Washington State Medical Cannabis Business & Marijuana Legal News

Washington state’s marijuana tracking contract up for bid

Bart Schaneman  | April 11, 2017

By Bart Schaneman

Washington state regulators have begun accepting bids for a new seed-to-sale tracking system to keep tabs on marijuana commerce, a deal with an initial value of about $3 million.

The competition likely will be fierce, given that the contract involves one of the nation’s largest cannabis markets.

Pacific Northwest marijuana investment network set to launch

John Schroyer  | March 21, 2017

Cannabis-related companies in Alaska, Oregon and Washington seeking capital may find some investors through the Cannabis Investment Network, an organization launching this week that aims to connect marijuana firms with financial backers.

Cannabis Investment Network (CIN) is hoping to serve smaller-scale firms that are looking to raise from $500,000 to $3 million, according to a …

Recreational marijuana states undeterred by hints of federal crackdown

John Schroyer  | February 24, 2017

By John Schroyer

Despite ominous overtones from the White House, the eight states that have legalized recreational cannabis are proceeding full-bore, whether it’s with running their existing programs or preparing to launch new ones.

Governors and attorneys general responded in unison: They’ll honor voters’ wishes and conduct business as usual while awaiting specific policies.

Washington state’s MJ edibles labeling rules target child safety

Bart Schaneman  | February 14, 2017

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 …

Chart: Retail marijuana markups in Washington state continue to dip

Eli McVey  | February 13, 2017

By Eli McVey

Washington state cannabis stores continue to face pricing pressures long after the introduction of a new tax structure sent markups plunging, reflecting an increasingly competitive business environment.

Cannabis oil maker files trademark suit against WA grow

Omar Sacirbey  | January 27, 2017

Headspace, a multimillion-dollar marijuana oil company in Southern California that sells a product called The Clear, filed a trademark infringement suit against a Washington state MJ cultivator, Podworks, for using the name Top Shelf Clear for one of its products.

The trademark suit is believed to be the first in Washington involving cannabis, according …

Marijuana data firm announces $2.5 million capital raise

John Schroyer  | January 19, 2017

One of the cannabis industry’s leading sales data firms announced Wednesday it has secured $2.5 million in private funding to expand its product line.

Seattle-based Headset, which specializes in business intelligence for marijuana-related companies, revealed that it has partnered with Arizona-based Hypur Ventures, a venture capital fund, and Salveo Capital, an Illinois-based private …

Two of Washington’s largest recreational marijuana chains on the selling block

John Schroyer  | January 17, 2017

By John Schroyer

Washington state’s two top-selling cannabis retailers are for sale.

Main Street Marijuana owner Ramsey Hamide and Uncle Ike’s owner Ian Eisenberg, who own three storefronts apiece, have united in an attempted joint sale of both companies, they told Marijuana Business Daily on Monday.