Infused Products & Extraction

Canadian MMJ producer awarded Colombian business license

Canadian medical cannabis producer Pharmacielo has secured a license to manufacture MMJ products in Colombia, the first of what will likely be many companies to win a permit in the Latin American country. In fact, Colombia could prove a fertile business opportunity for many expansion-minded cannabis companies from around the globe. “There is no limit on […]

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Oregon Marijuana Edibles Makers Ramping Up Production

Edibles producers in Oregon are increasing production after a strong start to recreational marijuana sales earlier this month. While recreational sales of flower began in Oregon last October, edibles, extracts and topicals were only allowed to be sold to adult-use customers starting June 2. A state economist predicted a 10%-15% recreational sales increase early in […]

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Vermont MMJ Dispensaries Expecting Big Jump in Patient Counts

By Omar Sacirbey Vermont’s small medical marijuana industry could see its patient count more than double after the state added chronic pain to the list of conditions treatable with MMJ. As a result, cannabis businesses are now weighing how best to ramp up production to meet the increased demand.

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Week in Review: IL expanding medical cannabis, OR milestone & CA MMJ revamp

By Omar Sacirbey and John Schroyer Illinois moves to give its medical marijuana industry a boost, Oregon marks a milestone in its adult-use cannabis industry, and California lawmakers embark on a revamp of the state’s MMJ market. Here’s a closer look at several notable developments in the marijuana industry over the past week.

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Ancillary Tech Firm Raises $410k for Infusion Projects

A Seattle-based startup that focuses on technology to infuse products such as sugar with THC has raised $410,000 to help fund its growth. DeepCell Industries, which isn’t a marijuana plant-touching company but stays strictly on the tech-development side, licenses its technology to cannabis product manufacturers, according to GeekWire. The company already has trademarked tech licensed […]

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Oregon Edibles Makers Kick Off Awareness Campaign: “Try 5”

A coalition of edibles manufacturers in Oregon, concerned with a lack of general public knowledge on the potency of their products, have launched a public safety campaign to urge first-time users to take it easy on the dosage when trying such products. The campaign’s slogan? “Try 5,” the Oregonian reported. In other words, edibles makers are […]

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Crowdfunding Now Viable Financing Option for Cannabis Companies

By Omar Sacirbey New federal rules allowing small businesses to tap ordinary folks will give upstart marijuana companies a sorely needed alternative to traditional sources of financing such as angel investors and venture capitalists. The Securities and Exchange Commission’s new rules tied to crowdfunding could create a tidal wave of fresh financing in the cannabis industry. 

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Chart of the Week: 21,000-33,000 Businesses in U.S. Tied to Marijuana Industry

By Marijuana Business Daily staff Tens of thousands of businesses in the United States are tied to the cannabis sector in some fashion, underscoring the marijuana industry’s reach and scope. An estimated 21,000-33,000 companies derive some or all of their revenue from the cannabis industry, according to the 2016 Marijuana Business Factbook.

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OpenVape Partnering With Dutch MJ Company

Colorado concentrate company OpenVape is teaming with Amsterdam’s Green House Seed Co. to collaborate on a new line of products. It’s the latest international partnership in the cannabis industry, and perhaps the first involving U.S. and European companies. OpenVape and Green House will develop a dual brand of cannabis vaporizer cartridges, the companies said in a […]

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Keef Cola, Kiva Confections Form Expansion Partnership

Colorado-based CanCore Concepts, owner of the popular edibles brand Keef Cola, and California-based Kiva Confections, maker of cannabis-infused chocolates, have struck a new type of licensing deal that will give each company access to the other’s home market. Under the agreement, both companies will not only distribute but also manufacture each others’ products on their […]

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Ex-NFL Players Team With California MMJ Company

A whopping 30 former pro football players have signed up with a California-based medical marijuana company to run tests on how cannabis may help with chronic pain and depression. The company, Constance Therapeutics, is an extraction firm based in the San Francisco Bay Area, the Daily Beast reported. The company entered into an agreement with […]

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