IL gov signs historic cannabis bill, MA moves on MJ cafes/delivery, new CA vape...
Illinois’ governor makes his state the first to legalize recreational marijuana through its Legislature, Massachusetts moves forward with cannabis cafes and deliveries, California requires a universal symbol on vape pens, the hemp sector makes big inroads – plus...
Chart: Diversification enhances profitability of marijuana product manufacturers
Makers of cannabis products are more likely to turn a profit if they offer merchandise across multiple categories – but that profitability declines if a manufacturer...
Lessons learned by cannabis firms after 5 years of recreational sales in Washington state
Washington state rolled out the world’s second adult-use marijuana market on July 8, 2014, following closely behind Colorado, which began recreational sales at the start of that year.
Over the past five years, Washington state cannabis business owners have...
Ionic Brands buys Zoots cannabis edibles firm for $11 million
Ionic Brands paid $11 million for longtime marijuana edibles maker Natural Extractions, which does business as Zoots Premium Cannabis Infused Edibles.
As part of the stock and cash deal involving two Washington state companies, Zoots’ owners receive $855,000 in cash...
US Congress mulls milestone cannabis bills, on-premise MJ edibles moves in Alaska & more
A milestone U.S. marijuana reform bill is introduced in Congress, experts suggest cannabis banking changes at the federal level remain a long shot, Alaska’s capital city approves an ordinance permitting customers to consume cannabis edibles inside licensed retail establishments...
Dixie Brands reached a licensing deal with Arizona Beverage Co.
Published August 7, 2019
Denver-based Dixie...
Louisiana medical marijuana kickoff, Dixie-Arizona Iced Tea team, NM reciprocity & more
Sales begin in the long-delayed Louisiana medical marijuana market, MJ-infused product brand Dixie signs a licensing deal with Arizona Iced Tea’s parent, a New Mexico judge’s ruling could open MMJ sales to out-of-state patients – and more of...