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Weekly Deal Watch: Cannabis real estate a hot target for investment

Cannabis real estate is attracting early money from investors, as funds continue to “bet” on this part of newly legal markets. This weekly series from Marijuana Business Daily and Viridian Capital Advisors provides the latest data on cannabis investment activity and M&A, along with key takeaways, analysis and trends based on recent market moves.

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Why marijuana infused businesses have experienced testing and labeling challenges in California

The Golden State’s cannabis-infused products makers have weathered some strong winds recently stemming from new testing requirements, and it’s an issue marijuana businesses in other markets should pay attention to as different states experiment with rules surrounding lab tests. According to California’s Bureau of Cannabis Control (BCC), 32.9% of edibles, tinctures and lotions samples have […]

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Chart: Strong support for marijuana legalization ballot initiatives ahead of 2018 election

This has the possibility to be another banner year for the cannabis legalization movement, with up to six states potentially legalizing some form of cannabis by the end of 2018. Vermont and Oklahoma already passed legalization measures earlier in the year, for recreational and medical marijuana, respectively. Meanwhile, advocates in Missouri and Utah gathered enough […]

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Some outdoor marijuana growers finding success using all-natural, ‘closed-loop’ approach

There are many ways for indoor and greenhouse marijuana growers to be sustainable, but few types of grows are more environmentally friendly and inexpensive to run than an outdoor, closed-loop farm. On a closed-loop farm, everything on the premises goes back into the land. For example, plants are grown on the farm to be used in nutrient mixes, composts and pest repellents, and excrement from farm animals, say, alpacas are used in compost.

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Week in Review: Michigan MMJ closures reversed, MJ owner convicted of tax crimes & feds OK marijuana imports for research

A judge bars Michigan from closing 98 medical marijuana businesses, an operator of two MMJ dispensaries in Oregon is sentenced to prison for federal tax crimes, and the U.S. Drug Enforcement Administration approves the importation of marijuana extracts from Canada for a clinical trial. Here’s a closer look at some notable developments in the cannabis industry […]

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California Marijuana Notebook: Seeking permanent relief from licensing headaches

Obtaining business licenses has been a top challenge for California cannabis companies this year.

But now – in a situation that underscores the ongoing flux in the Golden State’s marijuana market – keeping those licenses has become a priority since much of the state’s cannabis industry could come to a halt next spring without action from the governor.

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Weekly Deal Watch: Cannabis investing and M&A highlights (as of Sept. 14, 2018)

This weekly series from Marijuana Business Daily and Viridian Capital Advisors provides the latest data on cannabis investment activity and M&A, along with key takeaways, analysis and trends based on recent market moves. The data below, provided by Viridian Capital Advisors, is through the week ended Sept. 14, 2018. Capital raises key takeaways:  Multistate cannabis retailer Have a […]

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Build it and they will come? Cannabis entrepreneurs wager big bucks on social consumption venues

Applicants for marijuana social consumption licenses across the United States are betting that consumers will want to patronize a public venue where they can consume cannabis with other users.

Entrepreneurs who pursue this new niche sector are likely to wager hundreds of thousands of dollars to get their businesses off the ground, according to industry executives.

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Coca-Cola eyes CBD ‘functional wellness beverages’ as soda market cools

The Coca-Cola Co., the world’s largest beverage maker, is looking at a line of CBD beverages, the company confirmed Monday. “Along with many others in the beverage industry, we are closely watching the growth of nonpsychoactive CBD as an ingredient in functional wellness beverages around the world,” Coca-Cola spokesman Kent Landers said in a statement. “The space is […]

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Chart: Alaska’s recreational cannabis market strong, but seasonal sales swings a challenge for MJ businesses

Alaska’s summer tourism season has produced the strongest months on record for wholesale marijuana sales, but MJ businesses are still adapting to the cyclical nature of the state’s adult-use market. The state’s cultivators sold nearly 2,500 pounds of flower and trim to retailers and infused product manufacturers in July – an increase of 7% from […]

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