Recreational Marijuana News

California lawmakers propose cannabis tax cuts to curb the state’s black market

In an effort to jump-start California’s sluggish legal marijuana marketplace, a group of Democratic state lawmakers proposed a bill that would for the next three years eliminate the state’s $148-per-pound cultivation tax on farmers and reduce the state’s 15% excise tax on retail sales to 11%. The bill is designed to combat the state’s entrenched black […]

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Massachusetts hits $24M in adult-use marijuana sales as state issues 100th license

Recreational marijuana shops in Massachusetts have racked up nearly $24 million in sales since the initial ones opened two months ago. That’s according to the Cannabis Control Commission (CCC), the state’s marijuana regulatory agency, which also this week issued its 100th recreational marijuana business license and moved three shops closer to opening their doors to […]

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WA ponders allowing small marijuana growers to sell direct to consumers

Washington state will consider allowing small cannabis farmers to sell directly to consumers, similar to what’s allowed for wineries, breweries and distilleries, according to the state’s top marijuana regulator. The move, if approved by regulators, would give smaller growers a financial shot in the arm through increased sales – and could spur other states to follow […]

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British Columbia, Ontario at bottom of per-person legal cannabis sales

Provinces with more physical cannabis stores saw significantly higher per-person sales in the six weeks after Canada’s legalization of recreational marijuana, according to new data from Statistics Canada – an indication that consumers have a strong preference to buy their cannabis offline. British Columbia – the province with the biggest underground cannabis economy – reported […]

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If these Northeast states legalize adult-use marijuana, they could generate billions of dollars in sales

The legalization of recreational marijuana appears poised to sweep across the Northeast, which could result in billions of dollars of business opportunities over the next few years in a densely populated region of the nation. “Now that there’s (retail marijuana) stores in Massachusetts, we are really starting to see the dominoes fall,” said Matt Schweich, […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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, […]

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