Colorado is on track to unveil new social equity cannabis business licenses in 2020 — the issue is who to award them to. The special license category was mandated by Senate Bill 224, and is reserved for use by low-income demographics only, providing an opportunity to potential business owners who may be unable to secure […]
As a newly emerging industry, the world of legalized cannabis is going through some growing pains, and there’s no end in sight. Those currently working in the industry have an idea of the complexities involved. Some of these issues are typical self-inflicted startup woes; others a result of constantly changing regulations. Let’s face it, building […]
It doesn’t take long to realize it’s everywhere: CBD candies. CBD beverages. CBD lotions, creams, oil — even pet snacks. But can you believe what’s on the packaging? An investigation by the Associated Press revealed that ten out of 30 commercially marketed CBD products tested positive for the presence of synthetic cannabinoids, similar to what […]
Finding a brand and a voice is difficult and time-consuming for most new businesses, but for an industry emerging from the shadows, it can be even more tedious. Throw in a bunch of regulatory stipulations, ever-changing industry norms and a bunch of so-called “experts” into the mix, and the advertising side of the cannabis equation […]
Investing takes time, patience and enough money to ride out ebbs and flows. The marijuana industry is expected to perform well and thrive, but that’s the long game. In order for cannabis stocks to thrive, long-term, it’s going to take a robust influx of cash in order to counteract aggressive spending and losses. Multiple forecasts […]
In a move intended to undercut California’s huge illegal cannabis industry, Weedmaps is the latest online cannabis dispensary directory to remove information on unlicensed shops from its website. According to a CTV News report, on August 21 Weedmaps announced that it will not allow illicit businesses to advertise on its platform. Weedmaps, a popular website […]
Stereotypes might lead one to believe that the world of cannabis is all about testosterone and men. Priscilla Vilchis turns that assumption on its head, as she has quickly become a major player in the cannabis industry. Vilchis is the owner and CEO of Premium Produce, a recreational and medical cultivation and processing company. Premium […]
The new quarterly edition of the Marijuana Business Factbook, just released in August, is here — and offers some interesting insight and analysis on the growth of state markets. And surprisingly, according to data analysis, Oklahoma and Florida are leading the way in medical market growth. While recreational marijuana is legal in 11 states plus […]
In a poll released in June from Paychex, it was revealed that 34 percent of employers are “not prepared” at all to deal with their employee’s medical marijuana use. The poll also noted that 42 percent of companies said they were “very prepared” to deal with their employees’ medical marijuana use while 24 percent claimed […]
The first half of 2019 was a busy one for California’s illegal cannabis industry. In a state that has struggled with the enforcement of the illicit side of cannabis, the state Bureau of Cannabis Control served 19 search warrants on unlicensed sellers of marijuana. Through their efforts, the bureau confiscated over $200,000 in cash from […]
