cannabusiness

Business
Colorado Marijuana Enforcement Division Has Released What Could Cause Security Issues for Cannabis Business Owners

Colorado Has Released What Could Cause Major Security Issues for Cannabis Business Owners

Recently the Marijuana Enforcement Division in Colorado revamped its website. So what’s the big deal? A lot of places update their websites from time to time.

Well, this website revamp included releasing information surrounding the marijuana-related licenses that have been applied for and/or issued within the state. This information includes addresses, full names, business names and more. This is their attempt to be more transparent with this information and to make it public record.

Business
Whoopi Goldberg Launches Medical Marijuana Brand for Women in California

Whoopi Goldberg Launches Medical Marijuana Brand for Women in California

Outspoken marijuana supporter Whoopi Goldberg has founded a California medical marijuana company with products geared specifically towards women.

Goldberg co-founded the "Whoopi & Maya" brand with award-winning edibles maker Maya Elisabeth.

Whoopi & Maya will feature four medical marijuana products designed to alleviate menstrual pain and cramps. The brand will feature a tincture, a balm, a sipping chocolate, and a bath soak.

“I want to go nice and slow with this,” Goldberg said to USA Today. “I don’t want this to be a joke to people. It’s definitely not a joke to women.”

Business
Oregon's First Month of Legal Weed Sales Triples Expectations

Oregon's First Month of Legal Weed Sales Triples Expectations

A lot of exciting things happened in the legal marijuana realm this past week, one of which being that Oregon collected a shit load of money from their first month doing recreational business. 

How much is a shit load, you ask? Well, about $3.5 million, which is more than three times the amount of money they expected to collect.

In fact, it did so well, this news may push the revenue distribution date to cities and counties up, which means people will be getting the money they need much, much faster. 

Business
Legal Marijuana Sales Projected to Reach $23 Billion by 2020

Legal Marijuana Sales Projected to Reach $23 Billion by 2020

According to the 4th Edition State of Legal Marijuana Markets Report, legal marijuana sales are expected to reach nearly $23 billion in the next four years. Woah.

The report — conducted by ArcView Market Research and New Frontier, a cannabis data-analysis company — is based upon a variety of factors, including last year’s $5.7 billion in sales and the assumption that major player California will legalize recreational marijuana this November. (Please, God.)

USA Today broke it down with this graphic: