Category: Business

Employee Drug Testing Still a Large Money Maker in Legal Markets

There have been many stories in the news in the past several weeks about companies who are no longer testing potential employees for marijuana in their system. With so many jobs needing to be filled, many employers see no point in disqualifying potential workers simply because they have THC in their urine. This is especially true in areas where marijuana laws have been relaxed and regulated legalization has been implemented. But it must be remembered that we are still in the beginning of this process. The amount of companies taking cannabis off their list of substances that are employment...

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Recreational Cannabis in New York Could Be a $3 Billion Market

Back in 2016, market research experts predicted that the legal cannabis industry would earn over $21 billion by 2020. Looking back on that prediction after all of the lucrative advancements made by legal marijuana businesses and entrepreneurs since then, that figure seems fairly conservative at this point. CNBC recently highlighted that sentiment in a story about the predictions made by the New York City comptroller. The comptroller, Scott Stringer, said that legal cannabis in the empire state could be over a $3 billion dollar market, right from the start. “This is a new revenue stream,” Stringer said on the...

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California Insurance Commissioner Approves Coverage for Those Who Lease Space to Marijuana Businesses

Among the many challenges faced by those looking to get into the legal cannabis industry, getting insurance is one of the most important. Anyone who owns a car, home, business, etc. knows just how important insurance coverage is. Since many businesses in or near the cannabis industry can’t get coverage, they are vulnerable to all sorts of calamities that “mainstream” businesses are not. In California, medical marijuana dispensaries have been operating for many years, but companies in the recreational cannabis industry in the state only began operating on or after January 1st of this year. This has brought the...

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Legal Cannabis Sales Could Surpass Soda by 2030

We’ve seen many bold and surprising predictions being made about the future of the legal cannabis industry – including the fact that it is on its way to being worth more than the NFL by 2020. Recently, market researchers made a prediction that likely won’t raise too many eyebrows, but is still promising in many ways. Cowen and Company, an investment firm with a highly respected research department, has said that legal cannabis sales could surpass that of soda by the year 2030. More specifically, the firm reports that they expect sales within the legal cannabis industry to continue...

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Med-X, Inc.’s The Marijuana Times Launches Daily Video News Program

Canoga Park, CA – The Med-X, Inc. management team is proud to announce the launch of The Marijuana Times Show, a daily video show, and Apple podcast. The team at The Marijuana Times continues to present itself as a leading authority in the cannabis industry news sector. The show was developed and launched in order to increase its contributors’ visibility and offer its readers more digital options to stay up to date on everything happening in the cannabis industry. Hosted by cannabis media veteran, Joe Klare, the video show is produced and aired daily broadcasting the most up to...

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