Altria Group, one of the largest tobacco companies in North America, is assessing its market opportunities in the cannabis industry. The entry of Altria – owner of Marlboro maker Philip Morris USA and an investor in alcohol giant Anheuser-Busch InBev – would be another major milestone for the marijuana sector, coming on the heels of […]Read More
Get our daily email
The 2018 California legislative session in Sacramento – which wound to a close Aug. 31 – was a blend of highs and lows for licensed cannabis companies, with some major victories scored literally on the last day while other high-profile bills died. Some wins for marijuana businesses involved changes to the provisional licensing process and […]Read More
It’s no secret that Oregon is growing far more marijuana than the market can absorb, so some cultivators are turning to MJ’s cousin: hemp. As Oregon cannabis prices continue to sink to new lows amid a product glut, outdoor growers are applying what they know about marijuana and cultivating hemp for both smokable CBD flower […]Read More
Ohio bans CBD sales outside of marijuana stores – which aren’t even open yet – California regulators take legal action against two unlicensed MJ businesses, and the Nevada cannabis market tops half a billion dollars in sales during its first year.
Here’s a closer look at some notable developments in the cannabis industry this week.Read More
Cannabis companies that want to go beyond THC and CBD content can focus on a part of the plant that’s increasingly front-of-mind for consumers: terpenes.
These plant-based chemicals are the molecules in marijuana that give the plant its smell, taste and, some argue, added effects beyond just getting users high.Read More
Share prices at cannabis firms Green Thumb Industries and Tilray are on the rise after solid second-quarter performances – and mainstream investors are taking note, with at least one hedge fund billionaire throwing his support behind the industry. The two businesses reported their first earnings as newly public companies after the markets closed Tuesday. Here’s […]Read More
Product recalls. Threatened lawsuits. At least one criminal case against an unlicensed retailer as well as an unlicensed delivery firm.
That’s a lot – but far from all – that’s currently happening in California’s marijuana industry.Read More
As the cannabis space rapidly evolves into a multibillion-dollar global industry, women are increasingly being left behind, says the founder of a new female-focused business accelerator.Read More
Chris Jennings, owner of Lakeside Herbal Solutions, hired a handful of consultants and spent tens of thousands of dollars to fulfill California’s environmental impact requirements for marijuana cultivation applicants. The result was a 126-page report describing his planned South Lake Farms growing and processing operation in the Northern California city of Clearlake, the environmental findings and the […]Read More
The number of licensed recreational cannabis stores in California is far short of what’s needed to adequately supply the market, as licensing logjams at the local level constrain establishment of operations in large portions of the state.
It’s yet another issue hampering the rollout of California’s recreational marijuana industry, which has experienced lower-than-expected tax revenue and a flourishing black market.Read More
In new cannabis markets where compliance, scarce supply or testing logjams can delay cultivation and retail operations, it’s critical to retain talent during slowdowns and shutdowns.
Delays that bogged down the launch of cannabis sales in Alaska, Hawaii and Pennsylvania don’t have to be detrimental to marijuana businesses, according to industry insidersRead More