Category: Business

Setting Up a Medical Marijuana Dispensary

Opening a business is easy. You just need money to start it, the perfect location, and the right business of course, and there you have it. However, opening a medical marijuana dispensary is not your usual business talk since we are dealing with illegal drugs here – well not really in the 14 states that […]

Paying Cannabis Workers Equally Under the Oregon Equal Pay Act: Part 2

In 2017 Oregon passed sweeping Equal Pay Legislation. Towards the end of August, Oregon Bureau of Labor and Industries (BOLI) issued draft rules implementing the Oregon Equal Pay Act. This series of post is exploring those new rules and how they will affect cannabis businesses. In my last post, I unpacked the definition of “compensation” […]

California’s Proposed Modified Cannabis Regulations Could Prohibit Intellectual Property Licensing (!)

Get your comments in by Nov. 5 and help us fix this. On Friday, the California Bureau of Cannabis Control, California Department of Public Health, and California Department of Food and Agriculture issued 15-day notices of modification to the texts of their respective proposed regulations. The California Cannabis Portal has published links to each notice […]

Biotech Company Raises $10 Million for Cannabis Research Project

Front Range Biosciences, an agricultural biotech company based in Lafayette, Colorado, has raised $10 million to finance a cannabis and hemp research and development program. The investments constitute the largest round of fundraising by a U.S. cannabis biotech company to date, according to a release from the company. High Tech Propagation Dr. Jonathan Vaught, the CEO […]

Six Things to Know Before Opening a Dispensary

The idea of owning and operating a dispensary is often romanticized. In fact, it’s perceived as a relatively simple, sure-fire way to make money. But legalization’s proven the opposite to be true. Opening a dispensary is a grueling, expensive, multi-step process that’s easy to botch. The legal hurdles of running a cannabis business are so intricate […]

How Trump Is Making You Pay More For Cannabis

The report also found that the most expensive place to buy pot is in San Francisco, where it costs $43.80 for an eighth of an ounce while the cheapest place to do so is in Vancouver, Canada where it costs just $27.10. Read more: cannabis.net

California Cannabis: New Law Allows Municipalities to Fine Landlords Without Notice

AB 2164 may create surprises for cannabis landlords. Prior to the enactment of AB 2164, California law required cities and counties to grant a person responsible for a continuing municipal code violation a reasonable time to remedy the violation before the city or county could impose fines or penalties when that violation pertained to building, plumbing, […]

A $10 billion marijuana producer just spun off its venture arm in the hopes it will become the ‘Google Ventures of cannabis’ (RIV)

Blair Gable/Reuters   Canopy Growth, a $10 billion Canadian marijuana firm, is spinning off its venture-capital arm, which began trading at $18.44 per share Thursday morning Canopy Rivers makes minority investments in burgeoning marijuana companies as part of its goal to become the ‘Google Ventures of cannabis.’ Watch Canopy Growth trade in real time here. […]

First Medical Cannabis Dispensary Set to Open in Brooklyn By End of Year

The borough of Brooklyn in New York City is slated to get its first medical marijuana dispensary by the end of this year, according to a release from cannabis company Citiva Medical. The firm is one of ten medicinal cannabis providers licensed by the state of New York. Amy Holdener, the director of marketing and […]

Massachusetts Credit Union to Provide Banking Services for Cannabis Companies

Massachusetts’ retail cannabis market is perhaps a week or two away. For Massachusetts’ cannabis consumers and business owners, the official start of retail sales has been a long time coming. For regulators and law enforcement, however, several major concerns remain unsettled. Chief among them is the well-known and oft-cited “cash problem,” the lack of access […]