Recreational Marijuana News

Groups working to develop standards for cannabis businesses

Bart Schaneman  | March 30, 2017

By Bart Schaneman

Cannabis trade groups, state officials and marijuana industry leaders are pursuing the development of standards and best practices covering organic certification, labor practices and energy use in a bid to further legitimize and professionalize the industry.

These efforts could bolster both the marijuana sector’s image among consumers and MJ companies’ bottom lines.

Las Vegas cannabis lounge options are taking shape

John Schroyer  | March 28, 2017

Marijuana consumption lounges in Las Vegas are looking more and more as if they’ll become a reality for cannabis entrepreneurs.

At a Clark County marijuana advisory panel meeting Monday, the board “spent most of its first meeting” talking about proposals for such a concept and how cannabis clubs would be regulated, the Las …

Report: Canada’s legal rec MJ program to start by July 2018

Omar Sacirbey  | March 27, 2017

Recreational marijuana will become legal in Canada by July 1, 2018, CBC News reported Monday.

The disclosure of the launch date for Canada’s rec sales is expected to piggyback on the liberal government’s announcement next month about the nation’s cannabis legislation, according to the national broadcaster.

Under the proposed legislation, which could be unveiled …

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 …

Week in Review: Sessions’ cannabis remarks, Oxford MMJ research & odd pairing in MA

John Schroyer  | March 17, 2017

By John Schroyer, Bart Schaneman and Omar Sacirbey

Attorney General Jeff Sessions again criticizes marijuana without offering a clear policy plan, Oxford University receives millions to study medical cannabis, and Massachusetts liquor store owners are eyeing the rec MJ market.

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

Cannabis public use measures could spur MJ sales, businesses

Bart Schaneman  | March 16, 2017

By Bart Schaneman

From Alaska to Massachusetts, a number of states are weighing measures to allow people to consume cannabis in public places such as clubs and other venues.

Legalizing cannabis clubs and other venues for public consumption could spur MJ sales and create new business opportunities, said industry officials.