Recreational Marijuana News

Chart: Most California municipalities ban commercial cannabis activity

Two-thirds of California municipalities prohibit marijuana businesses from setting up shop, underscoring the hurdles MJ entrepreneurs face in trying to break into the world’s largest legal cannabis market. Only 161 of California’s 482 municipalities and 24 of the 58 counties have opted to allow commercial cannabis activity of any sort, according to data from CannaRegs, […]

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Legal cannabis sales top $6 billion in Colorado

Colorado’s legal marijuana market hit a milestone at the end of 2018, going over $6 billion in combined recreational and medical sales since the adult-use market launched on New Year’s Day in 2014. But since 2016, recreational sales have continued to climb as medical sales have taken a serious dip. In 2018 alone, there was […]

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Luxury retailer Barneys New York to sell marijuana products in California flagship

Upscale specialty retailer Barneys New York announced plans to sell cannabis products and accessories in a new “luxury” head shop called The High End, the latest mainstream company to capitalize on the marijuana industry. The shop will open in March inside the Barneys flagship store in the tiny Southern California town of Beverly Hills. The […]

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Connecticut billboard pointing to legal marijuana sales across border sparks squabble

A highway billboard in Connecticut that reads “Weed is legal in 60 miles,” meaning cannabis is legally for sale via businesses that sit just across the border in Massachusetts, has prompted a community stir, Rocky Hill TV station WFSB reported. The billboard – which includes the logo for the tech company Weedmaps – also reflects why […]

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US attorney warns Oregon against interstate marijuana export plan

The U.S. attorney for Oregon has warned against a proposal to permit local cannabis companies to export crops and products to other states. U.S. Attorney Billy Williams reiterated on Thursday the fact that transporting marijuana across state lines is a federal crime. Williams is determined to crack down on out-of-state diversion in Oregon, which is beset by […]

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Nevada’s Clark County punts on marijuana consumption lounge talks

The Clark County Commission in Nevada postponed deliberations on cannabis consumption lounges, saying it will let the state take the lead on the issue. Despite the county’s decision, Las Vegas, which is located in Clark County, plans to continue its discussions about social consumption spaces when the City Council’s recommending committee meets Feb. 19, the […]

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Study: Oregon would double marijuana supply if all producer licenses allotted

A new study of the economics of Oregon’s recreational cannabis industry shows the state would nearly double its cannabis supply if regulators approved all pending producer applications, which could potentially strain an already glutted market. Oregon’s market has struggled with oversupply issues, driving prices down for adult-use cannabis growers and attracting pressure from federal regulators […]

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Audit says Oregon marijuana regulators fail to meet basic standards

A new audit released by the Oregon Secretary of State examined the state’s regulation of the cannabis market and concluded that regulators are coming up short in a number of areas. The audit is the first detailed look at cannabis regulation in Oregon since voters approved the legalization of adult-use marijuana in 2014, the Oregonian […]

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Lack of cannabis tracking data in WA sparks confusion, missed business opportunities

A dearth of comprehensive price and sales data and incorrect figures about marijuana commerce have sowed confusion among cannabis businesses in Washington state since regulators rolled out a new traceability system more than a year ago. Cannabis analytics companies that long relied on the data have watched their revenues shrink. Also, the lack of market […]

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Molson Coors CBD-beverage partner Hexo closes CA$57.6 million share offering

Hexo Corp., a licensed producer of cannabis based in Quebec, Canada, raised 57.6 million Canadian dollars ($43.7 million) Wednesday when it closed its offering of common shares. The company said in a news release it will use the proceeds for global expansion and research and development. The Quebec cultivator, which trades as Hexo on the Toronto Stock […]

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Maine seeks new consultant to draft adult-use marijuana program’s rules

Maine released a request for proposals this week that said it’s again looking for a consultant to help put a regulatory structure in place for the state’s long-delayed, adult-use cannabis marketplace. Last week, Maine upended the state’s timeline for legal marijuana sales when it withdrew from a contract with Botec  Analysis, a Los Angeles consulting […]

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