Revenue Growth In The Legal Cannabis Market

According to sales data from Colorado’s Department of Revenue released Friday, sales of recreational pot topped $59.2 million for the month, while medical marijuana dispensaries pulled in $41.4 million, for a combined $100.6 million — the highest monthly total since legal recreational cannabis sales began there in January 2014.

NEW YORK: A research published by Arcview Market Research indicates that people in North America spent $53.3 billion on legal, medical, and illicit cannabis in 2016. The North American legal cannabis market posted $6.7 billion in revenue in 2016, or up 30% from the year before. The illicit market generated 87% of total pot sales, down from 90% in 2015. The Read the full article…

Marijuana Industry Entrepreneurs Enjoy Hottest Career Opportunities

Marijuana is safer than unemployment

By John Levy The marijuana market is among the fastest growing of all time. It is also becoming more socially acceptable, and as such, many young people are opting for a career in the cannabis industry. According to Forbes, the pot sector will create more employment than manufacturing by 2020. There are many job opportunities Read the full article…

Overview Of The Marijuana-infused Food Regulations

Edibles are changing the marijuana marketplace

By Ian Lebowski Colorado State was the first to be declared cannabis-friendly after legalizing medical marijuana in 2000. During that time, only a few regulations governed distribution and use of the drug. However, certain concerns have led to new rules and guidelines for cultivation, distribution, acquisition and use of marijuana, either for medical or recreational purposes. Read the full article…

Oregon Retail Licensees Required To STOP Collecting, Retaining Consumer Info

OLCC protects privacy of retail transactions.

Collection of Customer Data Ends; Previously Collected Information Must Be Destroyed OREGON: Oregon Governor Kate Brown signed Senate Bill 863 into law on April 17, 2017. SB 863 prohibits marijuana retailers from recording, retaining or transferring information contained on a passport, driver’s license, military identification card or other identification card. What are marijuana retailers required to do? Beginning Read the full article…

Washington State’s Cannabis Tracking Contract Up For Bid

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By Bart Schaneman, Marijuana Business Daily WASHINGTON: Washington state regulators have begun accepting bids for a new seed-to-sale tracking system to keep tabs on marijuana commerce, a deal with an initial value of about $3 million. The competition likely will be fierce, given that the contract involves one of the nation’s largest cannabis markets. But businesses Read the full article…

The Legal Cannabis Market Expected to Witness Wider Adoption

Marijuana is big business

NEW YORK: According to a research report by Market Research Future, the Cannabis market in North America was valued at over USD 3.5 billion for the full year of 2015. Of that, the United States being the largest market in the region, was valued over USD 3 billion on its own. Marketing activities for cannabis products have been challenged by consumer perception and Read the full article…

Legal Medical Marijuana Delivery Arrives In San Jose

Delivery comes to San Jose

CALIFORNIA: Eaze, the leading marijuana technology company, announced its official launch in San Jose today. Residents with a valid medical marijuana recommendation can now use Eaze to place orders for marijuana delivered on demand by a licensed dispensary. Residents in need of a recommendation can connect to a doctor on demand from their phone using Read the full article…

Pot Valet Introduces Cannabis Products For Women – Delivered By Female Drivers

Pot Valet offers Cannabis By Women For Women

CALIFORNIA: Pot Valet is a leading provider of premium-grade cannabis in California. With its medical marijuana delivery service available to every city in the state, and soon the whole country, the company offers patients safe, legal, and discreet access to their medicine, eliminating their need to visit a cannabis dispensary. According to Pot Valet, courier companies should focus on Read the full article…

CEO Leah Heise Resigns From Women Grow

Leah Heise is out as CEO Women's Grow

NEW JERSEY: Women Grow, the cannabis industry’s largest professional networking organization, announces leadership changes. Leah Heise, Chief Executive Officer and Maryland regulatory compliance attorney has stepped down effective immediately. Heise is the recipient of a Maryland Dispensary pre-approval and will depart from her role as CEO to focus on the requirements to open her family-owned Read the full article…

United Patients Group Launches Seal Of Approval For Cannabis

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CALIFORNIA: Industry-respected medical cannabis advocates United Patients Group is launching a new initiative to shine a spotlight on quality, safety and ethical business in cannabis – setting badly needed standards and best practices in an industry that still bears the wild west hallmarks of its black market past. The United Patients Group Seal of Approval will be awarded to Read the full article…