MMJ Business Daily

Rhode Island dispensary owner fears Massachusetts’ rec cannabis

At least one of Rhode Island’s three medical cannabis dispensary chiefs is afraid the launch of the Massachusetts recreational market will be the death of his business. Seth Bock – the CEO of Greenleaf Compassionate Care Center in Portsmout…

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Canadian companies aim to create medical cannabis powerhouse in Latin America

Canadian companies hope to cultivate a medical marijuana juggernaut in Colombia by combining Toronto’s capital and technological expertise with the Latin American nation’s favorable climate and location. Industry executives said they plan t…

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Varied approaches to rec marijuana in California

As California’s legal marijuana industry awaits statewide regulations for recreational marijuana sales, local governments continue to take it into their own hands to pass regulations. And the results are a mixed bag. According to CBS SF Bay Area,…

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Marijuana industry’s future is bright, MJBizCon speakers say

New Jersey recreational marijuana legalization may be a highlight of 2018; it’s possible but unlikely the Trump administration will crack down on the U.S. cannabis industry; and major mainstream corporations are “not going to miss out&#8221…

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Arizona’s medical marijuana card fees face court test

An Arizona attorney has filed a lawsuit asking the state’s Court of Appeals to decide whether the $150 patient card fee is legal, a move that could affect Arizona’s medical marijuana market. Lawyer Sean Berberian claims the $150 fee is unnecessarily hi…

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Marijuana industry expected to turn out in record numbers for MJBizCon

An industry record-breaking crowd of 17,000 is expected to attend the three-day MJBizCon that kicked off Wednesday morning in Las Vegas. The conference, now in its sixth year, features 112 speakers and 678 exhibitors packed into 107,000 square feet of …

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Greece’s medical marijuana market pushes forward

Investors are making plans to pump money into Greece’s recently legalized medical marijuana market. Cultivators are interested in investing more than 1.5 billion euros ($1.74 billion) to construct greenhouses for growing and manufacturing marijua…

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AG Sessions confirms status quo on cannabis policy

Despite Attorney General Jeff Sessions’ decidedly anti-marijuana statements since he took over the U.S. Department of Justice, it appears cannabis businesses are safe from his agency for the time being. According to The Cannabist, when asked Tues…

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Aurora offers nearly $CA550M for rival as CanniMed seeks Newstrike

Merger mania is sweeping through Canada’s medical marijuana industry. Aurora Cannabis offered to acquire rival producer CanniMed Therapeutics for 544 million Canadian dollars ($425 million) in stock, a deal that would be the largest acquisition t…

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MassRoots’ net loss widens, but cash reserves grow

MassRoots saw its red ink double in the third quarter, though the cannabis-focused social media network’s cash reserves were substantially higher than the previous three-month period. According to the company’s latest quarterly filing with …

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