Recreational Marijuana News

WA Retail Stores Post $2.6M in Marijuana Sales

The recreational marijuana industry is off to a healthy start in Washington State, with retail stores hauling in $2.6 million during the first month of sales, according to figures for July. The revenue number equates to roughly $108,000 in sales a day. The first retail stores opened in Washington on July 8. To date, only […]

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Colorado Rec Revenues Hit Record $25M in June

June was a banner month for recreational marijuana in Colorado, with retail stores reporting nearly $25 million in sales, according to the state’s latest tax report on the industry. That represents an increase of almost 14% from May, when recreational shops brought in just over $22 million in revenue. June also surpassed April as the […]

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Edibles Come to Washington State’s Rec Market

A Bellingham, Washington, recreational marijuana retailer has become the first in the state to offer cannabis edibles to customers. Top Shelf, one of the largest retailers in the state, has received about 500 packages of cannabis-infused trail mix and nuts from edibles manufacturer Green Chief. While the state’s program allowing legal retail sales launched a […]

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Oregon Landlords Wary of Rec Industry

Entrepreneurs hoping to open retail marijuana shops in Oregon might struggle to find a location if residents legalize cannabis this fall. An informal poll found that roughly a third of local property owners are not willing to lease space to recreational marijuana stores, while 26% said they are not sure if they would. The Portland […]

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Colorado’s 3rd-Largest City Preps for Retail Cannabis Sales

The Denver suburb of Aurora is moving forward with the launch of recreational marijuana sales. Aurora – the third-largest city in Colorado with a population of nearly 350,000 – has officially closed its application window for cannabis shop licenses. The city received a total of 57 applications, according to the Denver Post. It has set […]

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WA Attorney General: Bans OK, but Reasoning Wrong

Two cities in Washington State can prohibit cannabis businesses, just not for the reasons they have stated. That’s the position of the state’s attorney general, who is looking to get involved in lawsuits tied to the bans. The lawsuits challenge moves by Wenatchee and Fife to bar recreational cannabis businesses on the basis that marijuana […]

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Week in Review: Report on CO Rec + Dispensaries Welcome in FL & Lessons From Lawsuit

By Chris Walsh A prominent think tank lends support to Colorado’s recreational cannabis industry, potential dispensary owners in Florida get some good news and a lawsuit underscores business risks tied to the stigma surrounding marijuana. Here’s a closer look at several notable business-related developments in the cannabis industry over the past week:

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Senators Ask Feds for Cannabis Guidance, Consistency

Senators from Colorado and Washington have jointly appealed to the White House and the U.S. Attorney General to coordinate a consistent approach to marijuana policy across federal departments. In a letter sent this week, the lawmakers call out the ongoing disconnect between various federal departments and the impact it is having on the cannabis industry. […]

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Study: WA Rec Industry Not Creating Tourism Boom

Interest in traveling to Seattle has dipped slightly despite the start of recreational cannabis sales earlier this month, according to a new study. The travel website Hopper analyzed billions of online search queries from consumers looking to book trips. It found that searches for travel to Seattle fell about 2% in the week after the […]

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New York Times Urges Marijuana Legalization

The New York Times editorial board is calling for an end to the federal ban on marijuana use and sales, lending some high-level support to the industry. In a weekend editorial, the newspaper takes a balanced approach to the issue, acknowledging that “there are no perfect answers to people’s legitimate concerns about marijuana use.” It […]

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