Experienced marijuana companies know the importance of courting local allies and community institutions, from chambers of commerce and charity organizations to law enforcement agencies and youth sports leagues.
But even veteran cannabis business owners shy away from some very visible community institutions: churches, synagogues and other religious organizations.
Meghan Walstatter’s hands were sweating.
She and her husband Matt had just convened a meeting with employees at their Portland, Oregon, retail marijuana shop, Pure Green. As CEO, she was about to deliver grim news. It was February. Sales had taken a seasonal dip over the winter, and Walstatter had to make up the lost revenue.
How can marijuana entrepreneurs truly connect with their customers and build a loyal following?
Chuck Underwood recommends a tried and true method: Take a generational approach to customer service, marketing and engagement.
OpenVape, the Denver-based vaporizer and vape oil company, has hired four Ph.D.’s to join the research and development team of its subsidiary, Organa Labs, with the aim of getting its products into FDA clinical trials.
The move signals that a growing number of science professionals with advanced degrees are looking to the cannabis sector for employment.
The Louisiana State University Board of Supervisors has approved a resolution allowing the school’s AgCenter to seek a state license to produce cannabis as part of a recently passed medical marijuana law there. The move could provide an opportunity for private...
Los Angeles County supervisors voted to extend a temporary ban on medical marijuana cultivation and distribution in unincorporated areas by one year, dealing yet another blow to MMJ cultivators. The new moratorium also bars growing and testing of medical marijuana as...
A judge in Illinois' Cook County ordered the state’s medical marijuana program to add post-traumatic stress disorder to the list of qualifying conditions for MMJ within 30 days. In what the Associated Press described as a “sternly worded” ruling, Judge Neil Cohen said...
By Omar Sacirbey Washington’s cannabis industry is bracing for a July 1 deadline when unlicensed dispensaries must close under a new law that rolls the state’s medical marijuana program into its recreational program. Some industry officials warn the MMJ sector will be...
A group of U.S. Democratic senators is putting pressure on the U.S. Drug Enforcement Agency to remove marijuana from its list of the most dangerous drugs. DEA spokesman Russ Baer told the Wall Street Journal the agency will announce a decision “sometime soon” about...
By Omar Sacirbey The giants of American business are getting more comfortable about partnering with marijuana-related companies, and they're willing to go public about it. In the course of a week, news broke that software giant Microsoft Corp. and Arrow Electronics, a...
MedMen, a cannabis management consultancy in Los Angeles, announced it has launched a $100 million private equity fund to invest in companies that are in markets with high barriers to entry and a limited number of licenses. The new MedMen Opportunity Fund also will...
Emerald Scientific, a California supplier of equipment and testing products to the cannabis testing sector, has released the results of its latest Emerald Test - which measures the accuracy of dozens of testing labs - and the results are promising. [include_post...
