Pennsylvania’s medical cannabis dispensaries get the OK to sell flower for vaping, Oregon’s marijuana glut is hurting the state’s smaller growers, and MassRoots reveals that its losses widened to $44 million in 2017. Here’s a closer look at some notable developments in the marijuana industry over the past week. Positive in Pennsylvania The announcement that […]Read More
Wana Brands, a high-profile Colorado edibles maker, has been sued for allegedly stealing confidential business information from a marijuana company that says it was duped into believing it would be acquired. LP Capital, a Colorado extraction company that makes MJ-concentrated vape cartridges, claims in a lawsuit it suffered more than $5 million in damages from lost revenue […]Read More
President Trump has pledged to at least one U.S. senator that the Department of Justice won’t interfere with Colorado’s marijuana laws or businesses, a sign that the administration will take a hands-off approach toward legal MJ companies. According to The Denver Post, Republican U.S. Sen. Cory Gardner said Friday that he had received a commitment […]Read More
The wholesale price and supply situation for various state medical marijuana markets is a mixed bag, with different regulations, patient counts and product availability generating diverse situations. In New Mexico, for example, medical marijuana business owners are experiencing increased demand and rising prices. Elsewhere, however, MMJ business owners are suffering the same fate as their […]Read More
The co-founder of marijuana vape manufacturer Organa Brands is leaving to start a new company focused on hemp-derived wellness products. Ralph Morgan said he is still exploring a name and headquarters location for his new company, which will produce cannabidiol concentrates marketed to a medical audience, not recreational marijuana consumers. Morgan told Marijuana Business Daily […]Read More
According to a new study of cannabis workers in Colorado, there is “an imminent need” for the marijuana industry “to establish formal health and safety training to implement best practices.” The study, conducted by researchers with the department of psychology at Colorado State University, found that roughly 46% of respondents reported receiving little to no safety […]Read More
Rising acceptance for hemp and CBD – combined with easing regulations at the state level – caused U.S. hemp production to surge in 2017. From 2016 to 2017, the number of acres licensed for hemp cultivation in the top 10 hemp-growing states grew by 140% – while the number of hemp producers doubled over the same […]Read More
Whether you’re operating in a newly medical or recreational marijuana market, illicit cannabis sales are an ever-present threat to the legal industry.
Marijuana entrepreneurs can’t control how the black market operates, but there are ways to encourage customers to instead buy from a licensed, regulated business.
Put simply, it requires going above and beyond what black-market operators can offer by way of service and prodRead More
Denver-based American Cannabis Company, a B2B consulting and ancillary marijuana products firm, said it signed a distribution deal to sell two cultivation-related products via the online stores for Walmart, The Home Depot and Amazon. American Cannabis Company plans to use the online retail platforms to sell SoHum Living Soils potting mix and Doctor Marijane Root Probiotic, the […]Read More
The Colorado Marijuana Enforcement Division released a new “Single Universal Symbol” that must be included on packaging and labeling for all cannabis products. The symbol is required for both medical and recreational cannabis, and for all types of products, whether it’s flower, concentrates, edibles, topicals, or vape cartridges, The Cannabist reported. The symbol – which is […]Read More
Colorado-based Helix TCS, a publicly traded ancillary marijuana company, said it signed a merger agreement with BioTrackTHC, a Florida-based seed-to-sale cannabis tracking software company.
The deal’s price tag wasn’t disclosed.
According to an 8-K filing, BioTrackTHC stakeholders will own 48% of Helix TCS once the merger is finalized.Read More
Nevada retailers sold nearly $200 million worth of recreational cannabis since adult-use sales began six months ago, surpassing the total revenue generated by Colorado and Washington state in the early months of their recreational markets.Read More
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