New Mexico adult-use marijuana bill might face long odds in final stretch

Published March 14, 2019 Legislation that would legalize recreational cannabis in New Mexico but under a mostly government-run retail structure faces an uphill climb. Although the House passed the measure, a key New Mexico Senate chair told the Santa Fe Reporter it’s unlikely the bill will be considered in his committee before the legislative session ends […]

California marijuana business licenses expiring at a rapid clip

California’s cannabis industry is facing a licensing quandary, which state legislation likely will address, but the situation could still prove problematic for businesses that want to comply with the law instead of joining the illicit market. The problem: Thousands of temporary business licenses – under which most of the legal MJ supply chain has operated since […]

Marijuana firm Tilray taps ex-Goldman Sachs managing director

Published March 13, 2019 Canadian marijuana cultivator Tilray said it is hiring former Goldman Sachs Managing Director Andrew Pucher as chief corporate development officer. Pucher – the latest Wall Street executive to enter the marijuana industry – most recently covered cannabis stocks for Goldman as part of his role as managing director and head of Canadian […]

What We Know So Far About Mixing Marijuana with Prescription Medications

As research continues to grow about the benefits and usage of cannabis in treating an array of ailments, questions continue to arise into how it interacts with over-the-counter medications and prescription drugs. For all the potentially curative properties of cannabis, there are risks when users who are on other medications start mixing and matching. In […]

Want to expand your cannabis firm’s reach? Try age-specific advertising, marketing

Published February 21, 2019 | By Joey Peña (This is an abridged version of a story that appears in the February issue of Marijuana Business Magazine.) Millennials might be a marijuana business’ bread and butter. But more and more adults who are middle-aged or older are starting to turn to cannabis for medical or adult use […]

Connecticut’s Democratic lawmakers push to legalize adult-use marijuana

Published March 14, 2019 Several House Democrats in Connecticut on Thursday unveiled draft legislation to legalize adult-use marijuana under a tightly-controlled framework, becoming the latest Eastern state to push for recreational legalization. Businesses wouldn’t be able to get licenses to both cultivate and sell, according to New Haven TV station WTNH, and taxes would total […]

Retail marijuana sales spiked on Valentine’s Day with edibles popular

Valentine’s Day isn’t just an opportunity to express love, it’s also an opportunity to spend – a trend that is reflected in retail marijuana expenditures in several adult-use markets. The National Retail Federation (NRF) estimated that total 2019 spending on Valentine’s Day gifts in the United States would exceed $20 billion, making the holiday No. 3 […]

Israel Prime Minister Netanyahu contemplates adult-use cannabis legalization

Published March 15, 2019 Three weeks before the country goes to the polls, Israeli Prime Minister Benjamin Netanyahu said he would weigh legalizing cannabis if his party wins another term, The Jerusalem Post reported. So far, Canada and Uruguay are the only countries to have created regulated markets for adult-use marijuana. Netanyahu’s conservative Likud party is contending with […]