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2018 News Archives

MedMen is Burning Through Cash But Will it Pay Off?

They have 19 licensed cannabis facilities operating in 13 states with imminent plans to expand that to 66 retail outlets, but here’s the catch. . . none of them are profitable. That’s right, in an industry where 90% of legal dispensaries report profitability, and 40% of them can claim profits in excess of $500k+/yr, somehow MedMen’s mids aren’t making money.

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2018 News Archives

In Michigan, Legal Weed & Voter’s Rights Draft Blueprint for Political Success Nationwide

With a substantially higher margin of victory than even the already impressive races at the top of the ticket, clearly cannabis carried some clout into Election Day. But remember, there were two other proposals on Michigan’s ballots that day, and together with weed, they form a blueprint for future electoral success in all points on the political map.

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2018 News Archives

High Times Bails Out Chalice Festival But Who Will Bail Out High Times?

Gemini Finance Corp. reacted to the cancellation of the Chalice Festival in July by foreclosing on a $587,000 loan that they had out to event organizers. Sensing blood in the water, the sharks at High Times swooped in and gobbled up a $560,000 debt to purchase the rights to the future of the Chalice Festival. Yep, High Times now owns Chalice…sort of…

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2018 News Archives

These Four States Vote on Cannabis Legalization Tomorrow

Tomorrow is Election Day in America and the stakes surrounding the results of races for the Senate and Congress all the way down to your local representatives couldn’t be higher. Voting is a fundamental right of being an American, and your vote absolutely matters. These four states vote on cannabis legalization tomorrow – here’s what you need to know.

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2018 News Archives

Will the Latest Round of Proposed Regs Create an “Extinction Event” for Edibles in California’s Legal Market?

The BCC is receiving commentary through November 5th on this issue, and all issues raised by this final set of proposed regulations. Many beneficial changes to these proposed regs have come about thanks to the tireless work of cannabis advocates like you reaching out to the BCC and offering your perspectives. By the end of this year, your voice on this issue may be silenced so if you want to speak up do it now.

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Beard Bros Media

Beard Bros Media, a division of Beard Bros Pharms, is a media company, news publisher and one of the leading California-based online news outlets for professionals, cultivators, manufacturers, dispensary owners, retailers, brands, operators and consumers in the cannabis industry in the United States. This news site, through education, awareness, and advocacy, reports on the latest cannabis trends, culture, community news, state-wide industry news and educational content.

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