Month: December 2019

Illinois’ new adult-use marijuana market to attract fierce competition

The start of the new year will launch a flurry of activity for Illinois’ recreational cannabis industry, a sizable new market that will unleash stiff competition for business licenses and could eventually reach $2.5 billion in annual sales. On Jan. 1, recreational sales will begin through existing medical marijuana dispensaries in the state. The next […]

How CBD entered the World of Mixed Martial Arts

Roman Mironenko’s story as a professional mixed martial artist is a familiar one. After some career-high points, including a stint on the Russian reality show Mixfighter, he retired to train and teach Brazilian jiu-jitsu (BJJ) in Marseille, France. But due to the intense pain from a disc herniation from his competing days, his training was […]

Cannabis payment provider allegedly owes millions to dispensaries

Linx Card, which touts itself as a “primary provider” of debit merchant services to marijuana retail stores, has faced a flurry of lawsuits in recent months from cannabis businesses that allege the California firm owes them millions of dollars. Linx includes a platform where customers can load up Linx “gift” or debit cards at a […]

Pre-Christmas week marijuana product sales increase up to 53%

‘Tis the season for increased holiday spending – and that includes outlays on recreational cannabis products, which saw average category sales increases of more than 50% in 2018 on items designated for both gift-giving and personal consumption. Data from Seattle-based cannabis analytics firm Headset shows that sales in the pre-Christmas week (Dec. 18-Dec. 24) in 2018 […]

How tech is helping consumer confidence with cannabis vapes

The worst days of the vaping crisis are likely behind the state-legal marijuana industry, but many MJ firms are turning to technology to help further boost cannabis vape consumer confidence as well as deal with the dip in sales that followed the health scare. Examples of tech-based solutions available to cannabis companies include: Providing certificates of analysis (COA), […]

Q&A with Pelopidas Kalliris of Ministry of Development and Investment

Greece is one of a half-dozen European countries hoping to cash in on medical cannabis exports. The country is also developing rules for domestic patients to access medical marijuana. Because Greece was among the first countries to allow medical cannabis cultivation in Europe, it already has attracted more than 100 companies in the application process seeking […]

Cannabis banking hits snag, recreational MJ goes to New Jersey voters, merger falls through

The head of a U.S. Senate banking panel signals marijuana banking reform could take longer than the cannabis industry hoped, legislators in New Jersey agree to put recreational marijuana legalization in front of voters in 2020, another cannabis business merger hits the skids – and more of the week’s top MJ business news. Key US […]

A Guide to a Guaranteed Method of Cannabinoid Delivery

From tinctures to edibles to capsules, oils, vape cartridges, and even flower, cannabidiol (CBD) products come in a dizzying array of forms, each with individual consumption methods. So you’d be forgiven for thinking CBD patches are just another item on the list. But they’re unique. Below, we’ll explain why CBD patches offer benefits other CBD […]