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Here’s Why California’s Pot Industry Is Cash-only

Here’s Why California’s Pot Industry Is Cash-only

Here’s Why California’s Pot Industry Is Cash-only

Right now, California’s marijuana industry for all intents and purposes is a cash-only business.

MedMen Acquires One of New York's Struggling Marijuana Providers

MedMen Acquires One of New York’s Struggling Marijuana Providers

On Jan. 9, 2017, MedMen, a turnkey marijuana management company based in California, acquired Bloomfield Industries, one of New York’s five organizations licensed to grow and distribute medical marijuana

Study: Only 55% of Dispensary Staff Members Receive Formal Training

Study: Only 55% of Dispensary Staff Members Receive Formal Training

On Dec. 9, 2016, the journal Cannabis and Cannabinoid Research announced the results of a recent study of dispensary staff, with only 55% of dispensary staff reporting that they had received formal training to dispense cannabis to consumers.

Report: Nearly 3,000 Active Marijuana Licenses in Colorado

Report: Nearly 3,000 Active Marijuana Licenses in Colorado

On Dec. 8, 2016, Assistant Professor Paul Seaborn of University of Denver’s Daniels College of Business released the Colorado Marijuana Market Report, an analysis of the Colorado Marijuana Enforcement Division’s raw license data that found Colorado had a record-high of 2,913 active marijuana business licenses as of Dec. 1.

OrganiGram Partners with Trailer Park Boys

OrganiGram Partners with Trailer Park Boys

On Nov. 23, 2016, OrganiGram Holdings Inc. (TSXV:OGI), a licensed producer of medical marijuana in Canada, announced that the company had been chosen by Trailer Park Boys, a Nova Scotia-based Netflix original series, as its exclusive marijuana producer, business partner and brand developer.

Edibles Entrepreneurs in Oregon: Invest in Food Safety Details

Edibles Entrepreneurs in Oregon: Invest in Food Safety Details

The Oregon Liquor Control Commission announced via email on Nov. 17 that it’s anticipating an influx of applications from prospective recreational marijuana businesses. If you hope to become a licensed recreational processor and want to avoid delays in having your application processed, compliance is critical.

Humboldt State University Surveying Cannabis Businesses in California

Humboldt State University Surveying Marijuana Businesses in California

The Humboldt Institute for Interdisciplinary Marijuana Research, based at Humboldt State University, has launched the HIIMR Medical Cannabis Business Registry to capture data on California’s marijuana industry.

U.S. Marijuana Businesses Grapple with Complex Regulations

U.S. Marijuana Businesses Grapple with Complex Regulations

Like all companies that sell marijuana products, Washington state-based Interra Oils must comply with a myriad number of packaging and labeling rules before it can make a sale.

Shelter from the Storm: Ninth Circuit Provides Shield for MMJ Businesses

Shelter from the Storm: Ninth Circuit Provides Shield for MMJ Businesses

Last month, the U.S. Court of Appeals for the Ninth Circuit in San Francisco issued an opinion in United States v. McIntosh that essentially eviscerates the power of the federal government to prosecute cannabis businesses that strictly comply with state medical marijuana laws.

How one of America’s most visible Fortune 1000 giants quietly snuck into the cannabis industry

How One of America’s Most Visible Fortune 1000 Giants Quietly Snuck Into the Cannabis Industry

Scotts Miracle-Gro built a multi-billion dollar business by being a market leader across several categories of the lawn-and-garden industry. The problem? Those categories weren’t growing all that fast.

This NASA Researcher Is Now Using His Skills to Grow Marijuana

This NASA Researcher Is Now Using His Skills to Grow Marijuana

Neil Yorio, formerly a researcher at NASA, has taken his expertise preparing for space flight and applied it the craft of growing cannabis and other plants. Yorio. who used to work in NASA’s Bio Regenerative Life Support Systems program, is now the vice president of LED agricultural lighting at BIOS, a company that custom engineers LED lights for both human and plant use.

Alaska's First Commercial Retail Cannabis Businesses Receive State Approval

Alaska’s First Commercial Retail Cannabis Businesses Receive State Approval

The state approved its first licenses for commercial cannabis businesses Thursday, a major step for prospective retailers hoping to open shop before year’s end. Officially, the state’s first shop to be approved was Fairbanks’ Frozen Budz.

6 Business Ideas for People Looking to Cash in on the Marijuana Boom

6 Business Ideas for People Looking to Cash in on the Marijuana Boom

The Wild West of weed is on fire with entrepreneurial opportunities. Potpreneurs across America are legally growing, curing and cooking the skunky stuff in record numbers. As those who cultivate and sell the plant grow, so do the offshoot businesses sprouting up around them.

Tweed Hosting Free Summer Shindig in Ontario

Tweed Hosting Free Summer Shindig in Ontario

On Aug. 15, 2016, Tweed Inc., a wholly owned subsidiary of Canopy Growth Corporation (TSXV:CGC), is hosting the Front Yard Shindig, a free concert with multiple artists scheduled to perform on Tweed’s front yard in Smith Falls, Ontario.

Willie Nelson Lighting Up Cannabis Brand with Concerts in Washington and Colorado

Willie Nelson Lighting Up Cannabis Brand with Concerts in Washington and Colorado

On July 21, 2016, Willie Nelson announced that Willie’s Reserve, the country singer’s premium cannabis brand, is making its debut at select stores in the state of Washington this month, with Colorado following in August.

How to Manage Risk in Cannabis: Make Sure Good Things Happen to Good People

How to Manage Risk in Cannabis: Make Sure Good Things Happen to Good People

As business owners, managing risk is something we are all aware of, but it’s often pushed to the side, especially with new businesses, in the battle for cash flow and stability. We tell ourselves that we will work on risk once we are making money.

Cannabis Cleans Up Well: 5 Events Signaling Professionalization of Industry

Cannabis Cleans Up Well: 5 Events Signaling Professionalization of Industry

From industry members in the trenches to suits in corner offices, here are five events that show cannabis cleans up well, signaling the professionalization of the industry.

How to Write an Effective Executive Summary to Secure Financing for a Cannabis Business

How to Write an Effective Executive Summary to Secure Financing for a Cannabis Business

An effective executive summary gives a brief, high-level overview of your business, the financing that you are seeking, and it should pique the interest of decision makers.

Starbuds Loses License for Denver Marijuana Grow in First Decision of its Kind

Starbuds Loses License for Denver Marijuana Grow in First Decision of Its Kind

Neighborhood push-back against a northeast Denver marijuana grow operation culminated Thursday in the city’s first-ever denial of a routine cultivation license renewal.

Progressive Edibles Executives: Keep Up with the Feds

Progressive Edibles Executives: Keep Up with the Feds

While the demand for edibles continues to rise, so too do the expectations for producers to follow good manufacturing practices and food safety plans consistent with federal requirements.

Nevada Talks Medical Marijuana and Commercial Real Estate

Nevada Talks Medical Marijuana and Commercial Real Estate

On June 16, 2016, the Southern Nevada chapter of NAIOP, a commercial real estate development association, held a meeting at the Orleans Hotel and Casino in Las Vegas to discuss the effects of medical marijuana on commercial real estate in Southern Nevada.

The First Big Company to Say It’s Serving the Legal Marijuana Trade? Microsoft.

The First Big Company to Say It’s Serving the Legal Marijuana Trade? Microsoft.

As state after state has legalized marijuana in one way or another, big names in corporate America have stayed away entirely. Marijuana, after all, is still illegal, according to the federal government.

Recreational Cannabis — Section 280E and Tax Efficient Structuring

Recreational Cannabis — Section 280E and Tax Efficient Structuring

Recreational cannabis businesses operate in a world of conflicting state and federal laws. Several states have legalized recreational cannabis, yet, under federal law, cannabis remains an illegal Schedule I drug under the Controlled Substances Act (CSA).

Canadian Company Tilray Now Exporting Medical Cannabis Extracts to Croatia

Tilray Now Exporting Canadian Medical Cannabis Extracts to Croatia

Tilray, a licensed cannabis producer in Canada and owned by Seattle-based Privateer Holdings, became the first Canadian company licensed by the Canada’s Marihuana for Medical Purposes Regulations to legally export medical cannabis cultivated and processed in Canada.

So many events. So little time. Where’s the value?

So many events. So little time. Where’s the value?

The cannabis industry is growing in every respect and events are no exception. From small regional meetings to full-scale 3-day expos across the United States, an industry enthusiast could spend 85% of the year going to events. But which ones are worth it?

Consultant Training

Washington Approves Two Programs for Medical Marijuana Consultant Training

On May 6, 2016, the Washington State Department of Health announced that it had reviewed and approved two programs for medical marijuana consultant training, with both programs ready to register students.


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