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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Week in Review: Smokable flower in Florida, cannabis investing in Colorado & MMJ software woes in Maryland
A judge allows smokable medical marijuana in Florida, Colorado’s governor vetoes a bill to allow publicly traded companies to invest in cannabis businesses, and Maryland’s MMJ program experiences tracking software problems. Here’s a closer look at some notable developments in the cannabis industry over the past week. Smoking’s OK – or is it? Allowing the […]
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Marijuana industry banking woes: Here’s how some states are struggling to address them
U.S. cannabis companies are forecast to bring in as much as $10 billion in retail sales this year, according to the Marijuana Business Factbook 2018. But much of that money will go unbanked by financial institutions wary of possible sanctions for servicing businesses considered federally illegal. However, as more states legalize cannabis, regulators and lawmakers are […]
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Provincial Preview: Manitoba cannabis businesses ‘sitting on perfect storm of opportunity’
The small number of licensed cannabis producers in Manitoba has kept a lid on ancillary opportunities, but that hasn’t stopped them from leveraging the province’s benefits, including a business-friendly recreational marijuana framework and some of the cheapest electricity in North America.
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California regulatory reversal: New marijuana delivery rules highlight Eaze’s political pull
New cannabis rules in California released Tuesday highlight again how fractious the state’s industry remains. The regulations also put the spotlight on the political influence wielded by a technology company that isn’t governed by the rules it has been lobbying to change. Several cannabis industry insiders say the updated regulations – issued by the state […]
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How to stake a claim in a multibillion-dollar international cannabis market