Colorado marijuana edibles makers bracing for new standards

Kristen Nichols  | September 26, 2017

By Kristen Nichols

Colorado’s ban on edible marijuana products shaped like animals, humans or fruits takes effect Oct. 1 – but manufacturers say they’re prepared for the change.

The 2016 law, which bans certain shapes of edibles, was spurred by concerns children may be attracted to gummies or hard lozenges in forms associated with common candies.

Kristen Nichols  |
September 26, 2017

Chart: Medical marijuana patient counts keep rising in Canada

Eli McVey  | September 25, 2017

By Eli McVey

Canada’s medical marijuana program continues to surge, with 30,000-plus patients enrolling last quarter to boost the total count over 200,000.

That marks three straight years of quarter-over-quarter patient growth for the program and a 168% increase from just one year ago.

Eli McVey  |
September 25, 2017

Week in Review: Florida’s new MMJ rules, Weedmaps joins Boston Chamber & SC hemp applications

Bart Schaneman  | September 22, 2017

By Bart Schaneman, Omar Sacirbey and Kristen Nichols

Florida sets new regulations for medical marijuana business license applicants, cannabis tech company Weedmaps joins Boston’s Chamber of Commerce, and South Carolina’s hemp application deadline approaches.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

Bart Schaneman  |
September 22, 2017

CBD turmoil in Nebraska, Indiana underscores product’s uncertain legal status

Kristen Nichols  | September 21, 2017

By Kristen Nichols

A recent memo from Nebraska’s top law-enforcement official - in which he called cannabidiol products "illegal" - has underscored the challenges faced by CBD manufacturers and retailers nationwide.

The memo, and a CBD brouhaha in Indiana, have meant lost sales, confiscated product, legal uncertainty - and even the loss of a job.

Kristen Nichols  |
September 21, 2017

Marijuana firms in the dark when it comes to social media advertising

Bart Schaneman  | September 21, 2017

By Bart Schaneman

Years after legal markets have come online, marijuana businesses are still at a loss when it comes to what's considered acceptable advertising on social media.

They're throwing spaghetti at the wall, and absent any feedback from Facebook, Instagram, Twitter and the like, it's almost impossible to know what's going to stick.

Bart Schaneman  |
September 21, 2017

How to sell your marijuana business: Q&A with GRN Funds CEO Justin Costello

Kevin Huhn  | September 20, 2017

By Bart Schaneman

Valuating a cannabis business requires coming up with creative comparisons to established industries, such as tulips and wine.

That’s the space Justin Costello operates in. The CEO of Seattle-based GRN Funds, he brings years of experience making deals in the investment banking sector and said he has completed 80-plus cannabis deals.

Kevin Huhn  |
September 20, 2017

Measures that could grow Detroit’s medical marijuana industry go to voters

John Schroyer  | September 19, 2017

By John Schroyer

Two local ballot measures to grow Detroit’s once-sizable medical marijuana industry have overcome significant legal hurdles and will now go before voters in November.

The proposed changes, if approved by voters, would likely result in a broadening of the MJ-related business opportunities in Michigan’s biggest city.

John Schroyer  |
September 19, 2017

By Matt Lamers

Canadian medical marijuana companies are starting to tap debt markets in a big way to fund their explosive growth, which until earlier this year had been financed almost entirely through stock offerings.

Cannabis companies raised $165.9 million via debt instruments - including convertible bonds, debentures and term loans - through August.

Matt Lamers  |
September 19, 2017

Chart: More growers, lower wholesale prices in Colorado’s recreational marijuana market

Eli McVey  | September 18, 2017

By Eli McVey

The Average Market Rate (AMR) for a pound of wholesale marijuana in Colorado’s recreational market has hit an all-time low, pushed down by the continuous flow of new cultivation facilities coming online, increased efficiency among existing growers and a rising number of outdoor grow operations.

Eli McVey  |
September 18, 2017

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