A company backed by United Kingdom billionaire Jim Mellon and Nuuvera co-founder Lorne Abony plans to establish what they say will be Asia’s first e-commerce platform focusing on CBD-infused products. The pair are part of a group of investors in Hong Kong-headquartered Regent Pacific that is closing in on aContinue Reading
A key U.S. House panel approved a spending bill including a provision that would protect banks serving lawful marijuana businesses from punishment by federal financial regulators. The House Appropriations Committee approved the fiscal year 2020 Financial Services and General Government bill, which included the MJ banking measure, by a voteContinue Reading
Nowadays, a compound called delta-8-tetra-hydrocannabinol (THC) is becoming increasingly common to find in concentrated extracts at dispensaries in states that allow for the medical or recreational sale of cannabis products. But from where did this long-lost sibling of delta-9-THC seemingly suddenly appear? Quite simply, delta-8-THC has been hiding in plainContinue Reading
Weekly Deal Watch: Public companies target private firms for cannabis M&A is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: Weekly Deal Watch: Public companies target private firms for cannabis M&AContinue Reading
As competition between cannabis retailers grows, so does the number of stores in mature markets, where the relative density of marijuana shops has surpassed that of Starbucks in many. The recently released Marijuana Business Factbook estimates that in Denver and Portland, Oregon, for example, marijuana retailers outnumber Starbucks by close to double,Continue Reading
Conducting research on cannabis cultivation can be tough. The solution for Rx Green Technologies? Build a licensed grow op in Colorado that doubles as an R&D facility for their agricultural products. The post Inside the Research Grow Operation With Rx Green Technologies appeared first on Leafly. Read More:Continue Reading
While there is still a long way to go before cannabis becomes totally mainstream, we may be seeing the end of the Wild West for marijuana businesses. This overarching theme permeated predictions for the industry Wednesday as MJBizConNEXT opened at the Ernest N. Morial Convention Center in New Orleans. MJBizConNEXT and theContinue Reading
It might often feel like it’s not worth getting down in the mud with anti-cannabis prohibitionists, given that engaging with their platform serves to bring it more attention. However, in the face of harmful exaggeration, sometimes it is worth exposing the sheer bizarre logic of an anti-cannabis claim. Former NewContinue Reading
Quebec’s recreational marijuana retailer lost nearly 5 million Canadian dollars ($4 million) in its first fiscal year, citing supply challenges and build-out costs. The first fiscal year ran from October 2018 – when adult-use cannabis was legalized – through March 30. Receipts at Société Québécoise du Cannabis (SQDC) totaled roughlyContinue Reading
Oregon has too much cannabis. Other states don’t have enough. A newly passed bill hopes to address the imbalance—and may lower prices for some consumers. The post Oregon Is About to OK Cannabis Exports. What’s Next? appeared first on Leafly. Read More: Oregon Is About to OK CannabisContinue Reading
