Tax revenue collection from retail marijuana sales in Colorado, Oregon, and Washington is exceeding initial projections, according to a new report published by the Drug Policy Alliance. Marijuana-related tax revenue in Colorado totaled $ 129 million over the 12-month period ending May 31, 2016 – well exceeding initial estimates of $ 70 million per year, the report […]
Montana Court Limits Commercial Sales of Medical Marijuana
The Montana Supreme Court ruled Thursday that medical marijuana providers should be paid for their services, but it clamped down on commercial sales of the drug by limiting providers to no more than three patients each. The court's decision upheld …
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New Colorado bill would create guidelines for organic marijuana
“This is going to be the Whole Foods version of cannabis,” said Jonathan Singer, a Democratic state representative sponsoring legislation to establish state-approved organic pot. “This is just the next natural step in making sure marijuana is treated …
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Orem, Utah (PRWEB) July 08, 2014
ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading provider of nutritional foods and other healthy products, announced today that June 2014 revenue exceeded June 2013 sales by more than 300%.
“During June 2014, we had another record sales month,” said Jack Eldridge, CFO. “We remain on track to meet or exceed our previously announced revenue guidance of $ 13 – $ 15 million. While many companies are experiencing sluggish sales during the summer months, we continue to grow our revenues for the summer and the remainder of 2014. We are very pleased at how our company message is being received in the market place.”
ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe, Asia and South America, including their new global offerings, PowerStrips and SolarStrips. They also offer Azul and FrequenSea(TM) whole-food beverages with industry exclusive Marine Phytoplankton, the Versativa line of hemp-based whole-food products, Immune Support, Weight management products, Pulse-8 powdered L-arginine formula, TRUessence(TM) Essential Oils and Apothecary, 24Karat Chocolate(R), and an entire catalog of meals, snacks, household cleaners and personal care products. http://www.forevergreen.org
This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are “forward-looking statements” and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include among others, certain risks associated with the operation of the company described above. The company’s actual results could differ materially from expected results.
Bellingham, WA (PRWEB) August 08, 2014
On August 6th, Top Shelf Cannabis in Bellingham, WA made history as the first retailer in the state’s recreational marijuana market to sell edible and concentrated products to consumers. With several news networks in attendance and a long line of eager customers outside, Top Shelf was set to receive their first delivery of non-flower products at 10:00 pm, and had committed to staying open until midnight (the latest allowable hour to sell cannabis products in Washington’s legal market) to serve those who had come to participate in the historic event.
As 10:00 p.m. came and passed, and the products had still not been delivered, the news media in attendance were forced to pack up and leave in order to meet their broadcast deadline before the first transaction was made. Luckily, representatives from Ganjapreneur, a cannabis industry media start-up, were also there to document the occasion. The delivery finally arrived at about 10:40 p.m., giving the major networks just enough time to film the products being unloaded and sorted before hurrying out the door to meet their deadline. Ganjapreneur’s film crew stayed at Top Shelf the rest of the evening to document the experience, and uploaded the footage to their website and YouTube channel on Thursday.
The edible products that were sold on Wednesday were savory snacks, including infused trail mix and nut clusters made by Green Chief, a processor licensed by Washington State which will also be providing edibles to several other retail stores in the region. There was also a pre-loaded vaporizer system that sold for close to $ 100 per unit, manufactured by Rif, another state-licensed processor.
Last month, Top Shelf Cannabis also made history as the first retailer to sell cannabis flowers in the legal market on July 8th. Since then, the store has received several shipments of flowers that have quickly sold out. Within the next week, Top Shelf is expecting a shipment of 50 pounds of cannabis flowers that they hope will allow them to operate continuously until the next shipment without limiting the purchases of their customers.
Ganjapreneur is a website dedicated to keeping aspiring “ganjapreneurs” up to date on the latest business news and developments in the recreational cannabis, medical marijuana, and industrial hemp industries. The website publishes original articles as well as curated news from around the web, and also conducts in-depth interviews with established business owners.
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U.S. hemp product sales are growing fast. The Hemp Industries Association (HIA; Summerland, CA) estimates 21.2% retail sales growth in 2014 for hemp food and body care products, putting the 2014 total at $ 200 million. If other hemp-based products are …
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Second annual Hemp Expo comes to Loveland on Saturday
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Pleasant Grove, Utah (PRWEB) December 05, 2014
ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading direct marketing company and provider of health-centered products, announced today that November 2014 revenue exceeded November 2013 sales by more than 190%.
“Last year the company saw a decline in sales from October to November. We are pleased to report November 2014 revenues stayed consistent with last month, again exceeding $ 5.8 million. The company remains on track to report a new record in quarterly sales and expects to finish the year within the guidelines of the most recent guidance of $ 56-60 million. We have had a tremendous year of growth and expect to see that growth continue during 2015. We expect to issue 2015 guidance shortly, but preliminary projections are indicating revenue growth for next year to exceed 50%. Along with the growth in number of new members and new logistical delivery solutions, as well as new products, we believe ForeverGreen will continue to have a positive impact all over the world,” said Jack Eldridge, CFO.
ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe, Asia and South America, including their new global offerings, PowerStrips, SolarStrips and BeautyStrips. They also offer Azul and FrequenSea(TM), whole-food beverages with industry exclusive marine phytoplankton, the Versativa line of hemp-based whole-food products, immune support and weight management products, Pulse-8 powdered L-arginine formula, TRUessence(TM) Essential Oils and Apothecary, 24Karat Chocolate(R) and an entire catalog of meals, snacks, household cleaners and personal care products.
This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are “forward-looking statements” and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The company’s actual results could differ materially from expected results.
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Berkeley Tells African-American Cannabis Collective to Shut Down
But the decision, which came almost four years after Berkeley officials first told its co-founder, Chris Smith, that his cannabis collective was operating illegally, may not be the last word on the operation. Lee Hepner, Smith's attorney, said before …
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Cumbrian woman hid cannabis in loft for drug dealer
They conducted a search of the premises, and quickly found evidence that linked her to the cannabis trade – including clear plastic snap bags, digital scales in the kitchen, and two pieces of paper which appeared to be a debtors' list with names …
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