Reprinted with permission from Ad Age. Creativity is all about problem-solving, and few problems are as frustrating to cannabis advertisers as being unable to advertise when and where they want. This week, we saw a clever solution to that dilemma from a Canadian cannabis brand. For whatever reason, the cannabis …
Tag: Investing
Native tribe to open first cannabis shop in North Carolina
North Carolina – one of the few remaining states in the U.S. that has yet to legalize medical or recreational marijuana – is about to get an operational weed store anyway, courtesy of the Eastern Band of Cherokee Indians. The Native American tribe plans to launch recreational cannabis sales on …
Washington lawmakers consider allowing cannabis waste to be used in ‘hempcrete,’ other goods
Washington state lawmakers recently approved a bill to let marijuana companies sell their bio-waste for non-intoxicating commercial purposes, such as “hempcrete,” a slang term for construction bricks made from cannabis fibers. The measure, Senate Bill 5376, would allow licensed marijuana growers to sell leftover marijuana plant product with 0.3% THC …
Despite prospect of tax savings, MSOs express mix of hope, skepticism on rescheduling
The prospect of federal cannabis rescheduling is on everyone’s minds. Last week, two Chicago-based multistate operators, Green Thumb Industries (CSE: GTII) (OTCQX: GTBIF) and Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) addressed the issue in conjunction with their annual financial reports. While GTI reported net income in 2023 of …