In the latest enforcement actions targeting California's illicit cannabis businesses, state and local agencies recently seized more than $1.2 million in illegal marijuana and MJ products in a series of raids. California licensed cannabis firms have kept a close eye on...
Retail investments can be tricky for several reasons, but it’s also a promising sector of the industry that is burgeoning across the country, with new markets are opening at a rapid clip.
Alaska has moved closer to allowing on-site consumption of cannabis at specially authorized stores, a move that could generate $2.4 million in new revenue, according to an informal industry analysis. The state's Department of Law found no legal problems with the rules...
Maine is withdrawing its $150,000 contract with Florida-based Franwell - the maker of cannabis seed-to-sale tracking software Metrc - because the state is concerned the deal could draw a challenge that results in a delay of recreational marijuana sales. [include_post...
A new report predicts Illinois’ 16 licensed marijuana cultivators would be able to supply just 35%-54% of demand if recreational marijuana is legalized, underscoring the potential size of the state’s adult-use market.
Alaska cannabis industry stakeholders are pressing their case against Republican Gov. Mike Dunleavy’s plan to abolish the Marijuana Control Board, arguing it could harm the state's MJ market. At a legislative reception in Juneau on Feb. 22 hosted by the Alaska...
Millennials might be a marijuana business’ bread and butter, but more and more adults who are middle-aged or older are starting to turn to cannabis for medical or adult use – and that underscores the need for companies in all aspects of the MJ space to come up with generation-specific tactics for marketing, advertising and outreach.
Alaska Gov. Mike Dunleavy aims to repeal the state's Marijuana Control Board, raising alarm bells among cannabis industry officials and investors who fear the move would put licensing and enforcement decisions in the hands of one person and limit the industry's input...
A burglar who nearly put a cannabis cultivation facility in Anchorage, Alaska, out of business received a maximum two-year sentence and five years of probation, underscoring the need for strict security at plant-touching companies. Total...
Upscale specialty retailer Barneys New York announced plans to sell cannabis products and accessories in a new "luxury" head shop called The High End, the latest mainstream company to capitalize on the marijuana industry. The shop will open in March inside the Barneys...
It can be difficult for marijuana businesses to retain their best budtenders, but the payoff for investing in retention is well worth the effort.
California's infused product makers and testing labs are breathing a sigh of relief now that state regulators have sought to clarify rules governing THC potency for edibles and beverages, a move that is expected to result in fewer products failing lab tests. The...
