Tag Archives: Retail

Michigan Offering Medical Marijuana Training

Michigan Offering Medical Marijuana Training

Michigan Offering Medical Marijuana Training

Entrepreneurs hoping to break into Michigan’s medical marijuana business will have the chance to learn how at a series of five meetings across the state next month.

Canada Proposes Federal Pot Excise Tax, Provinces React With Caution

Canada Proposes Federal Pot Excise Tax, Provinces React With Caution

Canada is proposing a federal excise tax on marijuana to help ease the path to legalizing the drug, Prime Minister Justin Trudeau said on Tuesday, drawing a cautious response from provinces that would oversee the process.

IDPH

Illinois Medical Cannabis Pilot Program Update – October 4, 2017

SPRINGFIELD, Oct. 4, 2017 /Weed Wire/ — The Illinois Department of Public Health (IDPH) has approved applications for approximately 25,600 qualifying patients (including 216 persons under 18 years of age), since it began accepting applications for the Medical Cannabis Registry Program on September 2, 2014.

marcinmaslowski / 123RF Stock Photo

Audit Reveals Unreported Cash Transactions at Dispensaries in Sacramento

There’s new scrutiny over medical marijuana dispensaries in Sacramento. A city audit found widespread trouble, including concern over pot shops’ possible unreported cash transactions and the possible hit to city tax revenue.

British Columbia Cannabis Regulations Need Public Input Right Now

British Columbia Cannabis Regulators Need Public Input Right Now

While cannabis regulations have already been proposed for Ontario and New Brunswick, British Columbia cannabis regulations have yet to take shape; however, on Sept. 25, 2017, the provincial government announced that it is now collecting public input on how it should sell and regulate the substance.

Attorney General Jeff Sessions Says Marijuana Still Illegal

Attorney General Jeff Sessions Says Marijuana Still Illegal

U.S. Attorney General Jeff Sessions on Wednesday criticized the legalization of marijuana in multiple states and warned that the federal law banning use and sale of the drug “remains in effect,” remarks that could stoke fears of a federal crackdown.

BDS Analytics Tea and Labor Day and Californians

Now We Finally Know What Californians Are Smoking

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.

Drones and Self-Driving Cars Can’t Legally Deliver Marijuana in This State

Drones and Self-Driving Cars Can’t Legally Deliver Marijuana in This State

When retail outlets in California finally get permission to start selling recreational marijuana at the start of 2018, thanks to a vote last year, there’s one notable way they won’t be able to deliver the drug—by drone.

This Cannabis Distributor is Trying to Fight 'Big Marijuana'

This Cannabis Distributor is Trying to Fight ‘Big Marijuana’

Flow Kana is a cannabis distributor that promotes the sale of organic and sustainable marijuana. With recreational marijuana sales beginning next year in California, the company wants to help boost local farm-grown plants over commercial warehouse operations.

Utah Cracking Down on Sales of Pet Food Containing Hemp

Utah Cracking Down on Sales of Pet Food Containing Hemp

It’s a growing trend: hemp for pets. But it could soon be harder to find. Utah’s Department of Agriculture and Food announced Wednesday it had issued warnings to more than two dozen businesses, asking them to stop manufacturing and selling adulterated or misbranded commercial feed.

OLCC - higlin, usable marijuana

OLCC Rules Adjusted for Pesticide Testing of Usable Marijuana

PORTLAND, Ore., Aug. 30, 2017 /Weed Wire/ — Beginning today, August 30, 2017, every batch of usable marijuana (flower and leaves) must be tested directly for pesticides according to the Oregon Health Authority’s testing rules in order to be compliant. This includes untested product that was collected for sampling prior to August 30.

Pixabay / rawpixel / CC0 Public Domain

Better Know a Marijuana Stock: Cronos Group

Whereas most weed businesses are working harder than ever to increase their grow capacity, Cronos Group is a company that’s trying to work smarter. Based in Canada, Cronos Group is an investment firm that primarily invests in Canadian-based pot companies involved in Canada’s medical-marijuana industry.

Why California May Ban Cannabis Packaging That Appeals to Kids

Why California May Ban Cannabis Packaging That Appeals to Kids

As California gears up for the sale of recreational cannabis, lawmakers are still concerned about cannabis packaging that could appeal to minors. On Aug. 24, 2017, state lawmakers sent Gov. Jerry Brown Senate Bill 663, a bill intended to thwart edibles from being marketed to adolescents, as reported by the Los Angeles Times. Crafted by

Want Access to California's Top Marijuana Officials? It Could Cost Big Bucks

Want Access to California’s Top Marijuana Officials? It Could Cost Big Bucks

Today, investors are licking their chops over the prospect of a “green rush” when recreational retailers and weed makers are allowed to open for business Jan. 1.

Willie's Reserve

Willie’s Reserve Legendary Cannabis Stash Launches in Oregon

PORTLAND, Ore., Aug. 11, 2017 /Weed Wire/ — Longtime marijuana advocate and award-winning musician, actor and author Willie Nelson announces his legendary cannabis stash, Willie’s Reserve, is ready to enjoy in the state of Oregon.

Hawaii DOH

First Dispensary Receives Approval From Department of Health to Begin Sales of Medical Cannabis for Hawai‘i Patients

Maui Wellness Group, LLC dba Maui Grown Therapies is the first licensed medical cannabis dispensary in the state to receive the green light from the Hawai‘i Department of Health (DOH) to begin selling medical cannabis to registered patients and their caregivers.

Marijuana Index Increases 11% in July as US and Canadian Stocks Rebound

Marijuana Index Increases 11% in July as US and Canadian Stocks Rebound

The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, increased 11% in July. This marks the first positive month for the North American Index since January.

4 Canadian Marijuana Stocks in Great Financial Health

4 Canadian Marijuana Stocks in Great Financial Health

Identifying companies in great financial health is important when investing in an industry like marijuana. That being said, the Canadian marijuana stocks on our list all have current ratios of at least 10x, and debt to equity ratios under 20%.

Why the Bears Are Wrong About The Scotts Miracle-Gro Stock

Why the Bears Are Wrong About The Scotts Miracle-Gro Stock

In mid-June home lawn and fertilizer care specialist The Scotts Miracle-Gro Company (NYSE:SMG) lowered its full-year fiscal 2017 outlook, citing a more than 10% drop in mass retail sales compared to the year-to-date checkpoint from the previous year. That was caused by challenging weather this spring in core markets across the United States.

Maine Legislative Panel Mulls Raising 10 Percent Tax on Marijuana

Maine Legislative Panel Mulls Raising 10 Percent Tax on Marijuana

As the legalization of recreational marijuana sales nears, a Maine legislative panel has spent months pondering the best way to tax pot to bring in state revenue, fund regulatory enforcement and discourage the illicit market.

Maine Lawmakers OK Bill Requiring Testing Marijuana for Safety

Maine Lawmakers Approve Bill Requiring Testing Marijuana for Safety

Marijuana safety is a major concern for the Maine lawmakers, who want to make sure all marijuana is tested before hitting retail shelves. On July 20, 2017, the Maine House approved a bill that would require the Department of Agriculture to create testing facilities for marijuana.

Colorado’s Marijuana Tax Revenue Now Exceeds Half a Billion Dollars

Colorado’s Marijuana Tax Revenue Now Exceeds Half a Billion Dollars

These days, cannabis is Colorado’s cash crop. In the three-and-a-half years since the state began allowing adults to purchase marijuana for recreational use, cannabis has contributed more than half a billion dollars in tax revenue to both state and local coffers.

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.

Assembly Wants Alaska Marijuana Control Board to Allow Onsite Consumption

Assembly Wants Alaska Marijuana Control Board to Allow Onsite Consumption

On July 11, 2017, members of the Anchorage Assembly voted and approved a resolution to ask the Alaska Marijuana Control Board to support onsite consumption for locals and visiting tourists.

Las Vegas Marijuana Dispensaries Gear Up for Extra Business

Las Vegas Marijuana Dispensaries Gear Up for Extra Business

Medical marijuana dispensaries in Las Vegas are now selling pot to anyone who can prove they are over the age of 21. The measure to legalize marijuana was approved by Nevada voters last November, and now for the first time, a torrent of Fourth of July tourists will be able to enjoy them – with some restrictions

Better Know a Marijuana Stock: MedReleaf Corp.

Better Know a Marijuana Stock: MedReleaf Corp.

MedReleaf is one of less than four dozen licensed producers and retailers of medical cannabis products in Canada. The company was founded just four years ago, and it focuses on supplying dried cannabis, cannabis oils, and cannabis oil capsules to qualified medical patients in Canada.

Nevada Recreational Marijuana Gets Green Light for Sales on July 1

Nevada Recreational Marijuana Greenlit for Sales on July 1

The partygoers of Sin City will soon be given the opportunity to indulge in recreational marijuana this Saturday. On July 1, 2017, Nevada recreational marijuana sales will commence as dispensaries will have the green light to sell to adults.

New California Bill Would Allow County Fair Vendors To Sell Marijuana

New California Bill Would Allow County Fair Vendors To Sell Marijuana

A new California bill making its way through state legislation would allow county fair vendors to sell pot alongside the corn dogs and cotton candy.

Massachusetts Senate Introduces Proposal to Preserve Current Recreational Marijuana Tax Rate

Massachusetts Senate Introduces Proposal to Preserve Current Recreational Marijuana Tax Rate

On June 16, 2017, the Massachusetts Senate introduced an outline to a bill that preserves the current tax rate on retail marijuana sales. The proposal is in stark contrast to the measure put forth by the Massachusetts House of Representatives.

Toronto's Mayor Calls for Continued Crackdown on Illegal Marijuana Dispensaries

Toronto Mayor Calls for Continued Crackdown on Illegal Marijuana Dispensaries

John Tory said Tuesday that he believes the possession of small amounts of marijuana for personal use should have been decriminalized “years ago,” but that Toronto police should continue to target illegal dispensaries across the city.

Massachusetts’ Recreational Marijuana Proposal Seeks Higher Taxes

Massachusetts’ Recreational Marijuana Proposal Seeks Higher Taxes

Lawmakers reviewing the Massachusetts’ recreational marijuana law plan to recommend sharply higher taxes and more control for city and town officials over retail pot shops in their communities, according to a copy of a House proposal obtained Tuesday by The Associated Press.


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