Ancillary Marijuana Companies

Marijuana firms in the dark when it comes to social media advertising

Bart Schaneman  | September 21, 2017

By Bart Schaneman

Years after legal markets have come online, marijuana businesses are still at a loss when it comes to what's considered acceptable advertising on social media.

They're throwing spaghetti at the wall, and absent any feedback from Facebook, Instagram, Twitter and the like, it's almost impossible to know what's going to stick.

Las Vegas marijuana lounges on hold until Denver clubs open

Kevin Huhn  | September 20, 2017

Las Vegas tourists won’t be able to visit marijuana consumption clubs any time soon.

Commissioners in Nevada’s Clark County – home to Las Vegas – have decided to wait until Denver allows the nation’s first cannabis consumption club to open before they further discuss licensing and regulating marijuana lounges in Sin City.

“I don’t see …

Marijuana consumption bus firm trying to roll into new markets

Omar Sacirbey  | September 20, 2017

A Denver-based company that operates buses on which marijuana consumption is allowed wants to expand its services to states such as California, Massachusetts and Nevada in 2018.

Loopr, which operates the so-called “Puff Buses,” is in talks with officials in Los Angeles and Las Vegas to bring the service to those cities, according …

MA holding company helps Israeli MMJ firm expand US reach

Omar Sacirbey  | September 20, 2017

Medical marijuana research firm Tikun Olam has expanded its partnership with a canna-centric Massachusetts holding company that will eventually increase the Israeli business’ U.S. footprint to seven states.

Under its new agreement with Newton, Massachusetts-based holding company MariMed, Tikun Olam’s MMJ products will be grown, manufactured and sold in four states where MariMed has …

LSU completes deal with medical marijuana producer

Kevin Huhn  | September 18, 2017

Louisiana State University has completed its contract with a company that will grow medical marijuana and expects production to begin as early as mid-2018.

The LSU AgCenter said in announcing the arrangement Monday that its new partner, Las Vegas-based GB Sciences, will start renovating its production facility immediately, The Advocate reported.

The …

Cannabis tech firm joins Boston Chamber of Commerce

Omar Sacirbey  | September 18, 2017

Weedmaps, a marijuana-focused tech company, has joined the Boston Chamber of Commerce and is finalizing a lease for an office that will house its sales and marketing team in the city’s pricey downtown.

The move suggests California-based Weedmaps is confident the Massachusetts market will be lucrative and gives the company an anchor …

Nevada switches from MJ Freeway to Franwell tracking system

John Schroyer  | September 14, 2017

The Nevada Department of Taxation has decided to replace MJ Freeway’s Leaf Data Systems with Franwell’s METRC system for tracking cannabis inventory in the state.

The switch will be official Nov. 1, Forbes reported, but Nevada cannabis companies can still utilize MJ Freeway software to send their data to Franwell’s Marijuana Enforcement …

Cannabis law firm to run ads on CNN, other cable networks

John Schroyer  | September 7, 2017

In a victory for cannabis-related businesses, the marijuana-centric Hoban Law Group is running a national advertisement on CNN and six other major cable TV networks.

The news marks a watershed for cannabis advertising, as most television stations have strictly avoided broadcasting marijuana-related ads so as to not run afoul of federal regulators.

In …

Scotts Miracle-Gro to focus on North American interests like MJ

John Schroyer  | September 1, 2017

Botany giant Scotts Miracle-Gro has sold off its interests in Europe and Australia with the apparent intent of focusing on the North American market, including marijuana.

The company on Thursday finalized a $250 million deal in which it sold off gardening business interests in seven different countries, meaning that nearly all its revenue …

Week in Review: Netflix + cannabis, Tennessee eyes MMJ & Israel-Canada partnership targets US

John Schroyer  | September 1, 2017

By Bart Schaneman, John Schroyer and Omar Sacirbey

Netflix develops marijuana strains to promote its shows, Tennessee plans to study the impact of medical cannabis, and Israeli and Canadian firms partner to do business in the United States.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

No evidence of widespread bank crackdown on cannabis advocacy groups, observers say

Omar Sacirbey  | August 31, 2017

By Omar Sacirbey

A major bank’s decision to close accounts tied to the Marijuana Policy Project and NORML put cannabis advocacy groups on high alert, with some fearing the start of a concerted attack on the MJ movement by the Trump administration.

But the groups say it appears those initial fears were overblown.

Nevada again expands field for recreational marijuana distribution

Kevin Huhn  | August 30, 2017

Nevada regulators plan to reopen the state’s recreational marijuana distribution system to businesses other than alcohol wholesalers after rejecting an appeal by a liquor group that claims it has exclusive rights to transport marijuana from cultivators to retail stores.

The state Tax Commission voted unanimously Tuesday to uphold a previous decision by the Tax Department …