Search Results: sales/ (8)

About one in four Americans is buying marijuana instead of beer, according to new research from Cannabiz Consumer Group (C2G) released earlier this month. C2G’s study focused on the behaviors of 40,000 participants, looked at more than 55 million marijuana-sales transactions, and analyzed point-of-sale data.

“Consumers use cannabis to satisfy various social, medical and experiential need states. By understanding these needs, those at risk of losing sales to cannabis can try to offset some of the losses by understanding and speaking to a consumer’s needs,” says Rich Maturo, C2G’s chief innovation officer. “Those at risk of losing sales to legalized cannabis can undertake a variety of actions to offset their losses.”

They opposed REC sales in Arizona.

Here’s your daily dose of pot news from the newsletter WeedWeek.

Several former executives of Insys Therapeutics, which sells the powerful opiate fentanyl, were arrested accused of “ bribing doctors, defrauding insurance companies, and fueling America’s opioid addiction crisis.” Insys contributed to successfully defeat Arizona’s November REC vote.

GW Pharmaceuticals reported some “pretty grim” quarterly numbers, but it could benefit from its anti-epilepsy experimental drug Epidolex which is in late stage clinical trials.

Bloomberg suggests there’s a Canadian pot-stock bubble.

Legalization in more states could depress California’s export market. And in another interesting piece by Madison Margolin, California’s “extract artisans” now have some legal protections from meth-lab laws.

Vice dives into regulatory tech which it calls the “ cannabis surveillance state.

Home grow system Leaf raised $2M.

Celebrity-branded weed costs about 24% more than unbranded. Forbes asks if the trend has gone too far.

Commercial landlords in northern California prepare for legalization.

Quartz profiles marketing company Octavia Wellness which throws pot parties for seniors.  The art world is joining efforts to re-brand cannabis.

The Denver Post’s Cannabist won most influential media source at the cannabis business awards.

A new study in Pharmacological Research, by Czech and Italian researchers, found that pot is an aphrodisiac. Read the study here.

Another study found that marijuana use may damage eyesight.

New York state wants patients to be able to access MED in hospitals. A study found that cannabis users have lower in-hospital mortality rates.

In an effort to reduce opioid use, Oregon wants opioid patients monitored for marijuana use. The health agency view on marijuana vis a vis opioid use is unclear.

The world’s first clinical trial to test MED for chemotherapy patients is beginning in Australia.

A device developed by Israeli start-up distributes “ nano-droplets” of CBD as a nutraceutical to relieve inflammation and pain is on sale in the U.S. KKTV looked at the cannabis research happening at Colorado State-Pueblo.

The U.S. is lagging Israel and other countries in cannabis research.

The Washington [state]CannaBusiness Association is starting a fund to support MED access for the needy.


The state votes in November.

Here’s your daily round up of pot news, excerpted from the newsletter WeedWeek.

Sen. Elizabeth Warren (D.-Mass.) said she’s “open” to REC legalization in Massachusetts.

Pennsylvania is moving aggressively to create rules for its MED industry. Major regulatory changes are coming in L.A.

Portland (Ore.) City Hall is fighting with a pot shop about a license requirement.

In SFWeekly, I said we need more weed reporters. I also spoke to HelloMD about WeedWeek and the cannabis beat.


When it comes to marketing and advertising, proper timing is always essential – and you want to strike while the iron is hot. As cannabis use becomes more and more mainstream, the topic of marijuana legalization is finally being raised in all regions of the country.
When Colorado and Washington became the first states to make weed legal for adults for recreational purposes, the eyes of cannabis critics nationwide focused on the two battleground states, desperately waiting and hoping for problems to arise.

Photo by Chalmers Butterfield/Wikimedia Commons.
The Springs has changed since this photo, but cannabis attitudes have stayed the same.

Colorado’s second-largest city will not be allowing retail recreational marijuana sales, opting instead to ban the industry outright as is allowed under Colorado’s Amendment 64.
The city joins a growing list of about two dozen cities and counties around the Centennial State with cannabis business bans.

Fox News

Poised To Become First Country in the World To End Marijuana Prohibition 
On Heels of Colorado and Washington Legalization Initiatives, Race Is On to See Who Will Be First to Set Up Successful Regulation of Marijuana
Uruguayan lawmakers on Thursday introduced a bill in Congress to legally regulate marijuana. This comes on the heels of the historic approval of marijuana legalization initiatives in Washington and Colorado on November 6, making these two U.S. states the first political jurisdictions in the world to legalize the production and distribution of cannabis. If Uruguay approves the measure, it will become the first country in the world to do so.

Fox News

Law Would Make Uruguay First Government In World To Legally Supply Marijuana 
The president of Uruguay on Wednesday submitted a proposal to Parliament to legalize marijuana under government-controlled regulation and sale, making it the first country in the world where the state would sell marijuana directly to its citizens. The proposal, signed by Uruguayan President José Mujica, is part of a package of measures aimed at fighting crime and requires parliamentary approval before being enacted.
Despite Uruguay being one of the safest countries in Latin America, it has faced an increase in crime from drug gangs due to its position on a drug transit route to Europe via West Africa. The aim of the measure is to combat the rising insecurity in Uruguay by removing the profits of marijuana sales from drug gangs, separating the marijuana market from those for other illegal drugs, and avoiding marijuana users’ exposure to drug dealers who also sell coca paste and cocaine. Additionally, the revenues from marijuana sales will be invested into treatment for “problem” drug users.

Burien Daily

Real Legalization Or ‘Decrim On Steroids,’ I-502 Appears Headed For Victory

Washington state’s Initiative 502, which would legalize and tax marijuana and sell the herb through state-licensed stores, got a big funding boost over the weekend, receiving $1.25 million in new donations. The funds allowed I-502’s backers to buy a $1 million TV advertising blitz in August, according to campaign manager Alison Holcomb.

Meanwhile, a new statewide poll, paid for by Seattle TV station KING 5, found that a healthy 55 percent of Washington voters support I-502 ,with just 32 percent opposed.

The first marijuana legalization initiative to ever make the state ballot in Washington, I-502 raised the $1.25 million from just four deep-pocketed donors, including matching $450,000 contributions from Progressive Insurance founder Peter Lewis — well-known for his financial support for drug policy reform — and from the New York-based Drug Policy Alliance (DPA), reports Jonathan Martin at The Seattle Times.