Month: January 2018 (Page 34)

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Cryptocurrencies like Bitcoin and Ethereum  represent an exciting but volatile investment, but their foundation — blockchain — is already being embraced by established corporations as a solution for many issues facing the emerging legal cannabis industry. Most conversations about the cryptography software of blockchain are focused on the explosive unpredictabilityContinue Reading

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A Canadian hemp company clinched a California distribution deal that will see its CBD-infused foods and waters on shelves in 550 dispensaries. Phivida Holdings of Vancouver, British Columbia, said it struck the agreement Wednesday with Green Reef Distribution, a company in Santa Monica, California, that distributes cannabis products. The Green ReefContinue Reading

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

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Officials have required a group that funneled large donations to 2016 ballot questions, including opposing legal cannabis, to disclose the identity of its donors. The post Officials Force Massachusetts Group to Reveal Ballot Question Donors appeared first on Leafly. Read More: Officials Force Massachusetts Group to Reveal BallotContinue Reading

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Warnings that marijuana legalization was a “Trojan horse” for corporate cannabis were dismissed as nonsense from the fringe, but a recent development allowing for massive cannabis farms has pushed three California lawmakers to step forward to decry the state’s new regulations. Prop. 64, the voter initiative that legalized recreational marijuanaContinue Reading

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A local bank in Maryland is helping medical marijuana businesses alleviate a major headache in the cannabis industry. According to The Washington Post, two marijuana dispensaries and two cultivators have opened accounts with Severn Savings Bank, an Annapolis community bank owned by publicly traded Severn Bancorp. This is an operationalContinue Reading

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The extraction process is fueling the boom in vaping, edibles, and concentrates. Who’s profiting from the trend? The post Investing in Cannabis Extraction: 5 Companies to Watch appeared first on Leafly. Read More: Investing in Cannabis Extraction: 5 Companies to WatchContinue Reading

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A decision is reportedly coming this month on whether British Columbia will allow recreational cannabis and liquor to be sold in the same location. The province has said it would give entrepreneurs the opportunity to participate in recreational sales of marijuana next year – alongside the provincial government – but itContinue Reading