in cultivation sales. But due to newly included manufacturer sales of $761,330, D.C.’s medical program was able to reach a four month high for revenue. The…