Infused Products & Extraction

Regulatory switch will cost Washington state marijuana edibles producers $895

Cannabis businesses in Washington state will need to pay an annual fee of $895 to produce cannabis-infused edibles starting next month. The new charge stems from a special license endorsement that will be required of edibles makers starting April 1, when the state’s Department of Agriculture begins regulating infused product makers, according to a news […]

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Canadian companies gear up for cannabis-infused market before legalization

Canadian companies are getting a head start on the country’s marijuana-infused beverages industry, even before legislation has been introduced to legalize THC-added products. Companies are turning to cannabidiol, which does not have psychoactive effects and is already legal, to get a leg up on competitors. Recreational cannabis flower and oil are expected to be legalized in Canada by the […]

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Hemp company launches first cannabis line aimed at minorities

A North Carolina company is making the cannabis industry’s first play for consumers of color with a line of beauty products aimed at ethnic minorities. The Hemp Excellence line of body lotions, lip balms and CBD capsules went on sale this month at two beauty shops that cater to women of color in Winston-Salem, North Carolina. […]

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Tennessee judge allows CBD sellers shuttered during raids to reopen

Nearly two dozen Tennessee stores padlocked for selling CBD are back open after a local judge ordered that keys and cash registers be returned to the 23 stores shuttered Feb. 12 in Nashville suburbs. Rutherford County Circuit Judge Royce Taylor ordered the stores to be allowed to reopen Friday, the same day that 16 defendants […]

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5 business points to consider in Thursday’s high-stakes CBD court case

The Hemp Industries Association and a handful of cannabis entrepreneurs are taking the U.S. Drug Enforcement Administration to court Thursday in a high-stakes case over the agency’s 2016 pronouncement that CBD is an illegal drug – the same as marijuana. The case won’t be decided for months, but the outcome is important for the entire […]

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Tourism business opportunities await as Ontario mulls cannabis in hotels, lounges, RVs

Ontario is weighing recreational cannabis consumption in hotels, lounges and RVs, a move that would create a “‘potentially huge” new tourism industry in Canada’s most-populous province if the rules are adopted, according to industry leaders. The proposals are part of updated regulations published by the province and released for public comment. The business-friendly measures represent […]

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‘Decimated’ by oversupply, Oregon wholesale prices for outdoor-grown trim, flower for oil drop to $50 a pound

Oregon’s marijuana cultivators are facing a challenging environment that favors vertically integrated companies and craft cannabis.

Wholesale prices for outdoor-grown marijuana have dropped to as low as $50 a pound. 

These low wholesale prices refer to trim and to outdoor-grown flower sold to processors who make cannabis oil.

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20 people to watch in 2018

The cannabis industry is poised for huge growth in 2018 thanks in part to the expected launch of several massive new marijuana markets such as California and Canada, which will generate billions of dollars in sales and create tens of thousands of business opportunities.

The changing business climate will lead to new challenges, struggles and, potentially, failures for companies and the individuals behind them.

As we hurtle into 2018, the editorial staff at Marijuana Business Magazine – which is published by Marijuana Business Daily – singled out 20 executives in the cannabis space who bear watching in the year ahead.

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Colorado hemp grower wins processing appeal

A western Colorado town is changing its land development rules to allow CBD extraction from hemp, a change prompted by a hemp grower who appealed zoning rules that allowed him to grow hemp but not process it. David Cox, who is licensed to grow 100 acres of hemp, successfully argued that processing hemp is similar […]

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Bronnor marijuana vape pens recalled in Colorado over ethanol concerns

Colorado-based Bronnor Corp. has voluntarily recalled cannabis vaporizer pens over concerns about possible ethanol contamination.

The Colorado Department of Taxation issued a public safety advisory Jan. 24 stemming from potentially unsafe levels of residual ethanol in a Bronnor-manufactured product, Bullet Concentrates, according to Denver alternative weekly Westword.

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Demand for medical marijuana is surging in Germany

Demand for medical marijuana in Germany is surging, opening new opportunities for overseas companies. Canadian MMJ companies, in particular, have been quick to position themselves to meet a supply shortfall in Germany. By the end of 2017, a total of 13,000 patients had applied for medical marijuana reimbursements from three large health insurance companies, Rheinische Post reported. […]

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Colorado marijuana edibles maker Wana Brands expands into Arizona

As the first step of a plan to expand into six marijuana states in 2018, edibles maker Wana Brands has established a presence in Arizona.

According to a news release, the Colorado company’s gummies are now available in medical cannabis dispensaries throughout the state.

Wana Brands’ products will be manufactured and distributed through an agreement with AltMed Arizona.

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