Recreational cannabis sales officially begin in California today, but fewer than 100 adult-use retail licenses have been issued throughout the state – which may lead to long lines and supply issues for the rec stores able to open their doors on New Year’s Day. California’s Bureau of Cannabis Control – the agency overseeing the licensing process for […]Read More
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The official launch of recreational marijuana sales in the largest market in the United States is just days away.
And the longest-operating dispensary in the nation – Berkeley Patients Group (BPG) – is working until the very last minute to make sure it’s ready for California’s historic day.Read More
It was a lung-busting 2017 for the North American cannabis industry, with marijuana executives stateside holding their collective breath wondering whether the new Trump administration would crack down on legal MJ businesses. Amid the uncertainty, Nevada’s new recreational marijuana industry opened in July with skyrocketing sales, while government officials and regulators in California and Canada […]Read More
You don’t have to hail from California to get in on what will be the biggest cannabis market in the world.
The state’s new medical and recreational marijuana programs don’t have a residency requirement – a fact that could attract droves of out-of-state entrepreneurs to California and revive memories of the 1849 Gold Rush.Read More
Two ancillary marijuana companies announce huge fund raises, Maryland approves 12 more medical cannabis dispensaries, and Alaska regulators shut down an edibles company. Here’s a closer look at some notable developments in the marijuana industry over the past week. Sign of the times? Significant capital raises by a pair of cannabis-focused technology companies portend what […]Read More
The arrests of 13 budtenders at one of Colorado’s largest marijuana retail chains last week exposed a hole in the state’s regulations for recreational cannabis sales. The rules stipulate that a retail cannabis store can’t sell more than 1 ounce in a single transaction. But marijuana-focused legal experts say the law doesn’t spell out how much can […]Read More
California’s conversion from a two-decades-old medical cannabis gray market to a regulated marijuana industry isn’t going to be easy for companies that are set in the ways they’ve been doing business for years.
In fact, it’s probably going to be downright painful, considering the extra expenses required to become fully compliant and obtain all the necessary permits.Read More
From taking the letters C-B-D off labels to moving product out of state, companies selling cannabidiol in Indiana say they’re managing just fine with ongoing legal confusion about the product. And they say the state’s CBD mess is boosting sales and awareness of the cannabis-derived treatment. “We’ve had a run of product over here in […]Read More
The heyday for marijuana cultivators in California is on borrowed time. The Golden State’s licensed recreational cannabis market begins in January, and some industry watchers expect the average price of wholesale cannabis to pass the red line of $500 a pound. The price likely won’t drop immediately because the initial wholesale supply will be limited. And that will […]Read More
With applications released and emergency regulations in place, prospective entrepreneurs have begun applying for MMJ business licenses in Michigan – the second-largest MMJ market in the nation.
Through a trio of bills passed in 2016, Michigan finally established a regulatory framework to govern its longstanding medical marijuana industry, which has existed under a patchwork of local regulations since a 2013 state Supreme Court ruling deemed dispensaries illegal.Read More
One of the more colorful and well-known executives in the marijuana industry is handing over the reins of the Denver company he helped transform into an edibles powerhouse with national reach.
Tripp Keber, the co-founder and CEO of Dixie Brands, resigned from the company Friday afternoon, effective immediately, to assume a new role in the marijuana industry.Read More