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…
After months of anticipation, Canada has officially become the second country in the world to legalize adult-use cannabis after Senate recently passed the long-awaited bill. Uruguay was the first country to pass legalization measures, with sales starting last year. Canada’s size and global standing, however, give it a unique opportunity…
Time is almost up for marijuana business owners to achieve full compliance of testing and packaging regulations. For six months, businesses have enjoyed a grace period that allowed them to sell marijuana products that were not in total compliance so long as they included a label indicating any safety standards…
It’s time for California to take a serious look at taxes that state and local governments are imposing on cannabis business owners. Some legislators agree, but others think the higher taxes should stand, at least for a while longer. For now, the current tax rate will remain, as an assembly…
The continued expansion of legalized marijuana in states is leading to one surprising result: overproduction of cannabis. Oregon in particular is reporting an excess in cannabis production, which is driving down the price of marijuana at dispensaries across the state, according to Associated Press. As a result, growers are exploring more…
Spice, K2, synthetic marijuana: whatever you call it, we know these alleged cannabis knockoffs have about as much in common with the natural drug as a circle to a square. Lawmakers have long been chasing down these dangerous substances, to no avail. But the Illinois State Senate is taking steps…
Online media giant YouTube has enacted a host of more stringent enforcement guidelines, seemingly at random, restricting and even shutting down many channels its representatives claim violate its policies. Gun-related channels in particular have come under scrutiny. A bit more perplexing, however, is the site’s more aggressive stance against cannabis-related…
For many cannabis businesses, social media seems like the ideal place to advertise. Facebook provides many tools for advertisers that allow them to focus their audience in a way that would be extraordinarily beneficial for marijuana products and dispensaries. They would be able to narrow down the viewers to only…
There are many questions that have been answered with the legalization of recreational marijuana in California. What? Proposition 64 was approved by voters and made legal adult-use marijuana. Who? Residents 21 years or older. When? As of Jan. 1, 2018. Where? Now, that’s a trickier matter. Firstly, the state law…
While many Californians are finally enjoying the freedom to use recreational marijuana, some are questioning how safe their private information is when they make a purchase. When Proposition 64 went into effect Jan. 1, adult-use marijuana became legal in the state, with local governments able to set up their own…