PRESS RELEASE Remedy Tulalip aims to set a higher bar for retail cannabis and customer experience TULALIP, WA—August 6, 2018 —The Tulalip Economic Development Corporation (TEDCO) is opening the doors to Remedy Tulalip, its flagship retail cannabis store, and among the first cannabis dispensaries in the United States to open on a reservation. Remedy Tulalip […]
Retailers
Here’s How Much Marijuana Costs in the United States vs Canada
A tidal wave of change is hitting the cannabis industry in both the United States and Canada. In the United States, medical marijuana is now legal in 29 states. Not only that, but the recreational use of marijuana is now legal in 10 states. You can walk into a licensed store in places like California, Oregon and […]
Green Thumb Industries (GTI) Opens RISE Joppa, the First Medical Cannabis Dispensary in Harford County, on April 27
PRESS RELEASE RISE Joppa Joins RISE Silver Spring and RISE Bethesda as Third GTI Dispensary in Maryland Chicago and Joppa, Md., April 25, 2018 (GLOBE NEWSWIRE) — Green Thumb Industries (GTI), a national cannabis cultivator and dispensary operator dedicated to providing dignified access to safe and effective cannabis, will welcome patients on April 27 at […]
Trends in Dispensary Operations and What Owners Watch For
As the cannabis industry matures in different ways in different states, how does a cannabis store operator figure out what to do in the midst a dynamic customer-centric part of this industry? How do they work with the variables of what the customer wants, and what the customer is willing to pay, and how to […]
Nevada’s Recreational Marijuana Market Hits $38 Million, Soars Past Colorado
Nevada’s recreational marijuana industry hit a new high, selling more than $37.9 million in October. The state has earned nearly $20 million in marijuana tax revenue since the adult-use market launched in July. “We are pretty on target with projections, maybe a little over,” Department of Taxation spokeswoman Stephanie Klapstein told the Las Vegas Review-Journal. […]
A Thing of the Future – Cannabis Franchising
We often work with cannabis businesses that want to license their brands to third parties. Licensing is a great way to expand the reach of a brand and make some revenue without the capital expense of funding and owning a new location outright. For states that restrict ownership of marijuana businesses to state residents, licensing […]
The Uneven Dispensary Experience – One Consumer, Three Cities
There aren’t any opportunities to visit a recreational dispensary where I live – Washington, D.C. None exist so far. You have to be a medical patient with a card and go to one of the five medical dispensaries in the District, or any of the newly opened dispensaries in Maryland. But last year, I did […]
‘If You Build It, They Will Come’: Thames Valley Alternative Relief
When I heard the Thames Valley Alternative Relief (TVAR) story, a company led by Laurie Zrenda and her niece Meredith Elmer, all I could think about was how the Connecticut Department of Consumer Protection’s (CDCP) cannabis regulatory authority got it right. In the medical marijuana program that the state launched in 2013-14, they had a limited number […]
Blue Dream vs. Gorilla Glue #4? Not in Oregon
The fight for the king-of-the-strains crown in most states is fairly stable. Blue Dream usually wins. Gorilla Glue #4 is on the rise. Other biggies, like Sour Diesel, bounce around in the top 10. But not in Oregon. Beaver State consumers often place the crown on the brow of Blue Dream, but its place at […]
Tax Code Tips – How to Work With 280E
One of the most important issues in the industry for cannabusiess owners to address and understand is 280E, part of a dense IRS code that states “no deduction or credit shall be allowed for any amount paid or incurred during the taxable year if such trade or business consists of trafficking in controlled substances (Schedule […]
