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Do not think for one second that moving cannabis to Schedule 3 from Schedule 1 has made our favorite plant legal. It’s still anything but. Cannabis IS NOT legal. Yes, medical cannabis might be sort of legal, but that’s not a done deal either. And the DEA is looking at regulations that would make every […]
Do not believe that the rescheduling of cannabis to Schedule III will change much in the cannabis sales or growing spaces. Maybe, just maybe, the IRS will decide that stores that sell both ‘recreational’ and ‘medical’ cannabis will be able to deduct their expenses for the medical side of their business. Maybe not. This is […]
The Myth of THC Many retail cannabis customers believe the potency of pot is the based on the percentage of THC in the flower they’re buying. It’s not. Cannabis is the most chemically complex plant in the world. While it makes a bit of sense to believe that the chemical compound that constitutes the highest percentage […]
This is the second of two articles on the state of Cannabis Retail. Part 1 covered Cannabis Retail Shop Limitations and Operations. This article focuses on the cannabis customer experience. A recent poll of regular users shows that majority of people report getting their cannabis from legal sources (except in California!). But what does […]
Note: This is a rapidly evolving space in many ways and is very difficult keep up with the changes. The shops themselves aren’t evolving, but the circumstances around how they’re forced to operate (ownership, laws, regulations, etc.) are changing daily. And one story effects the other All retail is difficult. Cannabis retail is especially difficult […]
I walk into my favorite cannabis shop (I really don’t have a favorite) to buy a couple of eighths. An eighth costs about $20 a gram (an arbitrary price, but not an uncommon one) so an eighth costs around $70. As I was looking at the buds, I started to think about how much that […]
The cannabis market on the Iberian Peninsula is alive and well…and getting better, albeit slowly. I just returned from a fabulous trip to Portugal and Spain. It was wonderful to easily find several cannabis shops in both countries. It wasn’t that surprising as I was in Italy a few years ago and found cannabis shops […]
2021 will be a fascinating year in the cannabis industry for a myriad of reasons. With a new administration in the US, there will be a lot of changes at the federal level. More states will be legalizing both for medical and recreational marijuana. When the federal government removes the restrictions on pot, research will […]
This is not as weird as it sounds. NJWeedman (real name Ed Forchion) is a cannabis activist in New Jersey. He wants to overturn the ballot initiative that legalized marijuana in New Jersey. He wants this bad enough that he has sued New Jersey to overturn the initiative. It’s not for the reasons you think. […]
Does the cannabis brand in your local dispensary understand you or what you want from your cannabis? Probably not. It’s not just limited to cannabis either. Most brands truly don’t understand their customers. Whether it’s spaghetti sauce or cars, the brands you may love truly don’t understand you. Why? There’s plenty of market research around […]
An Interview with Bud’s Place Founders I met with Bud’s Place franchise founders Mark Cohen and Ron Silberstein in the beginning of July 2020. The pandemic was in full swing when we met and, in Michigan, restaurants were just starting to let people eat inside. It was a warm day and outside seating was full. […]
Can cannabis help women have more and better orgasms? Here’s a fascinating company that is saying just that! Is it true? I don’t know, because I’m a guy. If it is, are men next? Or do the companies in the cannabis market leave men alone because orgasms are easier for them? I don’t have any […]
Here’s where the price of your favorite plant is going. Short story, prices are up. Long story; limited supply. Leafly has provided a good report on the price trends in cannabis. Cannabis is a two crop per year plant in certain climates. In an indoor grow operation, cannabis can be harvested all year long with […]
Some years ago, Scotts Fertilizers, yes the same people who sold you stuff to keep the crabgrass off your lawn, made it clear they were going to direct the marketing of their fertilizers to the cannabis growers in legal markets. There are other companies in this segment the Motley Fool calls ancillary companies for cannabis […]
