California’s top cannabis regulatory agency sent shockwaves through the state’s marijuana industry on Monday and Tuesday after it inexplicably revoked the licenses of more than 300 businesses. By Tuesday afternoon, the license suspensions appeared to h…
Marijuana Dispensary & Cannabis Store News
Marijuana firm Planet 13 raises $53.9M in bought deal public offering
Nevada marijuana company Planet 13 Holdings raised 69 million Canadian dollars ($53.9 million) on Tuesday in a bought deal public offering. According to a company news release, the money will be used for “potential acquisitions for purposes of re…
Cannabis delivery platform Lantern on its own after Uber-Drizly deal
Lantern, a cannabis delivery platform that started operations in 2020, will operate as an independent private business in the wake of the sale of sister company Drizly to Uber. San Francisco-based Uber Technologies on Tuesday announced an agreement to …
Cannabis basket-size data highlights differing consumer spending patterns across state markets
While U.S. cannabis markets might appear similar on the surface, each is driven by different consumer spending habits – and it is critical for marijuana manufacturers and retailers to understand these patterns as they develop and sell products fo…
West Virginia awards medical cannabis dispensary licenses, many to MSOs
West Virginia regulators announced the winners of 100 medical marijuana retail licenses in the state, with many going to out-of-state companies.
West Virginia awards medical cannabis dispensary licenses, many to MSOs is a post from: Marijuana Business …
Marijuana businesses can shield against product-liability claims by managing supply chain
Product-liability cases are among the most damaging lawsuits a business can face. Yet many marijuana businesses don’t take this threat as seriously as they should, experts said.
Marijuana businesses can shield against product-liability claims by managi…
CBD producers must avoid health claims while promoting products, feds say
It’s the Wild West out there!” How often have you heard that statement made about health claims for products containing CBD? But here’s the thing: It’s not the Wild West, Lesley Fair, senior attorney with the Federal Trade Commission, noted in a recent…
Outlining your cannabis business plan on paper can avoid partnership disputes later
Partnership disputes—whether between business partners or owners and investors—continue to be an ugly feature of the cannabis industry. Such conflicts can be costly and time-consuming; plus, they can sink a cannabis company. But there are steps compani…
Cannabis companies turning to mainstream marketing tactic to help hype new items
It’s every cannabis executive’s dream: a line that stretches out the door and down the block, full of customers eager to spend money on a new product. Social-media hype. Word-of-mouth buzz. And a cash register that’s about to start smoking from all the…
Violating California’s Prop 65 labeling rules can cost cannabis companies thousands in legal fees
California has a reputation for heavily regulating businesses, and the marijuana industry is no exception. As of Jan. 1, a mandate requires all marijuana products to be labeled with warnings about the health dangers of both marijuana smoke and THC. The…