Cannabis World Congress & Business Exposition Coming To Boston Oct 4-6

CWCBExpo Boston Coming in October

NEW JERSEY: Massachusetts and Maine are the first states on the East Coast to legalize recreational marijuana creating a growing market for cultivation, manufacturing and retail.  Cannabis World Congress & Business Exposition is expanding its footprint t in the Northeast with CWCBExpo Boston, October 4-6, 2017, at the Hynes Convention Center. The show will be produced Read the full article…

Washington State Liquor & Cannabis Board: Lab and Quality Assurance Rules Update

Washington_State_Liquor_Control_Board_Logo

WASHINGTON: The Washington State Liquor & Cannabis Board (WSLCB) has released the following Lab and Quality Assurance Rules Update: Effective Date We have received several inquiries on whether the new requirements proposed in the Lab and Quality Assurance rule-making would be going into effect on February 26, 2017. Due to the volume of public comments Read the full article…

“Not for Kids” Deadline Approaches For Washington Edibles

The “Not for Kids” warning symbol will be required to be placed on all packages of marijuana products meant to be eaten or swallowed effective February 14, 2017. The Board recognizes that changing packaging requires time which is why the effective date has been pushed out to mid-February, enforcement of the new requirement will commence at the same time.

WASHINGTON: The “Not for Kids” warning symbol will be required to be placed on all packages of marijuana products meant to be eaten or swallowed effective February 14, 2017. The Board recognizes that changing packaging requires time which is why the effective date was extended to 90 days after adoption in mid-February; enforcement of the new requirement Read the full article…

GrowGeneration Officially Opens 11th Store In Las Vegas

GrowGen opens 11th store in LV

NEVADA: GrowGeneration, one of the largest specialty retail hydroponic and organic gardening store chains selling to both the commercial and home cannabis markets, announced the opening of its 11th store in Las Vegas on January 17th. GrowGen separately announced that it is one of 11 companies recently added to MJIC’s Marijuana Index. GrowGen’s 11th store, located at 5885 Read the full article…

Consumers Spend $53.3B On Legal, Medical & Illicit Marijuana Sales In North America

medical marijuana

CALIFORNIA: Arcview Market Research, a leading publisher of cannabis market research, released its first ever estimate of the entire North American cannabis market, including legal, medical and illicit marijuana sales. The 5th edition of the State of Legal Marijuana Markets Report estimates consumers spent $53.3 billion on cannabis in 2016 across all markets. This first of its kind Read the full article…

Mounting Support for Marijuana Banking Has Widespread Implications

MONEY AND MARIJUANA

DISTRICT OF COLUMBIA: Although 28 states have already legalized marijuana for medicinal or recreational use, the U.S. Drug Enforcement Administration (DEA) continues to label marijuana a Schedule 1 substance, along with heroin and LSD, making it illegal on a federal level. As a result, the banking industry has been slow to provide services to marijuana Read the full article…

Higher Leaf To Open 2nd Pot Shop in Bellevue WA

Molly Honig, Higher Leaf owner

WASHINGTON: Washington cannabis licensee Higher Leaf  has announced it will open its second recreational marijuana store in Bellevue, WA  in early 2017. Construction on the new site has been underway since the fall and final inspections by the Washington State Liquor Control Board and the City of Bellevue will occur within the next few weeks. Read the full article…

2017 Legal Cannabis Market Developments

Legal cannabis hit $6.4B in 2017

NEW YORK: The future of the legal cannabis market depends on a variety of factors. Politically, some have expressed concerns regarding the incoming elected administration, others feel more optimistic after nine states have voted this election cycle. The results overwhelmingly came in favor of legalization of cannabis for medical and recreational use. Economically, the industry has Read the full article…

Recent Recreational And Legal Marijuana Expansions Boost Cannabis Related Travel Experiences

One of the fastest growing sectors in leisure travel appears to be the legal cannabis industry

FLORIDA: Cannabis companies are capitalizing on the overwhelming growth and demand throughout the industry, creating unique services and products that are producing significant revenue streams. One of the fastest growing sectors in leisure travel appears to be the legal cannabis industry that targets individuals who want to learn more about potential investment opportunities in the cannabis Read the full article…

The Cannabis Market Enters 2017 On A Strong Footing

2017 will be a big year for marijuana

NEW YORK: Over the recent few years, particularly in 2016, the legal cannabis industry has accomplished some significant milestones. Most importantly is the change of public opinion regarding the use of cannabis, both for medical and recreational purposes. Before the November 8th elections where five states voted on legislation reform, a Gallup poll showed that 60% of Read the full article…