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Alaska recreational marijuana shop owners eye tourists in push for onsite consumption

Bart Schaneman  | July 20, 2017

By Bart Schaneman

Alaska’s recreational marijuana business owners are fighting for the right to outfit their shops with a separate space to accommodate full consumption, including smoking, on their premises.

The move is largely designed so they can offer the 1 million-plus tourists who visit the state every year a place to consume cannabis.

FAQ: What businesses need to know about Massachusetts’ recreational cannabis program

Omar Sacirbey  | July 19, 2017

By Omar Sacirbey

Massachusetts’ recreational marijuana market can expect an influx of business license applications now that lawmakers have agreed on an adult-use bill that will serve as the framework for the new industry.

The market will be strong, observers predict, but the stakes will be high for a coveted license.

A Canadian marijuana growth strategy: Q&A with Canopy CEO Bruce Linton

Omar Sacirbey  | July 18, 2017

By Omar Sacirbey

Canada’s biggest medical marijuana producer, Canopy Growth in Smith Falls, Ontario, serves more than one third of the nation's MMJ patients and generated 203 million Canadian dollars ($160 million) in revenue last year.

But the company also lost CA$16.7 million.

How? An aggressive expansion plan.

Cannabis valuations: Finding the right sales price for a marijuana business

John Schroyer  | July 13, 2017

By John Schroyer

Say you’ve had a marijuana business for a few years.

And you’re tired of running it and want to cash out, or maybe you’ve encountered an excited potential buyer looking to get into the industry.

The immediate question is: How much is the company worth?

Canadian cannabis M&As ready to ‘go crazy’: Q&A with Aurora CFO Glen Ibbott

Omar Sacirbey  | July 12, 2017

By Omar Sacirbey

Glen Ibbott had a successful career as a top executive with U.S. life sciences companies worth hundreds of millions of dollars that listed on the Nasdaq Stock Market.

But it wasn’t hard for Canada’s Aurora Cannabis to lure Ibbott north of the border to become the medical marijuana producer’s chief financial officer.

Hemp-based CBD market continues its enormous growth

John Schroyer  | July 11, 2017

By John Schroyer

Just as the marijuana industry has exploded in recent years, so too has a sector that revolves around the plant’s non-psychoactive cousin: hemp.

In particular, demand for hemp-based cannabidiol has skyrocketed, and the resulting need nationwide for more CBD-based health products helped give birth to a new industry that parallels the larger cannabis market.

Week in Review: Massachusetts rec cannabis delay, Denver social use & West Virginia MMJ advisers

Omar Sacirbey  | July 7, 2017

By Omar Sacirbey and Bart Schaneman

Massachusetts lawmakers table negotiations on the state's recreational marijuana law, Denver finalizes rules for social cannabis use, and West Virginia creates an advisory board to help plan its MMJ industry.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

Establishing cannabis industry standards: Q&A with NACB President Andrew Kline

Bart Schaneman  | July 6, 2017

By Bart Schaneman

A new self-regulatory organization aims to tackle a problem plaguing the cannabis industry: a lack of industrywide standards governing areas such as packaging, accounting and public safety.

It also hopes to play a role in resolving another issue: federal government interference.

A banner start as Nevada launches recreational marijuana sales

Bart Schaneman  | July 5, 2017

By Bart Schaneman

Nevada recreational marijuana sales began with a bang this past weekend, with store owners reporting that purchases far outpaced those of medical cannabis as the state became the fifth in the nation to offer adult-use products.