US Bank Splits With WSLCB; Will No Longer Accept Washington Marijuana Excise Tax Payments

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WASHINGTON:  As of October 1, 2016 the Washington State Liquor and Cannabis Board (WSLCB) will be switching financial institutions for marijuana excise tax payments which will have an impact on those licensees using EPay. After the switch the current vendor will no longer be supporting the site, those licensees who have a login with the Read the full article…

Golden Leaf Holdings Announces Preliminary Results for July 2016

BMF’s July 2016 unaudited and estimated revenue in Washington State was US$728,665, a month-over-month increase of 35% from June 2016’s revenue of US$537,880.

 Oregon and Washington State Brands Report 15% Combined Monthly Sales Growth WASHINGTON: Golden Leaf Holdings, a leading cannabis oil solutions company built around recognized brands, today announced preliminary revenue results for July 2016 for the respective brands of the Company in Oregon and strategic partner, BMF Washington.  Oregon and Washington State Brand Revenue Update  Preliminary 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…

New Hampshire Senate Candidate Roger Tilton Visits MJBA HQ

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WASHINGTON: New Hampshire Senate Candidate Roger Tilton, who first came to national prominence for including a marijuana leaf on campaign posters for his bid for New Hampshire State Senate in 2012, stopped MJBA HQ in Seattle last week to speak with MJ News Network’s David Rheins. The pro-cannabis politician is back on the campaign trail — and still flying his cannabis Read the full article…

Golden Leaf Holdings Announces Q2 2016 and June 2016 Preliminary Results For Oregon And Washington State Brands

Preliminary results show that GLH generated US$3,011,000 in estimated and unaudited revenue for Q2 2016 as compared to unaudited revenue of US$2,476,688 for Q1 2016, representing a quarter over quarter increase of 21.5%.

OREGON: Golden Leaf Holdings Ltd. (“GLH” or the “Company”) (CSE: GLH), a leading cannabis oil solutions company built around recognized brands, today announced preliminary revenue results for Q2 2016 and June 2016 for the respective brands of the company in Oregon and strategic partner BMF Washington. GLH Oregon Revenue Overview Preliminary results show that GLH generated US$3,011,000 Read the full article…

The Clinch On Cannabis: Immature Industries Eventually Grow-Up

There are many academic sources available, but what differentiates this report from others is that this author is able to combine economic rigor with direct industry experience.

By Beau Whitney, Whitney Economics The cannabis industry is still taking shape. Legislative and regulatory policies can have a profound impact on the direction the movement takes. There are many academic sources available, but what differentiates this report from others is that this author is able to combine economic rigor with direct industry experience.  The author Read the full article…

Washington Medical Marijuana After July 1

Black-market marijuana will be cheaper than legal medical cannabis, when state-regulated retail shops open later this year.

By Aaron Pelley and Anne van Leynseele Many clients and potential clients have been asking NWMJLaw about the changes coming to Washington State’s medical marijuana system when the new laws take effect on July 1, 2016. Specifically, we have been asked how the collective garden statute being repealed will affect patients and Farmers’ Markets. Farmers’ Markets Read the full article…

How Many Legal Marijuana States Are There, Really? Radical Russ Shows Us

25 legal states sorta infograph

We like to keep count in the cannabis community.  We like to gather in groups and exchange the latest market statistics, popular opinion poll or ballot results.  One of the most basic statistics is legality, so you’d think we had a handle on that one.  Just how many “legal marijuana states” are there? As Bill Clinton Read the full article…

How Close Is Too Close? Tacoma City Council Fine Tunes Cannabis Retail Policy

"there are two things we know for sure:  There is a strong demand for this product and that it is lucrative."

By Aaron Ball WASHINGTON:  The Tacoma City council formed a study group this week to discuss how best to proceed with ending the moratorium on Legal Cannabis Retail stores within the city limits.  After considering the testimony of Tacoma residents at the public hearing on April 26, 2016, Tacoma Planning and Development Services manager Brian Boudet presented Read the full article…

Washington Industrial Hemp Bill Starts Process Of Creating State Program

Hemp Ace's Joy Beckerman explains the new Hemp law to MJBA members.

WASHINGTON: The Washington State Department of Agriculture (WSDA) is preparing to create an industrial hemp research licensing program now that legislation has been approved allowing a research program for industrial hemp. The bill, ESSB 6206, directs WSDA to design a program to license researchers and certify industrial hemp seed. This process is expected to take some time. Licenses for Read the full article…