Business
Bangor, Maine City Officials Look to Other Legalized States for Guidance on Marijuana Policy
Though Maine isn’t set to vote on recreational marijuana legalization until November, city officials in the state’s capital want to hit the ground running logistically. Bangor leadership is studying best practices from legalized states around the country to hammer out any restrictions or guidelines that would need to be put in place come November; the […] Thanks to marijuana.com
Maryland Continues to Make Mistakes with Marijuana Legalization
Though Maryland became the 21st state to legalize medical marijuana more than two years ago, patients in the mid-Atlantic state have no lawful way to access their meds. Unfortunately for those in need, it’s not a problem with a speedy solution. Before the issue of distribution can be tackled by opening physical dispensaries, the state […] Thanks to marijuana.com
Oregon on Track to Collect $43.7M in Marijuana Taxes for 2016
The numbers are in from January through the end of July, and so far Oregon has processed $25.5 million in taxes from recreational marijuana sales. Oregon began collecting a 25% tax on all recreational marijuana sales this January 1, 2016. Since then, Oregon recreational sales have raked in an average of $3.6 million each month, […] Thanks to marijuana.com
Real Estate Investors High on Returns in the Cannabis Industry
It has become common knowledge that the cannabis industry has been breeding big profits, but even with a stockpile of cash, finding a landlord that will rent to a marijuana tenant remains difficult. Cannabis businesses have two options concerning the facilities needed to operate — own it or lease it. Institutional financing for the cannabis […] Thanks to marijuana.com
Real Estate Demand Continues to Grow Alongside the Cannabis Industry
Cannabis is fiercely evolving from an illegal, counter-cultural pastime into one of the largest emerging industries in many states. The normalization of cannabis laws is becoming realistic across the United States, spawning a colossal multi-billion dollar industry, and engaging a mass of venture capitalists, entrepreneurs, and individual investors. Cannabis businesses are among a group investments […] Thanks to marijuana.com
Mass Extortion for Hopeful Dispensaries
Massachusetts voters approved the cultivation and sale of medical marijuana for predetermined medical conditions back in 2012, but the state calls itself home to a mere six dispensaries. So where are the rest? Most are still awaiting approval for their licenses. A whopping 174 dispensary applications are currently held up in legal limbo with Massachusetts, […] Thanks to marijuana.com
Employment in the Cannabis Industry at an All-Time High
According to a recent report by CBS News, the job market in the U.S. is seeing a boom in marijuana industry employment. According to Marijuana Business Daily, cannabis companies in America currently employ 100,000 – 150,000 full- and part-time workers. The CBS article cites that if these numbers are accurate, then there are as many […] Thanks to marijuana.com
Cannabis Farmers Markets: Toronto Trend or More?
One of the fantastic side effects of the Allard decision in Vancouver earlier this year is the creation of an experimental cannabis businesses environment that hopes to influence Canada’s marijuana legislation guidelines. One of these experiments seeing success is a farmers market-style event that has been happening in Toronto the last few weeks and continues this […] Thanks to marijuana.com
The New NORML
The National Organization for the Reform of Marijuana Laws (NORML) has just announced that it is looking for an Executive Director to help usher in this new era of continued marijuana legalization. NORML has been in existence since 1970, and they have been an incredible ally for the marijuana community. They were fighting for weed […] Thanks to marijuana.com
Berkeley, CA on the Verge of Increasing Dispensary Lineup By 50%
The City Council of Berkeley, California has been discussing the expansion of the city’s dispensary offering from four to six storefronts for years — 2013 by our records. Last night, the city that borders Oakland and the eastern shore of San Francisco Bay got one step closer to raising their pot shop count by 50%. […] Thanks to marijuana.com