Florida-based marijuana inventory tracking firm Metrc lost an appeal in Missouri over whether the company was contractually allowed to charge licensed medical cannabis businesses extra money for state-mandated plant tags. The court loss, according to L…
Ancillary Marijuana Companies News
These four states could legalize medical marijuana through legislation in 2021
Four red states – Alabama, Kansas, Kentucky and South Carolina – could legalize medical marijuana through their legislatures this year, and, if successful, they could generate hundreds of millions of dollars in business opportunities across…
Metrc sees new seed-to-sale tracking markets, welcomes cannabis industry’s ‘constructive criticism’
With five states voting in favor of new marijuana markets last month, Metrc sees fresh opportunities to extend its dominance in the seed-to-sale tracking business by winning new government contracts. The Florida-based company also acknowledged its trac…
Grow-your-own cannabis businesses in Canada enjoy record sales, too
Wednesday, Nov. 11, will be all things Canadian cannabis at MJBizCon’s Passholder Days. Topics range from the role of small producers to global opportunities for Canadian companies, among others. More information is available here. Cannabis stores and …
Global small-scale cannabis cultivation survey could offer business insights
An international survey aims to uncover new information about small-scale cannabis cultivation around the world, and the research team’s findings could provide valuable information for both commercial marijuana producers and businesses that serve…
As new cannabis vending machines hit the market, challenges remain
A new cannabis vending machine has hit the market in Colorado, with other states on the horizon, but the automated dispensers must overcome a host of challenges to become a regular part of the marijuana retail landscape. In theory, in-dispensary vendin…
Tobacco firm spends $15 million to bring L.A. marijuana line to THC-free markets
A Kentucky tobacco company is investing $15 million in a Los Angeles marijuana vape company that plans to expand its footprint by building out a line of THC-free CBD products.
Tobacco firm spends $15 million to bring L.A. marijuana line to THC-free mar…
New $102 million equity fund targets ancillary cannabis businesses
Pennsylvania-based Intrinsic Capital Partners said it raised $102 million in a fund that will invest in science and technology businesses focused on the legal marijuana and hemp industries. “We believe this is . . . a rare opportunity to invest in a sp…
Here’s how to get the best ROI in potential new cannabis markets
Would-be entrepreneurs might be eyeballing the marijuana industry in markets poised to launch based on results of the No. 3 election.
But what entry points provide the best return on investment?
Here’s how to get the best ROI in potential new can…
Marijuana packaging challenge: Create childproof designs that seniors can open
(This story appears in the October issue of Marijuana Business Magazine.) It’s tricky to develop attractive cannabis packaging that will keep children from opening it while still enabling seniors seeking relief to access what’s inside. Many states that…