Rhode Island awards inaugural cultivation licenses

Rhode Island regulators have awarded the state’s first commercial medical cannabis grow licenses to three companies in the city of Warwick: Medici Products & Solutions, OSCC and Evergreen Gardens. The newly licensed cultivators will be allowed to sell medical marijuana to the state’s three existing dispensaries. Those dispensaries are all vertically integrated but still buy about 40%-60% from other growers, the Providence Journal reported. Last year, however, regulators adopted a law prohibiting the more than 2,800 caregivers in the Rhode Island from selling product to dispensaries because of fears some of that product was entering the illicit market. ... Rhode Island awards inaugural cultivation licenses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs