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Candy & cannabis: Hershey’s renews trademark legal disputes with marijuana businesses

Cannabis businesses, beware: The Hershey Co. is on the warpath. Perhaps the most famous confectionery peddler in the world has a well-documented history of actively protecting its trademarks, and the marijuana industry is no exception. Hershey’s has been relatively quiet in the marijuana sector since it sued two cannabis businesses in 2014 – in one case, for […]

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Despite limited product offerings, Pennsylvania’s medical marijuana sales start strong

Pennsylvania’s first days of medical marijuana sales have been limited by a lack of product variety, but overall, business owners are calling the launch a success. While supplies are limited based on only one producer providing product, business owners don’t seem overly concerned about inventory. Beginning Feb. 15, six dispensaries almost daily began selling medical cannabis […]

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Week in Review: Alcohol, tobacco and cannabis, Detroit’s MMJ issues & Tennessee CBD raids

Liquor and tobacco companies move into the cannabis sector, Detroit officials block medical marijuana dispensaries, and raids in Tennessee close 23 stores for selling CBD products. Here’s a closer look at some notable developments in the marijuana industry over the past week. Sign of things to come The recent revelation by liquor distributor Pernod Ricard’s CEO […]

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Hemp State Highlight: Colorado’s market dominance threatened by falling prices, processing logjams

(This is the ninth installment in a series that examines hemp markets in U.S. states. Other installments: Nevada, New York, North Carolina, North Dakota, Oregon, Tennessee, Vermont and Virginia.) No hemp discussion goes far in the United States without a mention of Colorado, where more than half the nation’s 2017 hemp production occurred. Colorado has more acres in hemp, more farmers […]

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A $1 billion cannabis company? Recent deals shed light on marijuana valuations

Can the U.S. cannabis industry claim its first plant-touching “unicorn” – a company valued at $1 billion? Captor Capital, a Toronto-based investment firm, certainly thinks so. In January, Captor announced it entered into a nonbinding letter of intent to purchase 3% of the California-based cannabis management and investment firm MedMen Enterprises for $30 million. The […]

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Cannabis businesses finding success in pet CBD market

An increasing number of cannabis companies are directing their efforts at four-legged users.

And there’s more than a billion reasons for that trend.

U.S. pet owners spent more than $30 billion in 2016 on pet supplies, treatments and veterinary care, according to the American Pet Products Association, an industry group representing pet product manufacturers and importers.

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Week in Review: Oregon’s cannabis oversupply, marijuana job growth & hemp lawsuit

Oregon’s top prosecutor says the state’s marijuana industry has an oversupply problem, cannabis job postings are soaring, and a lawsuit targets a Vermont hemp producer. Here’s a closer look at some notable developments in the marijuana industry over the past week. Oregon’s ‘bloody’ market Oregon U.S. Attorney Billy Williams called a meeting of key officials […]

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Hiccups with traceability system rollout costing Washington state cannabis producers thousands

Problems with the rollout of Washington state’s new marijuana traceability system have cost producers tens of thousands of dollars in lost sales and contributed to dwindling cannabis inventories among retailers. At issue is problems with Denver-based MJ Freeway’s Leaf Data Systems, the state’s new vendor for seed-to-sale tracking. Producer/processors are experiencing several problems, including inability […]

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