Delaware’s second medical marijuana dispensary opened Friday in Lewes, nearly two years after a first facility opened its doors in Wilmington.

Both dispensaries are operated by First State Compassion Center, which previously won bids with the state.

The Lewes site is located at 12000 Old Vine Boulevard. It is open six days a week from 10:30 to 6:30 weekdays and and 10 to 4 Saturdays.

“Our foremost goal is the care we take of our patients, and that includes having the best medicine and the most caring staff,” FSCC President Mark Lally said in a statement.

Aurora Cannabis Inc. (TSXV: ACB) announced just before Friday’s closing bell that it plans to acquire Germany’s Pedanios GmbH, a wholesale importer, exporter, and distributor of medical cannabis in the European Union (EU). Aurora Cannabis’ stock had been halted for more than 24 hours pending this news.

Five people have been appointed to the state of Michigan's newly created medical marijuana board, Gov. Rick Snyder announced Friday.

The board will be tasked with implementing the system that allows licensing of medical marijuana operations, such as dispensaries, processors, growers and transporters. It will be housed within the Department of Licensing and Regulatory Affairs.

License applications for such operations will be available by the end of the year.

"This board will help provide the proper oversight of medical marihuana facilities to keep the public safe by ensuring proper health and safety standards are being met," Snyder said in a statement.

Cannabis Wheaton (TSX: CBW.V) (OTC: KWFLF) is a newly traded Canadian cannabis company that has received significant coverage since it started trading due its management team and differentiated strategy.

Although the company is focused on cannabis production, it does not actually produce cannabis. Cannabis Wheaton invests and partners with licensed Canadian medical cannabis companies that are in various stages of the licensing process.

Santa Rosa focuses on the companies involved in cannabis now that the sought-after drug has been legalized in the state of California. The city of Santa Rosa and its business-minded residents have only two priorities in mind. These priorities include building a vast empire of new housing or engaging in the real estate and marijuana business.

However, with these two top priorities of the business-minded folks of Santa Rosa, a feud has ensued. Marijuana business can mean growing your pot in a land that you either lease or own. On the other hand, farming marijuana can also mean occupying a huge part of the area to make room for the plants to grow.

Colorado's two U.S. Senators are leading a new bipartisan effort to provide banking for marijuana businesses.

Democrat Michael Bennet and Republican Cory Gardner are co-sponsors of the legislation.

“The lack of access to banking services for marijuana businesses is a key issue in Colorado,” Bennet said.

“It raises significant public safety concerns for both employees and customers of these businesses and creates compliance and oversight challenges. This common-sense bill would address those issues by allowing our banking system to serve marijuana businesses that are in compliance with state laws.”

There's no doubt marijuana businesses are a target for criminals. In the past 18 months, L'Eagle Cannabis Gallery in Denver has been burglarized three times.

Investor fatigue has taken hold in Canada’s hot marijuana sector amid an influx of look-alike producers getting licensed and going public, analysts said at an industry conference Friday.

“There’s massive investor fatigue, like enormous, and people can’t tell the difference between licensed producers anymore,” Aaron Salz, CEO at Stoic Advisory, said on a panel Friday at the Lift Cannabis Expo in Toronto.

“Fundamentally, to some degree, these businesses, as prescribed by Health Canada and being in a highly-regulated industry are almost forced to be identical in many ways.”

Marijuana Stocks Are Under the Government’s Thumb

Canada is going to be the first western nation to totally legalize recreational and medical marijuana on a national scale. As such, many investors are rightfully treating Canada as a guinea pig of sorts to see how arduous the process of legalization is and what the ultimate effects on the marijuana stock market will be as a result.

Obviously, as you would expect, legalization is good for business. Unless you know a way to invest and trade in roving illegal gangs, sellers, and importers (probably not a good idea, even if possible), then investors have for a long time been shut out from getting in on the recreational marijuana market.

Growth in the legal marijuana industry has been phenomenal over the past couple of years, and it's rightfully beginning to catch the attention of marijuana stock investors.

According to cannabis research firm ArcView, North American legal weed sales (this includes recreational and medicinal) grew by a blazing 34% to $6.9 billion in 2016. Yet, this could be just the tip of the iceberg. ArcView also notes that $46.4 billion in North American cannabis sales were conducted under-the-table last year, leaving a healthy channel for the legal industry to lure in new customers. With the public's opinion on pot shifting toward favorability, and select state governments itching to add a new channel of tax revenue, legal marijuana could have years of double-digit growth in its future.