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Colorado Medical Cannabis Business & Marijuana Legal News

16 Oct Chart: 42% of marijuana business owners plan to expand into new markets

By Eli McVey
Over 40% of cannabis business owners are planning to take their companies into a new market within the next year, according to a Marijuana Business Daily survey.
Of the business owners intending to expand, the vast majority have identified...

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16 Oct Chart: 42% of marijuana business owners plan to expand into new markets

By Eli McVey
Over 40% of cannabis business owners are planning to take their companies into a new market within the next year, according to a Marijuana Business Daily survey.
Of the business owners intending to expand, the vast majority have identified...

Read More

13 Oct Colorado reaches $1 billion in marijuana sales in record time

Despite falling cannabis prices and other U.S. states legalizing recreational marijuana, it took Colorado just eight months to reach $1 billion in retail MJ sales in 2017 – a record clip for the state.
In 2016, by contrast, it took Colorado 10 mo...

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11 Oct 5 business takeaways from Target’s flip-flop on selling CBD products

By Kristen Nichols

Target Corp. sent shockwaves through the marijuana industry last month when the retail giant quietly started selling CBD products, despite federal drug authorities repeatedly saying the cannabis compound is illegal.

But the sales proved short-lived.

5 business takeaways from Target’s flip-flop on selling CBD...

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10 Oct As marijuana consumption licenses stall, some entrepreneurs see opportunity

More than three months after setting rules for the nation’s first licensed marijuana consumption clubs, Denver has yet to receive any applications.

And that stalemate has officials in other states and jurisdictions holding off on licensing consumption clubs or lounges.

Denver officials are brushing off complaints that...

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09 Oct Julian Marley’s JuJu Royal plans to distribute in Canada, Europe

Just days after announcing his line of cannabis products would be distributed in Southern California, reggae musician Julian Marley revealed he’s struck a deal to have his products reach the international MJ market as well.

Marley is partnering with Maricann Group – which...

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03 Oct Medical marijuana company wants Florida to jump-start edibles sales

A medical marijuana company in Florida wants the state to speed up the process that would allow MMJ businesses to process and sell edibles.

Surterra Florida – which is based in Atlanta but possesses MMJ business licenses in Florida – is “demanding” that state...

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29 Sep Target’s CBD sales reversal roils hemp industry

A decision by Target Corp. to start selling CBD supplements last week had the hemp industry cheering – until the Minneapolis-based retail giant yanked the products.

Target’s decision to stop selling CW Hemp supplements and oils followed a news release from the manufacturer, CW Hemp, saying...

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28 Sep Celebrity sues CBD line, claiming trademark violation

Actress Jessica Alba is suing a Colorado business that makes CBD nutritional supplements, claiming that Honest Herbal infringes on the trademark of her Los Angeles firm, The Honest Co., which makes personal-care products and vitamins.

Alba argues in the federal lawsuit filed in...

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28 Sep Truth in advertising: Marijuana sector still struggling to gain foothold in mainstream

By Omar Sacirbey
The marijuana industry has scored several advertising coups in recent weeks, with cannabis-related businesses landing ads on major television networks and in mainstream magazines.
Cannabis industry insiders welcomed the breakthroughs a...

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