Washington State Medical Cannabis Business & Marijuana Legal News

Washington State MMJ News

Washington state cannabis businesses get help with tracking system transition

The majority of license holders in Washington state have turned to BioTrackTHC’s Universal Cannabis System as a stopgap measure while the industry operates without a state-sanctioned seed-to-sale framework. Florida-based BioTrackTHC’s seed-to-sale contract expired Oct. 31, and the state’s new provider – Denver-based MJ Freeway’s Leaf Data Systems – isn’t expected to go online until Jan. 2018 […]

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Week in Review: Leafly layoffs, deceiving CBD labels & Detroit’s MMJ wins

By Bart Schaneman, Kristen Nichols and John Schroyer  Leafly lays off employees amid new leadership, a study says most CBD products are improperly labeled, and Detroit voters approve pro-medical marijuana laws. Here’s a closer look at some notable developments in the marijuana industry over the past week.

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Cannabis consumer website Leafly lays off 15 employees, hires CEO

The popular marijuana consumer website Leafly has laid off 15 employees and hired a tech entrepreneur to lead the Seattle company as its new CEO. The job reduction – unusual for the cannabis industry – cut Leafly’s workforce by about 13% and leaves the company with about 100 employees, GeekWire reported. Leafly didn’t say which […]

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Marijuana companies weighing billboard advertising’s expense against the exposure

By Omar Sacirbey

Marijuana businesses seeking to market their brands are often caught between restrictions that forbid them from using most mainstream advertising platforms and the financial constraints that young industries typically face.

That tough situation has pushed many marijuana businesses toward billboards as an advertising option.

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Washington state cannabis businesses enter unknown territory with no official seed-to-sale system

Washington state marijuana licensees are incurring added costs in man hours and paperwork now that they’re operating without a contracted state seed-to-sale system. Nov. 1 marked the first day licensed Washington state marijuana businesses have operated without a traceability program, and it’s raising questions about the necessity of such systems.

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Marijuana payment firm to put $2.86M raise toward expansion

Marijuana payment service PayQwick, which brands itself as the PayPal of marijuana, has secured a $2.86 million raise. According to a news release, the Calabasas, California-based company plans to use the funding to increase sales and product development as it expands into California, Nevada, Michigan and Alaska. Here’s what you need to know: PayQwick allows […]

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Washington state county moves to ban legal marijuana grows

A rural county in central Washington state has adopted new cannabis farming regulations so strict they’ll effectively run the region’s 25 licensed marijuana growers out of business. Chelan County, about three hours east of Seattle, enacted new and stricter regulations in August, The Stranger reported, and now “only a handful” of those 25 growers stand […]

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WA cannabis firms may be without seed-to-sale system until 2018

Marijuana companies in Washington state may have to record their business transactions manually for at least two months because the state will lack a working seed-to-sale tracking system, thanks to a delay in getting a new platform online. The Washington State Liquor and Control Board has announced that Leaf Data Systems – Denver-based MJ Freeway’s seed-to-sale […]

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MJ Freeway’s issues mount with more outages, delayed seed-to-sale program

By Bart Schaneman MJ Freeway, one of the leading technology companies in the cannabis industry, continues to experience security and performance issues with its inventory tracking software. The company’s point-of-sale system failed multiple times over the past few days, forcing marijuana retailers nationwide to log transactions by hand or in some cases even close temporarily.

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Marijuana banking confusion snags WA hemp clothing company

A Washington state clothing company has lost its bank account – even though it doesn’t work with marijuana – because of the use of hemp in its products. Owners of the natural-clothing company Rawganique in Blaine say they were shocked when Umpqua Bank – which is headquartered in Portland, Oregon – informed them it would no […]

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Chart: 42% of marijuana business owners plan to expand into new markets

By Eli McVey Over 40% of cannabis business owners are planning to take their companies into a new market within the next year, according to a Marijuana Business Daily survey. Of the business owners intending to expand, the vast majority have identified opportunities in both the medical and recreational markets.

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