Ohio awards provisional medical marijuana processing licenses, a cannabis consumer survey in California confirms licensed MJ businesses are losing market share to illicit operators, and a Florida judge says a state law restricting the number of MMJ businesses runs afoul of a voter-approved constitutional amendment. Here’s a closer look at some notable developments in the […]
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Facebook making it harder to find marijuana businesses, regulators
Marijuana-related companies, regulators and trade groups around the globe recently stopped appearing in Facebook searches, becoming casualties of what appears to be the social media platform’s latest attempt to filter results related to “marijuana” and “cannabis.” The phenomenon is known as “shadow banning,” in which posts on an online social community such as Facebook, Twitter […]
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Before going public, marijuana companies should consider these five tips
A growing number of cannabis businesses are turning to public markets in the United States and Canada as they hustle to raise the capital needed to compete in the green rush.
“These companies are really starting to see the public markets as a viable option for them to raise capital, and clearly over the past two and three years, we’ve seen the pace and number of firms going public really accelerate,” said Jason Paltrowitz, executive vice president of corporate services at OTC Markets Group, which manages trading platforms for more than 10,000 over-the-counter securities.
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Too much of a good thing in Oregon as cannabis businesses adapt to flooded market
There’s one major pain point for Oregon marijuana business owners that eclipses all others: a supply glut caused by too much cannabis and insufficient demand. The surplus of wholesale cannabis has shifted the dynamics of the state’s MJ industry. It has forced growers to cut costs and eliminate staff. And it has created a buyer’s […]
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California Marijuana Notebook: More industry shrinkage may be on the way
Anyone who’s actively involved in the California marijuana space can tell you the one overriding theme of 2018 thus far has been confusion.
There are far more questions than answers at nearly every level of the supply chain – from growers to retailers to ancillary businesses and everyone in between.
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Chart: Stage is set for more growth in New York’s rapidly expanding medical marijuana market
New York’s medical marijuana program is adding patients at a speedy clip, and the recent approval of MMJ as an alternative to opioids has the potential to give sales in the state a substantial boost. Over the past 12 months, nearly 37,000 patients were added to New York’s MMJ program, a 128% increase. The gains […]
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Border concerns have chilling effect on Canada’s marijuana industry
Reports that some Canadian cannabis professionals have been turned away from the U.S. and received lifetime bans due are having a chilling effect across the industry.
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Week in Review: California marijuana recalls, MA diversity issues & Detroit limits MMJ facilities
Two voluntary marijuana product recalls occur in California, financial hurdles stymie diversity in Massachusetts’ recreational MJ industry, and Detroit caps the number of medical cannabis licenses at 75. Here’s a closer look at some notable developments in the cannabis industry over the past week. Failing grades It’s been a month since mandated lab testing for […]
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