Predatory lending, which gained special notoriety during the early 2000s, can debilitate a marijuana entrepreneur who’s trying to start or scale a business.Read More
The 22 women selected for Marijuana Business Magazine’s list of Women to Watch in 2019 have crafted companies from the ground up, forged new woman-focused alliances and upended traditional business models as they’ve paved the way in this rapidly evolving cannabis industry.
But these women are alike in another way: In this new year, they are embarking on major undertakings as leaders in a nascent industry that, like the rest of corporate America, is dominated by men in the top jobs.Read More
British Columbia-based Tilray reached an agreement with a subsidiary of Swiss pharmaceutical giant Novartis AG in which the Canadian firm’s medical marijuana will eventually be produced and distributed in countries where MMJ is legal. Tilray’s deal with Quebec-based Sandoz AG is an extension of a letter of intent the companies signed in March to produce co-branded, nonsmokable and noncombustible […]Read More
A starting point might finally be in sight for Ohio’s long-delayed medical marijuana market. A spokeswoman for the Ohio Department of Commerce said small amounts of cannabis likely will be available for sale before the end of the year. The agency’s Kerry Francis told The Columbus Dispatch that the state’s first harvested marijuana plants are expected […]Read More
Some Canadian hemp farmers are proposing a 0.5% tax on product sales that would help fund research and promotion of their goods.Read More
CBD manufacturer Charlotte’s Web increased its initial public offering in Canada by more than 50% – pricing its shares at 7 Canadian dollars ($5.39).Read More
Whether it’s shopping for groceries or cannabis, everybody loves getting a good deal.
That’s why loyalty programs – whether they come from your local grocery store or your neighborhood marijuana dispensary – are an effective way to get customers into the shop and keep them coming back.Read More
Marijuana businesses nationwide are finding they can reap generous rewards from giving back to their local communities.
Being a good corporate citizen can make it easier for marijuana businesses to work with regulators and local officials, stand out from competitors and attract new customers and high-quality employees, according to industry executives and experts on corporate giving.Read More
It can take months for a marijuana business to gain licensing approval from regulators.
The biggest problem facing a company in such a situation is it usually must have the location nailed down before filing an application.
But paying rent on space before having a license in hand can cost a lot of money, unless steps are taken early in the process to minimize costs.Read More
One of the more restrictive medical marijuana programs in the United States might soon allow the use of MMJ as an alternative to opioids, a move that could provide a much-needed boost to the state’s cannabis businesses. The New York health department plans to develop regulations giving people the choice of enrolling in the state’s […]Read More
Colorado’s governor has signed into a law a bill to allows physicians to prescribe CBD medicines that have been approved by the U.S. Food and Drug Administration.
The FDA’s ruling is expected in a matter of weeks.Read More
A Florida judge on Tuesday lifted a stay on smoking medical marijuana, opening up new revenue potential for the state’s MMJ businesses. Leon County Circuit Court Judge Karen Gievers upheld her May 25 ruling that the Florida Legislature’s provision banning smokable medical marijuana is unconstitutional. The stay will officially be lifted on June 11. The […]Read More
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