(This is an abridged version of a package that appears in the May-June issue of Marijuana Business Magazine.) North American marijuana entrepreneurs who believe it’s too early to look at international opportunities should reconsider their position. Federally licensed cultivation companies in Canada – Canopy Growth, Tilray, Aurora Cannabis and Cronos Group, to name a few – already are […]
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Chart: Handful of growers hold hundreds of cultivation licenses in California’s legal marijuana market
Commercial-scale cultivation operations are beginning to emerge in California’s newly legal marijuana industry, despite regulations meant to curtail their presence, with 20% of cultivation licenses held by just 12 licensees.
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Week in Review: Colorado’s flat marijuana sales, Nevada’s new MJ opportunities & Alaska’s cannabis tax ideas
Monthly cannabis sales in Colorado are flat for the first time since the state launched adult use, Nevada offers a select group additional opportunities in its recreational market, and Alaska weighs the idea of a new excise tax tier for marijuana cultivators. Here’s a closer look at some notable developments in the cannabis industry over the […]
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Corporate governance: 5 steps marijuana firms should take as they grow
Rapid growth across the cannabis industry is forcing thousands of firms to grow up fast – and it’s not always a smooth process. As companies hustle to gain market share and raise capital in an increasingly competitive environment, many are still playing catch up on basic corporate governance controls.
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Oregon to inspect outdoor cannabis harvests in response to federal law enforcement pressure
Oregon regulators’ plan to observe and inspect the coming outdoor cannabis harvest will inconvenience many growers, but some industry watchers conclude it shouldn’t be much of an added financial burden. Here are the basics surrounding the issue: The federal government – in particular, the U.S. attorney for Oregon – is scrutinizing Oregon’s MJ industry due […]
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California cannabis market transition period about to end; price spikes, shortages may occur
The end of the beginning is coming. The formal end of the six-month transition period for California’s newly regulated marijuana market, that is – and it could be a bumpy ride for some MJ business owners. Come July 1, retailers will no longer be able to sell product that hasn’t passed testing lab standards mandated by […]
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New licenses open doors for Canadian marijuana entrepreneurs
Canada’s proposed licensing structure for recreational marijuana will create significant opportunities for additional players, and “hundreds” of businesses are positioning themselves to capitalize on the market – even before the final regulations have been released.
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Chart: Timeline for launch, projected sales in seven new marijuana markets
More than 60% of the U.S. population now lives in states that have legalized some form of marijuana use and sales, illustrating both the rising acceptance of cannabis nationwide and the industry’s immense potential for future growth. Several medical marijuana and recreational programs have yet to get off the ground, however. Here’s an update on […]
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How to stake a claim in a multibillion-dollar international cannabis market