Tilray Launches Initial Public Offering

Tilray joins Nasdaq

CANADA: Tilray, a vertically-integrated and federally-licensed cannabis cultivator, processor and distributor, announced that it has launched an initial public offering of its Class 2 common stock pursuant to a registration statement on Form S-1 previously filed with the United States Securities and Exchange Commission. Tilray has applied to list its common stock on the Nasdaq Global Read the full article…

CCTV Expands Footprint, Programming Offerings Via GreenScreens Deal

The deal will leverage the executive staff and sales teams of both companies to manage the existing 10 states (WA,OR,CA,CO,NV,MI,MD,FL and AZ) and about 350 screens in those markets.

COLORADO:  GreenScreens, based in Boulder, Colorado, industry leaders for in-store information boards and California-based Cannabis Club TV, the only digital cannabis infotainment network backed by Tommy Chong, have entered into an agreement to combine resources providing cannabis dispensaries with a one-stop shop for digital footprint management. According to a joint press release, the new partnership Read the full article…

Michigan: Legalization Coalition Turns In 360,000 Signatures To Place Issue On 2018 Ballot

The initiative permits those over the age of 21 to possess and grow personal use quantities of cannabis and related concentrates, while also licensing activities related to the commercial marijuana production and retail marijuana sales.

MICHIGAN: Proponents of a voter initiative effort to legalize and regulate the personal use and retail sale of cannabis in Michigan have turned in more than 360,000 signatures in an effort to qualify the measure for the November 2018 ballot. Advocates must possess a total of 252,523 valid signatures from registered voters in order to place the Read the full article…

Retail Is The Focus Of Marijuana Venture’s RAD Expo Jan 17-18 In Portland

RAD Expo is January 17-18 in Portland

WASHINGTON: The RAD Expo, a national b2b trade show exclusively focused on the marijuana retail and dispensary business, is coming to the Oregon Convention Center in Portland on Jan. 17-18. Marijuana Venture, the national cannabis business publication producing the event, is offering free tickets to all current and future owners, buyers and employees of marijuana retail stores and dispensaries, Read the full article…

Oregrown Flagship Grand Reopening March 3

Oregrown Grand Reopening is March 3rd

OREGON: Oregrown Industries will celebrate the grand reopening of its flagship store with music, food and beverages this Friday, March 3 from 4-6 p.m. at 1199 NW Wall Street in downtown Bend. The event marks the completion of construction of an expansion that has nearly tripled the size of the company’s retail store. “Oregrown was launched four years ago by a group Read the full article…

Spending On Legal Cannabis Accelerates

MMJ reduces opioid use

NEW YORK: The rapid growth of the legal cannabis industry could help spur the U.S. economy. According to a report from The Marijuana Policy Group, the legal cannabis market in Colorado alone created about 18,000 cannabis-related jobs in 2015 and generated about $2.39 billion in economic activity for the state. In 2016, cannabis-related companies employed an estimated 100,000 to Read the full article…

MedMen Acquires New York Medical Marijuana Company

MedMen is coming to NY

CALIFORNIA: MedMen, a Los Angeles-based cannabis management and investment firm, announced today that it has acquired Bloomfield Industries, Inc., one of only five Registered Organizations licensed to operate a medical marijuana business in the State of New York. The acquisition provides MedMen with the opportunity to apply its operational expertise and institutional best practices to one Read the full article…

Massachusetts Marijuana Sales To Top $1 Billion By 2020

"Decriminalization of cannabis in five states between the years 2009 and 2014 was associated with large and immediate decreases in drug-related arrests for both youth and adults. ... The sharp drop in arrest rates suggests that implementation of these policies likely changed police behavior as intended."

MASSACHUSETTS: Arcview Market Research, in partnership with New Frontier Data, has released its Massachusetts Legal Cannabis Market State Profile, which shows the potential growth of the legal marijuana market after Massachusetts voters legalized adult-use on Election Night 2016. The official Arcview Market Research projection for the Massachusetts market is that it will grow to over $1 Read the full article…

New Report: Edibles Market Will Grow To $11B In 2017

Edibles in California will reach $11B by end of 2017

CALIFORNIA:  OutCo, a Southern California based fully vertical cannabis company has partnered with Monocle Research in Orlando, Florida to conduct groundbreaking research on the new state of cannabis in California. The recent approval of recreational marijuana use in the state of California has generated an immense amount of interest from both businesses and consumers, as they attempt to grasp the size and scope of Read the full article…

King County Council Chair: Council’s Vote Continues Inequitable Location Of Marijuana Facilities

“The legislation will further concentrate retail marijuana stores in low income and working class neighborhoods, and, more often than not, minority neighborhoods.”

WASHINGTON:  Metropolitan King County Council Chair Joe McDermott, joined by Council member Larry Gossett, released this statement after the passage of legislation limiting the production, processing and retail of marijuana in the unincorporated areas of King County: “The legislation will further concentrate retail marijuana stores in low income and working class neighborhoods, and, more often than not, Read the full article…