Marijuana Edibles & Infused Products

Is vertical integration the right approach for your cannabis business?

Kevin Currier has lost sleep over the prospect of vertically integrating his new marijuana business in Michigan.

A Michigan resident, Currier applied for a medical cannabis retail license in Grand Rapids while the state transitions to a recreational market.

But he often wonders whether vertical integration – having a cultivation and retail component to a company – would better position him for success.

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Ancillary marijuana companies hit by declining economies pivot to emerging MJ markets

Tumbling wholesale cannabis prices in some markets are devastating plant-touching operators and generating negative fallout for ancillary companies that provide services and products to those businesses. In order for supplementary companies such as accountants, consultants and security firms to continue to grow and maintain healthy revenue streams, some owners are looking to emerging cannabis markets […]

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Ohio grants cannabis firm permission to produce concentrates, edibles, topicals

Ohio awarded the state’s first certificate of operation to a medical marijuana processor, which will allow for manufacturing of cannabis edibles, tinctures, topicals and other products. This could prove a boon to sales for Ohio’s medical marijuana firms because only plant material – flower – has been available for purchase since the state’s first dispensaries […]

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CA enforcement actions on illicit marijuana firms net more than $1.2M in product

In the latest enforcement actions targeting California’s illicit cannabis businesses, state and local agencies recently seized more than $1.2 million in illegal marijuana and MJ products in a series of raids. California licensed cannabis firms have kept a close eye on authorities’ crackdown efforts since illicit operators severely undercut legal sales. According to news releases: […]

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Chart: Adult-use marijuana sales spike 7% on Valentine’s Day

Valentine’s Day isn’t just an opportunity to express love, it’s also an opportunity to spend – a trend that is reflected in retail marijuana expenditures in several adult-use markets. The National Retail Federation (NRF) estimated that total 2019 spending on Valentine’s Day gifts in the United States would exceed $20 billion, making the holiday No. 3 […]

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Report: Largest marijuana firms already control most of Canada’s regulated adult-use market

Canada’s largest licensed cannabis producers already have a stranglehold on the country’s regulated recreational market just four months into legalization, according to analysts. Canaccord Genuity estimates Canopy Growth and Aurora Cannabis combined represented almost 50% of the sales volume in the first three months of legalization. “After including estimated contributions from Tilray and Aphria, we […]

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How Canadian firms and money are shaping US cannabis sector: Q&A with The Apothecarium’s Ryan Hudson

Ryan Hudson co-founded The Apothecarium in San Francisco in 2011. On Monday, he agreed to sell the retail company and its assets to a Canadian wellness firm for a cool $118 million to help fuel future growth. Hudson – who will remain The Apothecarium’s CEO – is the latest in a slew of California marijuana executives who’ve sold […]

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CA tries to clarify rules around THC limits in edibles, potentially spelling relief for infused product firms, labs

California’s infused product makers and testing labs are breathing a sigh of relief now that state regulators have sought to clarify rules governing THC potency for edibles and beverages, a move that is expected to result in fewer products failing lab tests. The brouhaha arose after California’s permanent cannabis regulations took effect last month. Two of the three […]

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Molson Coors CBD-beverage partner Hexo closes CA$57.6 million share offering

Hexo Corp., a licensed producer of cannabis based in Quebec, Canada, raised 57.6 million Canadian dollars ($43.7 million) Wednesday when it closed its offering of common shares. The company said in a news release it will use the proceeds for global expansion and research and development. The Quebec cultivator, which trades as Hexo on the Toronto Stock […]

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Cannabis products firm Slang lists on Canadian exchange after buying Organa Brands

Unlike many of its predecessors, Slang Worldwide (CSE: SLNG) saw a relatively stable first day on the Canadian Securities Exchange, opening at 2 Canadian dollars ($1.51) and closing at CA$1.99. The branded consumer products cannabis company, went public Tuesday on the Canadian Securities Exchange with an implied market value of $541 million (CA$718 million). The […]

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