California Testing Challenges Cannabis Industry

California Testing Challenges Cannabis Industry

Almost 20% of all legal marijuana products submitted for testing to the California government since July 1 have been rejected. The testing has been especially tough on cannabis-infused cookies, candies and tinctures. Often, the products are frequently strong enough, according to data released Tuesday by the state’s Bureau of Cannabis Control. Sixty-five percent of all … Read more

Canada Legalizes Recreational Cannabis

Canada Legalizes Recreational Cannabis

Canada’s Prime Minister, Justin Trudeau, announced today that cannabis will be legal nationwide beginning October 17. The declaration comes after both houses of parliament voted to legalize the drug for recreational use, making Canada the first G-7 country to do so, and the second in the world following Uruguay. Trudeau welcomed the vote, tweeting: “It’s … Read more

Meet The Women Who Are Shaping The Cannabis Industry

Meet The Women Who Are Shaping The Cannabis Industry

In Denver, the mile-high city, the legal cannabis is a billion dollar business. “Currently there are, approximately, over 3,000 medical and retail marijuana businesses. And over 40,000, approximately, occupational licensees,” says Dominique Mediola, Deputy Director, Marijuana Enforcement Division, Colorado Department of Revenue. From setting marijuana policy to selling accessories to running pot dispensaries, women are … Read more

California’s Two New Cannabis Taxes Take Effect January 1, 2018

California’s Two New Cannabis Taxes Take Effect January 1, 2018

If you want to sell cannabis or cannabis products, you must register with the California Department of Tax and Fee Administration (CDTFA) for a seller’s permit. Cannabis cultivators, processors, manufacturers, retailers, microbusinesses, and distributors making sales are required to obtain and maintain a seller’s permit as a prerequisite for applying for a license with the … Read more

In Conversation: Interview With Bruce Linton, CEO, Canopy Growth (Audio)

In Conversation: Interview With Bruce Linton, CEO, Canopy Growth (Audio)

Last week, Canopy Growth Corp announced a momentous $500m investment (including warrants) from Constellation Brands. Simons Chase, HIGH.CO’s editor, interviews Bruce Linton about the deal and the future of cannabis. High.co covered Canopy Growth last month in an article detailing the company’s financial performance and business strategy.     Disclosure: Simons Chase owns Canopy Growth … Read more

For Cannabis Companies, Success Means Tackling Legal Complexity

For Cannabis Companies, Success Means Tackling Legal Complexity

There are few industries today that have visibility on the massive growth potential of the global cannabis industry, yet exploiting that potential means navigating a wide variety of legal landmines including, to name a few, corporate law, intellectual property and multi-state licensing rules. Fast-growing cannabis companies engaged in capital raising should be particularly mindful of … Read more