Category Archives: Washington State Medical Cannabis Business & Marijuana Legal News

Lack of cannabis tracking data in WA sparks confusion, missed business opportunities

A dearth of comprehensive price and sales data and incorrect figures about marijuana commerce have sowed confusion among cannabis businesses in Washington state since regulators rolled out a new traceability system more than a year ago. Cannabis analytics companies that long relied on the data have watched their revenues shrink. Also, the lack of market […]

Washington state regulators approve new rules for marijuana edibles

After months of back and forth with cannabis-infused products makers and MJ trade associations, the Washington state Liquor and Cannabis Board approved new packaging, labeling and product design regulations for edibles. The rules: Designate approved colors and shapes for edible products. Specify approved font, background and accent colors for edible packaging and labeling. Provide guidelines […]

Exclusive: Report finds Washington state rushed into launching marijuana tracking system, fixes needed

An independent report commissioned by Washington marijuana regulators found the state and MJ Freeway were forced to rush out a new cannabis seed-to-sale traceability system earlier this year despite technical problems that cost MJ businesses tens of thousands of dollars in lost sales. The study, performed by a leading tech and research consultancy and obtained […]

Earnings highlights: Hedge fund billionaire Leon Cooperman bets on cannabis; two firms deliver solid Q2 results

Share prices at cannabis firms Green Thumb Industries and Tilray are on the rise after solid second-quarter performances – and mainstream investors are taking note, with at least one hedge fund billionaire throwing his support behind the industry. The two businesses reported their first earnings as newly public companies after the markets closed Tuesday. Here’s […]