Colorado marijuana shops raked in a record $1.51 billion sales of medical and recreational cannabis, edibles and concentrate products during 2017, according to Colorado Department of Revenue data released Friday.
Tag Archives: Concentrates
The New Mexico Medical Cannabis Program started 2018 on a high note, with the most enrolled patients it has ever had. As the month of January came to an end, the program had 47,840 registered patients, a nearly 50% increase from January 2017.
Big-box stores won’t be the only ones offering discounts to shoppers in Las Vegas this Black Friday. Marijuana dispensaries are rolling out deals, too.
California just released new rules for legal marijuana that will take effect January 1, 2018.
BOULDER, Colo., Oct. 12, 2017 /Weed Wire/ – Green Dot Labs, a Boulder, Colo.-based producer of fine cannabis extracts, announced today that its celebrated Black Label Nectar product line – the most reputable concentrates in Colorado and a cult favorite among discerning medical patients for years – will now be available for sale at adult-use, or recreational, dispensaries in Colorado.
While it has been established that Washington cannabis consumers still love flower the most, who’s buying all of this flower, how much are they spending and what brands do they prefer?
Even though legal cannabis has been around for more than two decades in the U.S., this is still news to many: Smoking is not the only way to consume weed. As the industry evolves, so do intake methods.
From gluts to labeling updates and the combination of medical and recreational sectors, the Washington cannabis market has been on a rollercoaster ride, but flower has managed to remain king of the hill.
BOULDER, Colo., Sept. 11, 2017 /Weed Wire/ — BDS Analytics today launches the cannabis industry’s most comprehensive and granular examination of the California cannabis market, an essential tool for cannabis businesses, investors, and others interested in understanding and assessing the largest cannabis marketplace in the world.
On May 3, 2017, the Illinois Medical Cannabis Pilot Program reported that it raked in just over $6.6 million in retail medical marijuana sales for the month of April, a slight increase of $300,000 from the $6.3 million in sales for the month of March.
On April 5, 2017, the Illinois Medical Cannabis Pilot Program announced that it brought in approximately $6.3 million in retail medical marijuana sales for the month of March, a nearly $2 million surge from the $4.9 million in sales for the month of February.
Cannabis prohibition is remarkably similar to the prohibition of alcohol in the 1920s. On March 7, 2017, at the California Cannabis Business Expo in San Diego, Dr. Joshua Hartsel discussed the tremendous opportunity unfolding in California’s market in regards to extracts and other concentrate products.
SPRINGFIELD, Ill., March 2, 2017 /Weed Wire/ — The Illinois Department of Public Health (IDPH) has approved applications for approximately 16,990 qualifying patients (including 139 persons under 18 years of age), since it began accepting applications for the Medical Cannabis Registry Program on September 2, 2014.
On March 7, 2017, hear Dr. Joshua Hartsel, CEO of Speakeasy 710, a California-based cannabis oil producer, lead a session at the California Cannabis Business Expo in San Diego on the tremendous opportunity opening up in California’s market with regards to extracts and other concentrate products.
On Jan. 4, 2017, the Illinois Medical Cannabis Pilot Program reported that it recorded approximately $5.3 million in retail medical marijuana sales for the month of December, a significant increase from the $4.4 million in sales for the month of November.
PORTLAND, Ore., Dec. 14, 2016 /Weed Wire/ — The Oregon Health Authority has made additional modifications to testing rules for medical and recreational marijuana products that will provide relief for processors and growers while ensuring public health protections for consumers.
On Dec. 9, 2016, the Illinois Medical Cannabis Pilot Program announced that it logged approximately $4.4 million in retail medical marijuana sales for the month of November, a slight increase from the $4.1 million in sales for the month of October.
On Nov. 2, 2016, the Illinois Medical Cannabis Pilot Program announced that the Illinois Department of Public Health had approved applications for a total of 12,000 qualifying patients and recorded approximately $4.1 million in retail medical cannabis sales for the month of October.
According to an announcement made by the Oregon Department of Revenue on Oct. 17, 2016, as of Sept. 30, the state of Oregon has collected $40.2 million in tax revenue this year from the legal marijuana industry, approaching the 2016 forecast of $43 million estimated by state economists earlier this year.
On Oct. 14, 2016, the Oregon Health Authority and Oregon Liquor Control Commission announced via email that they are seeking solutions from stakeholders in the legal cannabis industry on testing, sampling and validating concentrates, extracts and edibles.
With September’s retail medical cannabis sales totaling $3.8 million, a slight increase from August, Illinois has now logged approximately $23.5 million in retail sales since the opening of dispensaries on Nov. 9, 2015.
BOULDER, Colo., Sept. 29, 2016 /Weed Wire/ — Oregon’s nascent adult-use cannabis market showed relatively steady growth this year, from $12.5 million in January retail sales to $24.9 million in June, according to BDS Analytics, a firm that tracks retail sales of cannabis.
On Sept. 7, 2016, the Illinois Medical Cannabis Pilot Program announced that the Illinois Department of Public Health had approved applications for a total of 10,033 qualifying patients.
A medical marijuana dispensary in Santa Ana, Calif., now has a new member on its ownership team: the hip-hop artist and actor known as The Game. Also known as Jayceon Terrell Taylor, The Game recently bought a stake in The Reserve, according to an Aug. 30, 2016, article in the Orange County Register.
WASHINGTON, July 28, 2016 /Weed Wire/ — Today, the Drug Policy Alliance released Marijuana Facts, intended for non-expert audiences seeking answers to some of the most common questions asked about marijuana use, its effects, and the rapidly-shifting legal landscape.
BOULDER, Colo., July 20, 2016 /Weed Wire/ — The cannabis boom is boosting more than dispensary traffic, grower income and state tax receipts — it also is hatching new cannabis brands at an intense pace.
So which products are most popular? And will Edibles or drinks ever become the primary way users get high?
NEWPORT BEACH, Calif., June 20, 2016 /Weed Wire/ — Terra Tech Corp. (OTCQX: TRTC) (“Terra Tech” or the “Company”), a vertically-integrated, cannabis-focused agriculture company, today announced a corporate update on its Blüm dispensary, located in Oakland, California.
BOULDER, Colo., June 10, 2016 /Weed Wire/ — Colorado cannabis dispensaries saw April retail sales surge 58 percent over April 2015 to reach $117 million according to Boulder-based BDS Analytics, a firm that tracks retail cannabis sales nationwide.
BOULDER, Colo., June 9, 2016 /Weed Wire/ — A proposed initiative to install a new cannabis-related measure into the Colorado Constitution would effectively end Colorado’s successful first-in-the-nation effort to permit the sale of recreational cannabis to adults.
LONGMONT, Colo., April 18, 2016 /Weed Wire/ — Now The Source, distributed by The Herbal Companion, brings safety and ease to THC and CBD oil extraction, and allows the consumer to control every aspect of the process – for less than a tenth the cost of traditional extraction devices.
On March 1, 2016, Joseph Wright, program coordinator for the Illinois Medical Cannabis Pilot Program, announced that the program logged nearly $1.5 million in retail sales for the month of February, with more than $362,000 of that total coming from the sale of concentrates and edibles.
On Thursday, Jan. 28, 2016, narcotics officers with the San Diego Police Department raided MedWest Distribution, a wholesale distributor of CO2 extracted medical marijuana products in California.
There are many ways to continue the investment affair with cannabis. Many products beside the plant could be your go-betweens.
On Dec. 3, 2015, Advanced Medical Alternatives, a Denver-based marijuana company, issued a voluntary recall of approximately 133 units of concentrates from three different products after testing showed the products had unsafe levels of pesticides.
On Nov. 9, 2015, Snoop Dogg announced Leafs By Snoop, the rapper’s custom cannabis brand, at a private launch party in the suburbs of Denver.
BOULDER, COLO., Nov. 2, 2015 /Weed Wire/ –As Wana Brands expands into legal cannabis markets in the United States, the company is pleased to announce the addition of two new product lines: Wana Extracts and Wana Medicinals.
Colorado is currently a breeding ground for experimentation and dispensaries are offering customers a range of options in the concentrate department.
At its legal retail inception, the cannabis industry expected it would prosper with traditional flower sales, but concentrates have proven to be the industry’s dark horse and have dramatically changed the landscape for cultivators, manufacturers and retailers.
Sound CO2 was a first-mover in laboratory testing for dispensaries, which makes a marked difference in the quality control of its products.
So, what does the Ferguson case have to do with marijuana? According to High Times, prosecutors blamed dabs for the circumstances leading up to Michael Brown’s death.
The Colorado cannabis industry has just passed another significant milestone. On October 1, 2014, the rule that required marijuana cultivators to be tied to a specific dispensary has expired.
Dixie Elixers specializes in creating a variety of innovated marijuana products; all items contain CO2 extracted THC, with proper dosage and consistency in mind. Dixie’s creations range from sparkling beverages to concentrates.
The Herbsmith creates solventless cannabis concentrates, which is a healthier alternative to BHO and other concentrates made with plant lipids or molds. In addition, The Herbsmith cooks up gourmet THC-infused edibles, including cookies and chocolates.
Denver Kush Club operates a dispensary with unmatched customer service, selection, quality, and fair pricing. They grow each their 60+ strains and craft their wide selection of concentrates in-house.