Subscribe to Entrepreneur for $5
Subscribe

This Week in Weed: South Korea Legalizes Medical Pot!

South Korea 'goes green', Massachusetts spends on weed, and Vegas projects cannabis lounges!

By

Welcome to Green Entrepreneur's video recap of the cannabis news you might have missed this week, hosted by our cannabis correspondent Conrad Martin.

South Korea becomes the First East Asian Country to Legalize

South Korea's National assembly approved an amendment to the country's Narcotics Control Act - allowing medical cannabis oil to be imported and sold. The move makes South Korea the first east asian country to legalize cannabis. Import and sale could begin in the first half of 2019

Related: South Koreans Can't Get High?! (Week in Weed 8/31)

Massachussetts stoners spend $2M during first week of rec sales

During the first week of legalized recreational cannabis sales in Massachusetts, consumers spent $2 million dollars on cannabis and cannabis products. Two dispensaries reported revenues of $480k on black friday alone. And I thought I spent too much money on bud.

Related: Massachusetts May Leap Ahead on Cannabis Cafes

Las Vegas may open pot lounges in 2019

Nevada state legislator, Tick Segerblom, is pushing to open up pot lounges in Las Vegas. Not that I would ever ask why, but Segerblom's goal in opening the lounges is to get cannabis out of Vegas hotels, casinos, and streets. 

Related: You Can't Smoke Marijuana on the Las Vegas Strip Yet

Be sure to keep up with all things cannabiz by checking out the newly launched GreenEntrepreneur.com

If you missed the last episode, check it out here: Americans Vote on Cannabis

Latest

A Drone Just Dropped Free Weed Over Tel Aviv

In a protest to legalize weed in Israel, protestors release bags of cannabis onto the city streets.

Changing How the World Views CBD

The CMO of cbdMD talks about how he uses patience, partnerships and data to grow brand awareness.

WATCH: The Weed Business According To Jim Belushi

The actor opens up about his new TV show Growing Belushi and how cannabis would have saved his brother's life.

There Is A Town In North California Called Weed

And Netflix just named it one of the funniest town names in America.

Watch: DEA Raids Seven Grows In Antelope Valley

In a major crackdown on the illicit market, a multi-agency effort shuts down illegal California grows tied to Mexican drug cartels.

Evolving from Brick and Mortar to Ecommerce

CBD oil company Sunday Scaries's co-founders share the lessons they learned from running a sports bar and how they've applied them to their ecommerce business.

3 Ways To Deal With Face Mask Annoyances

Are you suffering from 'maskne' or glasses fog? These tips may help.

Exclusive Video: Inside Dixie Brands Partnership with Arizona Iced Tea

CEO Chuck Smith shares details of the deal. Plus, how he grew the company from a "garage operation" to a massive multi-state player.

What You Need to Know to Be Successful in the Cannabis Industry

Jessica Abo sits down with the CEO of Weedmaps to discuss the company's journey and how you can be successful in the cannabis industry.

Exclusive: Why Canopy Growth's Ex-CEO Got Canned and What He's Doing Next (Watch)

Bruce Linton talks candidly about his past and his future. Listen very carefully. This man has crazy knowledge.

Discover Entrepreneur Series

Whether you need advice on how to get your business off the ground or you’re just looking for inspiration, our video series have something for everyone. Browse our library below to find a series that speaks to you and your interests.