OmarS Archive

Biggest US mall operator seeks to block PA marijuana dispensary

Omar Sacirbey  | October 20, 2017

The largest shopping mall operator in the United States is trying to stop a medical marijuana dispensary from opening next to one of its properties in Philadelphia.

Last March, PharmaCann – which operates MMJ businesses in Illinois and New York – bought a former Chi-Chi’s restaurant at the “periphery” of a mall dubbed …

MassRoots makes it official: Dietrich out as CEO, Kveton in

Omar Sacirbey  | October 18, 2017

MassRoots, the marijuana-centric Denver social media and technology giant, filed documents with the U.S. Securities and Exchange Commission Wednesday morning confirming the ouster of the company’s founder and CEO, Isaac Dietrich.

In its Form 8-K filing, MassRoots also confirmed that it elevated a company vice president, Scott Kveton, to become the new …

MassRoots in turmoil after CEO ouster; CannaRegs scuttles planned $12M merger

Omar Sacirbey  | October 17, 2017

By Omar Sacirbey

Turmoil and uncertainty are swirling around MassRoots, the once high-flying canna-centric social media and tech firm, after the company's board fired founder and CEO Isaac Dietrich.

The news already has triggered fallout for MassRoots: The Denver company's planned $12 million acquisition of tech company CannaRegs has been scrapped.

Silicon Valley gets marijuana industry trade group

Omar Sacirbey  | October 16, 2017

A pair of former San Jose city employees has launched the Silicon Valley Cannabis Alliance, a trade group that will serve marijuana businesses in Santa Clara, San Mateo and San Benito counties.

The group also plans to have a political action committee that will raise money for and support cannabis-friendly candidates, the …

Michigan offers to educate potential MMJ business owners

Omar Sacirbey  | October 10, 2017

Michigan’s top licensing agency has scheduled five meetings next month to designed for entrepreneurs who are interested in breaking into the state’s medical marijuana industry.

The Michigan Department of Licensing and Regulatory Affairs is offering sessions where attendees can learn how to apply for an MMJ business license and see how the state’s …

Massachusetts MMJ dispensary launches billboard campaign

Omar Sacirbey  | October 9, 2017

In what is perhaps a Massachusetts marijuana milestone, a medical cannabis dispensary unveiled a billboard advertising drive in Boston and other cities on Monday.

New England Treatment Access, which operates two dispensaries in the state, bought space on four billboards for the campaign, The Boston Globe reported.

Two of the billboards are in and …

New York medical cannabis sales are up but remain slow

Omar Sacirbey  | October 6, 2017

New York’s five medical marijuana businesses generated only $16.6 million in gross sales between April 2016 and August 2017, but sales and patient numbers are improving.

From April 2016 through March 2017, the companies generated sales of $8.4 million – about $700,000 per month – according to analyses by the USA Today …

San Diego finalizes marijuana grow and manufacturing rules

Omar Sacirbey  | October 5, 2017

San Diego has decided to allow indoor cultivation and manufacturing, making the city among the first in California to establish regulations for the entire marijuana supply chain.

According to the San Diego Union-Tribune, new rules passed by the City Council include two key changes:

  • Marijuana production businesses must have “odor-absorbing ventilation …