Dispensary/Retail Store Business News

White House’s words won’t deter rec marijuana states

John Schroyer  | February 24, 2017

By John Schroyer

Despite ominous overtones from the White House, the eight states that have legalized recreational cannabis are proceeding full-bore, whether it’s with existing infrastructures or plans to establish new markets.

Governors and attorneys general responded in unison: They’ll honor voters’ wishes, and conduct business as usual while awaiting specific policies.

Week in Review: White House threat, CA growers at risk & unique cannabis investment fund

John Schroyer  | February 24, 2017

By John Schroyer

The Trump administration hints at possible enforcement on recreational cannabis businesses, thousands of Northern California cultivation jobs are in jeopardy, and a new marijuana investment fund is in the works.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

Alaska MJ entrepreneurs find way to ship product – commercial flights

John Schroyer  | February 23, 2017

By John Schroyer

The legal marijuana industry in the United States has been built by pioneers willing to risk the wrath of authorities.

That tradition is continuing in Alaska, where a retail shop owner has pushed the legal envelope by flying across her immense state with carry-ons full of marijuana inventory for her store.

New Market: Once Maryland fixes problems, ample MMJ opportunities await

Bart Schaneman  | February 22, 2017

By Bart Schaneman

Maryland's medical marijuana program rollout has been rife with stumbles, delaying what could become one of the largest markets on the East Coast.

Still, industry officials and regulators are working to get the state's MMJ program on steadier footing and launched.

San Francisco mulls creation of ‘Department of Cannabis’

Bart Schaneman  | February 20, 2017

San Francisco would have a “Department of Cannabis” if a member of the city’s Board of Supervisors has his way.

Supervisor Jeff Sheehy – concerned about the “onslaught” when recreational marijuana becomes legal in California on Jan. 1 –  sees the need for a department that has the sole duty of overseeing the …

New Market: Ohio medical cannabis program set to be big, but license rules could curb growth

Bart Schaneman  | February 16, 2017

By Bart Schaneman

Ohio’s medical cannabis program is expected to be large, generating upwards of $400 million in annual dispensary sales.

But possibly stringent regulations governing the number of dispensary licenses could limit patient access and curb the industry's growth potential, industry officials said.

Arizona group readies filing for rec cannabis legalization initiative

John Schroyer  | February 15, 2017

The first salvo in the recreational marijuana legalization fight for the next election cycle looks set to be fired Thursday in Phoenix.

Safer Arizona 2018, a grassroots activism group, plans to file paperwork with the secretary of state’s office to place an adult-use cannabis legalization initiative on the 2018 statewide ballot, the organization …

Chart: Retail marijuana markups in Washington state continue to dip

Eli McVey  | February 13, 2017

By Eli McVey

Washington state cannabis stores continue to face pricing pressures long after the introduction of a new tax structure sent markups plunging, reflecting an increasingly competitive business environment.