Recreational Marijuana News

Draft Recommendations Could Wipe Out Many WA Medical Cannabis Businesses, Hike Costs for Others

Most existing medical marijuana operations in Washington could go out of business if the state adopts draft recommendations released this week, while others would have to shell out hundreds of thousands of dollars in additional expenses to continue operating. The draft regulatory recommendations, issued by a work group Monday afternoon, seek to fold Washington’s medical […]

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Week in Review: 6 Takeaways From Recent PR Ordeals + Washington Cannabis Regulations

By Chris Walsh For the second time in five months, a prominent medical marijuana company has found itself on the defensive after critical postings online set investors on edge. Earlier this week, MedBox Inc. issued a shareholder letter to rebut an investigative article painting the company and its founder in a negative light. MedBox also […]

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100+ Colorado MMJ Dispensaries Seek Recreational Marijuana Permits on 1st Day

At least 100 medical marijuana dispensaries in Colorado queued up to submit applications for recreational cannabis licenses on the first day of the process, reflecting sizable interest in the new industry and promising to pump hundreds of thousands of dollars into state coffers. The Colorado Marijuana Enforcement Division (MED) said it accepted 14 applications for […]

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Rise of Recreational Marijuana Market Could Usher in Banking Changes

The marijuana industry could get help on one of its thorniest problems – banking – in an indirect way from the emergence of the adult-use cannabis markets in Colorado and Washington. Both states are set to begin accepting applications for marijuana business licenses soon, meaning they’ll also start collecting hundreds of thousands of dollars in […]

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Recreational Marijuana Retailers to Face Major Advertising Restrictions in Colorado

By Anne Holland Want to post a video on YouTube about your new marijuana store? Or maybe run a special offer on Twitter? Interested in placing ads on any media that target the out-of-state tourist market? Under Colorado’s retail marijuana rules released earlier this month, all of these types of advertising would be against the law.

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WA Significantly Revises Proposed Rules for Recreational Cannabis Businesses

By Anne Holland Today the Washington State Liquor Control Board (LCB) announced key changes to its proposed rules for recreational cannabis businesses under the state’s Initiative 502. Key changes are designed to open up more potential locations for retail in built-up areas such as Seattle, and to stop large corporations or monopolies from dominating production, […]

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Week in Review: A Game-Changer for Cannabis Industry or More False Hope?

Ask cannabis professionals and advocates what they think about last week’s announcement from the Department of Justice, and you’ll likely get an answer filled with superlatives. Some are calling it the biggest development for the cannabis cause in decades and a decision of historic proportions. Others are going so far as to say it is […]

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Colorado Retail Cannabis Opportunities Limited for Newcomers as Existing MMJ Businesses Get Edge

Getting involved in the recreational marijuana business in Colorado could take a lot longer for newcomers than initially expected. The state is moving forward with rules that will prevent new players from applying for licenses to operate adult-use cannabis stores until next summer, giving existing medical marijuana dispensaries a nine-month head start. Now, Denver – […]

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