Recreational Marijuana News

Compliance costs, lost market share could take toll on cannabis edibles firms under new Washington state rules

A Washington state marijuana trade association is warning regulators that new packaging, labeling and product design rules for cannabis-infused edibles and beverages might decimate edibles manufacturers’ bottom line. According to experts, the cost for some businesses to comply could be $100,000, and that doesn’t include lost revenue for manufacturers who have kept new products off […]

Read More

Overseeing half a decade of legal cannabis: Q&A with Denver marijuana czar Ashley Kilroy

Ashley Kilroy has overseen Denver’s recreational cannabis industry since Colorado launched adult-use sales in 2014. As director of Denver’s Department of Excise and Licenses and the agency’s Office of Marijuana Policy, Kilroy has seen cannabis business owners experience growing pains as the industry has matured. “Being first wasn’t easy,” she said. “We’re proud of what we […]

Read More

California marijuana company plans $200 million campus in New York

Ahead of New York’s anticipated legalization of recreational cannabis, San Diego-based Flora California Prime is laying the groundwork to build a $200 million, 1.25 million-square-foot cannabis cultivation, manufacturing and distribution facility on 47 acres of land in Buffalo. According to Buffalo TV station WKBW, construction on the facility could begin once state lawmakers approve legislation […]

Read More

MA marijuana regulators seek to end towns’ excessive demands on MJ firms

The Massachusetts Cannabis Control Commission is asking the state Legislature for more authority to halt excessive financial agreements between marijuana businesses and the municipalities in which they operate. Marijuana firms in the state pay up to 3% of their annual revenue to the cities or towns they call home. Those payments are intended to offset […]

Read More

WA cannabis regulators OK new deadline for packaging, labeling and design rules

The Washington State Liquor and Cannabis board voted Wednesday to give marijuana retailers, cultivators and concentrates and infused product manufacturers until Jan. 1, 2020, to comply with all packaging, labeling and design rules that regulators approved last year.   The new regulations: Require an additional universal symbol on packaging for all marijuana products. Restrict all […]

Read More

Washington state cannabis regulators will soon take up mandatory pesticide testing

Washington state regulators are discussing changes to the recreational marijuana program, including implementing mandatory pesticide testing in the near future. The prospect of mandatory pesticide testing has been a cause for concern among smaller cultivation operations. They worry that any added operational costs could eat away at already slim profit margins. On the other hand, […]

Read More

Oregon cannabis harvest floods market again, driving prices even lower

More than a million pounds of marijuana flooded an oversaturated Oregon market last October, keeping prices low and further straining burdened cannabis businesses. Oregon’s marijuana cultivators harvested more than 2.5 million pounds of wet cannabis last October, with 1.3 million pounds of “usable” marijuana entered into the state MJ tracking system by December. That’s down […]

Read More

MA planning board says no to million-square-foot marijuana grow facility

The Charlton, Massachusetts, planning board unanimously rejected a cannabis company’s site plan to build a $100 million, 1 million-square-foot marijuana processing and cultivation facility in the town, The Boston Globe reported. It would have been one of the largest marijuana processing/cultivation facilities in the United States. To read more about the board’s decision, click here.

Read More

Chart: Massachusetts recreational marijuana sales soar in first month despite obstacles

Massachusetts dispensaries rang up $9.3 million in recreational marijuana sales during the first four weeks of operation, an impressive feat considering only two stores were selling adult-use cannabis during the bulk of this period. Compared with the first month of rec sales in other states, Massachusetts had lower gross sales but far fewer operating dispensaries […]

Read More

Report: CA-backed bank for marijuana businesses would face insurmountable hurdles

California would likely lose money and face overwhelming federal barriers if it tried to create a state-backed bank to help cannabis businesses navigate banking challenges, according to a report released by the state treasurer. The report puts an end for now to hopes the state could find a banking solution for marijuana businesses. Since marijuana […]

Read More