Category: Business

California Cannabis Breaches, Lawsuits and Shake-Ups, Oh My

Even though they’re currently deemed “essential“, California cannabis businesses were already struggling financially before the onset of COVID-19. Increasing competition from unregulated, un-taxed, illegal actors combined with high local and state taxes combined with costly and competitive local barriers to entry were all leading to delayed opening timelines, shorted budgets, terrible margins, and increasing failures […]

California’s Illegal Cannabis Industry Three Times Bigger Than Regulated Market

It has been nearly three years since California voters overwhelmingly approved a measure legalizing recreational marijuana use, opening the door for boutique pot shops and cannabis bakeries. But a report this week found that the state’s illicit market is still plenty active in its own right. In fact, according to a report released Wednesday by […]

CanEx Jamaica To Explore Emerging Markets In The Cannabis Space

Cannabis industry professionals from around the world will focus on the evolving market for legal marijuana when CanEx Jamaica Business Conference and Expo 2019 comes ashore at Montego Bay on September 26 through 28. Billed as the premier business-to-business conference in Latin America and the Caribbean, CanEx Jamaica brings together professionals working in the industry […]

Florida Man Arrested For Allegedly Stealing Electricity For Cannabis Grow House

Growing marijuana is a relatively labor- and resource-intensive project. That’s especially true of indoor growing efforts. Along with the physical space needed to cultivate cannabis plants indoors, growers also need a lot of water and nutrients to keep the plants healthy. Similarly, growers also use large amounts of electricity. Typically, they need power to run […]

Residents in Michigan Cities to Receive Incentives to Enter Cannabis Industry

Residents of 19 Michigan cities are gearing up to take part in the state’s cannabis social justice program. The business licensing discount system is designed to prioritize entrepreneurs in the new industry who are longtime residents of economically underprivileged areas, who have been adversely affected by the war on drugs, and who have a demonstrated […]

California Cities Seeing Cannabis Industry Workers Unionizing

Northern California’s South Bay now has its first cannabis union. Representatives from the United Food and Commercial Workers (UFCW) announced on Friday at San Jose City Hall that workers at the town’s MedMen dispensary location would organize. Employees at the dispensary will enjoy wages that come in at $3 above Californian minimum wage, two weeks […]

High Times Teams Up With APCO MED For Oklahoma Cannabis Cup

High Times announced on Monday that it is teaming up with cannabis dispensary and meditation lounge APCO MED for the upcoming Oklahoma Cannabis Cup. The pot culture festival and competition to honor Oklahoma’s best cannabis products will take place on August 24 and 25 at the Lost Lakes Amphitheater in Oklahoma City. The medicinal use […]

JP Morgan Chase Ship Busted: Cocaine, Banks and the Failed Drug War

A ship seized by the U.S. Customs and Border Protection Agency in June carrying over 15,000 kilos of cocaine has now been tied to JP Morgan Chase’s asset management unit. Officially the company does not exercise any operational control of the vessel, but some serious questions are raised when such large scale transport is used […]

Arkansas Group to File Ballot Petitions to Legalize Recreational Cannabis

A group in Arkansas will take an early but meaningful step this week toward ultimately making recreational marijuana use legal in the state.  The Drug Policy Education Group, a nonprofit based in Arkansas, said it plans to file a pair of ballot petitions with the secretary of state on Wednesday with the intention of getting […]

Historic Pennsylvania Firehouse to Become Medical Marijuana Dispensary

A historic firehouse in Pennsylvania will soon become a medical marijuana dispensary, scheduled to open in Harrisburg on June 18 as Harvest of South Central PA. The new medicinal marijuana retailer is a part of Harvest Health and Recreation, a vertically integrated cannabis firm based in Tempe, Arizona. The new dispensary location is the former […]