Infused Products & Extraction

Wall Street takes notice of marijuana: Q&A with cannabis analyst Vivien Azer

By Omar Sacirbey Vivien Azer, apparently the first cannabis analyst at a mainstream investment bank, is bullish on the marijuana industry. And her confidence in the market is a significant reflection of how Wall Street views cannabis. Azer is an analyst at Cowen and Co., a New York investment bank founded in 1918.

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Colorado infused products licenses skyrocket as MJ companies diversify

By John Schroyer

The number of licensed infused cannabis product manufacturers in Colorado has exploded in recent years, state records show.

The surge reflects Colorado’s lack of business license caps, a resulting oversupply of marijuana, and retailers and growers diversifying into new products to boost margins in one of the nation’s most competitive cannabis markets.

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Washington state’s MJ edibles labeling rules target child safety

All edible marijuana products sold in Washington state must now carry a warning on the label notifying consumers they are “not for kids.” The state requirement, which took effect Tuesday for marijuana-infused foods and soft drinks, consists of a red hand, the written warning and the Washington Poison Center’s telephone number, The News Tribune of Tacoma reported. Marijuana […]

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Breaking down borders: The rise of US-Canada cannabis partnerships

By Omar Sacirbey The Green Solution, a large retail marijuana chain in Colorado, wanted a foothold in Canada’s expected recreational cannabis market. Organigram, among the growing number of federally licensed Canadian growers, needed know-how and a name. And so was born a partnership indicative of the growing synergy between the U.S. and Canadian cannabis industries.

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Arizona medical marijuana dispensary issues voluntary recall

Flourish Cannabis, based in Mesa, Arizona, has issued a voluntarily recall for some of its edible products, saying the problem was related to how they were packaged. Health officials in Coconino County, however, said the recall occurred because the products weren’t tested for pathogens. The recall was issued for the company’s marinara pasta sauce, hot sauce, […]

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Alcohol beverage giant Constellation eyes cannabis

The giant beverage company that owns Corona beer and Svedka vodka is considering entering the cannabis industry via MJ-laced libations, a sign that other big players in the alcohol business may eye cannabis as an opportunity rather than a threat. Constellation Brands CEO Rob Sands confirmed in an interview with Bloomberg that his corporation is “looking at” […]

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An $8 billion night: 7 states legalize medical, recreational cannabis in historic election

By Marijuana Business Daily staff The cannabis industry scored a landslide victory Tuesday as four states legalized recreational marijuana and another three approved medical use, cementing the 2016 election’s place in the history books. The developments could lead to $7 billion-$8 billion in additional annual retail cannabis sales, according to Marijuana Business Daily’s preliminary estimates.

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CBD-infused beer gets go-ahead for national distribution

Shipping across state lines? No problem, as long as you leave THC out of the equation. A Colorado-based beer maker that produces CBD-infused brews has received the green light from the federal government to distribute its product line nationwide, according to U.S. News and World Report. Dad and Dude’s Breweria, which is based in an […]

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Slow launch expected for Oregon’s full recreational marijuana market

By John Schroyer Oregon dispensaries hoping to fully tap the state’s recreational marijuana market may have to wait longer than initially expected. Many businesses had hoped to receive recreational marijuana licenses by now and start full sales in October, but it could take months for the lion’s share of them to get final approval. 

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Michigan legislature passes MMJ industry regulations

Michigan lawmakers at long last approved a set of sweeping regulations Wednesday for the state’s sizable medical marijuana industry, paving the way for a statewide oversight and licensing system for MMJ businesses. For years, Michigan’s legislature had failed to agree on a regulatory system that would stabilize Michigan’s MMJ trade. But lawmakers were finally able to pass a package of […]

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Michigan Senate passes statewide medical marijuana regulations

The Michigan state Senate has cleared the way for a new statewide regulatory system for the medical cannabis industry by passing a package of bills, the Detroit News reported. If the five related measures are all approved by the House and given the go-ahead by the governor, it could mean the beginning of a new […]

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