By John Schroyer Last October brought a dramatic change to Colorado's recreational marijuana market when the state axed its vertical integration rule and opened up the industry to new players. These moves have spawned business opportunities and paved the way for a...
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Alaska Governor Seeks Marijuana Industry Oversight Board
Alaska Gov. Bill Walker has sent a bill to state lawmakers calling for the establishment of a Marijuana Control Board to oversee implementation of rec sales. The board would be tasked with establishing regulations for the sale and taxation of rec cannabis in Alaska,...
Canadian Stock Regulators: Risk Disclosures Lacking
Canadian stock regulators have a word of warning for those investing in MMJ companies north of the border: do your homework. The Canadian Securities Administrators (CSA) said many publicly traded cannabis firms haven't appropriately disclosed the risks of investing in...
Washington State Rec Shop Plans to Close, Blames State for Its Troubles
By John Schroyer A recreational marijuana shop in Washington State is going out of business just a few months after opening its doors, and the owner is pointing her finger at the state. Stonehenge Cannabis, a rec shop that opened in the tiny town of Lyle, Washington,...
Minnesota Medical Cannabis Workers Join Union
At least half of Minnesota's medical marijuana dispensaries will be unionized. The United Food and Commercial Workers Union (UFCW) announced that it has signed a contract with workers at Minnesota Medical Solutions, one of two companies that will produce MMJ in the...
U.S. investment fund inks another deal with Canadian grower
A U.S. investment fund has cemented its second deal with a Canadian cannabis grower this month. Dutchess Opportunity Fund II will provide a $30 million equity line facility to Canadian marijuana cultivator Affinor Growers, signaling that international cooperation...
Week in Review: IRS Penalty Fight, Wait-and-See in Washington State & 2 More MJ Lawsuits
By John Schroyer The IRS refuses to budge on a controversial - and confounding - tax penalty, officials in one Washington city give medical marijuana businesses a break, and two new lawsuits seek to dismantle Colorado's recreational MJ industry. Here’s a closer look...
New federal lawsuits aim to quash CO marijuana industry
Oklahoma and Nebraska aren't alone anymore in their fight to upend Colorado's recreational marijuana industry. A new player, the Washington DC-based Safe Streets Alliance, has filed a pair of lawsuits in Colorado federal district court this week in an attempt to wipe...
CA Lawmaker Authored MMJ Bill But Never Visited a Dispensary
Lawmakers across the country routinely cast votes on measures concerning the cannabis industry, often without firsthand knowledge of the industry or the benefit of cannabusinesses willing to help educate them. But Lou Correa took that to the next level. The former...
High-Profile Cannabis Store Behind Nation’s First Rec Sale on Market for $2 Million
By John Schroyer 3D Cannabis Center, which garnered worldwide media attention when it conducted what is largely regarded as the nation's first state-legal recreational marijuana sale, is on the market. The asking price for the Denver retail store? A cool $2 million....
Unlicensed Tacoma Dispensaries Get Stay of Execution
Roughly 60 medical marijuana dispensaries that are operating illegally in the city of Tacoma can stop holding their breath. For now. At the end of 2014, the Tacoma City Council decided it would notify dispensaries that they either needed to get a state business...
Minnesota Seeking Medical Cannabis Testing Labs
Minnesota is looking for testing labs to inspect medical marijuana products for potency, safety and consistency. Applications from labs that would like to be considered are due in March, and the state is scheduled to award licenses by mid-April, according to a report...








