PRESS RELEASE Company Expands Footprint in its Home State into Northern California LOS ANGELES (October 10, 2018) – MedMen Enterprises Inc. (“MedMen”or the “Company”) (CSE: MMEN) (OTCQB: MMNFF) (FSE: A2JM6N) today announced that it has signed a definitive agreement (the “Agreement”) to acquire a licensed dispensary from Berkeley Patients Group (“BPG”) in Emeryville, California. As a result of the transaction, MedMen will […]
Retailers
Walmart Canada exploring possible sale of cannabis-based products
Walmart’s Canadian unit is exploring the possibility of selling cannabis-based products, but has no immediate plans for selling them. Walmart is the first major retailer to show an interest in being part of Canada’s burgeoning marijuana industry. Walmart’s Canadian unit said on Tuesday it is exploring the possibility of selling cannabis-based products, but has no immediate […]
MedMen Acquires Illinois Dispensary, Continues its U.S. Expansion
PRESS RELEASE Acquisition Grows Brand’s Presence to Country’s Three Largest Metropolitan Areas LOS ANGELES (October 3, 2018) – MedMen Enterprises Inc. (“MedMen” or the”Company”) (CSE: MMEN) (OTCQB: MMNFF) (FSE: A2JM6N) today announced that it has signed a definitive agreement (the “Agreement”) to acquire Seven Point, a licensed medical cannabis dispensary located in the historic Chicago suburb of Oak Park, […]
Cannabis Consumers and Strains: Fealty and Fickle
Cannabis enthusiasts are loyal consumers of strains, finding favorites and sticking by their sides for years. Right? Sometimes. But they are fickle, too. While it is true that some consumers rarely vary from a few strains, often for wellness issues (White Widow manages my anxiety, or Harlequin helps me sleep), other consumers experiment wildly with […]
Swell Farmacy Rebrands as Curaleaf; Joins Leading National Network of 28 Dispensaries Operating across the County
PRESS RELEASE Curaleaf to host four days of Grand Opening celebrations with all attendees eligible for a “First Time Patient Special” September 27, 2018 02:48 PM Eastern Daylight Time PHOENIX–(BUSINESS WIRE)– Four Swell Farmacy medical cannabis dispensaries located in the Metro Phoenix area have been rebranded under the Curaleaf name. Curaleaf, Inc. is a vertically integrated […]
Live Resin Enthusiasm Rises Nationwide
As we have covered rather extensively for two years, vapes rule in California, with market share for concentrates vaulting from 79 percent in January of this year to 85 percent in July according to cannabis market research firm BDS Analytics. No other state comes especially close, although at 71 percent market share in July, Oregon […]
The Tulalip Tribes Open Flagship Retail Cannabis Store
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 […]
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 […]
Starting Right Now: Shango Premium Cannabis Introduces Quality Flower at the Best Prices
PRESS RELEASE Reductions at 2 stores include offering $4.80 grams, $90 ounces every day PORTLAND — Two Shango Premium Cannabis stores in Oregon have enacted comprehensive price cuts across the board on flower, extracts and edibles. Shango has implemented everyday new flower prices out the door and reductions also have been made for all extracts […]
Top Five Red Flags for California Cannabis Mergers and Acquisitions
Ah, California. The land of tech innovation, wine country, and endless coastline. Also the land of shysters, hucksters, and snake oil salesmen, far too many of whom have migrated to the booming cannabis industry to ply their trade. With the lead up to full implementation of the Medicinal and Adult Use Cannabis Regulation and Safety Act (MARCUS, […]
