retail marijuana Archives - Page 8 of 9 - Cannabis Business Executive

Marijuana Prices Are Dropping, So Why Aren’t Edible Prices?

Anyone who shopped at dispensaries last year likely noted that marijuana prices were dropping, with flower going as low as $15 an eighth and concentrates like shatter and wax selling for $10 or $12 per gram. So why didn't edibles…

Now for the Hard Part: Getting Californians to Buy Legal Weed

A billion dollars of tax revenue, the taming of the black market, the convenience of retail cannabis stores throughout the state — these were some of the promises made by proponents of marijuana legalization in California. One year after the…

80 Michigan communities are blocking recreational marijuana businesses

At least 80 Michigan communities have banned or are moving to ban recreational marijuana retail stores and related businesses. It’s a swift response from local governments in the month and a half since voters chose to legalize marijuana in Michigan.…

Canada Is Already Experiencing Cannabis Shortages

October 19, 2018
AggregatedNews
Canada
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Canadians loved their legal weed so much that many stores ran out of stock of the first day of legalized cannabis and no one is sure when the shortages will end. Across the country, smokers of all pedigrees (including one brilliant dude named…

Washington to ‘reevaluate’ marijuana edibles, crack down on products that might appeal to kids

Certain cannabis-infused candies could start disappearing from store shelves across Washington early next year. The Washington State Liquor and Cannabis Board announced during a meeting Wednesday that it will “reevaluate” all edible marijuana products in an effort to cut back…

Slow rollout on retail marijuana is shrinking Massachusetts’ estimated taxes, advocates say

Saying Massachusetts has missed out on $16 million in marijuana taxes, officials behind the 2016 legal marijuana ballot question on Monday pointed to staffing levels and bureaucracy at the Cannabis Control Commission as potential reasons for the slow rollout of…

Massachusetts’ First Recreational Pot Sales Could Be Days Away

More than two months after recreational marijuana sales became legal in Massachusetts, the first wave of retailers is still working to open to the public. But the first sales could happen soon. Eleven potential marijuana shops are awaiting site inspections, the last…

New Jersey receives 146 applications for 6 shops as state expands medicinal weed

September 5, 2018
AggregatedNews
New Jersey
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In another sign of the robust interest in New Jersey's growing medical marijuana program, the state has received 146 applications to run six new retail shops that would sell the drug to the more than 30,000 people authorized to take…

Medical Marijuana Hits The Pennsylvania Market With High Prices And High Demand

Limited quantities, sticker shock, and some mislabeled product. The first week of medical marijuana sales in Pennsylvania was marked by these birthing pains. On the whole, retailers and the Department of Health said the launch of the nascent industry —…

Oregon Marijuana Prices Plummet As More Producers Appear

February 16, 2018
AggregatedNews
Oregon
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The retail and wholesale prices of pot in Oregon are falling with the proliferation of producers and recreational marijuana shops, according to an analysis by a state economist. “The biggest thing is just competition,” said Josh Lehner, an economist with…

California Looks To Solve Banking Issues As Legal Marijuana Nears

December 18, 2017
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Banking, Finance & Real Estate, California
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California has a possible solution to the problem of banks being unwilling to handle money from the state’s multibillion-dollar legal marijuana industry, one that officials say would be the first system of its kind in the nation. Talks are underway…

Expect ‘Very Chic, Very Modern, Very Clean-Cut’ Dispensaries When Legal Marijuana Arrives In Canada

December 13, 2017
AggregatedNews
Canada
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This is what the end of cannabis prohibition will look like in New Brunswick: An upscale showroom with black ceilings, grey walls and a once-illicit drug displayed in brightly lit glass cases. "Think along the lines of a jewelry store.…

To Curb Black Market, Canada Plans To Sell Grams Of Marijuana For Only $7.77

December 13, 2017
AggregatedNews
Canada
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As Canada gears up to legalize marijuana in July of next year, Ottawa agreed to sell weed at $7.77 a gram—$10 in Canadian dollars—which will only add to the country's deficit. The Canadian government announced that provinces will receive 75 percent…

Canada To Sell Marijuana In Liquor Stores Once Legalized In 2018

December 11, 2017
AggregatedNews
Canada
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One province in Canada has decided to sell its marijuana in liquor stores. Nova Scotia, a province on Canada’s eastern shore, announced on Thursday that the Nova Scotia Liquor Corporation, its sole alcohol distributor, would sell the drug in its…

In It’s First Week, Maryland Is Running Out Of Medical Marijuana

December 6, 2017
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Maryland
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Maryland’s medical marijuana dispensaries finally opened this week after years of delay, but many are running out of the drug as limited supply is struggling to keep up with high demand. Five of seven licensed dispensaries that started selling the drug in…