Legal Cannabis Sales Proving to Stay Popular

Marijuana is big business

NEW YORK:  Sales of legal cannabis products are projected to top $20.2 billion by 2021 in North American alone at a compound annual growth rate of 25%, according to a report by Arcview Market Research.  “The only consumer industry categories I’ve seen reach $5 billion in annual spending and then post anything like 25% compound annual growth in the Read the full article…

Kirke LLC/Metro Denver Telluride Health Center LLC Voluntarily Recalls Medical Marijuana Due to Pesticide Residues

more pesticide recalls in Colorado

COLORADO: A Denver marijuana cultivation business Kirke LLC/Metro Denver Telluride Health Center LLC, doing business as The Hemp Center Colorado Springs and The Hemp Center, is voluntarily recalling all medical marijuana due to the presence of potentially unsafe pesticide residues. Samples of marijuana tested during a (DEH) investigation contained residual levels of Avermectin, Bifenazate, Imidacloprid and Myclobutanil, Read the full article…

Tokyo Smoke Partners With Aphria To Launch Medical Cannabis

The four strains will launch as a part of a kit ($250), featuring unique Tokyo Smoke packaging, five grams of each strain along with custom crafted black glass jars and special welcome accessories.

CANADA: Tokyo Smoke introduces four medical cannabis strains in collaboration with Aphria, one of Canada’s largest licensed producers of medical marijuana. This is the first time a Canadian consumer brand will partner with a Licensed Producer to launch medical cannabis in Canada, an inaugural event for the lifestyle brand, as well as the Canadian marketplace. Grown and distributed Read the full article…

Can Marijuana Legalization Help Grow The US Economy?

Can weed fix the US Economy?

By John Levy While many marijuana dispensaries claim to not be raking in much profit, the same cannot be said for their state.  With medical marijuana becoming a growing business, the biggest advantage has been the kick back.  How does marijuana legalization help to grow the US economy?  It has little to do with the Read the full article…

State Tax Revenues Benefit From Legalized Cannabis Market

Marijuana is big business

NEW YORK:  The legal cannabis market is expected to generate more tax revenue for states in the U.S, according to a report from New Frontier Data. The U.S. cannabis market could generate $2.3 billion in state tax revenue from retail sales by 2020. The projection is based on the assumption for projected growth in all states currently legal Read the full article…

A Letter From MassRoots Chairman About Merger With Odava

Screenshot 2017-07-10 16.45.30

NEW YORK: MassRoots, one of the leading technology platforms for the cannabis industry, has released the following update from its Chairman and CEO Isaac Dietrich concerning its planned merger with Odava. Dear MassRoots Shareholders, Last week, MassRoots entered into an agreement and plan of merger with Odava, Inc., a leading compliance and point-of-sale system for cannabis-related Read the full article…

Registration Open For WSLCB Research License Education Events

I-502 applicants at WSLCB Workshop in Seattle,WA.

WASHINGTON:  Interested parties who would like to participate in the upcoming Research License education events will need to register in advance to ensure that there is enough space for everyone to attend. Space is limited to 75 participants at each event. There will also be a livestream of the Shoreline event via Periscope for those who 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…

The Shark Tank of Cannabis is Searching for the Industry’s Next Marijuana Millionaires

Post card of the Marijuana Show Casting Call (PRNewsfoto/The Marijuana Show)

NEW YORK: The Marijuana Show, Amazon’s TV Series, dubbed the “Shark Tank” of cannabis, has partnered with the Cannabis World Congress & Business Expositions (CWCB Expo). Aspiring cannabusiness’ have an opportunity to pitch their ideas to the show’s producers on stage, “Shark Tank” style this Thursday and Friday at the Javits Center. Hopeful Ganjapreneurs will Read the full article…

UPDATE: Franwell Bows Out As Vendor for WA Marijuana Traceability System

WSLCB selects METRC

UPDATE: Franwell and METRC Withdrawal Proposal; MJ Freeway Is Washington’s New Marijuana Traceability Software