Colorado logs $106M in recreational cannabis sales in March
Colorado’s recreational marijuana sales set a new monthly high in March. The state’s cannabis retailers sold $106 million in flower, edibles and concentrate for adult-use purposes during March, according to data released Wednesday by the Colorado Department of Revenue. In total, the shops tallied up $135.2 million in sales... Read more
What’s that smell? California flower town’s shift to pot creates stink
CARPINTERIA, Calif. — This picturesque coastal town cradled by mountains and sandy shores is a scene out of a Southern California postcard. Residents of Carpinteria say they feel lucky to live in what they consider a slice of paradise. But change is in the air. And sometimes, they say,... Read more
Resonant Inc Stock: Early-Stage Mobile Play Could Pay Off With Big Gains
iStock.com/spainter_vfx Resonant Is an Intriguing Early-Stage Mobile Technology Play The technology space continues to power ahead this year, with the Nasdaq looking to defend its title from 2017. Much of the momentum in technology has been driven by the large brand-name technology stocks. But hidden in the background are... Read more
Azure Power Stock: Why This Solar Stock Could Be Set for Big Gains
iStock.com/suman bhaumik Azure Power Global Benefits From Hot Indian Weather The White House appears somewhat oblivious to the importance of alternative green energies, but that is because the country has ample power sources. Now, if you go to the emerging markets, including many of the poorest regions in the... Read more
Marijuana News Today: Tilray Stock Continues to Fall Despite Upcoming Marijuana Legalization
iStock.com/VladK213 Marijuana News Today This is not the ideal start to the week for the pot sector, with the marijuana news today showing severe dips in Tilray Inc (NASDAQ:TLRY) and Cronos Group Inc (NASDAQ:CRON), as well as a moderate pullback in the overall marijuana stock market. Although Tilray stock and Cronos stock... Read more
Marijuana growers turning to hemp as CBD extract explodes
SPRINGFIELD, Ore. — A glut of legal marijuana is driving Oregon pot prices to rock-bottom levels, prompting some nervous growers to start pivoting to another type of cannabis to make ends meet — one that doesn’t come with a high. Applications for state licenses to grow hemp — marijuana’s... Read more
Denver marijuana tech firm Baker gets scooped up in four-way merger, with IPO planned
Baker Technologies Inc., a Denver-based developer of software for cannabis businesses, has drafted a seemingly simple recipe for success: strength in numbers. The startup that started out with desires of being a consolidator — acquiring and integrating other cannabis-centric technology firms — will itself be folded into a larger... Read more
BDS Analytics, a Boulder-based cannabis data leader, lands $3.5 million investment
Boulder’s BDS Analytics, a leading data repository for the cannabis industry, just landed a cash infusion to fuel its ambitions of national and international expansion. BDS received $3.5 million to build up its sales and development workforce in Michigan, New England and Canada -places that have legalized recreational marijuana... Read more
Los Angeles for tourists: Hollywood, beaches — and pot?
By Marjorie Miller, The Associated Press WEST HOLLYWOOD, Calif. — Recreational marijuana sales became legal in California this year, and the industry is targeting tourists as well as locals, with tours, shops, lodging and ads. “Just seconds from LAX,” says an ad for the MedMen chain . Yep, there... Read more
Women look to make mark on male-dominated marijuana industry
JUNEAU, Alaska — When Danielle Schumacher attended her first convention of marijuana activists about 15 years ago, she could count on one hand all the women in a room of older men. The lack of diversity struck the then-college student, who remembers feeling out of place but also determined... Read more
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