By Micah Johnson When the smoke finally cleared in Colorado following the raucous events of April 20, the giant elephant in the corner could no longer go unaddressed: Cannabis is evolving, and quickly. The overwhelming sequence of High Times Cup events, parties,...
Chris Walsh
Chris Walsh's Latest Posts
Former Microsoft Exec’s Plan to Create Major National Cannabis Brand Faces Many Hurdles
Jamen Shively has generated a lot of buzz lately. After revealing plans late last year to launch a high-end marijuana business in Washington State for discerning smokers, the former Microsoft executive one-upped himself yesterday by announcing his intent to take that...
Federal Lawmaker to Introduce Bill Tackling Top Problem for Medical Marijuana Industry: Taxes
US Congressman Earl Blumenauer is emerging as one of the biggest marijuana supporters in the halls of power, championing various initiatives recently that would help the cannabis cause. Now he's tackling one of the most pressing issues facing the medical marijuana...
Moratoriums, Bans Could Dampen Recreational Marijuana Business Opportunities in Colorado
This week was a historic one in Colorado on the marijuana front, with Gov. John Hickenlooper officially signing laws regulating the production and sale of marijuana for adult use. But optimism over the industry's immediate future has waned slightly in some areas, as...
Quarterly Financial Reports Highlight Challenges Facing Publicly Traded Medical Cannabis Companies
Medical marijuana sales are expected to grow by 15% this year to hit $1.5 billion, dispensaries are launching in several new markets across the country and retail cannabis stores are gearing up to open in Colorado and Washington. Expectations for - and excitement...
Another Medical Marijuana Business Boom on Horizon? Cannabis Bills Advancing in Key States
The next few weeks could lead to a whole new chapter in the medical marijuana history books, with several influential states poised to pass bills that would greatly expand the MMJ market. Measures to legalize medical marijuana - and set up a system of regulated...
MedBox Profits Halved Despite Healthy Increase in Revenues, Growth of Medical Cannabis Industry
MedBox, which provides automated cannabis vending systems and consulting services to the medical marijuana industry, saw its first-quarter net income fall 56% as increased marketing, commissions and other expenses outpaced revenue growth. The California-based company...
Prop D prevails: New L.A. cannabis regs will have many business implications, positive and negative
A measure to regulate the medical marijuana industry in Los Angeles and limit the number of dispensaries to 135 beat out two competing proposals by a landslide, ushering in a new era for the nation's largest MMJ market. More than 60% of voters cast ballots in favor of...
Los Angeles Marijuana Dispensaries on Edge With Voters Set to Reshape Nation’s Largest MMJ Market
(Update: The official results are in. See story here) It's D-Day in LA. The estimated 700-plus dispensaries in Los Angeles will likely learn their fate sometime tonight after voters weigh in on several MMJ proposals during citywide elections. Make no mistake: This is...
Weekly Wrap-Up: WA or CO Better for Cannabis Entrepreneurs? + Another State Leans Toward MMJ
First Colorado, then Washington. The two states that legalized marijuana for recreational use in November are both moving forward quickly on the regulatory side, with Colorado approving final rules on the industry earlier this month and Washington State releasing...
Breaking: Illinois Poised to Become 20th MMJ State as Legislature Passes Medical Cannabis Bill
The Illinois Senate has passed a bill legalizing the cultivation, sale and use of marijuana for medical reasons, a watershed development that puts the state on the cusp of joining the MMJ club. The fate of medical cannabis in Illinois now rests in the hands of Gov....
Proposed Washington State Marijuana Rules Include Many Hoops, Challenges for Entrepreneurs
Labeling and dosage standards. Rules on waste disposal, ownership changes and third-party testing. Application fees ranging from $250 to $500 for marijuana retailer, producer and processor licenses. These are some of the proposed requirements on the budding adult-use...













