Major Developments In Cannabis Industry Today Including Significant License Developments

Introducing the CCC

FLORIDA: Canadian and North American Cannabis companies are quickly ramping up operations getting ready to meet the anticipated surge in demand when recreation customers could start ordering across Canada. Bill C-45, which will legalize cannabis across the country, largely leaves it up to the provinces and territories to determine how marijuana can be sold and used. Canada’s Cannabis Act Read the full article…

Canadian Cannabis Companies Seeking Higher Stakes in Australian Market

Stock prices on several Australian companies are beginning to take off, as the reality of Australia as a viable cannabis market for years to come, sets in.

CANADA: As investor excitement continues to climb in Canada over the upcoming legalization of cannabis on July 1, 2018, major Canadian companies are already setting their sights on the next big legal cannabis market-Australia. Big players in the Canadian cannabis space already have started to stake claims “Down Under” where medical cannabis is beginning to take hold.  Notable companies include Aurora Cannabis (TSX: Read the full article…

Diego Pellicer Announces New Premium Marijuana Branding And Retail Prototypes

"We're staying ahead of the curve by developing industry changing scalable and inviting retail environments "

WASHINGTON:  Diego Pellicer Worldwide, Inc. has announced a partnership with architect Michael Rotondi, FAIA, and creative Jill Savini to develop retail prototypes and innovative branding for future store locations. “We’re staying ahead of the curve by developing industry changing scalable and inviting retail environments that will be built to enhance the customer experience, along with a brand that reflects the premium cannabis products Read the full article…

M&A Activity Heats Up In The Cannabis Industry

Marijuana is big business

NEW YORK: Merger and acquisition (M&A) activity in the cannabis industry is heating up, and market analysts point to several important factors contributing to increased activity. Profit is always a central issue, and as the founders of companies established years ago seek attractive exit strategies, new players are considering ways to enter the field in a Read the full article…

Marapharm Is Building A Third Facility In Las Vegas

Marapharm announces third facility in Las Vegas

CANADA: Marapharm Ventures Inc. has announced construction plans for a third building which will be 65,635 square feet on the 7 acre property located in Las Vegas, adjacent to 2 existing cultivation buildings. The ground prep pad is ready to build on, most infrastructure is designed and in place and building plans go for bid in October 2017. Construction will begin Read the full article…

Oregon: Legal Marijuana Economy Generating Millions, Report Says

Marijuana is big business

OREGON: The state’s licensed cannabis industry has created over 12,500 new jobs and is generating over $300 million in annual wages, according to a preliminary economic report provided to the legislature’s House Committee on Economic Development and Trade. The report, authored by Whitney Economics, identified over 900 cannabis-related businesses (as of February 21, 2007), with another 1,225 businesses awaiting licensure. Read the full article…

Pacific Century Holdings Announces $50 Million Real Estate Investment Fund For The Cannabis Industry

PCH invests in real estate fund for WA cannabis industry

WASHINGTON: Pacific Century Holdings Inc., a strategic partner for legalized cannabis operators and investors, today announced the opening of a $50 million real estate investment fund, PCH Fund 1, an investment vehicle capitalizing upon the scarcity of real estate assets for the cannabis industry. The cannabis industry is poised for significant growth but continues to Read the full article…

Cannabis Industry Expects to Become the Next Biggest Market

Who wants to get involved in the legal cannabis business?

NEW YORK: After historical elections earlier this month, other states may be reconsidering their stance on legalization of Cannabis for medical or recreational use. Currently, there are gaps among states concerning cannabis legalization reform and the difficulties for both the government and the businesses involved as 20 percent of Americans can now lawfully use Cannabis. Read the full article…

Spokane City Council Uninterested In Regulating Marijuana Industry Out Of Existence

Stuckart said he wanted to ensure legal marijuana businesses that Spokane would not entertain proposals to regulate them out of existence, including adding buffer zones to churches.

WASHINGTON: There is no desire among a majority of Spokane city officials to further regulate the sale of marijuana downtown absent data showing it is a problem, City Council President Ben Stuckart said. “I believe that this whole thing is based on fear, not truth or data,” Stuckart said, referring to Monday’s story that Mike Fagan and Read the full article…

The Future of Marijuana Policy: MJNN’s Exclusive Q&A With BOTEC’s Mark Kleiman

.  If Democrats get both houses and the presidency, federal prohibition isn’t long for this world. Otherwise, state-by-state will continue.

By David Rheins It’s time for marijuana policy, and marijuana policymakers  in this country to get serious.  Over the past twenty years medical marijuana has grown wild and wide, with a patchwork of 24 different state policies, no two alike.  Adult-use marijuana has been legalized in four states, plus DC, and here too each local market Read the full article…