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

Big and getting bigger

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

$1 Billion in mj sales predicted for Mass by 2020

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…

Massachusetts State Senators In Colorado To Study Marijuana

Marijuana Elections grow legal cannabis industry

MASSACHUSETTS: Eight state senators are flying into Colorado this week for a primer on life in a state that has already legalized marijuana, in case Massachusetts voters follow suit this November and lawmakers have to decide quickly how to respond. They’re poised to see a cultivation facility, tour a marijuana dispensary, and pepper top state, municipal, Read the full article…

Washington LCB To Increase Number Of Retail Marijuana Stores Following Analysis Of Marketplace

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

WASHINGTON: Following an analysis of the entire marijuana marketplace in Washington State, the Washington State Liquor and Cannabis Board (WSLCB) today heard a recommendation from staff to increase the number of retail marijuana stores from the current cap of 334 to a new cap of 556. The methodology for the cap will be part of Read the full article…

After Two Years, Debate Remains Over Marijuana Legalization’s Impacts

The legal cannabis market is big, and getting bigger

COLORADO: Ask Colorado Gov. John Hickenlooper how marijuana legalization is going, now almost two years into a historic initiative of allowing licensed stores to sell cannabis to anyone over 21, and he offers this: “In many ways, the first two years of marijuana legalization has been a testament to Coloradans and our ability to work together.” Hickenlooper Read the full article…

High Tech Times For Medical Marijuana In The US

In achieving this within the cannabis industry, an enormous opportunity exists for technologists to both standardize and create proper marketplaces within which to sell raw cannabis, as well as its derivatives.

Medical marijuana is now legal in 23 US states and it has prompted a market for cannabis related apps including those connecting producers with customers, delivery services and review sites. BBC Click‘s Sumi Das reports.