As far as Chris Jones is concerned, sometimes you have to go small to make it big. The veteran marijuana retail operator is wagering that small, convenience-style locations are the key to sustainable retail profitability in Ontario, the largest recreat…
Recreational Marijuana News
Provincial windfall from Ontario Cannabis Store seen rising to CA$170 million
Ontario’s monopoly cannabis wholesaler and online retailer, the Ontario Cannabis Store (OCS), is forecasted to contribute 170 million Canadian dollars ($135 million) to provincial coffers for the 2021-2022 fiscal year, according to Ontario’…
California gov appoints cannabis industry ally as state’s attorney general
The California cannabis industry is rejoicing over Gov. Gavin Newsom’s choice of Assemblyman Rob Bonta as state attorney general. “Bonta has tackled some of the major cannabis issues in the state, advocating for workers, patients and cannab…
Advocacy group for Hispanic marijuana entrepreneurs launches
The marijuana advocacy world just got another player: The National Hispanic Cannabis Council. The organization launched Thursday. According to a news release, the Denver-based group will be run by “Hispanic business leaders, legal professionals a…
New Jersey picks Black male for cannabis panel after NAACP pushback
New Jersey’s commission to regulate recreational marijuana received its first Black male member after the NAACP raised concerns about the panel’s makeup. New Jersey Gov. Phil Murphy on Wednesday appointed Charles Barker, who is Black, to th…
Marijuana foes seek to impose THC potency caps to curb industry’s growth
Marijuana opponents, frustrated by the growing number of legalization victories across the U.S., are increasingly trying to rein in the industry by proposing state-level caps on THC potency. The push involves at least six bills introduced in four state…
US marijuana reform a ‘tall order’ for Congress, new MJ coalition chief says
The executive director of a newly formed alliance of business interests dedicated to influencing marijuana regulations believes full federal legalization remains years away and that it will be a “tall order” for the current Congress to get …
Pair convicted in bank fraud case related to cannabis transactions
Two businessmen indicted in 2020 for defrauding merchant banks on behalf of California cannabis delivery company Eaze have been convicted by a Manhattan jury. According to Law360, Hamid Akhavan and Ruben Weigand were found guilty of conspiracy to commi…
Fertilizing and amending soil on outdoor marijuana and hemp farms
Crop nutrition is crucial to a successful start for marijuana and hemp farms, and depending on the cultivator’s location and preferred style of growing, there are several factors to consider.
Fertilizing and amending soil on outdoor marijuana and hemp …
Marijuana real estate merger creates firm worth $435 million in assets, cash
Chicago-based NewLake Capital Partners and GreenAcreage Real Estate, a real estate investment trust (REIT) in New York have announced the closing of a merger that creates a massive cannabis real estate company.
Marijuana real estate merger creates firm…