Omar Sacirbey

Electric utilities work with cannabis growers to save on power costs

Despite knowing for years that electricity is a major expense that can significantly affect everyone’s bottom line, marijuana businesses – especially growers – are still struggling to keep costs manageable. The good news is that a burgeoning number of utility companies are working with cannabis cultivators to better manage costs.

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New Jersey looks to double medical marijuana businesses

With patient numbers surging and supply problems escalating in New Jersey, Gov. Phil Murphy’s administration is expected to call for six more medical cannabis providers to serve the state. That would bring the total number of medical marijuana companies in the state to 12. State regulations mandate that MMJ businesses be vertically integrated. The Department […]

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Arkansas awards five medical cannabis grow licenses, but sales still long way off

Arkansas awarded licenses to five marijuana cultivation companies after a court injunction suspending the licensing process was lifted. The state’s Medical Marijuana Commission issued licenses to: Natural State Medicinals Cultivation Bold Team Natural State Wellness Enterprises Osage Creek Cultivation Delta Medical Cannabis Co. Each company paid a $100,000 license fee and a $500,000 performance bond. With the […]

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Surviving hacks and other tumult: Q&A with MJ Freeway CEO Jessica Billingsley

As a co-founder of MJ Freeway, one of the best-known names among cannabis seed-to-sale companies, Jessica Billingsley is widely seen as an industry pioneer.

When she and Amy Poinsett co-founded the Denver firm in 2010, seed-to-sale tracking wasn’t a thriving sector.

Today, it’s an indispensable element of the marijuana industry, and the firm has processed more than $10 billion in legal cannabis transactions.

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Alberta announces agreements with 13 Canadian marijuana cultivation firms

It was a busy day for the Alberta Gaming and Liquor Commission (AGLC), which announced Thursday it inked cannabis supply agreements with 13 cultivation firms. Alberta – which allows privately run cannabis retailers but will contain provincial control of cultivation – signed supply deals with: 7 Acres/The Supreme Cannabis Company ABCann Global Aphria Aurora Cannabis CannTrust […]

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Sorting out the holdup with Massachusetts’ recreational cannabis rollout

An unofficial July 1 target date set by Massachusetts cannabis regulators for the kickoff of recreational sales has come and gone, and it’s still anybody’s guess when the adult-use industry will actually launch. The Massachusetts Cannabis Control Commission may have awarded the state’s first recreational cultivation license in June and the first rec retail license on Monday, but a slew […]

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Massachusetts’ marijuana chief predicts slow recreational rollout

Massachusetts’ top marijuana regulator told reporters this week that the state likely would not meet a July 1 target date for the launch of its recreational marijuana program, and the rollout could prove more gradual than some in the state had hoped to see. “There is nothing in the legislation about July 1, but I […]

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Canadian cannabis company Tilray files for IPO, eyes Nasdaq listing

Tilray, the British Columbia cannabis company owned by Seattle private equity firm Privateer, filed paperwork with the U.S. Securities and Exchange Commission on Wednesday to go public. The vertically integrated grow, processing and distribution company – one of the bigger cannabis companies in Canada – intends to list on the Nasdaq Global Select Market under […]

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