Infused Products & Extraction

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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Chart of the Week: Optimism running high in all marijuana sectors

By Marijuana Business Daily staff Cannabis professionals are bullish on the future these days. About 40% of marijuana entrepreneurs, founders and executives from across the industry predict that their businesses will boom this year, with those in testing, wholesale cultivation and retail among the most optimistic.

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Cannabis Branding Company Raises $8M for National Expansion

A marijuana branding company with a portfolio that includes partners in three western states announced on Tuesday that it has raised $8 million to support an ambitious expansion plan. The company, Las Vegas-based Strainz, said in a press release that the influx of capital will allow the company to continue building its portfolio in Colorado, […]

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Oregon Limits Rec and Medical Edible Doses

On Thursday afternoon, Oregon health officials went ahead with a new limitation on cannabis edibles: those produced for recreational consumers will be limited to five milligrams for a single dose and 50 milligrams for an entire package, and medical edibles will be limited to 100 milligrams per package. Although the Oregon Health Authority will continue […]

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Colorado MMJ Company Sues Competitor, Alleges Foul Play

The founder of Mary’s Medicinals, a Colorado medical marijuana company that produces infused products, has sued competitor RX Green, claiming its owner used underhanded tricks to put her out of business. Nicole Smith, founder and president of Mary’s Medicinals, alleges in a lawsuit in Denver District Court that RX Green owner Joshua Meacham began last August […]

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Oregon Authorizes Early Edibles & Extracts Rec Sales

Oregon Gov. Kate Brown has signed into law a bill permitting medical marijuana dispensaries in the state to sell cannabis-infused products and extracts to recreational consumers before the state’s rec system is completely online. Early rec sales began last October in Oregon, with dispensaries being allowed to sell limited amounts of cannabis flower to adults […]

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Whoopi Goldberg Launches Cannabis Business

Comedian Whoopi Goldberg is the latest celebrity to enter the burgeoning marijuana business. Goldberg is partnering with Maya Elisabeth, the owner of OM Edibles, a growing collective and infused products seller. The pair have launched a separate company called Whoopi & Maya that is developing products specifically for women. The company will offer four cannabis-infused […]

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GW Pharmaceuticals Could Make Major Splash in U.S. Cannabis Industry

By Omar Sacirbey A British company that develops cannabis-based medicine is on the verge of a major breakthrough that could ripple across the U.S. marijuana industry. GW Pharmaceuticals will likely seek FDA approval in the fourth quarter of this year to sell an epilepsy drug derived from marijuana, according to an analyst who follows the company.

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Vermont governor criticizes Massachusetts rec initiative

A battle is brewing between two New England states over which has the better cannabis legalization proposal. Vermont Gov. Peter Shumlin said a recreational legalization bill recently approved by his state’s Senate and now being considered by its House of Representatives is superior to a recreational legalization ballot measure in Massachusetts that backers expect to […]

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Chart of the Week: Profit Margins for Infused Products Can Be Sky High

By Marijuana Business Daily staff Making marijuana-infused chocolate bars, sodas, oils and patches can be a highly profitable endeavor. Profit margins for infused products and concentrates companies in the cannabis sector typically hover around 32%, according to data in the 2016 Marijuana Business Factbook.

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Australian Medical Cannabis Firm Raises $3.59 Million

An Australian medical cannabis company has raised $3.59 million ($5 million Australian) in an institutional placement, according to Business News of Australia. The company – MMJ Phytotech, which develops medical cannabis pills, capsules and dosage regulators – unveiled the development on the same day it announced a $2.5 million loss in the last six months […]

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