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U.S. Cannabis Sales Beat Out Starbucks
Starbucks (SBUX) may need to put a store on every corner in the U.S. if it wants to keep up with legal cannabis in the country. A recent report by MJBizDaily showed that U.S. cannabis sales outpaced Starbucks North American sales by at least a third, even though coffee can be sold in all 50 states. By contrast, only 39 states and the District of Columbia have legalized some form of cannabis. Read this full story >
Featured Cannabis News
Texas Wants to Raise Cannabis Industry Licensing Fee to Over $1 Million
Those entrepreneurs hoping to sell cannabis oil in Texas may have to dig a lot deeper inside their respective piggy banks before the state will allow them to get in on the action.
Shoppers Drug Mart formally applies to distribute medical marijuana in Canada
Canada’s largest pharmacy chain has formally applied to be a distributor of medical marijuana. “We have applied to be a licensed producer strictly for the purposes of distributing medical marijuana,” Shoppers Drug Mart spokeswoman Tammy Smitham told CBC News in…
U.S. Marijuana Businesses Grapple With Complex Regulations
Interra Oils, a Washington state-based company that sells marijuana concentrate products–those that can be inhaled using a vaporizer or added to edibles–has to wait until it’s ready to deliver orders to customers before it adds a 16-digit sublot code to…
Concentrated: A new era for cannabis extracts in California
When thinking of marijuana concentrates like hash and dabs, visions of exploding makeshift labs, piles of charred butane cannisters and burn wounds may come to mind for some.
