Greenhouse growers take chance on cannabis in push for green

New interest in marijuana production presents an opportunity for licensed producers looking to scale up quickly. A bench formerly used for growing orchids is retrofitted into a flood table for cannabis at a greenhouse in Lincoln, Ont. Newstrike Resources Ltd. acquired the greenhouse last year.  (TARA WALTON / THE CANADIAN PRESS)   By ARMINA LIGAYAThe Canadian Press LINCOLN, ONT.—Inside this … Continued

Cannabis Firms Still See Banking Trouble Despite Growing Legalization, Attorneys Say

A growing number of states are moving toward marijuana legalization, but product providers are still having difficulties in banking and finding protection for intellectual property, said speakers and attendees to a cannabis law panel held Tuesday at the New York State Bar Association’s annual meeting. –NEW YORK LAW JOURNAL  Noah Potter of the Hoban Law … Continued

FORBES: California Poised To Become Largest Jobs Creator – For Marijuana

Julie Weed Marijuana in California is legal, and a job creator California is poised to become the largest recreational cannabis market in the world. It’s also a great place to get a job helping marijuana growers, processors, and sellers or work in adjacent services including legal advice, marketing and security for the nascent industry. That’s … Continued

Oregon pays out $85 million in pot taxes to school fund, cops, other services

By Noelle Crombie The Oregonian | OregonLive The checks are in the mail. That’s the message the Oregon Department of Revenue sent Friday when it announced it will pay out $85 million in marijuana taxes for schools, public health, police and local governments by next week. The payouts represent the first distributions of state marijuana … Continued

Washington’s Marijuana Legalization: We’re In The Money

By Russ Belville, Contributor — HUFFPOST As we approach the fifth anniversary of the first two states to legalize marijuana – Washington and Colorado – it’s instructive for other states to learn from their example. In March 2017, Washington’s Office of Financial Management produced a PowerPoint presentation entitled, “Monitoring Impacts of Recreational Marijuana Legalization.” From … Continued

CNN MONEY: Colorado passes a milestone for pot revenue

CNN MONEY: Colorado passes a milestone for pot revenue Colorado has harvested half a billion dollars in taxes and fees since it legalized recreational weed. VS Strategies, a pro-legalization research company in Denver, says the state has pulled in $506 million since retail sales began in January 2014. That includes taxes and fees from medical … Continued

FORBES: The Marijuana Industry Is Getting Supersized

Debra Borchardt , CONTRIBUTOR Opinions expressed by Forbes Contributors are their own. GFarmaLabs GFarmaLab can produce 8,000 pre-rolled G Stiks a day. Retail sales for legal marijuana are growing so big and so fast that the industry has to supersize their operations. Growing and producing marijuana products is now happening on an industrial scale. Retail sales in the … Continued

To the Surprise of Nobody, Nevada Marijuana Sales Hit $126 Million In 4 Months

Originally Published: The state that pioneered legal casinos and has the monopoly on legal bordellos has, unsurprisingly, taken well to legal pot. In news that will surprise approximately zero percent of the nation, it turns out Nevada and legal recreational marijuana really do make a very good match. Recreational marijuana sales in the Silver State … Continued

California Unleashes a Massive Market for Legal Cannabis

Recreational marijuana is now legal in the Golden State and that has global reverberations. Image credit: David McNew | Getty Images Andre Bourque • Guest Writer Cannabis Journalist | Tech Evangelist Covering High Growth Trends Opinions expressed by Entrepreneur contributors are their own. In the cold, breezy desert of California one minute after midnight, Jan. 1, 2018, Cathedral City … Continued