Washington state’s cannabis supply continues to swell, flooding the market and causing both wholesale and retail prices to sink. After the October 2017 outdoor harvest – the state’s largest to date – Jim MacRae, owner of cannabis-focused business intelligence firm Straight Line Analytics in Seattle, says the market will have a 60% larger supply than in 2016. With an ounce of legal marijuana...

A handful of Canadian marijuana companies are already knee-deep in California, deploying millions of dollars in cultivation facilities, retail outlets and branded products to establish a footprint in the world’s largest marijuana market. Executives at the companies – whose shares trade on the Canadian Securities Exchange (CSE) – said they hope to capitalize on: Access to Canada’s deep...

The introduction of medical marijuana laws has led to a sharp reduction in violent crime in U.S. states that border Mexico, according to new research. According to the study, "Is Legal Pot Crippling Mexican Drug Trafficking Organizations? The Effect of Medical Marijuana Laws on US Crime," when a state on the Mexican border legalized medical use of the drug, violent crime fell by 13 percent on average....

OAKLAND, Calif. — Retail cannabis shops in California opened their doors on Monday for the first time, inaugurating what proponents say will become the world’s largest market for legalized recreational marijuana. A transaction that remains illegal in many parts of the country seemed almost banal on Monday for the customers at a dispensary in Oakland who picked out their marijuana, showed their...

ARCATA – The City of Arcata will issue Provisional Commercial Cannabis Activity Permits (CCAP’s) to assist business owners who plan to apply for State of California licensing before a CCAP is issued. A Provisional CCAP will be issued to business owners who fulfill requirements which include a  completed application form with applicable fees; proof of site control; owner, management, and key employee...

California Treasurer John Chiang wants the state to consider creating a government-owned bank that could serve cannabis businesses, one of several recommendations aimed at helping bring those businesses into the financial mainstream. The recommendations, the product of a year of meetings of a cannabis working group organized by Chiang’s office, suggest there may be ways for California to help cannabis...

Getting a license for a marijuana cultivation business is one of the most difficult early steps in doing business in the evolving cannabis industry. The biggest issue is understanding the complex, and often confusing, rule-making of a state licensing board that is unfamiliar with the industry. To help navigate this twisting and slippery road, Cannabis Business Times reached out to six licensing...

A state-backed medical marijuana identification card program, which hasn't been popular among cannabis patients in recent years, may ramp up when California's new marijuana laws take effect in January, some say, because the regulations allow cardholders to skip the sales tax when purchasing cannabis products. Nevada County residents who already have current doctor's recommendations for medical cannabis...

Greenlife Business is honed in the skills of finding qualified, vetted prospective investors and buyers in the burgeoning marijuana business model.  The following are a few of our general techniques in “weeding” out time wasters and making sure when an escrow is opened, it closes fast in 60 days or less.   Prospecting in the right Target Market Prospect the right way and know your target...

Reprinted from Newsweek Updated | It seems fitting that a plant called Mary Jane could smash the patriarchy. After all, only female marijuana flowers produce cannabinoids like the potent THC chemical that gets users buzzed. Pot farmers strive to keep all their crops female through flowering female clones of one plant, called the Mother. And women are moving into the pot business so quickly that they...