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New Forecast: U.S. MMJ and Recreational Cannabis Sales to Hit $8 Billion by 2018

By Anne Holland U.S. retail cannabis sales will rise more than five-fold over the next five years, from an estimated $2.2-$2.6 billion in 2014 to $7.4-8.2 billion in 2018, according…

News April 9

Colorado Governor Lowers Cannabis Tax Forecast

Colorado Gov. John Hickenlooper has scaled back his cannabis tax revenue estimates by about 15%, saying he wants to take a more conservative approach amid wildly different market projections. The…

News April 8

Florida MMJ Gold Rush: 60+ Businesses Launch

More than 60 new medical marijuana-related businesses have reportedly incorporated in Florida over the past nine months, the majority in the last 60 days. Although medical cannabis is not legal…

News April 8

Holder ‘Glad’ to Work With Congress on Reclassifying Marijuana

United States Attorney General Eric Holder didn’t mention cannabis in his officially planned remarks Friday before the House Appropriations Subcommittee. He focused instead on everything from national security to prison…

News April 7

Mexican Cannabis Growers Switching to Poppies as US Prices Drop

Significant numbers of marijuana farmers throughout Mexico and Central America are switching to other crops, in particular poppies. The reason? Wholesale cannabis prices in the United States have dropped precipitously…

News April 7
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Q&A With Theraplant CEO Ethan Ruby on Starting a Cannabis Cultivation Business in Connecticut

Theraplant CEO Ethan Ruby discusses starting a medical marijuana production facility in Connecticut, finding financing and dealing with officials.

News April 7

Dozens of Drought-Stricken Colorado Farmers Attend Hemp Symposium

Applications to grow industrial hemp in Colorado are due in to the state’s Department of agriculture by May 1st. Based on attendance at last night’s Hemp Farming Symposium in Adams…

News April 4

Connecticut Dispensary License Winners Chosen: Openings Set for Late Summer

Connecticut awarded its first six medical marijuana dispensary licenses yesterday.  The dispensaries are hoping to open in late summer or early fall, pending harvests from the state’s four licensed cannabis…

News April 4
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If I Did It Over Again: Tough Lessons From Colorado’s Recreational Entrepreneurs

By Fred Dreier It’s been three months since Colorado flipped the switch on its recreational marijuana industry. During that time, the entrepreneurs at the forefront of retail cannabis have learned…

News April 4
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