Tag Archives: Supply

The 5 Hidden Risks of Owning Marijuana Stocks

The 5 Hidden Risks of Owning Marijuana Stocks

The 5 Hidden Risks of Owning Marijuana Stocks

For all that’s worked in favor of marijuana stocks in recent years, there are plenty of risks. Some of these risks, such as profitability eluding most pot stocks, are readily apparent.

Provincial Government Enters Into Agreement with Canopy Growth Corporation on Supply and Production of Cannabis

ST. JOHNS, Newfoundland and Labrador, Dec. 08, 2017 /Weed Wire/ — The Provincial Government today announced it has entered into an agreement with Canopy Growth Corporation for the supply and production of cannabis in the province.

Minnesota Medical Marijuana Patients Struggle to Deal With Supply Shortage

Minnesota Medical Marijuana Patients Struggle With Supply Shortage

Minnesota medical marijuana patients are worried after news broke that one of the state’s two cannabis providers is experiencing a distribution delay, leaving them with scarce supplies for treatment.

Flickr / Jeremy Brooks / CC BY-NC 2.0

Report: Nevada Recreational Cannabis Sales Decline Due to Supply Shortages

Nevada recreational cannabis sales have declined by approximately 20-30% since first launching in July of this year, according to a report published by the Nevada Department of Taxation and obtained by the Reno Gazette-Journal.

Nevada Marijuana Shortage Calls for Emergency Regulation

Nevada Marijuana Shortage Prompts Emergency Regs and Two Distribution Licenses

Tourists and locals alike flocked to Nevada dispensaries after the state greenlit the sale of recreational marijuana, but less than two weeks later dispensaries across the state are facing a major problem: a lack of marijuana. On July 13, 2017, an emergency regulation was approved in an effort to solve the Nevada marijuana shortage and keep businesses open.

Nevada Dispensaries on the Verge of Running Out of Marijuana

Nevada Dispensaries on the Verge of Running Out of Marijuana

After nearly a week of sales, Nevada dispensaries are on the verge of running out of marijuana. On July 7, 2017, it was announced that Gov. Brian Sandoval had endorsed a “statement of emergency” issued by the state Department of Taxation, giving the department the latitude to adopt emergency regulations aimed at fixing the marijuana shortage.

Alaska's Marijuana Tax Revenue Dipped in January

Alaska’s Marijuana Tax Revenue Dipped in January

Tax revenue for Alaska’s legal marijuana industry dipped in the month of January. With retailers selling approximately 111 pounds of marijuana flower and another 77 pounds of marijuana plant material during the first month of 2017, the state took in $107,500 in marijuana taxes for January, which is $38,300 less than December’s high of $145,800.

Flickr / Robert Couse-Baker / (CC BY 2.0)

Huge Buzz Kill for U.S. Pot Producers as Prices Plunge on Rising Supply

Prices are tumbling as formerly illicit cultivators emerge from the shadows to invest millions of dollars in massive pot factories. In Colorado, the average price sought by wholesalers has fallen 48 per cent to about US$1,300 a pound since legal sales to all adults started in January 2014, according to Cannabase, operator of the state’s largest market.. Supply is surging as growers expand and install the latest agricultural technology.

John F. Kelly, Trump's Choice For DHS Chief, Considers Medical Marijuana Legitimate

Trump’s Choice For DHS Chief Considers Medical Marijuana Legitimate

Retired U.S. Marine Gen. John F. Kelly will be President-elect Donald Trump’s nominee for chief of the Department of Homeland Security. In a recent interview, Kelly said he believes U.S. drug policy should focus on reducing demand, and he also said medical marijuana has a legitimate medicinal purpose.

MedLab LTD

Medlab and Aphria Complete Cannabis Supply Deal Ahead of Cannabis Human Trial

LEAMINGTON, Ontario, Aug. 22, 2016 /Weed Wire/ — Medical life science company, Medlab Clinical Limited (ASX:MDC), has signed a significant cannabis supply agreement with Canadian licenced producer of medical marijuana, Aphria Inc. (TSX VENTURE:APH)(OTCQB:APHQF).

GGS Structures President Leigh Coulter Wins Award for International Trade

NIAGARA FALLS, Canada, Feb. 23, 2015 / Weed Wire / – During last Friday’s Niagara Entrepreneur of the Year awards, Leigh Coulter, President of GGS Structures, a leading provider of commercial marijuana facilities, walked away with the Niagara Entrepreneur of the Year Award in the category of International Trade.

Following the rules.

New Cannabis Production Rules Rile Rookies

One of the leading arguments for the legalization of cannabis is the tax revenue a state can generate. Unfortunately for Colorado, instead of generating the predicted $33.5 million tax revenue, they only generated $12 million, a shortfall of $21.5 million.

Construction Plans

MMJ Facility Under Construction in Florida

On November 4, voters in Florida will vote on the legalization of medical marijuana. With 9 out of 10 Floridians in support of the proposed measure, it is expected to pass. In preparation for the imminent passage of the ballot amendment, one company has big plans to become the largest medical marijuana supplier in the state.

Real Estate Sign

Cannabis Fuels Denver’s Real Estate Revival

Real estate is one of the oldest forms of investing; and probably one of the most sound as well. All other things being equal, the value of a real estate property tends to go up more often than it goes down. This is never truer than it is now in Denver. Legalized cannabis has single-handedly

Revenue

Colorado Cannabis Tax Revenue Falls Short

Taxes are like flies: no one really wants them around, but they play a vital role in their respective ecosystem. As summer flies by, Colorado officials are counting coffers and noticing an extreme shortfall in projected revenue from taxes on recreational cannabis.


Top