Cannabis Business News – Weed Talk NEWS Talks Taxes, Voting, and Big Sales Numbers

[embedded content] What is new in the marijuana industry this week?  Get ready for a great show with the hosts of Weed Talk NEWS Jimmy Young of Pro Cannabis Media and Curt Dalton of Cannabis.net.  Deb Borchardt of the Green Market Report is off this week, so Phil Adams of…

Continue reading

Why are Cannabis Companies so Bad at Forecasting Their Numbers?

Are Marijuana Companies “Bad at forecasting” as Some Analysts Say? Chief Executive Sebastien St.-Louis, a Cannabis Industry Exec recently said, “If you ever hear me say something and not deliver, you have to call me out.” Apparently, Bill Kirk (an analyst at MKM Partners) did just that, as reported on…

Continue reading

How Growing Cannabis is Affecting Air Pollution Numbers

How growing cannabis is affecting air pollutions and what can be done? There’s no doubting cannabis’ meteoric rise, from being considered a gateway drug to its growing acceptance as a panacea. Today, forms of it can be seen everywhere, from pharmacies to grocery stores. But along with its increasing popularity,…

Continue reading

Federal Banks are now Working with Cannabis Companies in Greater Numbers

Federal Report Shows That More Banks Are Now Welcoming Cannabis Businesses Banking has always been a major hurdle for legal cannabis businesses. Due to the cannabis’s status as a Schedule 1 substance, financial institutions including banks and credit unions, want nothing to do with pot businesses because of the burden…

Continue reading

New York Medical Marijuana Program – Reluctant Doctors And Low Patient Numbers

Compassionate doctors play a very, very big role in a medical marijuana program. States can create all of the lists of qualifying conditions that they want, but if there aren’t doctors that are willing to sign patients’ forms, a state medical marijuana program will never go anywhere. That’s why states…

Continue reading

Low Patient Numbers Could Doom Illinois’ Medical Marijuana Industry

Once upon a time I talked with a person who was looking at investing in Illinois’ medical marijuana industry. At the time of our discussion, Illinois was still in the process of reviewing applications for the limited number of licenses for dispensaries and cultivation facilities. The numbers he said people…

Continue reading

Michigan Medical Marijuana Patient Numbers Spike

We have new numbers on the growth of Michigan’s medical marijuana patient population- sort of. According to Crain’s Detroit Business, a respected local magazine, the Michigan Department of Licensing and Regulatory Affairs reports an increase in the number of medical marijuana patients registered with the state. “Currently, the state logs…

Continue reading

Washington Recreational Marijuana Sales Numbers Decline For First Time

(image via katu) The State of Washington legalized recreational marijuana in November 2012. But it wasn’t until July 2014 until recreational marijuana sales started. After the delayed start of recreational marijuana sales, recreational marijuana sales numbers in Washington climbed steadily month after month. That streak ended last month when sales…

Continue reading