Denver-based Bonsai Cultivation voluntarily recalled marijuana plant-material products from across Colorado after Denver health officials detected elevated levels of mold and yeast in the company’s goods. The recall applies to marijuana plant materials, including pre-rolls, distributed to 144 retail stores across the state, according to the Denver Department of Public Health and Environment (DDPHE). In addition to […]
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Acreage affiliate Greenleaf resolves Ohio dispute, can open marijuana dispensaries
Greenleaf Apothecaries – an affiliate of New York-based multistate operator Acreage Holdings – is poised to open three medical cannabis dispensaries in Ohio after resolving its dispute with state regulators. The company, which does business as The Botanist and Harvest of Ohio, was prohibited from opening new dispensaries until its case was resolved. Regulators in […]
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California to allow state tax deductions for cannabis businesses
California cannabis businesses will be allowed to deduct expenses on their state income returns after Gov. Gavin Newsom signed a legislator’s proposal into law. Newsom signed into law AB 37, a bill introduced by a fellow Democrat, Assemblyman Reggie Jones-Sawyer The measure will allow such state deductions, starting next year, for cannabis companies that file their […]
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Arkansas medical marijuana sales brisk, total $12.3 million for five months
Sales of medical cannabis in Arkansas continue at a strong pace, totaling $12.35 million in the first five months of the program. At this rate, sales are on pace to reach the upper end if not exceed Marijuana Business Factbook projections of $15 million-$20 million for 2019. The sales, representing 1,730 pounds of marijuana, were […]
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Vireo agrees to milestone medical cannabis labor pact in Pennsylvania
Minnesota-based Vireo Health, a multistate marijuana operator, signed the first vertically integrated medical cannabis labor agreement in Pennsylvania, a deal that is being touted as a win for both the employees and the company. The three-year pact is between Vireo’s Pennsylvania Medical Solutions subsidiary and the United Food and Commercial Workers (UFCW) Local 1776. The […]
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Will Illinois change the social equity landscape for the marijuana industry?
Illinois is set to open recreational cannabis dispensaries Jan. 1 after becoming the first state in the nation to officially legalize adult-use marijuana via its Legislature in June – and the marijuana industry will be watching carefully for several reasons, including the program’s significant social equity component. Industry sources say Illinois’ marijuana companies are at the […]
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Group sues Massachusetts over marijuana vaping, e-cigarette ban
A national vaping industry trade organization is asking a federal court to end the vaping ban in Massachusetts, which is intended to halt sales of cannabis vape products as well as e-cigarettes for at least four months. The Vapor Technology Association, which focuses on nicotine-containing vapor products, filed the lawsuit asking a judge to put a […]
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Defying early expectations, wholesale cannabis flower market remains unaffected as vaping health crisis continues
The outbreak of the vaping health crisis fanned speculation that marijuana consumers would forego vape products and shift to other merchandise such as flower and pre-rolls. But wholesale cannabis flower producers aren’t reporting a dramatic impact on pricing in the wake of the vaping crisis. And marijuana retailers are reporting a mixed bag regarding the impact […]
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Cannabis competition case study: Why business models matter
Location matters for cannabis dispensaries, but so does the business model. And a showdown on the Las Vegas strip is a great illustration of how this plays out.
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Cannabis companies seeking short-term help have plenty of options
The gig economy has permeated U.S. culture as companies such as Uber, Lyft and DoorDash offer people a way to make a living while offering services that customers are demanding.
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Possible L.A. vaping ban could be ‘extinction event’ for some marijuana firms, California industry executives say
A yearlong ban on all cannabis vaping sales introduced this week by a Los Angeles City Council member has many in the industry fretting over the future and scrambling to head the motion off before it becomes law. If the city does enact the proposed ban, that could lead to tens of millions – if not […]
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Week in Review: Momentous marijuana banking vote in US House, vape crisis fallout, MA approves MJ cafes/delivery & more
The U.S. House passes a cannabis banking bill with strong bipartisan support, Massachusetts is the first state to nix the sale of all tobacco and marijuana vaping products, a Washington state man sues half a dozen MJ vape companies for allegedly causing his lung illness – and more of the week’s top cannabis business news. […]
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October Issue
With the rise of adult use cannabis, experts see medical marijuana dominated by two distinct markets.Read the Issue