Search Results: expansion (46)

Those brothers behind Binske are at it again. The Denver-based cannabis company has just announced a licensing agreement that will put the Binske brand in eleven states around the country.

According to an announcement from the company regarding its new partnership with MariMed, a publicly held cannabis investment firm based in Massachusetts, Binske will soon be available to over 52 million people aged 21 to 61 in states with medical and recreational marijuana.

Once Canada began its cannabis legalization efforts, investors’ eyes shifted from the fragmented state policies in America to a federal government up north that was open for business. The money soon followed: Reports of massive investments from companies like Molson-Coors and rumors of interest from Coca-Cola continue to swirl around Canada’s new legal cannabis sector (legalization will officially begin October 17) — and Colorado brands have taken notice.

Dixie Elixirs is one of a handful prominent cannabis companies based in Colorado that has already began establishing itself in the Canadian market, but Dixie took it a step further last week when the brand announced its intentions to go public in Canada. To learn more about the financial obstacles pot companies face in America, and how they’re going north to avoid them, we talked to Dixie CEO Chuck Smith.

Graphic: Reality Catcher

​Maine lawmakers have introduced a pair of bills, LD 754 and LD 750, to expand the state’s existing marijuana decriminalization law.

Under present law, adult possession of up to 2.5 ounces of marijuana is a non-criminal offense punishable by a fine only.
LD 754 would change existing law so that adult possession of more than 2.5 but less than five ounces is classified as a civil violation.
LD 750 would change existing law so that the cultivation of up to six marijuana plants by an adult is also classified as a civil violation.
Both measures have been referred to the Joint Committee on Criminal Justice and Public Safety, which has scheduled a hearing on both bills for Thursday, March 17.
The hearing will begin at 1 p.m. in Room 436 of the State House on State Street in Augusta.
Every Maine resident has the right to testify at this hearing.
You don’t need to be an expert or an experienced pubic speaker — just come and speak your mind.

Colorado is no longer the only player in recreational cannabis, and early potreprenuers are branching out as legalization efforts claim victories around the country.

Meg Sanders served as CEO of Mindful during the Colorado and Illinois dispensary chain’s quick expansion post-2014; after leaving her day-to-day role with the company, she set her sights on Massachusetts. Still an owner of Mindful, Sanders has been on the East Coast lately, preparing to open three cannabis storefronts under her new Canna Provisions brand.

We recently caught up with her to learn more about her journey through legal pot and what she has planned for the future.

The edibles game can be a screwy one for the legal cannabis industry, with a roulette of changing regulations and constantly evolving market demand. New government rules on dosing and packaging can end a company overnight; if those don’t do it, then ever-changing extraction technology and consumer habits just might, with new forms of consumption popping up more often than expected. That’s not even counting the financing and expansion issues faced by American cannabis brands now that our neighbors to the north have legalized the plant federally.

Despite all of these obstacles, Colorado-based pot companies continue to thrive nationally, and Boulder’s Wana Brands is no exception. The infused-products company, known for its gummies, has branched out with vaporizing, CBD and capsule products on its way to becoming one of the state’s largest cannabis brands, with continued expansion into other states. To learn more about surviving in such a tough market, we caught up with Wana founder and CEO Nancy Whiteman.

Civilized Worldwide Inc. announced its plans to acquire the 420 Games, expanding the reach of the Canada-based cannabis media company into Denver, San Francisco, Los Angeles, Pittsburgh and anywhere else the event is held in the future.

“We’re thrilled to be expanding the 420 Games across North America, and we are looking forward to introducing the Games to Canadians in 2019,” says Civilized publisher Derek Riedle.

Talk to any cannabis business owners in Colorado today, and they’ll have something to say about consolidation. Some of them are doing the consolidating, while others are doing their best to not be eaten. They’re putting up a good fight: According to a recent study by Marijuana Business Daily, although the state’s pot industry has seen increased consolidation as it matures, it’s not happening at a rate even close to consolidation in other industries.

Still, familiar cannabis company names continue to disappear. For a quick walk down marijuana memory lane, here are five dispensary chains that once looked destined for expansion, only to be consumed by cannabis capitalism.

Most people thought the fight was over when Colorado voters legalized commercial cannabis in 2012, but that victory led to a series of smaller battles over such issues as social consumption, home-grow limitations and industry expansion. Proposals continue to pop up on both the local and state level that could advance or limit your rights as a cannabis consumer, patient, grower or business owner. Want to make sure things go in the right direction? Here’s how to become a cannabis advocate:

The announcement comes shortly after it raised millions of dollars.
Here’s your daily round up of pot news, excerpted from the newsletter WeedWeek.
Vancouver-based grower Aurora Cannabis is planning a giant 600,000 square-foot grow in Alberta. That’s the size of 10 football fields. Canadian grower Aphria inked a deal to supply an Australian company with MED.
At least two large Canadian producers consider the  new federal home grow rules  “a setback for the advancement of sound cannabis policy.”
The Commodities Futures Trading Commission approved the first exchange for trading hemp derivatives.
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