$14,000 Daily From 2nd Rec Shop in Washington
Oct22

$14,000 Daily From 2nd Rec Shop in Washington

New numbers from Washington state. This is what leads other revenue strapped states to embrace the future.   The Emerald City’s [Seattle] second recreational marijuana shop is rolling in the green. Uncle Ike’s, which opened on Sept. 30, averaged $13,736 in sales per day in its first week of operation. That equates to about $3,500 in excise tax revenue for the state each day [editor's emphasis]. If the pace holds up, the store...

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CannaJobs:  Looking for Work?
Oct21

CannaJobs: Looking for Work?

Cannabis is a real job creator.  Here's what's hiring right now.   According to 420careers.com, the 10 most popular marijuana jobs in the United States: 1. Budtenders (marijuana “pharmacists”) – assist dispensary customers with marijuana inquiries. 2. Marijuana Cultivators (growers) – cultivate marijuana for dispensaries. 3. Edibles Chefs – create marijuana-infused foods such as cookies, brownies, teas, sodas, and sauces. 4....

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In Colorado Both MMJ & Rec Numbers Up
Oct21

In Colorado Both MMJ & Rec Numbers Up

The trajectory is "up."   Marijuana sales in Colorado are hitting new highs. Both recreational and medical cannabis revenues jumped 11% in August, according to the latest numbers released by the state. Cannabis consumers spent over $33 million on recreational marijuana and $32.2 million on medical cannabis during the month. That’s up from $29.7 million and $28.9 million, respectively, in July – which also ranks as the first month...

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Cannabis & Colorado’s Governor’s Race
Oct20

Cannabis & Colorado’s Governor’s Race

If you enjoy the sharp elbows of politics you'll like the Governor's race in Colorado.  Here's a taste.   Michael Elliott, executive director of the Marijuana Industry Group, said the governor’s follow-up statement [after calling legalization "reckless"] did help smooth things out with many stakeholders. “We’ve seen a governor who’s trying to do what’s right, and trying to make this work,” Elliott said. “He’s got a lot to brag...

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Cannabis Can’t be “Certified Organic” per Gov’t
Oct17

Cannabis Can’t be “Certified Organic” per Gov’t

Here's another of the inevitable work-arounds caused by the federal government.  A rose by any other name.   Emerald Twist, a recreational cannabis producer in Washington, announced on Tuesday that they are the first in the nation to be Clean Green Certified - the only available certified organic program for cannabis to date. Clean Green Certified is an organic certifying organization based in California that certifies hundreds...

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Working Around the Banks
Oct16

Working Around the Banks

Cannabis will not be re-legalized in any meaningful way until our plant can open a bank account.  Here's the next bend-in-the-road in this story.   What strategies are companies using to successfully open bank accounts? Currently, bank accounts for dispensaries and other cannabis businesses are substantially opened based on a “don’t ask, don’t tell” policy. Typically, a dispensary bank account will be established in the name of a...

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