Omar Sacirbey

Omar Sacirbey's Latest Posts

Washington State Marijuana Prices Plummet

Recreational marijuana prices in Washington State have fallen by more than 50% in the last 18 months, helping the industry compete against the black market but also introducing new challenges for licensed cannabis businesses. The reason for the price plunge? A deluge...

County Helps Cannabis Growers Reduce Electricity Costs

Marijuana growers who are worried about high utility bills and bad press generated by the industry's enormous energy demands may want to check out Boulder County, Colorado, which has found some interesting ways to help cultivation sites reduce their electricity costs....

Legal Settlement Hands Marijuana Industry a Setback

An anti-drug group has prevailed in its legal fight against a Colorado cannabis store and several financial services companies, which could present new challenges for the marijuana industry down the road. The settlement is tied to a lawsuit Safe Streets Alliance filed...

New York Cannabis Company Gets Kosher Certification

Vireo Health of New York, one of five medical marijuana companies licensed in the Empire State, announced Wednesday that all of the company’s products produced there have been certified as kosher by the Orthodox Union. Vireo officials hope the...

Third Michigan Marijuana Measure Clears Initial Hurdle

Michigan election officials have approved the language of a third ballot measure to legalize recreational marijuana in the state. Abrogate Prohibition Michigan must now gather 315,000 legitimate petition signatures to get its ballot initiative in front of voters next...

Maine Dispensaries Could Get Boost From NH Patients

Dispensaries in Maine could start seeing an influx of patients from New Hampshire, at least temporarily. New Hampshire decided to start issuing medical marijuana cards to registered patients this week even though the first dispensaries won't open until spring of 2016...

Hawaii Dispensaries Could Get Tax Break

Medical marijuana dispensaries in Hawaii may not have to pay excise taxes under a state law meant to encourage businesses to set up in economically distressed areas, the Associated Press reported. But a state representative may try and block the tax break....

Fourth Corner Makes Case for MJ Banking, Awaits Ruling

If R. Brooke Jackson was a congressman, he would rule in favor of banks that want to open accounts for marijuana businesses. But at a hearing on Monday, Jackson told lawyers for the Fourth Corner Credit Union that he is a U.S. district court judge who must uphold...

Florida poll finds strong support for broader MMJ law

Good news in Florida: A new - albeit unscientific - poll indicates that locals are largely in favor of expanding the state's extremely limited CBD law into a broader medical cannabis program. The poll, conducted by the Orlando Business Journal, asked respondents if...

Monopoly Suit Against CA Dispensaries Thrown Out

A U.S. federal judge has thrown out a lawsuit claiming that Berkeley, California, and three local dispensaries colluded to corner the city’s medical marijuana market. Plaintiff Christopher Smith sued the Berkeley City Council, the city’s...

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