There’s much more to cannabis than THC—for solid proof, look no further than the CBD boom—but when it comes to moving product on the legal recreational market, only two numbers matter: the list price, and the THC content. Super-potent cannabis flower, with THC percentages of 25 percent and up, dominate dispensary shelves. High-THC cannabis will […]
Retailers
Lavish Parties, Greedy Pols and Panic Rooms: How the ‘Apple of Pot’ Collapsed
The warm California sun shone down on Adam Bierman as he stepped up to the ceremonial ribbon strung across the entrance of his latest triumph: a new store on Abbot Kinney Boulevard in Venice, the hottest retail strip west of the Mississippi. Bierman stood facing a pack of clamoring photographers. Behind him, inside the shop, […]
Medical and Recreational Marijuana: An Overview of the Various Issues Involved in Starting and Operating Marijuana Dispensaries Part 4
This article is the fourth part of a six-part series discussing the legal issues, operational challenges, and regulatory hurdles that marijuana-related businesses (MRBs) frequently encounter. Part 1 discussed the various fire, health, and safety risks that MRBs encounter while growing and cultivating marijuana plants inside large, indoor, commercial spaces. Part 2 discussed the three most […]
What the Cannabis Industry’s Overnight Transition Teaches Us About the New Retail
From changing product preferences to compassionate pricing policies The Covid-19 outbreak upended daily business operations and consumer habits in nearly every industry. In the world of legal cannabis, restrictions on business and travel are creating seismic shifts that could potentially restructure the unique culture and idiosyncrasies that define the industry. Dispensaries are quickly pivoting to […]
Jushi Holdings Inc. Plans to Open Up to Five Additional Dispensaries in Virginia
PRESS RELEASE Virginia Senate bill 976 expands Commonwealth’s cannabis program allowing for up to five additional cannabis dispensing facilities per health service area and removes 5% Cap on the Concentration of THC Permitted to be Contained in Cannabis Oil Jushi’s subsidiary is one of only five applicants to have received conditional approval to operate in […]
The Whole Gamet: Operating a Dispensary During a Pandemic
Just another challenge for an industry accustomed to moving targets If ever there was a business sector that is accustomed to pivoting and adjusting to changing conditions, it is the legal cannabis industry. From rapidly evolving laws, to last minute changes in regulations, to state by state variances… the cannabis industry knows how to adapt. […]
Stimulus Checks, the Unofficial Federal Aid for Colorado Weed Shops
The marijuana industry won’t receive any official aid from federal business bailout packages, but it still received an assist from the first round of stimulus payments, which came just in time for the plant’s biggest holiday. Colorado’s marijuana dispensaries reported significantly higher sales this week, the same week that many Americans started receiving $1,200 payments […]
How One California Cannabis Company is Adapting to the New Not-So-Normal of COVID-19
As of March 30, 2020, more than 160,000 people in the United States have tested positive for coronavirus, with more than 3,000 deaths related to the disease. Over the last several weeks, with the influx of the coronavirus pandemic, Americans braced themselves for a not-so-normal way of living: gyms vacated, restaurants closed, public gatherings shut […]
Nevada marijuana dispensaries close storefronts; only deliveries allowed
All recreational and medical marijuana dispensaries must close their storefronts per the emergency declaration issued by Nevada Gov. Steve Sisolak on Friday. Dispensaries will be required to shut down all public store fronts by midnight Friday despite the surge in purchases. Legal cannabis sales will continue but will be available by delivery only. Nationwide, marijuana sales are up […]
Native Roots Cannabis Co. Issued First-Ever Colorado Marijuana Delivery Permit
PRESS RELEASE Boulder, CO – Last week, Native Roots Cannabis Co. became the first company to receive a newly created marijuana delivery permit from the Colorado Marijuana Enforcement Division. In 2019, lawmakers approved House Bill 19-1234(Reps. Valdez, Singer and Sens. Gonzales, Marble) which allows licensed medical marijuana retailers with permission from their local government to […]
