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Innovative Industrial Properties (IIP) and Atlanta-based multistate marijuana operator Parallel have struck another sale-leaseback deal. The San Diego-based real estate investment trust (REIT) said it has closed on a transaction valued at up to $67.8 million to purchase a cultivation and processing facility owned by Parallel in Pittsburgh and to fund improvements to the facility. …

Marijuana REIT to invest $67.8 million in Pennsylvania facility Read More »

Hexo Corp. entered purchase and sale agreements for a 50,000-square-foot cannabis production facility in northern Colorado, marking a step forward for the Canadian producer’s U.S. ambitions. Hexo’s first facility in the United States involves a wholly owned U.S. subsidiary, according to a Friday news release. The facility “is zoned for production of a full range …

Canadian cannabis producer Hexo to enter US with Colorado facility Read More »

In a historic vote, Minnesota House lawmakers approved an adult-use marijuana market, but the state Senate is unlikely to consider the measure before the legislative session ends May 17. House lawmakers voted 72-61 in favor of the bill, HF 600, after five hours of debate late Thursday. The measure includes provisions such as training and …

Minnesota House OKs adult-use marijuana; Senate passage unlikely Read More »

The insanity of the war on drugs needs to stop. Sixteen states and the District of Columbia have legalized marijuana for adult recreational use. Roughly 40% of Americans live in jurisdictions where some form of marijuana use is legal– that’s over 130 million people. Marijuana companies trade on stock markets. Former Congressman John Boehner, once …

Marijuana Reform: Free Allen Russell Read More »

From McDonald’s to Marriott, from Subway to Century 21, franchise businesses are as American as apple pie. In the U.S. marijuana industry, however, retail franchising has yet to take off on a national scale. Now, as a new group of franchisers enters the industry, the stage is being set for potential growth in franchised cannabis …

Marijuana retail franchisers eye national franchises despite hurdles Read More »

For the past four years, the Thai government has been making legislative reforms to build a market for medical cannabis. With the potential to reap significant economic benefits and help patients in need, the question remains — will the government prioritise profits or patients? Although those two objectives are not necessarily mutually exclusive, it is …

Can Medical Cannabis In Thailand Balance Profits And Patients? Read More »

The state of Washington has a booming cannabis market. It’s among the most mature in the country, and sales continue to rise. That said, market concerns remain and range from excise taxes to a lack of diversity. If the state intends to continue moving forward, these issues need to be addressed. Washington’s Market Booms As …

Washington’s Cannabis Market: What Investors, Entrepreneurs Need To Know Read More »

In other words, herming is the term used to describe the natural conversion of female plants to hermaphrodites. In this event, female plants can self-pollinate their own seeds as well as the seeds of other feminine plants around them. Female plants do not turn into male parts, neither do they lose their pistils. Instead, they …

What is Herming? – How Female Cannabis Plants Turn Male Read More »

That’s right, unlike in the city where there is a concentration of other humans, when you’re in the wild – you have to be kind because these are most likely the people who will save you if something goes wrong. In the same spirit of wilderness walking – Reefering a friend is your contingency plan …

How and Why You Should ‘Reefer a Friend’ in 2021! Read More »

There is no international system of naming cannabis products. The name of a product is up to the breeder and the marketing agency in charge of promoting the product. The most common method being used by breeders in the country now is that a name is crafted by combining the names of the parent strains. …

What Do the Marijuana Strain Names Used in Your Cannabis Products Tell You about the Product? Read More »