Two recent cannabis product recalls have some marijuana businesses concerned about such scenarios becoming a widespread issue, particularly with more stringent testing regulations recently becoming mandatory. According to a report from Marijuana Business Daily, though, several testing labs have said there is little to be concerned about, especially as these…
More than four years after recreational marijuana became legal in Colorado, the state is continuing to post big numbers as a result of the blossoming cannabis economy. According to The Denver Post, Denver’s dispensaries recorded $587 million in sales in 2017, a record high, with sales continuing to rise into…
The company that produced the first ever cannabis-derived medicine to be approved for use by the U.S. Food & Drug Administration has revealed to investors the cost of the drug: $32,500 per year. This is reportedly on the low-end of original estimates between $30,000 and $60,000. Epidiolex, made with CBD…
In late June, the Food & Drug Administration for the first time approved a cannabis-derived drug, and it could change the landscape of marijuana in the United States, possibly within the next month. Epidiolex contains an active ingredient of CBD found in marijuana, and was approved to treat severe forms…
Wildfires raging in California are devastating lives and promise to have major effects on marijuana businesses throughout the state. Many are saying the rampant fires are some of the worst in the state’s history, and are particularly devastating considering it was just last year that 1.3 million acres were annihilated…
University of California-San Diego is conducting a study out of its Center for Medicinal Cannabis Research to better understand how marijuana use impairs driving. The study is the largest of its kind and seeks to gather some hard data on levels of cannabis and impacts on common driving scenarios, according…
The country of Georgia has made it legal to consume marijuana, though it is still illegal to cultivate or sell. Georgia is now officially the first former-Soviet Union nation to lift such a ban, according to a report from Newsweek. The change came down from a decision from the country’s…
A new bill was introduced in the House of Representatives in hopes of easing up burdens on federal employees who work in states where marijuana has been legalized by allowing them to benefit from their state’s laws without fear of losing their job. HR-6589, the Fairness in Federal Drug Testing…
Two monoliths of cannabis advocacy have joined forces in California, aiming to protect what many estimate to be the world’s largest marijuana market. California Growers Association, based in Northern California, is merging with Southern California Coalition out of Los Angeles to leverage their combined strength when voicing needs of the…
A new first for cannabis businesses recently took place, with the first initial public offering on a U.S. stock exchange by a marijuana producer. Ontario, Canada-based cannabis conglomerate Tilray went public on New York NASDAQ recently. The stock price spiked 30 percent in one day proving what we have been…