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

Tons of CBD producers, but few connect with consumers: Q&A with analyst Bethany Gomez

Kristen Nichols  | September 18, 2017

By Kristen Nichols

The nascent CBD market is hot: The cannabis compound is popping up in a dizzying variety of products, from maple candies to skin creams to dog treats.

But a market researcher who produced some of the most exhaustive investigations yet into CBD’s market potential has some cold water to throw on CBD’s fire.

Kristen Nichols  |
September 18, 2017

Week in Review: Nevada MJ consumption lounges, national cannabis testing & Maine rec rules

John Schroyer  | September 15, 2017

By Bart Schaneman, John Schroyer and Omar Sacirbey

A new legal interpretation says marijuana consumption lounges don’t violate Nevada law, U.S. senators are calling for national cannabis testing protocols, and Maine releases draft rules for its recreational MJ industry.

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

John Schroyer  |
September 15, 2017

Landmark New Brunswick marijuana supply deal could foreshadow things to come for provinces

Matt Lamers  | September 15, 2017

By Matt Lamers

New Brunswick's groundbreaking deal to buy a combined 100 million Canadian dollars ($82 million) worth of cannabis per year from two licensed producers could be a harbinger of things to come for provinces aiming to lock up supply before next year's launch of adult-use cannabis.

Matt Lamers  |
September 15, 2017

Cannabis industry pushes back against Ontario retail blueprint, but welcomes the clarity

Matt Lamers  | September 15, 2017

By Matt Lamers

Canada’s cannabis industry is pushing back against the Ontario government’s blueprint for regulating marijuana, urging the province to reconsider its plan to handle recreational cannabis sales while shutting the private sector out of the retail rec business.

Matt Lamers  |
September 15, 2017

Colorado marijuana banker has plans for a national network

Omar Sacirbey  | September 14, 2017

By Omar Sacirbey

A Colorado-based credit union believes it may have the solution to marijuana businesses’ banking issues, one that it hopes will be available in six states by the end of this year and about 20 by the end of 2018.

Omar Sacirbey  |
September 14, 2017

‘So many things can go awry’ with Michigan’s medical marijuana plan

John Schroyer  | September 13, 2017

By John Schroyer

A sudden declaration Tuesday morning by Michigan regulators that all medical marijuana dispensaries statewide should start preparing to close by Dec. 15 made one thing clear:

The next steps for Michigan's existing MMJ businesses are more akin to a traffic roundabout than an obvious road forward.

John Schroyer  |
September 13, 2017

Slow-moving Massachusetts a concern for recreational marijuana launch

Omar Sacirbey  | September 12, 2017

By Omar Sacirbey

Many Massachusetts cannabis advocates are worried that a regulatory agency heavy on members who voted against legalization may try to undermine the state's nascent recreational marijuana industry.

But a far bigger worry, it seems, is that "in Massachusetts, things tend to move really slow."

Omar Sacirbey  |
September 12, 2017

News Briefs