“According to the website Cannabis Benchmarks, which tracks U.S. wholesale prices, the domestic spot index of wholesale cannabis was at $1,292 per pound at the end of January. Or about $5 per gram.”
New report from BDS / Arcview…….
On March 12, 2018, Aurora took up 21,309,517 CanniMed Shares representing 86.8% of the total outstanding CanniMed Shares on a fully diluted basis which, together with shares purchased in the market prior to the expiry of the Offer by Aurora, represents…
In Sacramento, Republican Assemblyman Tom Lackey and Democratic Assemblyman Rob Bonta proposed a plan Thursday to dial back the state tax rates to encourage buyers to patronize legal shops.
In the face of Oklahoma’s upcoming medical cannabis legalization vote on June 26, the state’s Senate and House of Representatives each passed medical marijuana regulation bills. The measures – Senate Bill 1120 and House Bill 3468 – would respectively restrict MMJ patients to those suffering from “serious” medical conditions and create an MMJ commission to help craft […]
Alcohol companies should be watching their backs. That’s the warning from Torsten Kuenzlen, a former executive for The Coca-Cola Co. and Molson Coors. In his opinion, legal cannabis has an obvious competitive advantage over alcohol products. “All alcohol is consumed only as a liquid. Cannabis meets more consumer needs and motivations in the way that it’s […]
Michigan regulators and police ordered 40 unlicensed medical marijuana businesses to stop operating and are expected to deliver cease-and-desist letters to hundreds more. A spokesman with the Department of Licensing and Regulatory Affairs, the agency behind the shutdowns, didn’t identify the types of businesses targeted or how they were identified, the Detroit Free Press reported. But the […]
Denver-based American Cannabis Company, a B2B consulting and ancillary marijuana products firm, said it signed a distribution deal to sell two cultivation-related products via the online stores for Walmart, The Home Depot and Amazon. American Cannabis Company plans to use the online retail platforms to sell SoHum Living Soils potting mix and Doctor Marijane Root Probiotic, the […]
A cannabis company plans to offer low-dose CBD products at convenience stores, U.S. Attorney General Jeff Sessions says federal attorneys have bigger concerns than “routine” marijuana cases, and an Arkansas judge blocks regulators from issuing MMJ business licenses. Here’s a closer look at some notable developments in the marijuana industry over the past week. Fill […]
Week in Review: CBD in gas stations, AG Sessions hints status quo for cannabis & Arkansas hits MMJ snag is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Saskatchewan’s new business-friendly framework for recreational cannabis sales calls for the establishment of 51 privately owned stores no later than 12 months after legalization. Retail applicants in Saskatchewan must complete a two-part process that will include initial screening and entry into a lottery of qualified applicants. The number of retail sales licenses will be capped at 51 […]