Recreational Marijuana News

Inventory, Operations at Stake Under Washington Cultivation Limits

by Fred Dreier Washington State’s cap on recreational marijuana production could create a variety of consequences for the state’s cannabis industry, from price hikes and inventory shortages to an unprofitable system for growers. In 2013 the state’s Liquor Control Board established a

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Week in Review: Millions of Dollars in Recreational Sales for Colorado Retail Shops

By Chris Walsh How much money have retail marijuana shops in Colorado generated since recreational sales began Jan. 1? It’s the billion-dollar question, the answer to which will give us the first real indication of the recreational market’s potential – both in Colorado and in future states that legalize. We don’t have that answer yet. […]

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Priceline of Cannabis Launches

A new website aims to shake up the marijuana market in several states by offering Priceline-style marijuana deals at local dispensaries. Wikileaf.com allows patients and recreational customers to specify how much they want to spend in general on cannabis. It then returns a list of offers from nearby dispensaries, based on how many grams you […]

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Marijuana Marketing: Q&A with Todd Ellison

Advertising is one of the most frustrating areas of operation for marijuana business owners due to costs, marketing regulations embedded in state laws and tight restrictions from some of the largest marketing resources. But as the industry becomes more crowded, advertising is going to become increasingly important. Todd Ellison operates two boutique marketing firms for […]

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Alaska Legalization Petition Beats Deadline

Legalizing marijuana is such a popular topic in Alaska that local advocates have submitted their petition two weeks before its due date. Marijuana Business Daily reported last month that the Campaign to Regulate Marijuana was on track to submit its legalization petition to Lt. Governor Mead Tredwell by its end of January deadline. The group […]

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Initial Rec Sales Haven’t Increased Support for Legalization

Despite the very smooth rollout of recreational sales in Colorado, it will take longer to convince additional people that the benefits of legalization outweigh the risks. A new CNN/ORC International nationwide survey found that approximately 55% of Americans feel recreational cannabis should be legalized. The poll is particularly noteworthy because it was conducted after adult-use […]

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Lines, edibles shortages in CO

Retail cannabis stores in Colorado reported another day of strong demand for recreational cannabis, though some said they are already running low on edibles and other infused products. Lines formed outside many of the licensed retail shops in the Denver area on Thursday, with customers forced to wait an hour or two to get inside. […]

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Recreational Marijuana Bill Introduced in Vermont

Vermont Sen. David Zuckerman has proposed a bill that would legalize, tax and regulate the sale and use of recreational marijuana. But don’t expect much movement this year: Zuckerman dubbed 2014 a “building year, more than a passage year” for legalization efforts. The bill would create a framework for the wholesale and retail sale of […]

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Update: Huge demand, price increases on 1st day of retail cannabis sales

Colorado’s new era of recreational marijuana sales kicked off Wednesday with massive lines, price hikes and even arbitrary limits on customer purchases. Demand came in on the high end of estimates, surprising many business owners who expected solid – but not overwhelming – traffic on the first day of retail sales. In Denver, consumers queued […]

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Column: 7 Things to Watch as Recreational Marijuana Sales Begin

By Chris Walsh It’s hard to overstate the significance of Jan. 1, 2014, when recreational cannabis sales begin in Colorado. For the first time in US history, state-licensed businesses will sell marijuana to adults 21 and over, launching an industry that could surpass $1 billion in no time. But it won’t be smooth sailing.

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348 Retail Marijuana Licenses Issued in Colorado

Colorado has issued its first business licenses to recreational cannabis companies – marking a major milestone for the industry and setting the stage for retail marijuana sales next week. The state’s Marijuana Enforcement Division announced late Monday that it mailed licenses to 348 cannabis companies – 270 of which are in the Denver area. The […]

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