One of the largest marijuana retailers in the United States has acquired a “significant” equity stake in an Alberta cannabis producer, a move that could pave the way for other U.S. companies to enter the Canadian market. Denver-based LivWell Enlightened Health purchased the undisclosed stake in Lethbridge, Alberta-based 51st Parallel, Marijuana Business Daily has learned.Read More
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New Jersey is poised to legalize recreational marijuana after a pro-cannabis candidate won the state’s gubernatorial race Tuesday, giving the MJ industry a potentially huge win in what could be a lucrative new market for businesses.>
Come January, anti-marijuana Gov. Chris Christie will be out of office and Democrat Phil Murphy will be in.Read More
By Omar Sacirbey
Marijuana businesses seeking to market their brands are often caught between restrictions that forbid them from using most mainstream advertising platforms and the financial constraints that young industries typically face.
That tough situation has pushed many marijuana businesses toward billboards as an advertising option.Read More
Welcome to Election Day 2017. Though it won’t compare to the historic gains the cannabis industry made at the polls last November, there are three states whose election results could either directly or indirectly have serious ramifications for marijuana businesses: Michigan, New Jersey and New York. Polls in Michigan and New Jersey close at 8 […]Read More
Despite a shaky rollout, Florida’s full-fledged medical marijuana industry is off to an explosive start. More than 30,000 patients have enrolled in the MMJ program since June – a 183% increase – and total patient counts will soon eclipse 50,000. Here’s what you need to know about the situation: Seventy-one percent of Florida voters approved […]Read More
A New Jersey court tells the state to review how it classifies marijuana, Cleveland imposes strict limits on where MMJ companies can locate, and the FDA issues warnings to CBD producers. Here’s a closer look at some notable developments in the marijuana industry over the past week.Read More
Washington state marijuana licensees are incurring added costs in man hours and paperwork now that they’re operating without a contracted state seed-to-sale system. Nov. 1 marked the first day licensed Washington state marijuana businesses have operated without a traceability program, and it’s raising questions about the necessity of such systems.Read More
The marijuana business has a lot to learn from Tesla. Ever heard of Tesla? Of course you have, though you’ve never seen a TV commercial for its electric cars or seen a promotion from a local dealer. That’s because Tesla used innovative showroom experiences to get people talking about its cars.Read More
By Kristen Nichols
When it comes to hemp, Oregon is no little brother to its more populous neighbors to the north and south.
Washington state bans hemp production for high-value CBD products, and California is headed toward a patchwork of local hemp regulations. Meanwhile, Oregon is poised to become a national hemp leader.Read More