MMJ Business Daily

MassRoots founder makes move to rejoin company

MassRoots founder and former CEO Isaac Dietrich on Monday filed the necessary paperwork with the Securities and Exchange Commission to call for a new shareholder vote, an attempt to force his way back into the company and dethrone the other board membe…

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Saskatchewan could open up cannabis sales to entrepreneurs

Saskatchewan doesn’t want to be in the business of owning retail marijuana outlets, according to its justice minister, suggesting more opportunities could be in store for entrepreneurs in the province. Justice Minister Don Morgan said Saskatchewan is l…

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Oakland sorting through 255 marijuana business applications

Marijuana regulators in Oakland, California, have received 255 business license applications for cannabis cultivation, sales, distribution and transportation, another indicator of the huge interest the Golden State’s impending market is generatin…

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Marijuana Business Daily’s annual cannabis industry survey underway

Marijuana Business Daily has launched its annual survey of executives and major investors in the cannabis space, which will help the company provide key market, financial and operational data for businesses and entrepreneurs. Executives with dispensari…

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Newfoundland considers handing cannabis sales to private sector

Newfoundland and Labrador might allow privately owned stores to sell recreational marijuana, a move that would open up significant retail opportunities for entrepreneurs in the province. If the plan is approved, Newfoundland would become the first prov…

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MassRoots sues former CEO, alleges theft of over $250K, drug use and other ‘serious misconduct’

Barely a month after being ousted as head of the cannabis social network he launched in 2013, MassRoots founder Isaac Dietrich is now being sued by his former company, which alleges he stole more than $250,000 from the business. In a civil suit, filed …

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Malta seeks to expand medical marijuana program

Malta’s government has proposed allowing all doctors in the country to prescribe medical marijuana. The government published draft legislation Monday that would loosen an existing regulation with so many restrictions that not a single Maltese has…

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Aurora launching hostile takeover for rival CanniMed

Aurora Cannabis said Monday it is proceeding with a hostile takeover attempt for CanniMed Therapeutics this week after the rival medical marijuana producer rebuffed its initial friendly bid for 544 million Canadian dollars ($425 million) in stock. The …

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Cannabis online platform raises $10 million

LeafLink, an online inventory and ordering platform for marijuana businesses, has raised $10 million in Series A funding. The round was led by Nosara Capital, a London-based venture capital firm, according to a LeafLink news release. Nosara was joined …

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Chart: MJBizCon produces some eye-popping numbers

MJBizCon has quickly become a heavyweight in the event space, ranking as the fastest-growing trade show in the country and attracting more attendees than many mainstream industry gatherings. This year’s conference – the sixth edition – attr…

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