The cannabis controversy continues in Massachusetts. The state's health department knowingly awarded two dispensary licenses to a company whose top executive allegedly misled local officials about his college credentials, according to a report in The Boston Globe....
A marijuana delivery service in San Francisco that dubs itself "the Uber of pot" is raising eyebrows among local officials concerned with the unregulated nature of such businesses. The company, called Eaze, has generated buzz because it lets medical marijuana patients...
The recreational marijuana industry is off to a healthy start in Washington State, with retail stores hauling in $2.6 million during the first month of sales, according to figures for July. The revenue number equates to roughly $108,000 in sales a day. The first...
Seasoned investors in the cannabis space often look for companies with certain characteristics, and businesses that fit the bill stand a much better chance of cementing a deal than those that do not.
June was a banner month for recreational marijuana in Colorado, with retail stores reporting nearly $25 million in sales, according to the state's latest tax report on the industry. That represents an increase of almost 14% from May, when recreational shops brought in...
By Chris Walsh The nation's capital makes major progress on the marijuana front, two cannabis companies get aggressive with advertising and opposition to MMJ legalization grows in Florida. Here's a closer look at several notable business-related developments in the...
By Chris Walsh The drumbeat of support for marijuana legalization has been growing steadily over the past year. But it's become noticeably louder in the last few weeks, with everyone from The New York Times and The Boston Globe to the Brookings Institution and...
By Chris Walsh A prominent think tank lends support to Colorado's recreational cannabis industry, potential dispensary owners in Florida get some good news and a lawsuit underscores business risks tied to the stigma surrounding marijuana. Here's a closer look at...
An Oregon-based financial institution has confirmed it is in talks with federal and state regulators to determine ways it might offer services to cannabis businesses. MBank is examining opportunities to offer accounts to medical marijuana companies that are...
By George Jage What’s in a name? What word – or words – define our industry? Several industry pioneers have lobbied the business community to use the word "cannabis" in lieu of "marijuana." The premise is that the latter term is strewn with negative historical events...
Interest in traveling to Seattle has dipped slightly despite the start of recreational cannabis sales earlier this month, according to a new study. The travel website Hopper analyzed billions of online search queries from consumers looking to book trips. It found that...
By Chris Walsh Illinois expands its medical marijuana program, the legalization drive in Oregon gains steam and dispensaries in one of California's largest MMJ markets get the worst possible news. Here's a closer look at some notable business-related developments in...
