Tag Archives: sales

Ontario Mulls Selling Pot for Less Than Black-Market Price

Ontario Mulls Selling Pot for Less Than Black-Market Price

Ontario Mulls Selling Pot for Less Than Black-Market Price

Ontario will try to sell legal pot for a price low enough to squash the black market. The government plans to establish a price for recreational marijuana that isn’t too high in order to eliminate illicit sales.

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.

The 1 Marijuana Stock That Can Thrive, Even If Jeff Sessions Cracks Down

The 1 Marijuana Stock That Can Thrive, Even If Jeff Sessions Cracks Down

Undoubtedly, a reversal in the federal government’s laxness on pot would be terrible news for marijuana stock investors, but not every last company would be decimated. One marijuana stock could still thrive, even with Jeff Sessions waving the metaphorical sword at the pot industry: Scotts Miracle-Gro.

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.

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

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.

Department Of Health Proposes Regulations That Would Expand New York’s Medical Marijuana Program

Department Of Health Proposes Regulations That Would Expand New York’s Medical Marijuana Program

The Department of Health just announced the issuance of new proposed regulations that would make changes to the state’s medical marijuana program to improve access. Among other things, they would reduce some of the onerous security requirements for registered organizations, shorten the length of the medical marijuana course certifying practitioners must take from four hours to two, and allow additional types of medical marijuana products to be sold.

land purchase agreement SuicideGirls Cannabis Krypted Torres

Friday Night Inc Welcomes Krypted Brand to its Stable in Nevada

VANCOUVER, British Columbia, Aug. 10, 2017 /Weed Wire/ — Friday Night Inc. subsidiary, Alternative Medicine Association, has signed exclusive license agreements with Vader Extracts, CannaBlends, Guilla Extracts and yesterday AMA added “Krypted”, a very well-known and popular vaping brand in California to its Nevada offerings.

Hawaii Greenlights Maui Grown Therapies to Open Dispensary Doors

Hawaii Greenlights Maui Grown Therapies to Open Dispensary Doors

After 17 years, Hawaii’s medical cannabis patients no longer have to wait to legally purchase their medication. On Aug. 8, 2017, the Department of Health approved Maui Grown Therapies as the first licensed medical cannabis dispensary to open for business in Hawaii.

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 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.

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.

Legislative Conference Committee Stalls on Massachusetts Marijuana Bill

Legislative Conference Committee Stalls on Massachusetts Marijuana Bill

he Massachusetts House and Senate continue to be at odds over how to regulate recreational marijuana. On June 30, 2017, a six-member conference committee comprised of both House and Senate leadership announced that although it had missed its self-imposed deadline to come to an agreement, it would continue negotiations after the Fourth of July holiday.

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.

Massachusetts Lawmakers May Compromise on Recreational Cannabis Taxes

Massachusetts Lawmakers May Compromise on Recreational Cannabis Taxes

Massachusetts House Speaker Robert DeLeo and Senate President Stanley Rosenberg are confident that the House and Senate can come to an agreement on recreational cannabis taxes before their self-imposed deadline of June 30, 2017.

Which Cannabis Stock Could Be First to $1 Billion in Annual Sales?

Which Cannabis Stock Could Be First to $1 Billion in Annual Sales?

If there is a “Holy Grail” milestone out there for cannabis stocks, it’s the $1 billion sales mark. The first cannabis company to hit $1 billion in sales will likely validate the industry to Wall Street and investors. But which marijuana stock has the best chance at being first to $1 billion in annual sales?

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.

Oregon Economic Forecast Gives First-Ever Recreational Marijuana Outlook

Oregon Economic Forecast Gives First-Ever Recreational Marijuana Outlook

On May 16, 2017, the Oregon Office of Economic Analysis issued its quarterly Oregon Economic and Revenue Forecast, with the forecast giving a recreational marijuana outlook for the first time in the forecast’s history.

Proposed Connecticut Budget Bill Adds Cannabis Legalization

Proposed Connecticut Budget Bill Adds Cannabis Legalization

In a Connecticut budget bill introduced on May 16, 2017, Democrats included legalizing, regulating and taxing recreational marijuana. According to the Marijuana Policy Project, the proposal would allow adults 21 and older to buy marijuana from dispensaries.

Maine's Caregivers Surged as Dispensary Sales Dropped in 2016

Maine’s Caregivers Surged as Dispensary Sales Dropped in 2016

On April 21, 2017, the Maine Department of Health and Human Services issued its 2016 annual report on the state’s medical marijuana program, noting that the number of caregivers rose from 2,258 in 2015 to 3,258 in 2016, an increase of 44%.

‘Early start’ program for Nevada recreational marijuana sales OK’d

‘Early Start’ Program for Nevada Recreational Marijuana Sales OK’d

Licensed Nevada medical marijuana facilities in good standing with state agencies will be allowed to start recreational marijuana sales on July 1, according to the industry’s new state regulating body.

Illinois Medical Marijuana Sales Rise Slightly in April

Illinois Medical Marijuana Sales Rise Slightly in April

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.

Hemp Life Today - Ubiquitech

Ubiquitech CEO Gives Overview on 2017 Progress for its Division HempLife Today Along with Expectations for the Remainder of 2017

DENVER, May 4, 2017 /Weed Wire/ — Ubiquitech Software Corp. (OTC PINK: UBQU), CEO and the management of (UBQU) and Hemplife Today™ want all shareholders, and the general public, to have an update and overview on the exciting progress to date in 2017. The company also includes goals for the remainder of the year.

JUJU Royal - Weed for Warriors Project

Julian Marley’s JuJu Royal Brand Fulfills Promise: Donates 1% of annual sales to Weed For Warrior Project

DENVER, May 3, 2017 /Weed Wire/ — Making good on a promise from November 2015, Dropleaf, the brand management firm that has obtained the exclusive rights to the Julian Marley’s JuJu Royal brand, has paid $3,800, or 1% of annual sales, to the Weed for Warriors Project.

HempTech - CannaTRACK

HempTech (HTCO) Announces Redeployment of CannaTRACK by Verecis — CannaTRACK to Manage Cannabis Lifecycle for Compliance & Profitability for HempTech’s Customers

SAINT PETERSBURG, Fla., May 1, 2017 /Weed Wire/ – HempTech Corp. (OTC PINK: HTCO), a provider of advanced Controlled Environment Agriculture (CEA) with sophisticated automation and analytical tools for the cultivators of legal industrial hemp and marijuana, announces today that it is redeploying CannaTRACK: an Enterprise Asset Management System.


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