3 Surprising Industries That Would Benefit if Marijuana Was Legalized

U.S. marijuana industry right now is likely generating around $1.5 billion to $2 billion in annual sales, inclusive of medical and recreational marijuana, but could still have growth potential of around 2,000% based on those aforementioned estimates.

When it comes to fast-growing industries, there may be none with better growth prospects than marijuana. Based on some estimates, legalizing marijuana across the country could lead to a $35 billion market. Separately, NerdWallet has suggested that legalizing marijuana would generate around $3.1 billion in annual tax revenue for states and potentially the federal government. Where are Read the full article…

Weighing Enforcement And Black Market, City Introduces Marijuana Tax

TThough it’s still several steps away, Assembly members are proposing to eventually tax marijuana retail sales at five percent.

ALASKA: The Anchorage Assembly is introducing a measure to tax marijuana when sales become legal in the year ahead. The proposal hinges, however, on voter approval in April. Though it’s still several steps away, Assembly members are proposing to eventually tax marijuana retail sales at five percent. Ernie Hall chairs the committee that’s been looking at Read the full article…

Investment Firm That Specializes In Marijuana Businesses Opens Local Office

"We are fortunate to be an early entrant in the legal cannabis capital markets, which allows us to seek and fund the best proven companies in the cannabis space," said Kevin Gillespie of First Harvest Financial, in a statement.

ILLINOIS: A private equity fund management firm that specializes in investments in marijuana-related businesses is opening a Chicago office. First Harvest Financial said it’s opening an office at the Chicago Board of Trade Building, 141 West Jackson Blvd., to fund companies in the medical cannabis market. “We are fortunate to be an early entrant in the Read the full article…

Ensuring The Safety Of Marijuana Edibles

even though you’re clearly turning out pretzels, assorted cookies, glazed pecans, chili lime peanuts, cheese biscuits, caramel corn, and fudge brownies for retail sales, your manufacturing facilities and products are not subject to any state or federal food laws, regulations, or inspections. Not for now, anyway.

Imagine being informed by your local city health department that you are not allowed to include a nutrition facts label on the popular products you make and sell for human consumption. Julianna Carella faced that very problem relative to gourmet snack items she produces at her Oakland, Calif.-based business, Auntie Dolores Kitchen. “In 2010 the San Francisco Department Read the full article…

Colorado’s Brian Vicente: What’s Next For The Silicon Valley Of Marijuana?

MJBADenverMeetup

COLORADO: By any metric, 2014 was a monumental year for the legalization of cannabis. Colorado became the first state in the U.S. to allow recreational use and the overwhelmingly positive impact on the state’s economy, school funding, and crime rates helped to spark the nationwide domino effect we’re seeing today as more and more states Read the full article…

Women Leaders in Cannabis finds group to take Thanksgiving donations

When WLC said they wanted to donate food baskets, Autism Rocks was excited to receive them.

OREGON:  A nonprofit trade organization based on philanthropy has reached out to help during the holiday – but had the offer turned down. The group, “Women Leaders in Cannabis,” says it’s been denied several times. The Eugene office of the Oregon Department of Human Services and two charities said “no” when the group wanted to donate turkey Read the full article…

Trimmigrants Flock To California To Process Marijuana

New York State: Legal Cannabis Market Would Yield $434 Million Annually

CALIFORNIA: Except for traffic passing through on Highway 101, this northern Mendocino County city is relatively quiet much of the year. But for three months in the fall, it gets an influx of world travelers lured by marijuana-trimming jobs, temporarily swelling the town’s population of under 5,000 and instilling it with an international flavor. They’re called Read the full article…

Growing Sustainable Profits With Cannabis

Sustainable growing can reduce costs in the long-term and 

short-term, grow the kindest quality product, and sustain and preserve health in our own living 

environment. It benefits the growers, the consumers, and pretty much everyone else.

Dr. Richard Freeman, Ph.D. We’re hearing the word “sustainable” a lot these days. It’s coming from activists and journalists, from politicians and the marketing agents, writers, anyone in public life. I hear it talking with friends. Sustainable agriculture, sustainable development, and sustainable living – I certainly use the word, myself. So, when I use the Read the full article…

Washington’s Upward Cannabis Sales Trend May End This Month

Stores in Southwest Washington have been heavily dependent on Portland customers, who have been opting to buy their cannabis in Oregon rather than crossing the border.

By Sue VorenbergCannabis Daily Record WASHINGTON:  The steady month by month growth of Washington state’s recreational cannabis sales may come to an end in October. The state has seen a steady uptick each month since sales began in July, 2014. But with five days to go in October and lagging sales in Southwest Washington after Read the full article…

OLCC Adopts Temporary Rules For Retail Marijuana Sales

OLCC

OREGON:  The Oregon Liquor Control Commission voted to accept temporary rules that will govern Oregon’s retail marijuana system once it’s fully operational next year. The rules would limit the size of growing operations and prohibit medical and recreational stores under one roof. The on-site use of marijuana would be prohibited, and delivery of pot would face stiff Read the full article…