By John Schroyer New regulations on edibles in Colorado’s recreational marijuana market have created operational hurdles – and tens of thousands of dollars in added expenses – for infused products companies. The regulations, which went into effect Feb. 1, include THC limits of 100 milligrams per container
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CO Rec Stores Unloading Edibles Inventory
In advance of new regulations for infused products in Colorado, many recreational stores in the state are slashing prices on edibles to avoid having to destroy them in a few days. One shop, for example, is selling a Dixie Elixirs infused drink that normally retails at $22.50 for just $7, according to the Cannabist. Starting […]
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Pennsylvania MMJ Efforts Get Big Boost from Governor
The chances that Pennsylvania could become one of the next states to legalize medical marijuana improved markedly this week. Gov. Tom Wolf (pictured), who took office this month, has come out in support of MMJ, saying he will sign a bill to legalize medical marijuana if it passes the state Legislature. That’s a big departure […]
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Plan to Open 1st Alaska ‘Dispensary’ Draws Criticism
The former TV reporter who generated controversy last fall when she quit her job on-air to support Alaska’s recreational marijuana legalization effort is at it again. Charlo Greene plans to open a pseudo-dispensary in downtown Anchorage on Feb. 24, the day rec possession and consumption formally become legal in the state, according to the Alaska […]
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California Tribe Inks MMJ Deal
It’s official: Native Americans are getting into the marijuana industry. The Pinoleville Pomo Nation announced that it has solidified a deal with FoxBarry Development Company to build a 90,000 square foot indoor cultivation center for medical marijuana on its land north of San Francisco, in Mendocino County. Construction is slated to begin next month, and operations […]
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1,600+ Applicants for 10 Rec Licenses in Colorado County
How popular is the marijuana business in Colorado? Here’s one indication: A single county that plans on issuing a total of 10 business licenses received roughly 1,608 applications in a three-week period in January. Adams County officials accepted applications between Jan. 2 and 22 for three retail marijuana shops, three cultivation facilities, three infused products […]
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Report: Cannabis Sales Rise 74% in 2014
Medical and recreational marijuana sales jumped 74% last year to hit $2.7 billion compared with roughly $1.5 billion in 2013, ranking cannabis as the fastest-growing industry in the United States, according to a new report. The study estimates that sales will grow another 32% in 2015 and hit $11 billion annually by 2019, the Huffington […]
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3rd Annual Marijuana Business & Investor Survey Underway
Marijuana Business Media has launched its annual survey of cannabis professionals to gather key financial, operational, business and market data about the booming MJ industry in the United States. Cannabis business owners, executives, investors and entrepreneurs can take the online survey here. The survey – which is completely anonymous – covers everything from startup costs […]
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Colorado’s MMJ Program Up for Renewal
Marijuana will likely be a hot topic among lawmakers in Colorado this year, as the state’s medical cannabis program is up for renewal. The current law expires this year, which gives the state an opportunity to make some changes. Legislators will likely consider making lab testing mandatory for medical cannabis products, according to the Associated […]
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Newest Infused Product: Cannabis Lubricant
It seems there’s no limit to what can be infused with THC. Starting next week, Colorado consumers will be able to purchase a marijuana-infused lubricant called Foria, just in time for Valentine’s Day. The product has been on sale in California for several months in MMJ dispensaries and cooperatives, but is only now making its […]
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Oregon Lawmakers Introduce 16 Marijuana Bills
A bill that would prevent recreational shops from locating within one mile of schools is among 16 pieces of legislation tied to the cannabis industry introduced in Oregon this week. Lawmakers behind the measures are attempting to wade through a host of issues on how to regulated the new rec industry and the existing medical […]
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Touchdown! NFL Playoffs Could Boost CO, WA Rec Sales
Recreational marijuana shops could score big this weekend with both Colorado and Washington State set to host NFL playoff games. Cannabis stores in Denver are expecting a boost in sales Sunday when the Broncos take on the Indianapolis Colts, according to a local TV station. While marijuana purchases typically rise when the Broncos have a […]
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August Issue
How craft cannabis businesses are catering to consumers' desire for high end, small batch products.Read the Issue