Ancillary Marijuana Companies

High Times leaving longtime NYC base for Los Angeles

Omar Sacirbey  | January 12, 2017

High Times magazine announced plans to leave New York City – where it has been headquartered for 43 years – for Los Angeles by the end of April.

The reason for the move?

“The center of the cannabis universe has moved to California,” said Matt Stang, High Times’ chief revenue officer, according to …

Maryland medical marijuana businesses form trade group

Omar Sacirbey  | January 9, 2017

In Maryland, 20 growing and processing license winners have formed a trade association tasked with improving patient access and slashing bureaucratic red tape.

The Maryland Wholesale Medical Cannabis Trade Association (MedCan) is made up 20 firms: Seven of them won both growing and processing licenses, seven won only processing licenses and six won …

Alleged ‘attack’ takes down MJ Freeway’s software, causing chaos for marijuana retailers

Chris Walsh  | January 8, 2017

By Chris Walsh

MJ Freeway’s widely used software platform for cannabis businesses crashed over the weekend and remains down for most customers, creating ripples across the marijuana industry.

The outage has sent 1,000 marijuana retailers in 23 states scrambling to handle everything from sales and inventory management to regulatory compliance issues.

A look ahead: Issues facing marijuana professionals in 2017

Omar Sacirbey  | January 3, 2017

By Omar Sacirbey

The marijuana industry is not only beginning a new year, it’s starting a fresh era in which it could flourish with opportunity or regress under a White House that could resurrect the crackdowns and raids of the past.

We examine seven of the top issues the industry could face in 2017.

Portland, Oregon, approves marijuana delivery services

Omar Sacirbey  | December 23, 2016

Hoping to attract smaller, new businesses to the local cannabis market, the City Council in Portland, Oregon, has approved an ordinance that creates a new class of license for delivery-only marijuana businesses.

These new marijuana delivery services would be prohibited from selling marijuana from storefront locations. They also could accept and deliver orders only …

Which is best for cannabis – a Dutch or North American greenhouse?

Omar Sacirbey  | December 22, 2016

By Omar Sacirbey

High energy costs and declining cannabis prices have many cultivators thinking about moving their indoor grows into greenhouses.

But once that decision is made, those cultivators must determine whether to buy a North American-made greenhouse or import one from the Netherlands, which has dominated the industry since the 1800s.

Senators ask Treasury to help ease MJ industry’s banking issues

Omar Sacirbey  | December 15, 2016

A group of 10 U.S. senators is urging the Treasury Department to take steps to prevent the shutdown of plant-touching and ancillary businesses’ bank accounts.

The senators – seven Democrats, one Republican and two independents – placed special emphasis on ancillary businesses that have lost bank accounts because they worked with marijuana businesses. The …

Cannabis research gets almost $20 million in funding

Omar Sacirbey  | December 8, 2016

Proponents of scientific research in the cannabis industry got encouraging news with recent announcements that two major universities received nearly $20 million in donations for marijuana-related studies.

The University of Miami’s Project to Cure Paralysis and Miller School of Medicine received a $16 million grant from Scythian Bioscience in October to research whether a CBD-based pill …