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Chart of the Week: Huge Acceleration in Washington State Recreational Marijuana Sales
By Becky Olson Washington State’s recreational cannabis industry started off slow but ended the first full year of sales with a bang. Retail cannabis stores recorded $180 million in revenue…
News July 13Washington DC grower develops city’s first edible
A Washington DC medical cannabis cultivator has created the city’s first-ever edibles product, several years after dispensaries opened in the nation’s capital. The move allows local dispensaries to cater to…
News July 10
Alaska Coalition Latest to Form State Industry Group
Marijuana entrepreneurs in Alaska have formed an industry group to support and lobby for cannabis businesses in the state, the latest trade organization to form as medical and recreational MJ…
News July 10Court Sides With IRS on 280E
A federal appeals court in California has ruled in favor of the 280E portion of the federal tax code, meaning marijuana companies will still have to battle one of the…
News July 10
Week in Review: Wakeup Call for Tribes, Big CBD Step in Florida + Hemp Victory in Oregon
By John Schroyer Federal agents raid a pair of marijuana grows on Native American lands, two dozen companies apply for Florida CBD licenses, and hemp farmers dodge a bullet in…
News July 10Congress Takes Step Forward, Step Back on Marijuana
Congress is still apparently quite divided on how to deal with the marijuana industry and its federal status, as two developments this week underscore. A bipartisan bill was introduced on…
News July 9
Canadian MMJ Giant Says Cannabis Extracts Efforts ‘Well Underway’
One of the biggest names in Canada’s medical marijuana industry said it is gearing up quickly to produce and sell cannabis oil after the government clarified federal laws governing extracts.…
News July 9Alaska Estimates $5M-$19M Tax Haul From Recreational Cannabis
A report by the Alaska Department of Revenue estimates that the state will collect anywhere between $5 million and $19 million in taxes from recreational cannabis sales to locals, indicating…
News July 9
New Businesses Connect CA Wholesale Cannabis Growers to Patients, Cut Out Dispensaries
A new medical marijuana business trend has sprung up in northern California: "farm-to-table" delivery. At least three startup companies - Potbox, Flow Kana and Loud Cannabis - are specializing in…
News July 9
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