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Weekly Wrapup: 5 Cannabis Business Takeaways From Denver 4/20 Events

Last week, we wrote about how some medical marijuana companies in Colorado decided to target the recreational crowd for the first time on 4/20 in light of cannabis legalization, seeing it as the perfect opportunity to begin tapping a new market. We got a first-hand look at both the risks and rewards of this strategy […]

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Cheryl Shuman: Top 12 Cannabis Marketing Tips for Facebook Success

By Cheryl Shuman If you want your customers (and fans) to be more engaged with your dispensary, infused products company or other cannabis-related brand on Facebook, the answer is simple: be more engaging. You need to be the social media equivalent of the life of the party. Tell funny stories, get personal, be personable and […]

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Rhode Island Projections Shed Light on Dispensary Startup Costs, Annual Revenues

Want to get an idea of startup costs, revenue potential and other financial data tied to launching and running a medical marijuana dispensary? Look to Rhode Island. Documents filed recently by two groups planning to open dispensaries in the state – the Thomas C. Slater Compassion Center and Greenleaf Compassion Center – provide a snapshot […]

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Medical Marijuana Legislation Advances in Two States, Snubbed Out in Another

The debate over medical marijuana is heating up across the country as lawmakers in many states start to weigh in on MMJ measures. Here’s a rundown of some developments over the past few days on the legalization front: Illinois: A proposal to legalize cannabis for medical use via a four-year pilot program has cleared a […]

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An Overview of Recent Marijuana Legislative Developments From Around the United States

A lot is happening on the legislative front this month, with nearly two dozen states across the country considering cannabis-related measures to some degree. Here’s a sampling of some of the bigger legislative developments – both positive and negative – and related polls on attitudes toward cannabis from around the US: Alabama: A House committee […]

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Marijuana Tourism Could Generate Billions in Extra Revenues for Colorado Cannabis Industry

Opening up Colorado’s emerging marijuana industry to tourists rather than just residents would boost revenues from cannabis sales exponentially, creating business opportunities on an enormous – and historical – scale. But it would also invite unwanted federal scrutiny and could lead to other unintended consequences. A task force charged with proposing regulations covering marijuana production […]

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Washington Dispensaries Could See Regulatory Changes Modeled After I-502 Rules

The legalization of cannabis in Washington could trigger huge changes in the state’s medical marijuana laws and policies this year. Case in point: Two state lawmakers have introduced a bill that would slap a 25% tax on medical cannabis sales at dispensaries. The proposed tax rate is similar to the one Washington will levy on […]

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Behold, the Power of MMJ: Michigan Collects $10M in Revenue Fom Marijuana Applications

Perhaps that whole MMJ crackdown thing in Michigan isn’t such a good idea, after all. The state collected $10 million in application fees from medical cannabis patients during its most recent budget year, which ended Sept. 30. After subtracting costs, cash-strapped Michigan netted a surplus of more than $6 million through the program, according to […]

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Michigan Medical Cannabis Dispensaries Look to State Supreme Court for Help

The medical marijuana industry in Michigan has had a rough go of it over the past year, with scores of dispensaries closing shop under intense pressure from local and state officials. Blame it on a controversial appeals court ruling that determined the state’s MMJ law doesn’t specifically permit the sale of medical cannabis at storefront […]

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