New Jersey's medical marijuana program saw its patient count nearly double last year, breaking the 10,000 mark for the first time, according to an annual report released by the New Jersey Department of Health. The jump in patients should be welcome news for New...
Omar Sacirbey
Omar Sacirbey's Latest Posts
Investment company planning exchange-traded cannabis fund
ETF Managers Group, a New Jersey-based investment company, plans to launch an exchange-traded fund that would track publicly traded cannabis companies. The ETF Managers Group is proposing the Emerging AgroSphere ETF, which could be a first for...
Application window opens for PA’s medical cannabis market
Cannabis entrepreneurs looking to do business in Pennsylvania's impending medical marijuana industry have one month to submit applications for licenses. The Pennsylvania Department of Health said it will start accepting applications for grower/processor and dispensary...
Wall Street takes notice of marijuana: Q&A with cannabis analyst Vivien Azer
By Omar Sacirbey Vivien Azer, apparently the first cannabis analyst at a mainstream investment bank, is bullish on the marijuana industry. And her confidence in the market is a significant reflection of how Wall Street views cannabis. Azer is an analyst at Cowen and...
Rural Colorado town to get state’s first marijuana drive-thru
The tiny western Colorado town of Parachute is getting what is believed to be the state’s first marijuana retailer with a drive-thru window, a move that could attract on-the-go cannabis customers who don't want to get out of their car. Tumbleweed Express, as the...
Canadian judge: Cities can forbid illegal dispensaries
A British Columbia Supreme Court judge issued a blow to Canada’s most notable owner of illegal medical cannabis dispensaries, ruling that municipalities have the right to ban MMJ businesses. Don Briere, who owns a chain of medical cannabis stores in the western...
New Mexico MMJ cultivator seeks to pare energy costs, footprint
The Verdes Foundation, a high-grossing medical marijuana producer in New Mexico, installed an "energy filter" technology the company hopes will cut its electricity costs by up to 37% and also reduce its carbon footprint. The sky-high energy costs of cannabis...
Tilray to export medical cannabis to New ZealandÂ
Tilray, a federally licensed cultivation company based in Nainamo, Canada, will begin exporting medical cannabis to New Zealand before the end of February. It's the latest overseas deal for Tilray, which is owned by Seattle-based private equity firm Privateer...
Craft marijuana cultivator buys historic CA wine property
A craft cannabis cultivator has purchased the Northern California birthplace of Fetzer Wines, a major American winemaker, and plans to transform the property into a cannabis business. San Francisco-based Flow Kana bought the 80-acre property and ranch house in...
New York medical marijuana firm wins nursing home contract
Etain Health of New York landed a contract with a Bronx nursing home to provide its residents with medical cannabis products, a move that could help improve the MMJ company's patient numbers. It's believed to be the first such deal in the state, the New York Daily...
Maine’s jump in MMJ caregivers shows interest in rec industry
The number of registered caregivers licensed to grow medical marijuana for patients in Maine increased by 42% in 2016, a sign to some that people are hoping to gain experience in the MMJ industry to gain "a leg up" once permits become available for the state's new...
OR regulator warns rec cannabis businesses for lax recordkeeping
Recreational marijuana businesses in Oregon that do not use the state’s seed-to-sale tracking system could lose their licenses or face fines.


