Marijuana Business News

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Thu
10
Feb

Retail Bakers of America partners with Love’s Oven for cannabis baking workshop

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The Retail Bakers of America (RBA) has partnered with Love’s Oven in Denver, Colorado to host an in-person, two-day workshop at The Cook Street School in Denver on May 15-16, 2022. “Fresh Baked” will feature everything attendees need to know about the business of baking with cannabis, in-depth baking demos and tours of some of Denver’s finest cannabis bakeries and dispensaries.

Thu
10
Feb

Companies attempt to gobble up market share as Oklahoma's cannabis industry matures

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The rush to put down dispensary roots three years ago has led to about 2,000 dispensaries doing business in Oklahoma.

It was a modern-day land run as many sought to stake a claim in the booming industry with just one small storefront, staffed by the owner and a couple of employees. But now, as the industry matures and entrepreneurs find their niche in the market, and the state ramps up enforcement efforts on ownership laws, a fight is emerging over market share as companies attempt to expand their footprint into multiple stores across multiple markets.

One business, Apothecary Farms had two grand openings last week alone.

Tue
08
Feb

2 years later, Cannabis 2.0 isn't saving Canopy Growth

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This Canadian pot company was the first to impress customers with cannabis derivatives, so what went wrong?

Derivatives are additional recreational products that Canada legalized in October 2019 as part of "Cannabis 2.0" legalization. These products garnered a lot of consumers' attention. Thus, Canadian pot companies were eager to launch them. Canopy Growth (NASDAQ:CGC) was the one to jump at the opportunity. 

Canopy Growth had an early mover advantage in the Canadian medical cannabis market. It first started selling cannabis oil in the fourth quarter of fiscal 2016.

Tue
08
Feb

Colorado employers would no longer be able to fire their workers for using cannabis if a new bill passes

rolling a joint

House Bill 1152 would also require employers to let their employees consume medical marijuana while at work, though there are exceptions for people whose jobs are in dangerous fields.

olorado employers would be prohibited from denying employment to or firing workers because of their off-the-clock cannabis use – either medical or recreational – under a measure introduced last week at the statehouse.

House Bill 1152 would also require employers to let their workers consume medical marijuana while on the job. The legislation would include exceptions for workers whose jobs are in dangerous fields or require fine motor skills, such as positions involving the use of heavy machinery.

Mon
07
Feb

Unlocking The Payment Matrix Of The Cannabis Industry

mobile payment

The cannabis industry’s current operating standards mirror that of an illegal black market, especially when it comes to handling money, transactions, and banking. Transactional requirements are generally vague and there is a lack of understanding as to what is legal and what is not.

Mon
07
Feb

Michigan marijuana market evolves on different fronts

growing cannabis in a greenhouse

It has been a remarkably smooth and successful ride for Michigan’s cannabis industry, and regulators hope to keep it that way as the growing network of suppliers and sellers face an inevitable period of consolidation and stubborn competition from old-school street dealers who do not share their overhead and red-tape burdens.

Mon
07
Feb

Software Effective Solutions Corporation Announces Acquisition of MedCana, Inc.

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New Orleans, Louisiana, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Software Effective Solutions Corporation (OTC Pink: SFWJ) (“the Company”) announces the Acquisition of MedCana, Inc and appoints Jose Gabriel Diaz as New Chief Operating Officer and Director

Software Effective Solutions, Inc announces the acquisition of MedCana Inc. and positions the Company to become a leader in the Columbian Cannabis and CBD Oil Sectors. The Company also announces the appointment of Jose Gabriel Diaz to assume to role of Chief Executive Officer, and he will serve as Chairman of the Board for the Company moving forward.

Mon
07
Feb

4 Groundbreaking Cannabis Pioneers To Recognize This Black History Month

cannabis plant

There’s no better time of year than Black History Month to honor Black pioneers in the cannabis industry. Here are four outstanding trailblazers.

One of the undeniable realities of the War on Drugs is that it had a disproportionate impact on Black cannabis enthusiasts. Even so, there are numerous Black pioneers within the world of cannabis that have made an immeasurable impact.

This is the reality, even though there are a multitude of barriers that have restricted Black entrepreneurs from the legal marijuana industry. In fact, some of the ways these pioneers have affected the industry may come as a surprise. There’s no better time of year than Black History Month to honor these pioneers.

Fri
04
Feb

Chico council pushes back on additional cannabis delivery

delivery box

CHICO — The Chico City Council voted 4-3 against receiving more information regarding additional cannabis delivery services.

City Attorney Vincent Ewing brought an item before the board Tuesday requesting that it use its legislative power to allow for additional delivery services within Chico in an effort to provide additional tax revenue.

After giving the green light for no more than three cannabis storefronts in the city, the recent discussions the council has taken part in have revolved around bringing in non-storefront businesses related to the industry such as testing, manufacturing and distribution. The item presented before the board Tuesday would have allowed for delivery-only businesses to come in.

Fri
04
Feb

Best marijuana penny stocks for your list in February 2022

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Top Cannabis Stocks Q1 2022

Are you looking for ways to take advantage of current market volatility with top marijuana stocks? To start 2022 many of the best cannabis stocks to invest in have established new lows in January. Now in February, the cannabis sector has a possible catalyst for 2022 upside with the possible attachment of SAFE Banking to another major bill in the House. In addition, Senate Majority Leader Chuck Schumer also met with cannabis reform advocates to discuss his legalization bill.

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