Finance

Phoenix business owner Ed Polish scans the cannabis on display at Green Valley Wellness on Thursday in Talent, Ore. Oregon marijuana shops began selling marijuana Thursday for the first time to recreational users. Image: Bob Pennell, The Associated Press, via SeattleTimes.com

Washington State gets competition as Oregon starts pot sales

Hal Bernton ~ Seattle Times ~

Thursday marked Day 1 of recreational-marijuana sales in Oregon. The competition for customers between Portland and Vancouver, Wash., is now officially on.

Finance 02 October 2015

Michael Bloomberg, then Mayor of New York, speaks to the media aboard the amphibious transport dock ship Pre-Commissioning Unit (PCU) New York (LPD 21) in Nov. 2009. Image: U.S. Navy via Wikimedia Commons

All of these CEOs have admitted to smoking marijuana

Daniel Bukszpan ~ Fortune.com ~

Some CEOs characterize it as a youthful indiscretion, while others say they’ve been at it for years. Either way, it’s not career destroying.

Finance 30 September 2015

Sign at Little Grill Collective in Harrisonburg, Virginia during MACRoCk music festival. Image: Artaxerxes via Wikimedia Commons

Can small businesses really cash in on the legal pot boom?

Julie Kliegman ~ TheWeek.com ~

Even as legalization continues to spread, and opportunities in the cannabis industry seem widely available, it can actually be tough for small business owners to cash in on the boom.

Finance 28 September 2015

Hashman Infused marijuana chocolate bars are hand-crafted by a classically trained artisan chocolatier. Photo: Salvador Ingram

Cannabis is on the menu in America - so who will be the Starbucks of marijuana?

Meg Carter ~ Independent.co.uk ~

The change in US cannabis laws has led to a growing market in food and drink laced with the drug, as Meg Carter reports.

Finance 24 September 2015

Willie Nelson performing at the Wellmont Theatre in Montclair, New Jersey, May 2012. Image: joshbg2k via Wikimedia Commons

Willie Nelson and his 'Willie's Reserve' marijuana brand has scored private equity dollars

Craig Hlavaty ~ Chron.com ~

Texas country music legend and pot prophet Willie Nelson has found an investor for his Willie's Reserve private marijuana label.

Finance 23 September 2015

Cannabis bud at a Denver grow facility. Image: WeedWorthy.com

Colorado's marijuana tax revenues nearly double 2014 figures

Scott Keyes ~ The Guardian ~

Legal marijuana tax revenues have been breaking records in Colorado this summer, nearly doubling monthly numbers from last year and on pace to exceed projections of legal sales that bring revenue back to the state.

Finance 22 September 2015

Taylor West, deputy director of the National Cannabis Industry Association, spoke at Nashville NERVE conference showing the latest data on the marijuana industry on Friday, Sept. 18, 2015. (Photo: Shelley Mays/The Tennessean)

Marijuana market: High risk, high reward

Jamie McGee ~ The Tennessean ~

Marijuana is illegal in Tennessee, but when and if the law changes, the business opportunities will be vast — along with the risks.

Finance 19 September 2015

Matthew Lopez, 33, examines marijuana buds with his iPhone light while shopping with his fiance Lizette Ortiz, 26, at The Grass Station in Denver, Co. Credit: Benjamin Rasmussen for The New York Times

Day Without Marijuana Tax Draws Mixed Reactions in Colorado

Julie Turkewitz ~ New York Times ~

DENVER — Some called it Christmas for stoners. Others warned of marijuana anarchy.

Finance 17 September 2015

Colorado Just Became The First State In History To Collect More Taxes From Marijuana Than Alcohol

Jonah Bennett ~ The Daily Caller ~

No state has ever generated more tax revenue from marijuana than alcohol—until now.

Finance 16 September 2015

Customers line up outside one of The Grass Station dispensaries during the Colorado cannabis tax holiday. Image: WeedWorthy.com

Early shoppers line up for tax-free weed in Colorado

Kristen Wyatt ~ Associated Press ~

DENVER (AP) -- Marijuana consumers were taking advantage of a tax holiday in Colorado on Wednesday, with some lining up early for doorbuster-style deals.

Finance 16 September 2015