Marijuana Edibles & Infused Products

Raising Money in the Cannabis Industry: Q&A With Brendan Kennedy of Privateer Holdings

By Tony C. Dreibus Privateer Holdings made waves earlier this year when it closed on a $75 million round of financing, the largest infusion of cash into a cannabis-focused private equity firm in the marijuana industry’s short history. What’s more, a major mainstream investor contributed to the round: Paypal co-founder Peter Thiel. The financing windfall […]

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Cannabis Companies Dropped From Denver Fair

Marijuana companies apparently aren’t welcome at the Denver County Fair this year. The fair’s organizers have decided to prohibit marijuana companies from exhibiting this time around following an incident last year involving attendees who were unknowingly served infused candies at the event’s “Pot Pavilion.” Several individuals filed suit, and the case was eventually settled out […]

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Study: Edibles Potency Claims in CA, WA Often Inaccurate

Edibles products in several major cities on the West Coast often include misleading labels that overstate or understate the level of THC and CBD, according to a new study. The report – published in the Journal of the American Medical Association – examined 75 edibles products in Seattle, San Francisco and Los Angeles. It found […]

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Survey Shows Drop in Colorado Cannabis Prices, Spending

Increased competition has led to a decline in marijuana prices and per-customer spending, according to a survey of Colorado cannabis businesses. Customers are spending about $50 per visit, half of what they were a year earlier, according to a survey by Convergex, a New York-based brokerage that services institutional investors. Flower now sells for $250 […]

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4th Annual Marijuana Consumer Survey Underway

Marijuana Business Daily has launched its annual survey of patients and cannabis consumers to gather key market data that will be used to help dispensaries, retail stores, infused products makers and growers understand the wants and needs of customers. Patients and consumers who are 21 or older can take the online survey here. The survey […]

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Colorado Market Data: MJ Consumers Tend to Be Young, Under-Educated

Colorado cannabis business owners need to look no further than a recently released survey from the state to find their primary demographic: young males who haven’t attended college and are in lower income-tax brackets. More than 17% of men currently use cannabis in the state vs. 10% of women, with the average at around 13% […]

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Experts: Canada must develop regulations on cannabis edibles, extracts quickly

By Tony C. Dreibus Canadian officials must craft rules on infused products quickly to ensure patients buy from federally licensed cannabis companies instead of illegal dispensaries or the black market, industry experts said. The Supreme Court of Canada last week struck down a provision in the country’s medical marijuana law that restricted cannabis production,

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Chart of the Week: IRS Audit Rate for Existing Marijuana Businesses

By Becky Olson More than 6% of operational cannabis companies surveyed by Marijuana Business Daily said they have been audited by the Internal Revenue Service, which suggests that the industry faces more scrutiny on the tax front than other sectors. Testing labs reported the highest rate, with roughly 13% saying they have been audited, followed […]

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Controversy Over Minnesota MMJ Company’s New Hire

A Minnesota health department official who played a key role in the state’s medical marijuana licensing process will take the reins of one of the companies that received a permit, leading to concerns over whether the move is ethical. Manny Munson-Regala (pictured), an assistant commissioner at the Minnesota Department of Health, was named chief executive […]

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Jimi Hendrix Marijuana Product Line in Works

Yet another celebrity’s name could soon be tacked onto a line of marijuana products. Toronto-based Nutritional High intends to manufacture marijuana and hemp-based edibles – including hard candies and health and energy drinks – bearing the name of legendary rock guitarist Jimi Hendrix, according to a report by CNNMoney. But the business plan could hit a […]

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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 […]

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