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“I continue to support the creation of a retail market for marijuana”

Virginia Gov. Abigail Spanberger would rather abandon legal retail sales than jumpstart a $1 billion cannabis market that could be in trouble.

Concerns about a “rushed” launch that could repeat the “mistakes of other states” – plus the belief that Virginia was going to allow too many stores – convinced the governor scrap plans to finally start to the sale of adult cannabis, she said Wednesday at an unrelated event.

“I continue to support the creation of a retail market for marijuana,” said the governor, who emphasized that the market must also be “long-lasting.”

Concept that between July and January we will be able to get all the traffic rules in place for the legal recreational marijuana market and open the doors to sales in January is a rushed deadline, Spanberger said.

To read the rest of this article on MJ Biz Daily, Click here

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A New York Apple Orchard Bet The Farm On Cannabis

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A New York Apple Orchard Bet The Farm On Cannabis

As the truck pulls up to the loading bay of a warehouse at a 1,000-acre apple farm in Lafayette, New York, a worker rolls back the door to the loading area, revealing 35 three-foot-tall sacks filled with 5,000 pounds of weed.

Eddie Brennan, the 44-year-old president and CEO of Beak & Skiff Farms, known for its 1911 hard cider brand, and CEO of Ayrloom, the Empire State’s top-selling cannabis company, watches as his employees haul bags of cannabis to the door of the extraction lab. Today’s harvest will be crushed and then put through an ethanol extraction process (the ethanol comes from a nearby distillery) and made into a vape. Entering the legal cannabis industry was a risk, but Brennan’s family business, which has historically depended on seasonal apple sales for 80% of its revenue, needed to expand into the fast-growing sector.

“Every generation thinks they’re going to lose it—the fear is part of the business plan,” says Brennan, a fifth-generation co-owner of the family farm. “Nothing lasts forever and you have to constantly evolve.”

To read the rest of this article on Forbes, Click here *PAYWALL*

Post A New York apple orchard has become a cannabis farm first appeared on Marijuana Retail Report – News and information for cannabis retailers.

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“No One Goes First”

Amsterdam-style lounges with cannabis are still coming to Massachusetts — just much more slowly than many business owners expected.

Six months have passed since the day of the commission on the fight against hemp approved regulations for these businesses. But the cities almost did not pass zoning changes for businesses to move forward – and the commission hasn’t opened up licenses for applications. Both the municipalities and the commission say they are waiting for others to move forward.

Meanwhile, businesses across the state are losing money as they wait for the opening. Many have spent tens of thousands of dollars renting, renovating and planning new public smoking areas.

To read the rest of this Boston Globe article, Click here

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