Dispensary/Retail Store Business News

Cannabis rule changes afoot in Portland and rest of Oregon

Omar Sacirbey  | December 16, 2016

Marijuana businesses in Portland as well as other Oregon cities soon could see some relief with new and pending rules from city and state regulators.

The Oregon Health Authority issued revised testing regulations this week that essentially require marijuana growers to go through the same tests, but with less frequency, for potency, solvents and …

San Diego MMJ dispensaries could sell rec cannabis under proposal

Bart Schaneman  | December 13, 2016

Following last month’s passage of Proposition 64, San Diego has proposed allowing the city’s 15 medical marijuana dispensaries to sell recreational cannabis once it becomes legal in California in January 2018.

The city is the only one in San Diego County that has signaled it intends to permit adult-use sales, the San Diego Union Tribune …

New York lets MMJ firms wholesale products, sell more brands

Bart Schaneman  | December 9, 2016

New York regulators unveiled more steps to pump new life into the state’s struggling medical marijuana industry, including new rules allowing MMJ growers to sell their products at one another’s dispensaries to alleviate potential supply shortfalls and boost sales.

The New York State Department of Health’s changes also include an expansion …

Testing rules sinking Oregon marijuana sales, report shows

Omar Sacirbey  | December 8, 2016

Marijuana sales in Oregon have been sliding since the state implemented stringent new testing rules on Oct. 1, dropping 8.5% to $29.5 million that month.

The October decline marked the first time since May that the market posted sales below $30 million, according to a new report.

The report, by Colorado-based BDS Analytics, …

Canadian medical cannabis grower partners with First Nations leader

Omar Sacirbey  | December 7, 2016

Cronos Group, which owns two federally licensed medical marijuana growers in Canada, is partnering with the former national chief of the Assembly of First Nations, Phil Fontaine, with the aim of bringing MMJ products and jobs to indigenous communities across the country.

The former First Nations leader and Cronos, formerly known as PharmaCan …

Chart: Healthy markups for MJ strains with celebrity names

Eli McVey  | December 5, 2016

By Eli McVey

Celebrity-branded marijuana strains are commanding a premium in recreational markets by capitalizing on name recognition and sophisticated branding.

The average markup of a celebrity-branded strain versus its unbranded counterpart is approximately 24%, which often equates to $5-$10 more per eighth, according to an analysis by Marijuana Business Daily.

Minnesota approves PTSD for medical cannabis program

John Schroyer  | December 1, 2016

Minnesota’s two medical marijuana producers will be getting a bigger patient base and more ways to deliver MMJ to patients under a new ruling released Thursday by the state’s health department.

Medical patients suffering from post-traumatic stress disorder will be able to start making MMJ purchases in August, and the two medical cannabis …

Report: MMJ producers would also supply Canada’s rec program

Omar Sacirbey  | December 1, 2016

Canada’s 36 federally licensed medical marijuana producers would become the initial cultivators for the country’s proposed legalized recreational program under a plan delivered to Prime Minister Justin Trudeau, sources told the Globe and Mail newspaper.

A task force responsible for recommending how the country’s proposed marijuana legalization system will be regulated delivered its …