Franchise Wire: Bud’s Place Franchising announces collaboration agreement with Status Group International

Cannabis consumption lounge plans national expansion from the Franchise Wire Editorial staff Bud’s Place Franchising, LLC, (Bud’s) a start-up franchisor of social cannabis consumption lounges, announced a Collaboration Agreement with Status Group International Corporation (SGIC). Under this Agreement, SGIC will help Bud’s accelerate its growth and ultimately aid in its expansion worldwide. “We are excited […]

Is A Cannabis Consumption Lounge Franchise in Your Future?

Cannabis consumption lounge franchises are on the rise

A cannabis consumption lounge franchise could be just the ticket for you to enter a $30 billion industry!

For some entrepreneurs, entering the cannabis industry is a difficult proposition: start-up costs range from tens of thousands to millions of dollars, and many banks refuse any business ties to marijuana.

New entrants to the cannabis market may have challenges understanding all of the complex regulations.

For many prospective owners, the entry barrier is just too high.

Ohio set to vote on legalization in 2022

Ohio stands poised to join the growing list of states legalizing recreational cannabis.

The Ohio attorney general on Friday, August 20 certified a petition to legalize marijuana. Activists will be attempting to put the measure on the state’s 2022 ballot.

The Cannabis Consumption Lounges Are Coming!

Consumption lounges on the rise

It’s happening right in front of you. And it looks like there’s no stopping it. City after city is warming up to the idea of opening cannabis lounges, with many pushing for legislation to allow establishments where people can enjoy marijuana products. In places like Ann Arbor, MI and Las Vegas, NV. New York state also included cannabis club […]

Insurance: Getting ready to 10X in Cannabis Sector

Insureance in the cannabis industry is set to explode

The insurance industry is about to explode with cannabis legalization.
As Congress inches closer to legalizing cannabis at the federal level, companies are bracing themselves for what could be as big as a ten-fold increase in sales as part of the booming $17.6 billion-a-year market.

Recreational Marijuana Consumption Lounge Growth Continues

  Cannabis consumption lounges are the new hot ticket in recreational marijuana use Recreational marijuana use is now legal in most of the United States. This has led to an increase in cannabis consumption lounges that are focusing on cannabis-friendly spaces to cater to those who wish to partake. The cannabis market remains robust as […]

Nevada legislature passes Social Consumption Lounge bill on final day of session

Consumption Lounge

Social Consumption Lounge bill PASSES! On the very last day of this year’s Nevada Legislative session, the Nevada Senate passed a bill that was long in coming. AB341, sponsored by Assemblyman Steven Yeager, authorized the establishment of consumption lounges in Nevada.     Its has been a major piece missing from Nevada’s cannabis law, which […]

Will the Third Try be the Charm for New York’s Adult-Use program?

New York and cannabis have a history together. In the late 1800’s, two groups were known to be using the herb for non-medical use. White intellectuals at the universities and culturally in the literary circles, and the Black and Caribbean populations. Cannabis, Harlem and the Jazz Age In the 1920’s Harlem was the center of […]

Cannabis was a bright spot in a dark year

Face it. 2020, in general, sucked. It was the lousiest of lousy years in many aspects. The emergence of the COVID virus, and a botched government response forced almost 100 thousand small business to close permanently. Decisions made to shut down the economy to force people to stay home also created massive unemployment. At years […]