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Why Marijuana Marketing Will Be Bigger Than Ever This Year The 2016 election helped pave the way By Janet Stilson

Why Marijuana Marketing Will Be Bigger Than Ever This Year The 2016 election helped pave the way By Janet Stilson

The cannabis business had some big wins during this year’s election. Now, that’s stimulating predictions of major greenback growth along with ever-more sophisticated marketing strategies on the part of cannabis companies. In November, citizens of four states—California, Massachusetts, Maine and Nevada—voted to approve recreational cannabis usage for adults 21 or over. They join four other states where the drug can […]

January 5, 2017 · 0 comments · Investing
Changes in the works for Massachusetts medical marijuana law

Changes in the works for Massachusetts medical marijuana law

BOSTON — Proposed changes to Massachusetts’ medical marijuana regulations aim to make it easier for patients in hospice care to access medical marijuana. But patient advocates say the new rules will not address the fact that the process takes too long and would not help patients who are being cared for at home. “Hospice patients are literally out of time,” […]

January 5, 2017 · 0 comments · Investing
California’s Gigantic Medical-Marijuana Industry Could Be Devastated by an Unlikely Source

California’s Gigantic Medical-Marijuana Industry Could Be Devastated by an Unlikely Source

If you support the legalization of marijuana, 2016 didn’t give you much to complain about. Last year, residents in four states approved recreational-marijuana ballot initiatives, doubling the total from the end of 2015, while five new states put medical-cannabis laws on their books. By year’s end, 28 states and Washington, D.C., had legalized medical pot. And there’s more where that […]

January 3, 2017 · 0 comments · Investing
Illinois medical marijuana sales reach $4.4M in November

Illinois medical marijuana sales reach $4.4M in November

SPRINGFIELD, Ill.  •  Medical marijuana sales reached more than $4.4 million in November at licensed dispensaries throughout Illinois, marking another month of steady growth for the year-old industry. The state released new sales figures for November along with a new tally for how many patients qualify to buy marijuana legally. The Illinois Department of Public Health now has approved approximately […]

December 15, 2016 · 0 comments · Investing
Medical marijuana rules advance in City Council

Medical marijuana rules advance in City Council

City Council Committee on Rules voted Wednesday to move an amendment sponsored by Councilmen Derek S. Green and Bobby Henon that allows for zoning of medical marijuana growers, processors and dispensaries within the city. Bill 160919 defines “medical marijuana dispensary,” “medical marijuana growing and processing facility,” and outlines regulations and standards with regard to zoning and distance requirements for dispensaries […]

December 5, 2016 · 0 comments · Investing
Pot business hazy over impacts from legalized medical marijuana in Florida

Pot business hazy over impacts from legalized medical marijuana in Florida

While over 70 percent of Florida voters approved constitutional Amendment 2 on Nov. 8 to legalize medicinal marijuana, the economic impact of the measure will remain hazy for at least months if not years. The modification to the state’s constitution officially doesn’t take hold until Jan. 3. But there are already six marijuana cultivation operations designated for the different geographic […]

November 21, 2016 · 0 comments · Investing
Cannabis By The Numbers: How Much Money Will States Bring in From Marijuana in 2016?

Cannabis By The Numbers: How Much Money Will States Bring in From Marijuana in 2016?

t’s been a pretty promising start for the marijuana industry across the United States. We’re almost halfway through 2016, and marijuana tax collections in Colorado and Washington have exceeded initial estimates. For instance, Colorado’s cannabis industry brought in more than $270 million in the first quarter of 2016 alone. New analysis from the Tax Foundation found nationwide legalization of marijuana could generate […]

May 18, 2016 · 0 comments · Investing
3rd New Hampshire medical marijuana center to open

3rd New Hampshire medical marijuana center to open

LEBANON, N.H. (AP) – New Hampshire’s third medical marijuana dispensary is set to open in Lebanon. Temescal Wellness, which also is operating an alternative treatment center in Dover, will open its Lebanon center on Sunday. The Dover dispensary opened on May 5, followed by Sanctuary ATC’s Plymouth dispensary on April 30. New Hampshire’s law to allow medical marijuana passed in […]

May 16, 2016 · 0 comments · Investing
Medical marijuana bill moves to Ohio Senate committee

Medical marijuana bill moves to Ohio Senate committee

Less than 24 hours after a controversial plan to legalize medical marijuana passed the Ohio House of Representatives it moved to the State Senate Wednesday. Sponsor Steve Huffman, R-Tipp City, assured committee members at its first Senate hearing that there are enough protections in the bill to prevent abuse. Senate committee chairman Bill Coley, R-Liberty Township, said hearings on the […]

May 11, 2016 · 0 comments · Investing
Bill tabled after delegate’s speech on medical marijuana

Bill tabled after delegate’s speech on medical marijuana

CHARLESTON, W.Va. (AP) — A West Virginia lawmaker said it was difficult for him, but necessary, to detail his own positive experience with medical marijuana in order to help defeat a bill that would have lengthened prison terms for people bringing drugs into the state. Republican Delegate Bill Flanigan of Morgantown was visibly frustrated Tuesday as he gave his first […]

March 7, 2016 · 0 comments · Investing