Recreational Marijuana News

Alaska recreational marijuana shop owners eye tourists in push for onsite consumption

Bart Schaneman  | July 20, 2017

By Bart Schaneman

Alaska’s recreational marijuana business owners are fighting for the right to outfit their shops with a separate space to accommodate full consumption, including smoking, on their premises.

The move is largely designed so they can offer the 1 million-plus tourists who visit the state every year a place to consume cannabis.

Uruguay kicks off recreational marijuana sales

John Schroyer  | July 19, 2017

Marijuana aficionados lined up at pharmacies across Uruguay on Wednesday to be among the first in the South American nation to legally buy cannabis as a law regulating its sale took full effect.

Customers showed off blue-and-white envelopes containing the substance, which is now available as part a 2013 measure that made …

FAQ: What businesses need to know about Massachusetts’ recreational cannabis program

Omar Sacirbey  | July 19, 2017

By Omar Sacirbey

Massachusetts’ recreational marijuana market can expect an influx of business license applications now that lawmakers have agreed on an adult-use bill that will serve as the framework for the new industry.

The market will be strong, observers predict, but the stakes will be high for a coveted license.

A Canadian marijuana growth strategy: Q&A with Canopy CEO Bruce Linton

Omar Sacirbey  | July 18, 2017

By Omar Sacirbey

Canada’s biggest medical marijuana producer, Canopy Growth in Smith Falls, Ontario, serves more than one third of the nation's MMJ patients and generated 203 million Canadian dollars ($160 million) in revenue last year.

But the company also lost CA$16.7 million.

How? An aggressive expansion plan.

Marijuana Business Daily expands into Canada

Chris Walsh  | July 17, 2017

Marijuana Business Daily has expanded into Canada by hiring a full-time reporter to write in-depth stories and analysis about the country’s fast-growing cannabis industry.

Matt Lamers, who has worked as a reporter and editor at newspapers and magazines in several countries, will focus on writing for Canadian marijuana business executives, investors and entrepreneurs looking to …

Massachusetts allots $2M to recreational cannabis commission

Bart Schaneman  | July 10, 2017

Massachusetts will funnel $2 million into a state marijuana commission tasked with implementing the state’s recreational cannabis law.

The funding is part of a compromise budget lawmakers passed last week.

The budget compromise could lead to the resumption of negotiations between a House-Senate committee on regulations tied to the adult-use marijuana law approved by Massachusetts voters last …

Colorado awards first cannabis transporter licenses

Bart Schaneman  | July 6, 2017

Colorado regulators granted Green Parcel Service and Colorado Logistics marijuana transporter licenses under a new state law.

The law, which took effect July 1, created a new class of licenses that allow independent companies to provide logistics, distribution and storage services to licensed retail and medical marijuana businesses in Colorado.

A banner start as Nevada launches recreational marijuana sales

Bart Schaneman  | July 5, 2017

By Bart Schaneman

Nevada recreational marijuana sales began with a bang this past weekend, with store owners reporting that purchases far outpaced those of medical cannabis as the state became the fifth in the nation to offer adult-use products.

Week in Review: Nevada rec ready to roll, credit union’s symbolic victory & Canopy’s aggressive growth

Omar Sacirbey  | June 30, 2017

By Omar Sacirbey and Bart Schaneman

Nevada is poised to launch recreational marijuana sales, a cannabis-friendly credit union makes progress in a court case, and Canada’s Canopy Growth is registering losses while expanding its production capacity.

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

California cannabis rules taking shape: Q&A with MJ attorney Khurshid Khoja

John Schroyer  | June 27, 2017

By John Schroyer

California took a big step forward in June by passing a law designed to streamline government oversight for the state's medical and recreational marijuana industries.

Because the new measure combines two laws, it’s complicated.

So Marijuana Business Daily enlisted cannabis attorney Khurshid Khoja to help break it down.