Medical and recreational cannabis retail stores near state borders have tremendous business opportunities.
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Week in Review: Weedmaps to end its ads for illicit cannabis, FBI probes MJ industry, MO licensing odds & more
Weedmaps plans to cease advertising unlicensed cannabis retailers, the FBI looks into public corruption in the legal marijuana industry, Missouri receives more than 2,000 medical marijuana applications – and more of the week’s top cannabis business news. Weedmaps to stop advertising unlicensed businesses The influential marijuana site Weedmaps, which is one of the most popular […]
Read MoreFBI scrutiny of corruption in US cannabis industry welcomed by some, scorned by others
The FBI’s announcement that it is probing public corruption in the legal marijuana industry has stirred up strong reactions among cannabis insiders. While some complain the FBI’s scrutiny is another example of how the legal MJ industry is being unfairly targeted as if it’s a bottomless gold mine, others welcome the feds’ attention to illicit […]
Read MoreCA high court medical cannabis ruling unlikely to cause major disruption to industry, key attorney says
At first blush, it may seem as if the California Supreme Court’s ruling on a medical marijuana case would prove a big deal for the state’s cannabis industry. But that’s not really the case, according to one California cannabis attorney who’s also an expert in state environmental law, on which the ruling is centered. In […]
Read MoreWeedmaps will stop advertising unlicensed cannabis retailers ‘later this year’
Online advertising giant Weedmaps said Wednesday it will begin requiring a state license number for all marijuana retail listings on its site, indicating it will cease carrying ads for unlicensed cannabis shops and delivery services. The move could prove an enormous boon to legal retailers that have been struggling to compete with illegal shops simply […]
Read MoreWhat the marijuana industry thinks of California governor’s performance since taking office
California Gov. Gavin Newsom swept into office in 2018 just two years after he was the most high-profile politician to champion adult-use cannabis legalization in the state. With that history of support for the legal marijuana industry, many in the sector had hoped that soon after Newsom was elected he’d quickly take up some tough […]
Read MoreChart: Not all states’ cannabis social equity programs are equal
While a growing number of states have included social equity provisions in their marijuana programs, they’re approaching the issue in a variety of ways – with varying results.
Read MoreCultivators, MJ executives say Eastern US marijuana prices remain strong as industry grows steadily
Up and down the Eastern United States, cannabis growers and business owners are reporting healthy prices for pounds of marijuana, both medical and recreational. Prices range from $2,000 a pound for flower all the way up to $4,200, depending on the state. But cultivators are still facing regulatory hurdles and the growing pains of keeping […]
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How craft cannabis businesses are catering to consumers' desire for high end, small batch products.