The worst days of the vaping crisis are likely behind the state-legal marijuana industry, but many MJ firms are turning to technology to help further boost cannabis vape consumer confidence as well as deal with the dip in sales that followed the health scare. Examples of tech-based solutions available to cannabis companies include: Providing certificates of analysis (COA), […]
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MJBizCon 2019 panelists shine spotlight on new and evolving US and global cannabis business opportunities
LAS VEGAS – How might the Canadian cannabis market fare in 2020? What will happen with the SAFE Banking Act in the U.S. Congress? How are U.S. cannabis operators complying with marijuana regulations across multiple states? Those issues and others were among the many U.S. and international cannabis business topics tackled during the second day […]
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Expanded cannabis content offerings highlight MJBizCon as attendees from around the world descend on Las Vegas
Marijuana Business Daily‘s annual MJBizCon – which caters to attendees from more than 75 countries – has extended its scope for the 2019 event with significantly broader program offerings surrounding hemp, marijuana investing, the science of cannabis and more. The series of events are part of the larger MJBizConWeek, which runs from Dec. 9 to […]
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Health officials identify additive in patients with cannabis-related vaping illnesses, a move that could boost legal vape products
U.S. health officials on Friday singled out vitamin E acetate as a likely culprit in the vaping health crisis, reiterating that many of the suspect THC vape products were obtained from illicit sources rather than licensed cannabis businesses. While the exact cause remains unknown, marijuana industry officials said that identifying a possible culprit behind the […]
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Offering consumers a face-to-face experience helps them remember a marijuana brand, experts advise
Whether it’s a cannabis-focused arts and music festival, a “garden party” or a tour that guides visitors from cultivation all the way to the sales floor, experts say that creating memories that stick with customers is among the most effective ways to build brand loyalty. In an industry constrained by regulations that limit cannabis advertising, […]
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Curaleaf amends Cura Partners marijuana deal; antitrust hurdle cleared
Curaleaf, a Massachusetts-based, multistate cannabis operator, is amending the terms of its pending acquisition of Cura Partners because of changing market conditions. Curaleaf, which initially announced the proposed deal in May for an estimated price of almost $1 billion, will now issue 55 million of its shares instead of the original 95.6 million shares in the […]
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Sales of marijuana edibles up in at least four states in wake of vape health scare
The vaping health crisis apparently has been good for the marijuana edibles sector, a sign that consumers are funneling more money into infused products instead of vaporizers. Since the first vape-related death was reported in August, retail sales of edibles have climbed steadily in four states while those of vaping products have declined, though the […]
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Cannabis vaporizer company Pax Labs cuts 25% of workers after missing revenue projections
California-based Pax Labs, one of the leading vape pen companies in the cannabis industry, disclosed Monday it laid off 65 workers, or 25% of its workforce, after missing its revenue projections. The layoffs come amid a health crisis that has shaken the vaporizing industry. The San Francisco company – which originally had ties to the […]
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More than 50% of Wisconsin vape products linked to illnesses contain cannabis
More than half the vape products the U.S. Food and Drug Administration (FDA) tested in its investigation into vaping illnesses in Wisconsin contained THC, the agency reported. Wisconsin does not have a full-strength medical marijuana program, but it is the first state to disclose test results of vape products under investigation after the nationwide health […]
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Washington state temporarily bans flavored marijuana vaping products, targeting a third of top-selling MJ vapes
Washington state health regulators voted overwhelmingly on Wednesday to impose a temporary halt on the sale of flavored tobacco and marijuana vaporizer products, making it the second state after Massachusetts to ban cannabis vapes in some form. The Washington Board of Health voted 7-1 in favor of adopting the 120-day emergency ban, which is set […]
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CA vape maker Kushy Punch in spotlight amid allegations of illegal cannabis products; firm says goods not for sale
Questions are swirling around a well-known California marijuana vaporizer manufacturer after its facility was raided by state authorities for allegedly manufacturing illegal cannabis vape cartridges. The case involving licensed manufacturer Kushy Punch – which contends the vape cartridges were set to be destroyed – comes as the industry is scrambling to respond to a health crisis […]
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Chart: Wholesale market share of marijuana oil cartridges only slightly down since vape crisis
The rash of headlines linking deadly respiratory illnesses to vaping has had little impact on the popularity of such products. The wholesale market share of marijuana oil cartridges has declined only slightly in recent months, but the length and severity of the decline – and whether it is related to the vape crisis – remains […]
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Limited advertising opportunities for cannabis brands means a customer focused strategy.Read the Issue