sales

  1. Ron Strider

    Trump Administration Taking Step That Could Threaten Marijuana Legalization Movement

    The Trump administration on Thursday will free federal prosecutors to more aggressively enforce marijuana laws, effectively threatening to undermine the legalization movement that has spread to six states, most recently California. The Justice Department is expected to rescind an Obama-era...
  2. Ron Strider

    NJ: Weed Ban Coming To Seaside Heights, Other Shore Towns

    Ocean County is quickly becoming New Jersey's biggest holdout in the legalization of marijuana. Berkeley Township council members on Monday introduced an ordinance that would prohibit any business that sells marijuana — medicinal or recreational — or weed paraphernalia. The 56-square-mile...
  3. Ron Strider

    NV: Recreational Marijuana Sales Begin In Carson City

    Quietly and a little under the radar, recreational sales of marijuana began in Carson City January 1, 2018. There was very little fanfare, no long lines and the two stores in Carson City opened at their normal times. At Rise, it was business as usual, just with a slight uptick in customers...
  4. Ron Strider

    New Reports Rank Summit County 10th In Colorado's Recreational Marijuana Sales

    A newly released state data dump shows that little ol' Summit County stands second-to-none among its Colorado High Country peers – and 10th overall across the state – when it comes to recreational marijuana retail. The Cannabist, a marijuana-focused publication by The Denver Post, first...
  5. Ron Strider

    Maine Lawmakers Optimistic That Disagreements On Marijuana Bill Can Be Resolved

    Key lawmakers will meet with Gov. Paul LePage on Friday to try to reach agreement on how to change an adult-use marijuana bill so it would gain his support. Members of a special committee that drafted the bill after state voters approved legalization in 2016 said they were optimistic that...
  6. Ron Strider

    CA: Here's Where To Buy Legal Pot In The Valley After Jan. 1 - And How It Will Work

    For the first time in more than 100 years, it will be legal in California to buy marijuana for recreational use. But that doesn't mean it will be easy to find — especially if you live in the central San Joaquin Valley. State licenses for recreational sales will kick in on New Year's Day...
  7. Ron Strider

    CA: San Diego's Marijuana Tax Will Be A Windfall, But Officials Wonder How Big

    San Diego expects to get a windfall of new revenue from the city's tax on recreational marijuana sales that begin Jan. 1, but officials concede they are taking guesses at how many millions per year the tax will generate. Estimates presented to the City Council this month predict $5.5 million...
  8. Ron Strider

    CA: Los Angeles Businesses May Wait Weeks For Legal Weed Licenses In 2018

    The city won't begin accepting applications to sell legal recreational pot until Jan. 3, officials say. California kicks off recreational sales on New Year's Day, becoming the largest state in the nation with legal marijuana. But Los Angeles officials announced Friday that dispensaries in...
  9. Ron Strider

    Breaking Down The Regulatory Differences Between West Coast Cannabis Markets

    The West Coast is looking mighty green these days. As of Jan. 1, 2018, when California joins the growing list of states with legalized recreational cannabis markets, adults 21 years and older will be able to legally purchase, possess and consume marijuana from the Arctic Circle all the way down...
  10. Ron Strider

    5 Reasons Marijuana Stocks Were On Fire In 2017

    Though most eyes were transfixed on the astronomical rise of cryptocurrencies this year, among traditional equities it was marijuana stocks that really impressed Wall Street. Of those pot stocks with a market cap of $200 million or higher, a majority have at least doubled in value this year...
  11. Ron Strider

    Mexico To Legalize Marijuana-Based Product Sales Next Year

    Mexico will legalize sales of marijuana-based medicines, foods, drinks, cosmetics and other products early next year, its health regulator said on Wednesday, bringing some forms of cannabis into legal commerce even as the country struggles with the illicit drug trade. Mexico legalized the...
  12. Ron Strider

    Nevada Recreational Marijuana Sales Soar To Nearly $38M In October

    Nevada's budding recreational marijuana industry posted its highest monthly sales totals yet in October, topping $37.9 million. The state Department of Taxation on Wednesday released the October figures, the fourth full month of recreational sales. Recreational and medical marijuana sales...
  13. Ron Strider

    These Canadian Marijuana Stocks Have Grown Sales By More Than 1,200% Since 2015

    There's a very good reason the legal marijuana industry has been referred to as the "green rush" -- it's making marijuana-stock investors a lot of money. Far more pot stocks than not have had their valuations double or triple over the past year. The catalysts behind this bullishness are a...
  14. Ron Strider

    This Colorado City Declined To Allow Pot Sales. Now It's Having Second Thoughts

    At the two malls in town you can buy key chains and Christmas ornaments shaped like marijuana leaves. Along a downtown shopping corridor, paintings of cannabis plants grace storefront windows. Even Kmart stocks its shelves with T-shirts and mugs decorated with the signature green leaf and...
  15. Ron Strider

    Marijuana Stocks Continue To Grow Ahead Of California's Planned Legalization

    Marijuana stocks powered to new highs on Tuesday, as investors rallied behind the planned legalization of recreational cannabis in California next month. Marijuana Index Rises Again The closely watched North American Marijuana Index rose 5.5% on Tuesday to close at 189.58, which was enough...
  16. Ron Strider

    CA: Cities And Counties Face Pot Holes On Road To Cannabis Legalization

    On the eve of California's big new experiment with legal cannabis sales, cities and counties are becoming a kaleidoscopic landscape as they race to enact laws by the start of the new year that reflect their hopes and fears. Will there be a flood of tax revenue from cannabis to fix potholes...
  17. Ron Strider

    CA: By Legalizing Recreational Marijuana Sales, LA Will 'Set Tone For Rest Of Country

    Los Angeles is well on its way to legalizing recreational marijuana after the City Council unanimously approved Wednesday a framework to regulate sales of the drug. Once signed into law by Mayor Eric Garcetti, the new rules will make LA the largest city in the nation to allow the growth and...
  18. Ron Strider

    CA: Los Angeles Moves Toward Legal Marijuana Sales

    In March, Los Angeles voters endorsed a plan to bring order to the city's long-unruly marijuana market while clearing the way for recreational sales to begin next year, making L.A. the biggest city with legal pot sales in the country. But it's taken months to work out the fine print. On...
  19. Ron Strider

    Legal Marijuana Sales Are Expected To Hit $10 Billion This Year

    Sales of legal cannabis in North America are growing even faster than experts predicted they would. A new report from Arcview Market Research says retail cannabis sales will jump 33% over 2016's totals to hit $10 billion this year. That's a faster pace than the group had previously predicted...
  20. Ron Strider

    New Study Says Marijuana Legalization Reduces Alcohol Use

    Back in 2009 I wrote a piece for the magazine about marijuana legalization. One of the things I learned is that a key question about the effect of legalization is whether marijuana and alcohol are substitutes or complements. If alcohol and marijuana are substitutes, it means that higher sales...