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California

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Nabis has grown from an apartment to the largest distributor in the state

Tucked away among irrigation canals and orchards, a nondescript Central Valley building is home to what is likely the largest collection of cannabis ever assembled. Inside, there is a constant buzz of activity as dozens of workers in reflective jackets unload semi-trucks filled with cannabis and move box carts back and forth across the warehouse floor. It’s like someone took a Costco and swapped the toilet paper pallets for millions of joints, vapes, and cannabis flowers, all packaged and ready to go.

This is a shelter for Nabi, California’s Largest Distributorthrough which 30% of the legal market passes on its way from pot farms to retail. You’ve probably never heard of the company, but if you’ve bought legal marijuana in California, there’s a good chance Nabi has touched it.

While thousands of cannabis companies are dying in California a spectacular collapse of the state’s previous largest distributorNabis has quietly grown into one of the biggest winners in the California cannabis market. The company makes about $100 million a year and is profitable — a rare feat in the world of legal cannabis margins — and recently became the largest distributor in New York. according to CEO Vince Nino.

To read the rest of this article on SF Gate, Click here

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Colorado

Could Colorado Legalize THC Beverages In Bars And Restaurants?

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Could Colorado Legalize THC Beverages In Bars And Restaurants?

Colorado legislators seek to legalize hemp-derived THC beverages in traditional hospitality venues, such as bars and restaurants, despite ​​the impending federal ban.

A bill introduced in the state Legislature on April 16, Regulating Legal THC Beverages, proposes to allow selling THC drinks with low doses of cannabis for adults 21 and older – and outside of the state-regulated cannabis market.

How will THC hemp beverages be regulated in Colorado?

If passed, SB26-164 would allowlicensed alcohol establishments– including bars, restaurants,music venuesand liquor stores to obtain an additional license to serve hemp-derived beverages containing up to 10 milligrams of THC per serving.

These businesses will be prohibited from selling or allowing the use of cannabis.

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

Post Can Colorado Legalize THC Drinks in Bars and Restaurants? first appeared on Marijuana Retail Report – News and information for cannabis retailers.

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cannabis control commission

MA Governor Healey Approves Shakeup Of Mass. Cannabis Laws

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MA Governor Healey Approves Shakeup Of Mass. Cannabis Laws

Massachusetts Gov. Maura Healey signed into law Sunday reforming cannabis regulations and rebooting the Cannabis Regulatory Commission.

Under the legislation, the current Cannabis Control Commission is dissolved immediately and reduced from five members to three, all of whom will be appointed by the governor. Healy now has 30 days to appoint a new commission, which has been riddled with infighting for years. The deadline for signing Healy’s bill, which lawmakers sent to her desk on April 9, expired Sunday. Healy’s office said they “have already begun the process of identifying commissioners.”

“The cannabis industry is an important part of the Massachusetts economy, supporting jobs and local businesses and bringing revenue to cities and towns,” Healy said in a Sunday news release. “It’s important that we do everything we can to make sure that this industry is set up for success and that we remain competitive in this fast-growing market.”

To read the rest of this article on NBC Boston, Click here

Post Massachusetts Governor Healy has approved changes to cannabis laws first appeared on Marijuana Retail Report – News and information for cannabis retailers.

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