Recreational Marijuana News

3.1 Million Potential In-State Marijuana Customers in Colorado, Washington

The recreational marijuana market in Colorado and Washington could be substantially larger than initial predictions, with the local customer pool alone hitting a combined 3.1 million in the two states. A new poll found that 26% of Americans said they would purchase marijuana at least on rare occasions if it were legal in their state. […]

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Marijuana Tourism Companies Carving Niche in Colorado

Marijuana tourism companies are preparing for the start of recreational marijuana sales in Colorado on Jan. 1, promoting themed packages that include visits to retail marijuana shops and access to concerts and parties. One company – Get Elevated – is offering a $1,500, five-night cannabis tour in Denver over the New Years holiday. The package […]

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Week in Review: International Green Wave + Medical Marijuana Bombshell in Washington

By Chris Walsh Get ready for the international green wave. A growing number of countries are considering legalizing marijuana for recreational or medical use, and they’re turning to cannabis businesses in the United States for a glimpse of what’s possible. Earlier this week, two dozen dignitaries from Canada, Mexico and Uruguay spent several days getting […]

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Panel to Study Marijuana Legalization in California

The ACLU of California announced today it will conduct a two-year study of California’s marijuana industry. The goal is to identify legal, policy an business issues as the state considers legalizing cannabis for adults. What’s most notable: Lt. Governor Gavin Newsom will chair the 16-member “blue ribbon panel,” which is comprised of law enforcement officials, […]

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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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