Month: January 2018 (Page 20)

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Denver’s The Coffee Joint may become the first licensed business (that’s not a dispensary) to allow cannabis consumption onsite in America. For marijuana consumers, lurking behind cannabis legalization’s success is an ongoing and unsolved dilemma: There’s very few places to legally exercise the newfound right and consume it. Wherever adultsContinue Reading

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An umbrella group for Canada’s securities regulators is reviewing whether its disclosure-based guidelines for companies with U.S. marijuana-related activities remain appropriate in light of Attorney General Jeff Sessions’ decision to revoke Obama-era protections for state-legal MJ businesses. The move by the Canadian Securities Administrators (CSA) comes after the organization issuedContinue Reading

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Marijuana Business Daily reporter John Schroyer is on the ground in California, posting firsthand accounts detailing the historic, Jan. 1 launch of the state’s recreational marijuana market. Scroll down for an inside account from cannabis business executives pioneering the state’s new adult-use market, which Marijuana Business Daily estimates will generate at least $4Continue Reading

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Nearly 20% of state-licensed marijuana retailers in a recent undercover operation sold cannabis to underage buyers, according to Oregon authorities. The Oregon Liquor Control Commission told The Oregonian that 16 of 86 shops sold marijuana to people younger than 21 during decoy visits in December. The agency issued citations toContinue Reading

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A medical marijuana dispensary and recreational retail store in Los Angeles have received temporary licenses from the city to sell cannabis. Mother Nature’s Remedy Caregivers in Woodland Hills and WHTC in Studio City received L.A.s’ first MMJ and adult-use permits, LA Weekly reported, The two facilities now need approval onlyContinue Reading

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One of Canada’s largest licensed medical marijuana producers got even bigger, buying rival British Columbia cultivator Broken Coast Cannabis for 230 million Canadian dollars ($185 million) in stock and cash. Aphria, based in Leamington, Ontario, also expanded its presence in Australia, purchasing a 25% stake in an Australian MMJ producerContinue Reading

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Industry insiders in San Francisco and Los Angeles are nervously eyeing local licensing delays for cultivators and processors and wondering how long the pre-2018 dispensary stockpiles will last. California is the number one cannabis producer in North America — producing far more cannabis than it consumes. So some people mightContinue Reading

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GrowGeneration, a multistate operator of retail hydroponic and organic gardening stores serving marijuana growers, said it raised $9 million through the offering of convertible notes. The Denver company said in a news release filed with the Securities and Exchange Commission that it plans to use the proceeds to expands itsContinue Reading