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New York MMJ Program Not Reaching Financial Expectations

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New York’s licensed medical cannabis operators are still not profitable and tax revenues are far below the $4 million earmarked in Gov. Andrew Cuomo’s 2016-2017 executive budget, according to a USA Today analysis of Department of Taxation and Finance figures. The state collected $585,000 in medical cannabis excise taxes during the fiscal year on sales […]

Tommy Chong-Linked Cannabis Club TV Purchases Dispensary Digital Marketing Network

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Cannabis Club TV, a digital infotainment network currently developing a cannabis-centric travel show with Tommy Chong, has acquired dispensary digital marketing company Vast Display Network in a stock and cash deal worth $2.75 million over two years. Chong, 79, announced the show’s development in August. It’s described as “similar” to “Anthony Bourdain: No Reservations.” Danny […]

Indiana Excise Police Continued CBD Enforcement Actions After Announcing Policy Change

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CBD pills and capsules can be packaged to appear just like a generic vitamin dose or another daily nutraceutical.Indiana excise police – the state Alcohol and Tobacco Commission law enforcement arm – has at least twice cited stores selling CBD products despite saying in August they would back off the practice, according to a report from the Indianapolis Star. At that time, commission officials said they would no longer confiscate CBD products from […]

How Your Style Guide Makes or Breaks Your Cannabis Brand

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Imagine you’re a caterer and have the biggest wedding of your career this weekend. You ask 100 employees to bake you a vanilla cake with vanilla icing. Seems simple enough, right? The next day your staff comes back with 100 different versions of the cake and you’re shocked. How could vanilla on vanilla have so […]

‘Gorilla Glue’ Trademark Infringement Lawsuit Settled

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The makers of the adhesive Gorilla Glue have settled with GG Strains LLC, the cannabis company with strains called Gorilla Glue #1, Gorilla Glue #4, and Gorilla Glue #5, in a trademark infringement case, according to a Cannabist report. The agreement does not involve any monetary penalties or transactions. The agreement forces Las Vegas, Nevada-based […]

Kentucky State Senator Proposes Adult-Use Legalization to Bridge Pension Budget Gap

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A Republican state Senator in Kentucky is proposing adult-use cannabis legislation in an effort to fund the state’s faltering pension systems, according to a Spectrum News report. Sen. Dan Seum said the plan could generate $100 million in annual tax revenues, which could help pay down the $37 billion to $64 billion unfunded liabilities in […]

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