Recreational Marijuana News

Synonyms: 
lifestyle
recreational
Mon
12
Nov

Massachusetts: First marijuana retail shops are finally opening; Here's what you should know

Retail stores that sell recreational marijuana are anticipated to open in Massachusetts. More than two years after Bay State voters approved a ballot question broadly legalizing recreational marijuana, state regulators have provided final sign-offs to the stores, and all that's left is the "commence operations" notice.

The specific opening dates are still unclear. It's a milestone for a new industry, as well as a state that once put a captain in the public stocks for kissing his wife on a Sunday. Now Massachusetts has legalized recreational and medical marijuana, and built a resort casino in the western part of the state and a slots parlor on the state border with Rhode Island. Sports betting is a possibility if state lawmakers decided to move ahead next year.

Mon
12
Nov

Canada: Regina's 1st legal cannabis shop open for business

The Queen City officially has its first legal place to buy recreational cannabis. The Cannabis Co. YQR, located near Regina's Warehouse District, opened its doors at 11 a.m. Saturday. Several people eagerly waited outside for the store to open, curious to see what they would find. 

Tyrell Satther was one of those people. He said it was his first time in a legal cannabis shop.


Regina resident Tyrell Satther said Saturday morning was his first time in a store that sells legal recreational cannabis. 

Mon
12
Nov

Ontario Cannabis Store blames licensed producers for delivery delays

Ontario's government-run online cannabis retailer, already facing many complaints in the weeks since legalization, has blamed producers licensed by Health Canada for what it calls a labelling mix-up that delayed delivery of some products.

In an email to affected customers this week, Patrick Ford, the chief executive officer of the Ontario Cannabis Store said the province's only legal outlet for recreational pot, had put in place unspecified measures to prevent a recurrence. Ford also promised packages would leave the store's distribution centre on the weekend.

Mon
12
Nov

The complicated relationship between IP law & cannabis

The relatively new industry revolving around the legal growth, distribution, and commercial sale of cannabis represents a golden (or, should I say, green) opportunity for emerging entrepreneurs.

According to leading cannabis researchers, the next decade will see spending on legal cannabis worldwide escalate to $57 billion by 2027. Within this figure, the recreational market will constitute 67% of the spending while the medical market will fill in the remaining 33%. The majority of the industry will take place, on both the buying and selling side, in North America.

Mon
12
Nov

Cannabis companies to reveal earnings less than a month after Canadian legalization

Four major Canada-based weed producers are set to report earnings next week, the biggest financial test for the companies since Canada legalized adult recreational use of cannabis on Oct. 17.

Mon
12
Nov

Marijuana use rises among American baby boomers

The 1960s and 70s saw a surge in the popularity of marijuana use among young Americans. Now, decades later, that hippie generation is over age 60, and they’re turning back to weed. Except now, many of them, like Louisianian Dee Dee Chatelain, say its not about getting high, but about treating chronic pain.

“My problem is a soft tissue problem. It’s not a bone problem. If I use marijuana every day I can function. If I don’t, I can barely walk,” said Chatelain.

The 67-year-old New Orleanian knows her use of cannabis is against the law until the state officially opens its medical marijuana pharmacies. But Chatelain says she’s allergic to prescribed opioid pain killers, so pot is her only pain-fighting option.

Mon
12
Nov

Colorado cannabis companies cash in as legalization expands

The legalization trend continued on Tuesday. Michigan legalized recreational marijuana, with Utah and Missouri legalizing medical marijuana. As states start cashing in on cannabis, Colorado companies are trying to capitalize.

“In Oregon, and Nevada, and Arizona, and we’re launching in Michigan and Illinois and Florida in the next month or two,” said Wana Brands CEO Nancy Whiteman. “We’ll be in probably five or six additional states next year.”

New legalized markets mean new opportunities for established companies like Wana Brands. Whiteman says they’ve set up a licensing agreement to sell their products already in Michigan, and have plans to build facilities in other states as well.

Mon
12
Nov

CBD-infused beverages could hit shelves sooner than you think

New Age Beverages recently announced it intends to launch a line of CBD-infused waters, teas and other drinks in the United States.

The company already makes Bob Marley-branded organic coffees and teas and Coco Libre coconut water and kombucha drinks. Investors couldn't be more pleased with the expansionplan: New Age's stock, which has been extremely volatile this year, is up nearly 125% in 2018. CEO Brent Willis told CNN Business the company is already in conversations with many retailers about selling its potential line of CBD drinks. But the plan depends on Congress passing the Farm Bill, which would make it legal to produce hemp and potentially open the door for more products containing cannabidiol, or CBD.

Mon
12
Nov

How will Matthew Whitaker approach cannabis as new Attorney General?

On Wednesday, Jeff Sessions, former Alabama Senator and indefatigable opponent of legal cannabis, lost his job as Attorney General of the United States. Trump, who appointed Sessions to AG upon taking office, soured toward Sessions after he recused himself from the Mueller investigation. Since that recusal, Trump has repeatedly blasted Sessions, publicly expressing his discontent with his AG. And with the hurdle of the midterm elections behind him, Trump finally asked Sessions to resign.

Mon
12
Nov

How Michigan could be paving the way for legalization in the Midwest

By a relatively wide margin, Michigan voters on Tuesday said “yes” to legalizing adult-use cannabis for adults, in a vote that spanned party lines and pushed against vehement opposition groups.

The adoption of the ballot proposal makes Michigan the 10th U.S. state to legalize recreational marijuana for adults 21 and older; and the first state in the Midwest to do so, with a margin of 56-44. In 2008, the state adopted a proposal to legalize the use of medical cannabis. So why did it take a decade for Michigan to go from medical to recreational marijuana?

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