September 16, 2024  l  Sign Me Up

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Missouri cannabis brands, manufacturers and retailers are adjusting to plain-packaging rules enacted this month, adding to concerns about potential inventory shortages fueled by a statewide product recall.

Many licensed operators also are bracing for a widespread fire sale affecting thousands of products packaged under the previous set of rules as a Nov.1 deadline looms.

Gabe Parton Lee, general counsel for Oregon-based edibles maker Wyld, said the new requirements are more restrictive than the legislation approved by voters in November 2022.

"This is an adult-use program imposing pharmaceutical-type standards without consistent application, rapid responses or clear guidelines," Parton Lee said.

Amendment 3, which legalized adult-use marijuana, included requirements to clearly identify intoxicating products, mandate child-resistant packaging and prohibit brands from marketing to children, among other stipulations.

Adding to the situation, the Missouri Division of Cannabis Regulation issued a series of recalls last month for more than 132,000 marijuana products—the largest recall in any regulated marijuana market. Read story >

More Headlines

• Michigan sets record with $295.4 million in monthly marijuana sales Read story >
• Massachusetts Cannabis Control Commission gets new acting chair Read story >
• Nebraska medical marijuana qualifies for ballot amid controversy Read story >

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R E T A I L

Eastern Band of Cherokee Indians launch rec sales 

Photo courtesy of the Eastern Band of Cherokee Indians 

More than 4,000 consumers purchased marijuana during the first week of adult-use sales at the Great Smoky Cannabis Co. store in Cherokee, North Carolina.

Some visitors traveled more than six hours to the remote town in the Southern Appalachian Mountains to purchase flower, edibles and concentrates such as vapes and tinctures.

Lines at the store lasted from sunrise until sunset on opening day, as some shoppers waited a few hours to review the extensive menu and make purchases. Read story >

M & A

Planet 13 buys Las Vegas cannabis store and assets for $6.9 million 

Photo by MichaelVi/stock.adobe.com

Planet 13 Holdings on Wednesday announced its subsidiary would acquire Exhale Dispensary in Las Vegas and related assets for $6.9 million.

The acquisition includes a 3,158-square-foot marijuana retail store in Las Vegas, the associated medical and recreational retail license, cannabis inventory and other assets.

The buy bolsters Planet 13's operations in Nevada, where it operates a 112,000-square-foot store adjacent to the Las Vegas Strip and another location in Las Vegas. Read story >

L E G A L

Lawsuit dismissed against 13 marijuana testing labs in California 

Photo by Matthew Staver for MJBizDaily/Emerald 

Anresco Laboratories and Infinite Chemical Analysis Labs withdrew their lawsuit against 13 competitors they allege manipulated marijuana testing results to win customers and business.

According to court documents, the two California-based labs filed a dismissal without prejudice in U.S. District Court for the Central District of California.

Josh Swider, co-founder and CEO of San Diego-headquartered Infinite Chemical Analysis Labs, told MJBizDaily he plans to file a new lawsuit against the defendants. Read story >

More Headlines

• Psilocybin among contaminants found in intoxicating Delaware hemp products Read story >
• Mammoth Distribution acquires marijuana company Papa & Barkley Read story >

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