Business

Washington State Tracking Software Goes Up in Smoke

Washington State Tracking Software Going Up in Smoke

Washington State Tracking Software Going Up in Smoke

It looks like the highly talked about seed-to-sale tracking system for marijuana businesses in Washington state is going up in smoke.

Eventbrite Is Pulling Some Cannabis Events From Its Site

Eventbrite Is Pulling Some Cannabis Events From Its Site

For the past two years, Michael Zaytsev has sold tickets to the New York Cannabis Film Festival on Eventbrite. But this year, Eventbrite abruptly pulled the event from its platform and suspended Zaytsev’s account.

How Will Legalizing Recreational Marijuana in California Affect the Wine Industry?

How Will Legalizing Recreational Cannabis in Cali Affect the Wine Industry?

Back in 1996, California became the first state to legalize medical marijuana, and in a few months, recreational use will be legal there too. Many are wondering how the development will impact the state’s wine industry.

You Can Scream for Cannabis Ice Cream in Colorado on National Ice Cream Day

You Can Scream for Cannabis Ice Cream in Colorado on National Ice Cream Day

Summer is hot and ice cream is cool, but cannabis ice cream is even cooler. With National Ice Cream Day on July 16, 2017, cannabis consumers in Colorado have three options: get high and eat ice cream; make cannabis-infused ice cream or go to a dispensary and buy cannabis ice cream.

Beyond The Marijuana Index: MJIC Inc CEO Talks Company's Desire To Be 'Amazon Of Weed'

Beyond The Marijuana Index: MJIC CEO Talks Company’s Desire To Be ‘Amazon Of Weed’

MJIC Inc., the company behind the much-discussed Marijuana Index*, tracks U.S. and Canada-traded weed stocks and has been used as the base for the main cannabis ETFs out there. However, the media seems to have emphasized only one of the company’s multiple business segments.

Report: Crown Corporation Should Sell New Brunswick Recreational Cannabis

Report: Crown Corporation Should Sell New Brunswick Recreational Cannabis

Canada’s recreational cannabis legalization is planned for a rollout in July 2018, but provinces and territories are in charge of drafting and establishing jurisdiction-specific rules, so they’ve been working hard to create rules that fall within the country’s legalization framework.

Marijuana Shipment Businesses Under Investigation by Denver's Better Business Bureau

Marijuana Shipment Businesses Under Investigation by Denver’s Better Business Bureau

Two online marijuana shipment businesses are under investigation by Denver’s Better Business Bureau. On June 15, 2017, the BBB announced that it was investigating Denver Marijuana and Denver Smoke Buds for illegally mailing marijuana, among other reasons.

New York Cannabis Company Valley Agriceuticals Sold for $17 Million

New York Cannabis Company Valley Agriceuticals Sold for $17 Million

Multi-state cannabis company iAnthus Capital Management has now planted its flag in New York with Monday’s announced acquisition of Valley Agriceuticals.

Increasing Number of Financial Institutions Banking Marijuana Money

Increasing Number of Financial Institutions Banking Marijuana Money

It seems the advent of the Trump Administration has yet to dissuade banks from serving state-legal marijuana businesses. According to a marijuana banking update issued by the Financial Crimes Enforcement Network, a growing number of financial institutions are banking marijuana money in the United States.

California Roll Out: Oakland Medical Cannabis Permit Application Now Available

California Roll Out: Oakland Medical Cannabis Permit Application Now Available

On May 23, 2017, in California, the Oakland medical cannabis permit application was released for those interested in cultivating, manufacturing, distributing, delivering, transporting and testing medical cannabis.

Oregon Assesses Marijuana Employment Growth

Marijuana Employment Seeing Rapid Growth in Oregon

On May 23, 2017, the Oregon Employment Department’s Workforce and Economic Research Division released the most recent results of its marijuana employment tracking, identifying rapid growth in the recreational sector.

California's Insurance Department Talks Cannabis Protections With Stakeholders

California’s Insurance Department Talks Cannabis Protections With Stakeholders

On May 23, 2017, Dave Jones, Insurance Commissioner for the California Department of Insurance, brought together a group of 63 insurance-related stakeholders to discuss cannabis protections for state-legal cannabis businesses.

California’s New Cannabis Rules: The End of the Beginning?

California’s New Cannabis Rules: The End of the Beginning?

All three of the California agencies charged with implementation of the Medical Cannabis Regulation and Safety Act released their initial draft of new cannabis rules on April 28, 2017. This long-awaited event puts some meat on the ‘til-now skeletal ideas of what is going to happen in California as the expansion of the state-legal cannabis industry into adult recreational use moves forward.

Report: Medical Cannabis Patients Outspending Recreational Consumers

Report: Medical Cannabis Patients Outspending Recreational Consumers

On April 26, 2017, New Frontier Data, an analytics firm, announced that it had released The Cannabis Industry Annual Report: 2017 Legal Marijuana Outlook, revealing some compelling data on the market habits of medical cannabis patients and recreational cannabis consumers across the country.

4 Pitfalls to Avoid in Your Cannabis Career

4 Pitfalls to Avoid in Your Cannabis Career

When it comes to the cannabis industry, it’s difficult to even find an accurate comparison in business. Every business in this industry is effectively a startup in addition to the fact that we’re in one of the newest and fastest growing industries in the world; that makes it like a startup on steroids. To say it’s unpredictable and risky is an understatement.

Canopy Growth to launch online marijuana store in April

Canopy Growth to Launch Online Marijuana Store in April

Online sales could be one way recreational marijuana is sold after legalization. Canopy Growth, the parent company of Tweed, Bedrocan, and Mettrum, is preparing to launch a website that will sell marijuana from all three producers in one place.

Sean Murphy Weighs in on the Future of Medical Cannabis

Sean Murphy Weighs in on the Future of Medical Cannabis

At the California Cannabis Business Expo on March 8, 2017, entrepreneurs and investors interested in the science and technology of medical cannabis were given a crash course in the future of cannabis, and cannabidiol, as an alternative to pharmaceuticals by Hemp Business Journal founder Sean Murphy.

After January 2018: Learn to Jump Through California's Hoops

After January 2018: Learn to Jump Through California’s Hoops

in January 2018 two distinct California state laws will come into effect, the Medical Marijuana Regulation and Safety Act and the Adult Use Marijuana Act, the mandating act for a new adult-recreational industry. So the question is: what hoops is an entrepreneur going to have to jump through to avail himself of this double opportunity?

Science and Medicine of Cannabis: What Role Will FDA Play in Medical Cannabis?

Science and Medicine of Cannabis: What Role Will FDA Play in MMJ?

Stephen Goldner, Senior Forensic Toxicologist at Quantum 9, learned early on how to work with the FDA, having developed the FDA-approved liquid dose form of methadone with his mentor John Broich. Hear Goldner discuss what role the FDA would likely play in life after medical cannabis legalization.

Gummies And Mints Are Hits In The Edible Marijuana Markets

Gummies and Mints Are Hits in the Edible Marijuana Markets

Gummies and mints are turning out to be marijuana hits at recreational dispensaries. “From the beginning, cannabis consumers embraced our gummies as well as our approach to crafting edibles,” said Americanna CEO and founder Dan Anglin.

Smart Business Opportunities in the Emerging Legal Cannabis Industry

Smart Business Opportunities in the Emerging Legal Cannabis Industry

The cannabis industry seems unstoppably ascendant at the moment. Medicinal marijuana is now legal in 28 states plus D.C., while recreational marijuana is legal in nine states plus D.C., which opens the doors for a lot of new business opportunities.

Edibles Entrepreneurs in Oregon: Is the Surface Smooth and Easily Cleanable?

Edibles Entrepreneurs in Oregon: Smooth and Easily Cleanable Surfaces

While non-food-contact surfaces are critical to the form and function of a facility for edibles, food-contact surfaces are at the frontline of food safety. Equipment purchases have to ensure hygienic design and permit efficient disassembly for cleaning, scrubbing, inspecting and sanitizing.

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

Don’t Let the Devil Disrupt the Landlord/Tenant Relationship

Don’t Let the Devil Disrupt the Landlord/Tenant Relationship

The marijuana industry is proving to be profitable for landlords, with businesses willing to pay premium rents. Conversely, it is also complex and has many details from a risk management standpoint.

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.


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