MMJ Business Daily

G FarmaBrands to distribute Julian Marley’s JuJu Royal in SoCal

G FarmaBrands is partnering with Julian Marley, son of the late legendary reggae musician Bob Marley, to distribute his cannabis brand JuJu Royal (CSE: JUJU) to recreational shops and medical marijuana dispensaries in Southern California under the state’s newly regulated MJ market.

According to a press release, California-based G FarmaBrands – through its subsidiary Finka Distribution – distributes to more than 1,100 cannabis stores that would have the option of carrying JuJu Royal’s smokeable and vape products.

JuJu Royal currently has distribution in California, Washington, Colorado and Puerto Rico. It also has a CBD-only product in

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G FarmaBrands to distribute Julian Marley’s JuJu Royal in SoCal is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Out-of-state companies making a run for Ohio’s medical marijuana licenses

By Bart Schaneman

Out-of-state medical cannabis companies are jumping into the nascent Ohio market because the state lacks a residency requirement for business owners.

While a majority of the applicants are listed as Ohio-based companies, at least a dozen either have an out-of-state business address or are connected to companies based elsewhere.

That’s according to the business information of 185 applications for 24 available cultivation licenses recently released by the Ohio Medical Marijuana Control Program.

A few of the better-known marijuana companies that have applied:

• PharmaCann (Illinois company applying in Buckeye Lake village)
• Harvest Grows (Arizona company applying in

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Out-of-state companies making a run for Ohio’s medical marijuana licenses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Out-of-state companies making a run for Ohio’s medical marijuana licenses

By Bart Schaneman

Out-of-state medical cannabis companies are jumping into the nascent Ohio market because the state lacks a residency requirement for business owners.

While a majority of the applicants are listed as Ohio-based companies, at least a dozen either have an out-of-state business address or are connected to companies based elsewhere.

That’s according to the business information of 185 applications for 24 available cultivation licenses recently released by the Ohio Medical Marijuana Control Program.

A few of the better-known marijuana companies that have applied:

• PharmaCann (Illinois company applying in Buckeye Lake village)
• Harvest Grows (Arizona company applying in

…

Out-of-state companies making a run for Ohio’s medical marijuana licenses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

New acting Drug Enforcement Administration chief appointed

The U.S. Department of Justice on Tuesday announced that the new acting administrator of the Drug Enforcement Administration will be Robert W. Patterson, a career DEA official who started with the agency in 1988.

Patterson – the principal deputy administrator of the DEA since November 2016 – replaces outgoing DEA head Chuck Rosenberg, who tendered his resignation last week.

The DEA has been without a permanent director since Michele Leonhart left the job of administrator in 2015. After that, Rosenberg took on the job of “acting administrator” and wound up staying on until he announced his departure

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New acting Drug Enforcement Administration chief appointed is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Quebec to use government stores to sell recreational cannabis

Quebec plans to corner the recreational marijuana market by handing retail responsibilities to its government-owned liquor board, according to Radio-Canada, a move that would see private businesses barred from selling marijuana after it’s legalized next summer.

Canada’s second-largest province by population will follow in the footsteps of Ontario and New Brunswick in turning to a government-owned corporation.

Radio-Canada, a government-owned broadcaster, also said the legal age to buy recreational marijuana in Quebec will be 18, one year younger than neighboring Ontario and New Brunswick.

Quebec’s cannabis framework hasn’t been officially unveiled, but a forum of experts commissioned by the province

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Quebec to use government stores to sell recreational cannabis is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Medical marijuana company wants Florida to jump-start edibles sales

A medical marijuana company in Florida wants the state to speed up the process that would allow MMJ businesses to process and sell edibles.

Surterra Florida – which is based in Atlanta but possesses MMJ business licenses in Florida – is “demanding” that state regulators begin making rules for a new law that would implement the constitutional amendment voters approved in June, the Sun-Sentinel reported.

Under the law, medical cannabis companies would be allowed to sell edibles as long as they don’t appeal to children, particularly their “shapes, forms and ingredients,” according to

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Medical marijuana company wants Florida to jump-start edibles sales is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Acquisitions to help Aurora gear up for Canada’s home grow MJ market

Aurora Cannabis has purchased two companies as part of its strategy to tap Canada’s rapidly growing market for patients who cultivate their own medical marijuana and ultimately for consumers who choose to grow their own cannabis after recreational legalization takes effect next summer.

Aurora, traded as ACB on the Toronto Stock Exchange, is shelling out 3.9 million Canadian dollars ($3.1 million) in cash to acquire BC Northern Lights Enterprises and Urban Cultivator, both based in British Columbia.

The transactions also involve CA$500,000 worth of Aurora common shares and warrants and potentially another CA$4 million, based on performance milestones

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Acquisitions to help Aurora gear up for Canada’s home grow MJ market is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Entrepreneur tied to Trump poured $500K into ancillary cannabis firm

The son of a power couple with direct ties to President Donald Trump has invested half a million dollars into an ancillary medical marijuana firm, the New York Daily News reported.

Shane McMahon – the son of Vince McMahon, who once had his head shaved by Trump during a WWE Wrestlemania event, and Linda McMahon, who runs the U.S. Small Business Administration (SBA) in the Trump cabinet – put $500,000 behind EnviroGrow in 2015, according to the newspaper. The Connecticut-based company specializes in products for MMJ cultivators.

The SBA has not commented on McMahon’s investment,

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Entrepreneur tied to Trump poured $500K into ancillary cannabis firm is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Pennsylvania medical marijuana program on track despite pending legal issues

By Bart Schaneman

Pennsylvania’s developing medical marijuana market appears to be progressing on schedule.

Industry watchers expect seeds to be in the ground ahead of the Dec. 20 deadline, six months after 12 grower/processor licenses and 27 dispensary permits were issued. But a pair of legal issues could gum up the works.

Pennsylvania medical marijuana program on track despite pending legal issues is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Many MMJ patients in New York still buying from black market

New York’s medical cannabis program has been hard-pressed to prove it’s a viable setup, and those issues apparently are continuing with prospective patients still relying on black-market MMJ.

A combination of high product costs, bureaucratic red tape and the easy availability of cannabis flower on the street has added up to an ongoing system where many patients turn to street dealers for medical marijuana flower as opposed to high-priced extract products available at New York dispensaries, the Staten Island Advance reported.

“Most people that go to a dispensary go once or twice and never go back,” Landon

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Many MMJ patients in New York still buying from black market is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs