In a Savannah, Georgia, warehouse, Smoke Cartel employees file through rows of vaporizers, dab rings and torches, hustling to fill online orders from head shops, dispensaries and consumers across the United States. It’s an operation that less than five years ago began as wishful thinking – launched from the living room of Smoke Cartel co-founders […]Read More
The Trump administration’s imposition of tariffs on China is expected to have a direct impact on several sectors of the marijuana industry – in particular, cannabis vaporizer companies. Others likely to be affected include: Cultivation operations that want to expand their greenhouse facilities. Growers that need to buy lighting equipment. Brands that purchase packaging from […]Read More
Already big business in areas of the U.S., marijuana tourism could become a lucrative business sector in Canada when recreational sales begin.Read More
It can take months for a marijuana business to gain licensing approval from regulators.
The biggest problem facing a company in such a situation is it usually must have the location nailed down before filing an application.
But paying rent on space before having a license in hand can cost a lot of money, unless steps are taken early in the process to minimize costs.Read More
It’s crunch time for Canada’s cannabis companies as they hustle to prepare for the October launch of the country’s legal recreational market. South of the border, everyone tied to the legal marijuana scene is watching closely to gauge whether this historic milestone might translate into an economic boom for U.S. firms as well. Tremendous opportunities […]Read More
Merger and acquisition activity is accelerating across the cannabis industry as more companies land multimillion-dollar capital infusions and ink deals aimed at growing market share. The momentum is giving more company founders an opportunity to cash out at an attractive price – or leverage the deals to launch their next venture. The flurry of activity […]Read More
As a co-founder of MJ Freeway, one of the best-known names among cannabis seed-to-sale companies, Jessica Billingsley is widely seen as an industry pioneer.
When she and Amy Poinsett co-founded the Denver firm in 2010, seed-to-sale tracking wasn’t a thriving sector.
Today, it’s an indispensable element of the marijuana industry, and the firm has processed more than $10 billion in legal cannabis transactions.Read More
With 109 approved growers and another 500 in the pipeline, Canada’s field of licensed cultivators is getting more crowded, making solid application critical.Read More
A Colorado-based investment adviser received a cease-and-desist order from state regulators after admitting to securities fraud tied to a cannabis-focused firm he launched in 2016. Charlie Stivers, founder of Aurora-based Aim High Holdings, admitted to violating the Colorado Securities Act when he failed to disclose certain facts as he solicited investments for his firm, according to the […]Read More
British Columbia, Canada’s current market leader in the cannabis industry, is dragging its feet on regulations and may lose its competitive advantage.Read More
The cannabis-friendly city of Oakland, California, could wind up being home base for a host of marijuana startups, all working out of the same business campus, if a venture capital firm gets its way. According to the San Francisco Business Times, California-based Mesh Ventures is throwing $20 million into renovations for a 207,000-square-foot building it […]Read More
The California Cannabis Industry Association (CCIA) dropped its affiliate status with the National Cannabis Industry Association to join NCIA’s Allied Associations Program. The move is something of a departure for the California trade association, as the dues for its roughly 460 members now will stay with the state group instead of going to NCIA. The […]Read More
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