Colorado Pot Shops Banned From Advertising

COLORADO:  The legalization of recreational pot in Colorado means big business, and with big business comes cutthroat competition and the desperate need for cost effective advertising. However, many marijuana marketers are finding out that their advertising dollars are worthless in the commercial world, as many new media outlets simply will not allow businesses dealing in cannabis to promote their products online.

Even though legitimate marijuana commerce has reportedly generated a million dollars a day since opening for business at the beginning of this year, digital media monsters like Google and Twitter are so far refusing to capitalize on and support this newfound industry by allowing weed merchants to purchase sponsored ad searches or post tweets.

Advertising experts say that until the entire industry has a reasonable level of clarity in regards to the regulations surrounding marijuana marketing, “potrepreneurs,” are on their own. But once the rules of the game are clear, the public can expect to witness the first wave of mainstream marijuana marketing, featuring celebrities “known for their open marijuana views like Woody Harrelson,” said Jarrod Moses, CEO of United Entertainment Group, in a recent article in AdWeek.

Updated County Count: 1,326 Applications Submitted For Marijuana Licenses In Washington

WASHINGTON: The latest number of applications submitted to grow, produce products from and sell marijuana in Washington has jumped to 1,326, up from 585 just two weeks ago.

As we said before, competition in the new legal marijuana market established by I-502 and the Liquor Control Board looks to be rather robust.

Not all of the applications will be good ones. Many were submitted by the same business/person. Some cities and counties have moratoriums or outright bans on marijuana businesses. But the liquor board has said it will issue licenses even for areas of the state that don’t want pot businesses. Those cities and counties will likely face lawsuits for attempting to ban businesses permitted by state law. [Read more…]

Window To Apply For WA Recreational Marijuana Business Licenses Opens Nov. 18

WASHINGTON: Washington businesses and individuals may start applying for recreational marijuana business licenses at 8 a.m. on Nov. 18. Applications will be accepted until 5 p.m. Thursday, Dec. 19, 2013. All complete business license applications filed at any point in this window will be considered.

There are three ways to apply: [Read more…]