By Matt Lamers Canada’s medical marijuana sector is continuing its blistering pace of growth, bringing with it more jobs and higher, more competitive salaries. The industry could add another 150,000 jobs over the next couple of years, according to one estimate, and a recent survey showed that salaries are more mainstream than ever.Read More
By Omar Sacirbey
The marijuana industry has scored several advertising coups in recent weeks, with cannabis-related businesses landing ads on major television networks and in mainstream magazines.
Cannabis industry insiders welcomed the breakthroughs and accompanying hope, but they also cautioned that the MJ sector has far to go to win over mainstream media platforms.Read More
By John Schroyer
Newly released draft regulations that would govern Los Angeles’ licensed marijuana industry starting next year immediately created a firestorm among stakeholders, with some fearing they could force many companies to set up shop in other parts of the state
But according to industry insiders, negotiations with city officials are ongoing.Read More
By Kristen Nichols Colorado’s ban on edible marijuana products shaped like animals, humans or fruits takes effect Oct. 1 – but manufacturers say they’re prepared for the change. The 2016 law, which bans certain shapes of edibles, was spurred by concerns children may be attracted to gummies or hard lozenges in forms associated with common candies.Read More
By Eli McVey Canada’s medical marijuana program continues to surge, with 30,000-plus patients enrolling last quarter to boost the total count over 200,000. That marks three straight years of quarter-over-quarter patient growth for the program and a 168% increase from just one year ago.Read More
By Bart Schaneman, Omar Sacirbey and Kristen Nichols Florida sets new regulations for medical marijuana business license applicants, cannabis tech company Weedmaps joins Boston’s Chamber of Commerce, and South Carolina’s hemp application deadline approaches. Here’s a closer look at some notable developments in the marijuana industry over the past week.Read More
By Matt Lamers After the Ontario government slammed the door on marijuana retail entrepreneurs, the province left the door open — ever so slightly — for the eventual licensing of cannabis-consumption lounges.Read More
By Kristen Nichols
A recent memo from Nebraska’s top law-enforcement official – in which he called cannabidiol products “illegal” – has underscored the challenges faced by CBD manufacturers and retailers nationwide.
The memo, and a CBD brouhaha in Indiana, have meant lost sales, confiscated product, legal uncertainty – and even the loss of a job.Read More
By Bart Schaneman
Years after legal markets have come online, marijuana businesses are still at a loss when it comes to what’s considered acceptable advertising on social media.
They’re throwing spaghetti at the wall, and absent any feedback from Facebook, Instagram, Twitter and the like, it’s almost impossible to know what’s going to stick.Read More
Valuating a cannabis business requires coming up with creative comparisons to established industries, such as tulips and wine. That’s the space Justin Costello operates in. The CEO of Seattle-based GRN Funds, he brings years of experience making deals in the investment banking sector and said he has completed 80-plus cannabis deals.Read More
By John Schroyer Two local ballot measures to grow Detroit’s once-sizable medical marijuana industry have overcome significant legal hurdles and will now go before voters in November. The proposed changes, if approved by voters, would likely result in a broadening of the MJ-related business opportunities in Michigan’s biggest city.Read More