Dispensary/Retail Store Business News

New York medical marijuana company Etain expanding into California

Published May 25, 2018

One of New York state’s 10 medical cannabis companies is expanding into California with plans to enter the Golden State’s recreational market. Etain Health, one of New York’s first five MMJ business license winners in 2015, is collaborating with West Sacramento Management Group, a licensed California cannabis distributor, the Sacramento Business Journal reported. Hillary Peckham, Etain’s […]

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Benefits of due diligence: Q&A with GB Sciences CEO John Poss

Published May 24, 2018 | By Bart Schaneman

John Poss is a self-described rough-water sailor who has made a career of righting the ship for sinking companies.

With three decades of experience consulting for companies undergoing major upheavals, he decided three years ago to dive into the cannabis industry.

Since then, as CEO of Las Vegas-based cannabis company GB Sciences, Poss has partnered with universities in the United States and abroad.

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California’s legal marijuana businesses blow whistle on unlicensed operators

Published May 23, 2018 | By John Schroyer

A number of permit-holding marijuana retailers in California view unlicensed competitors as serious threats.

While fully compliant cannabis retailers across California are being forced to pass high tax rates on to their customers, some brazen unlicensed dispensaries advertise that they don’t pay state or local taxes, meaning their marijuana is far cheaper than prices at law-abiding shops.

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Four takeaways as Big Alcohol makes another foray into Canada’s cannabis market

Published May 23, 2018 | By Omar Sacirbey

Industry observers have predicted more moves by Big Alcohol into the Canadian marijuana market. And that business forecast continues to prove on point with the groundbreaking announcement that North America’s largest wine and spirits distribution company signed an agreement to become the exclusive product distributor for one of Canada’s largest licensed cannabis producers. Under the agreement, […]

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Investment firm offers CA$1M seed money to Canadian marijuana entrepreneurs

Published May 22, 2018 | By Matt Lamers

A major investment company is putting 1 million Canadian dollars ($780,000) on the table for aspiring cannabis entrepreneurs in Canada. Canopy Rivers Corp.’s program is open to entrepreneurs looking to access Health Canada’s proposed new licenses for micro-cultivation, nurseries, industrial hemp, processing, analytical testing, retailers and other emerging segments. “This is a way to help […]

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cannabis partnership

New Jersey dispensary teams with cannabis company that has John Boehner on board

Published May 18, 2018

A longtime medical cannabis dispensary in New Jersey has struck a partnership with Acreage Holdings, the multistate marijuana business that last month brought former House Speaker John Boehner onto its advisory board. According to NJ.com, Compassionate Care Foundation in south New Jersey is teaming up with Acreage to construct a 100,000-square-foot grow operation. Acreage Holdings […]

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Spurned medical cannabis applicant in Louisiana sues state

Published May 16, 2018 | By Jeff Smith

A business that lost out on a medical marijuana dispensary license in New Orleans sued the Louisiana Board of Pharmacy, charging that the agency was “arbitrary and capricious” in awarding the metro area permit to the fourth-ranked applicant. In a lawsuit filed this week, RX Greenhouse of Metairie said it not only had been ranked […]

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