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  1. Ron Strider

    States Consider Best Ways To Legalize Recreational Marijuana

    A special legislative commission is looking into the potential effects of legalizing recreational marijuana in Rhode Island as the state's northern neighbor readies to allow recreational marijuana sales. Bills to legalize and tax recreational marijuana in Rhode Island have stalled in previous...
  2. Ron Strider

    Rolling Out Legal Weed Comes With A High Price Tag For Canada

    Enforcing Canada's new legalized marijuana comes with a high price tag. The federal government will spend C$546 million ($426 million) over the next five years to implement its new cannabis laws, according to the latest budget forecast. Agencies such as Heath Canada and the Royal Canadian...
  3. Ron Strider

    Marijuana Sales Surge 24 Percent In Nevada During Second Month Of Legalization

    Nevada's legal pot shops sold roughly $33.5 million worth of recreational marijuana products in August, the state Department of Taxation revealed Monday, an increase of nearly 24 percent compared to July, the first month of retail weed sales. Nearly a year after Nevadans voted to legalize...
  4. Ron Strider

    Nevada Recreational Marijuana Sales Reach $33M In August

    Nevada dispensaries sold more than $33 million in recreational marijuana and the state pulled in nearly $5 million in total taxes in August, according to numbers released by the Nevada Department of Taxation Monday. That's up from the $27 million in sales and $3.7 million in taxes in July...
  5. Ron Strider

    MA: Pot Moratoriums Spread As Locals Wrestle With Legal Weed

    More than 100 Massachusetts cities and towns have imposed bans, moratoriums or other limits on marijuana shops since voters legalized the drug for recreational use last year, opening up a new battlefront in the debate over legal weed. Nearly two dozen communities north of Boston – including...
  6. Ron Strider

    This Marijuana Stock Could Be The Biggest Comeback Story Of 2018

    Insys Therapeutics is one of the most hated biotech stocks on the market today. That's the case, at least, if you use short interest as a proxy for how much investors hate a given stock: A whopping 40% of Insys stock's float is sold short. There is a laundry list of reasons why Insys has...
  7. Ron Strider

    MA: North Andover Selectmen To Discuss Marijuana Sales

    The Board of Selectmen will discuss whether to allow the sale of marijuana for recreational use Monday evening. Phil DeCologero, chairman of the selectmen, said the board will not take a vote on the issue at that time. Massachusetts voters approved the legalization of recreational pot last...
  8. Ron Strider

    Colorado Marijuana Sales Already Top $1 Billion in 2017

    Colorado marijuana sales continue to hit new milestones, surpassing $1 billion in sales two months earlier in 2017 than they did in 2016, according to tax-revenue data from the Colorado Department of Revenue. Totaling retail and medical marijuana sales tax from sales largely made through August...
  9. Ron Strider

    Next Frontier Biosciences Expands Ranks With New Regional Sales Manager

    Growing biotech company strengthens sales team, prepares for product launch. DENVER (October 11, 2017) – As Next Frontier Biosciences prepares to launch its Verra Wellness line of purified cannabinoid products in November, the Colorado-based biotech company has enhanced its experienced sales...
  10. Ron Strider

    CA: New Cannabis Taxes Begin January 1, 2018

    If you 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...
  11. Ron Strider

    MA: Town Meeting To Settle Issue Of Marijuana Ban

    State legislators, apparently attempting this summer to make it easier for community leaders to prevent marijuana stores from opening within their borders, may have actually established a system whereby cities enjoy an easier path to a ban than small towns like Stoneham. On Monday night...
  12. Ron Strider

    Most Bay Area Cities Won't Allow Recreational Marijuana Sales In January

    Memo to all you Golden State tokers: Your dreams of buying recreational pot in California after New Year's Day are hazy at best. It's become clear in recent weeks that most cities around the Bay Area, as well as the rest of the state, will not be ready to permit recreational cannabis sales...
  13. Ron Strider

    Legal Pot Sales In Nevada Projected To Raise $120 Million In Tax Revenue

    Sin City–and other areas of Nevada–are raising some serious cash with their latest vice. July was the first month of legal recreational marijuana sales in the state, which has just announced the tax impact. All totaled, medical and recreational cannabis sales generated $3.68 million in tax...
  14. Ron Strider

    Maine Panel Divvies Up Tax Revenue From Sales Of Marijuana

    A Maine legislative panel agreed Thursday on how to divvy tax revenue from recreational marijuana sales after putting the kibosh on drive-thru sales, internet sales and home delivery. The Joint Select Committee on Marijuana Legalization Implementation wants to provide 5 percent to towns that...
  15. Ron Strider

    OR: Council Again Turns Down Recreational Marijuana Sales

    The often rancorous battle over recreational marijuana sales in Brownsville will continue, at least for a while. On a 4-3 vote Tuesday evening, members of the City Council upheld a Planning Commission decision to deny the sale of recreational marijuana at the Green Cross medical marijuana...
  16. Ron Strider

    ME: Proposed Marijuana Rules Would Let Adults Buy Online And At Drive-Thrus

    Maine may make purchasing an ounce of marijuana almost as easy as buying a six-pack of beer. Proposed adult-use cannabis regulations from the Legislature's marijuana committee would allow licensed retail stores to sell pot from drive-up windows and over the internet. Like any other...
  17. Ron Strider

    Committee Proposes 20 Percent Sales Tax On Recreational Marijuana

    Mainers could pay a 20 percent sales tax on purchases of recreational marijuana if a bill proposed by the Legislature's marijuana implementation committee becomes law. The tax is double what was proposed in a ballot initiative approved by voters last year. But it's similar to the effective...
  18. Ron Strider

    2 Marijuana Stocks Growing Annual Sales By More Than 200%

    While no industry is perfect, if you've purchased marijuana stocks at some point over the past year, you're probably seeing green right now. Of the 14 largest marijuana stocks by market cap, the average gain among them over the trailing 12 months is a better than 100% return. Why such love...
  19. Ron Strider

    Legal Marijuana Is Not Staying Where It's Supposed To In The US

    In 2012, voters in the US states of Colorado and Washington approved ballot measures that legalized the recreational sale of marijuana. The US federal government responded to this legalization in 2013 through the "Cole Memo." The memo, written by then deputy attorney General James Cole explained...
  20. Ron Strider

    CA: As L.A.'s Marijuana Market Explodes, A Snapshot Of The New Pot Buyer Emerges

    New figures from marijuana business analysts confirm that Los Angeles will continue to be an American cannabis market without peer as legal recreational sales begin in January. New Frontier Data and delivery platform greenRush today released a new analysis of expected statewide marijuana...
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