Oregon is reaping the green benefits of its legal weed industry to the tune of a cool $85 million. Having legalized marijuana in 2014, Oregon has finally begun to distribute the tax dollars that the state has collected, after a two-year wait. Wait, What Took Oregon So Long To Distribute Its Legal Cannabis Tax Revenue? The reason is that the Oregon Liquor […]
US cash-intensive cannabis businesses (420s) are looking for ways to meet customer demand while struggling under federal prohibition. Cryptocurrencies are increasing in popularity with 420s, and now Zenapay is entering the market with its own bitcoin solution. Also read: Indospace Allows Cannabis Merchants to Accept Bitcoin Effortlessly Cannabis Cash The US states comprising its contiguous west, if outliers include Alaska and […]
FEDERAL WAY, Wa., September 19 — Smoking Outlet is changing the way smokers of legal marijuana in Seattle and Tacoma buy their water pipes. The online headshop, based in Federal Way, is one of the first companies in the nation to offer same day delivery of water pipes to customers. Online shoppers in the greater Seattle and Tacoma areas looking to […]
With so many American states legalizing medical and adult-use cannabis, it’s no surprise that entrepreneurs are joining the rapidly growing industry. Federal illegality, though, makes it tough for these pioneers and their investors to make money. Canadian cannabis companies are active on five continents, so investors may participate globally without leaving Canadian securities. Scaling a business that’s prohibited from selling […]
Canada’s largest licensed cannabis producer is about to get even bigger. On Wednesday, Canopy Growth Corp. announced that it will develop up to 3 million square feet of additional greenhouse capacity in British Columbia. The move, part of a newly announced joint venture with a large-scale British Columbia-based greenhouse operator to form BC Tweed Joint Venture Inc., will more than […]
Packaging has been a challenge for cannabis companies eager to get their products on the market while adhering to regulations. That’s why “medical marijuana was one of the hot topics at the recent PACK EXPO Las Vegas/Healthcare Packaging EXPO,” according to Packaging World. At the expo, Presto Products Co.’s Todd Meussling gave an interview on opportunities for packaging companies to work […]
As recreational marijuana markets roll out, how will the Green Rush change retail? Those not lucky enough to be there in person saw the media reports: On July 1, 2017, the first day of recreational cannabis sales in Nevada, long lines of eager, excited customers waited at dispensaries under the blazing desert sun. Dispensaries opened at midnight to celebrate the […]
Much of the talk about medical and recreational marijuana involves forms of TetraHydroCannabinol, more commonly known as THC. THC is the psychoactive constituent of the cannabis plant, meaning that the “high” associated with marijuana use is due to THC. However, there’s another component to the cannabis plant that has gotten much less press, but its range of uses far exceeds those of […]
The world is watching as California comes into the main fold this next year with a full adult legalization policy. The enormity of the market, matched with global regional brand recognition, and California’s propensity for bureaucracy make an interesting confluence for cannabis. Farmers have been operating, some for decades, in remote corners of northern California. Some farmers have been operating […]
LAS VEGAS – A problem for pot smokers in Nevada could soon be solved. According to an advisory group for lawmakers, cities and counties could legally approve pot lounges. Once customers or patients make a marijuana purchase at a dispensary, they need to figure out where to smoke or ingest the marijuana. This latest development means perhaps the dispensary could […]
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