Infused Products & Extraction

Canadian Supreme Court: MMJ Edibles, Extracts Legal

After a six-year court battle, the Canadian Supreme Court came down on Thursday in favor of medical marijuana in all its forms, effectively legalizing edibles and extracts for patients. The move could potentially open up new business opportunities, though whether companies will be able to produce and sell infused products is unclear. Previously, patients could […]

Read More

Prominent Edibles Company’s Expansion Highlights Evolution of Cannabis Industry

By John Schroyer One of the largest and most prominent infused products manufacturers in the cannabis industry is expanding beyond its home base of Colorado, becoming the latest marijuana company to serve multiple states. Denver-based Dixie Brands will enter California – the biggest medical marijuana market in the country – on July 1, when its […]

Read More

Illinois group: Women have prime opportunity in marijuana industry

A group of Illinois women believe female entrepreneurs have a good chance of succeeding in the cannabis space because they’re not hindered by the old-boy networks that dominate other industries. Dina Rollman, a Chicago attorney and co-founder of Illinois Women in Cannabis, told the Chicago Sun-Times women aren’t “playing catchup” to men in the marijuana […]

Read More

Louisiana Close to Legalizing Medical Marijuana, With Big Unknowns

Louisiana appears poised to legalize some form of medical marijuana sales, but it’s unclear what potency levels the state would permit, and advocates say the entire program could prove to be unworkable. A bill that would allow the sale of non-smokeable forms of cannabis through up to 10 dispensaries statewide sailed through the state House […]

Read More

Colorado Rec Industry to Benefit From Marijuana ‘Tax Holiday’

Colorado will have a special “tax holiday” on Sept. 16 where cannabis consumers won’t have to pay the state’s 10% tax on recreational marijuana, which could lead to a spike in business rivaling traditional cannabis events such as 4/20 or Black Friday. The move stems from an obscure provision in the state’s laws and likely […]

Read More

The Emergence of High-CBD Edibles: Q&A With Sweet Seed Farms’ Gideon Murray

By John Schroyer Gideon Murray spent time as an investment banker, a business development executive, a real estate investor and an English teacher before becoming the chief executive officer of a medical marijuana dispensary in Colorado. Now, he’s getting into the edibles business. Murray is seeking investment capital for

Read More

Wary Doctors Could Dampen Minnesota MMJ Market

Minnesota dispensaries preparing to begin operations next month may see smaller-than-expected patient numbers, as many doctors in the state are undecided on whether they’ll recommend cannabis for certain ailments. Patients who qualify for MMJ in the state must get an endorsement from their doctors, but a survey from the Minnesota Medical Association shows physicians are […]

Read More

Lloyd’s of London to Exit U.S. Cannabis Insurance Industry

By Tony C. Dreibus Lloyd’s of London, the UK-based insurance marketplace, has instructed underwriters not to open or renew existing accounts with marijuana companies in the United States until it’s legal at the federal level, leaving potentially thousands of cannabis business owners seeking new insurers for their crops, buildings and inventory.

Read More

New York MMJ Firm Hires Former Homeland Security, DEA Officials

A company that has applied for a permit to grow, process and dispense medical marijuana in New York has hired the state’s former chief of homeland security and an ex-Drug Enforcement Administration official to prove it’s serious about security before officials begin selecting license winners in July. Empire State Compassionate Care has hired Michael Balboni, […]

Read More

Hemp, CBD Firm Lands $6.5M in Financing From Institutional Investor

CannaVest Corp. said it has closed a $6.5 million round of financing with an unnamed institutional investor, representing one of the larger investment deals in the marijuana industry in recent months. The Las Vegas-based producer and distributor of hemp, cannabis derivative and cannabidiol products will receive the money in six installments: four of $500,000 each, […]

Read More