Business Issues/Benchmarks: Page 457

State of Mexico Purchases Medical Marijuana, Inc.'s Cannabis Product for Its Citizens

State of Mexico's government will provide patients CBD products for treatment.

Michigan Medical Marijuana Board Member Proposes Shut Down of Existing Dispensaries

Before the state begins issuing licenses next year, cities, townships and villages have to decide whether they want medical marijuana businesses in their communities.

Uruguay's New Medical Marijuana Industry Abandoned by Banks

Some pharmacies have warned they will have to stop selling marijuana because of the banking restrictions.

Appeal Prevents Nevada From Issuing Recreational Marijuana Distribution Licenses to Non-Liquor Wholesalers

The Tax Commission is scheduled to hear the appeal on Aug. 29.

Nevada Judge Denies Industry Injunction Request

A district judge denied a preliminary injunction sought by liquor distributors to stop the Nevada Tax Department from letting marijuana licensees get into the business of transporting pot from growers to retailers.

Maryland Firm Ready to Grow Medical Marijuana

Harvest was among 15 firms that had been pre-approved to grow medical marijuana in the state.

Israel's Finance and Health Ministries Approve Export of Medical Marijuana

The overall global price for cannabis in the world is about $10 per gram, growing significantly.

Hawaii Medical Cannabis Dispensary Suspends Sales After Products Fail to Clear State Lab Certification

The dispensary said it had planned to have a range of derivative products, but it learned "at the eleventh hour" that the State Laboratories Division had failed to certify a lab to test those products.

First Green Bank Takes Lead in Serving Florida's Medical Marijuana Industry

The bank now serves six of Florida's first seven state-licensed medical marijuana businesses.

Florida Approves Five New Medical Marijuana Growers

Florida could be a nearly $1.5 billion medical marijuana market by 2020.

Medical Cannabis Giants Eye UK for Next 'Green Rush' Before Industry's First Conference in London

The UK will host its first medical cannabis conference in London in October.

Maryland Approves Eight New Medical Marijuana Growers

The last-minute approvals follow the rocky start to an industry that has been beset by lawsuits, controversy and delays.

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