MMJ Business Daily

Michigan ups grow capacity for medical cannabis cultivators

Michigan regulators announced this week that medical marijuana cultivation license applicants will be allowed to apply for multiple permits at a single location, meaning that they could potentially grow many more plants than originally anticipated.

Under state law, growers can apply for three types of licenses. Class A license holders can grow up to 500 plants, Class B license holders up to 1,000 plants, and Class C up to 1,500 plants, according to Crain’s Detroit Business.

But the state’s Bureau of Medical Marihuana Regulation will allow growers to apply for “multiple” Class C licenses for

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Michigan ups grow capacity for medical cannabis cultivators is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Target’s CBD sales reversal roils hemp industry

A decision by Target Corp. to start selling CBD supplements last week had the hemp industry cheering – until the Minneapolis-based retail giant yanked the products.

Target’s decision to stop selling CW Hemp supplements and oils followed a news release from the manufacturer, CW Hemp, saying the whole CBD industry “has officially gone mainstream.”

Within hours after CW Hemp’s attempt to announce Target was carrying its products, the extract oils selling for $74.99 for a 1-ounce bottle were listed as “product not available.”

CW Hemp’s publicist told Marijuana Business Daily that the four Target CBD products weren’t available because they

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Target’s CBD sales reversal roils hemp industry is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Canadian firm planning massive MMJ greenhouse in Australia

PUF Ventures plans to build a 1-million-square-foot medical marijuana greenhouse in Australia that could eventually generate about 1 billion Canadian dollars ($850 million) annually, according to a news release from the company.

The company – based in Vancouver, British Columbia, and traded as PUF on the Canadian Securities Exchange – said the phased build-out will have a production capacity of about 100,000 kilograms (220,462 pounds) of marijuana per year.

The build-out is currently unfunded.

The proposed facility will sit on a 66-acre parcel of land that Richmond Valley Council in New South Wales, Australia, agreed to supply

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Canadian firm planning massive MMJ greenhouse in Australia is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

First medical cannabis testing labs approved in Pennsylvania

Pennsylvania has approved two medical marijuana testing labs, marking another milestone for the state on its way toward rolling out a new MMJ program.

Michigan-based ACT Laboratories and Pennsylvania-based Keystone State Testing received two-year licenses from the state health department, Pennlive.com reported.

Both labs are in the final stages of building out their operations and are hoping to be up and running by late October or early November. That timetable would put them in position to start testing as soon as the state’s MMJ cultivators are ready to submit samples.

Pennsylvania’s medical cannabis sales are slated to launch

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First medical cannabis testing labs approved in Pennsylvania is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Week in Review: CBD trademark suit, Vermont’s fifth MMJ licensee & DEA chief quitting

By Kristen Nichols, Bart Schaneman and John Schroyer 

Actress Jessica Alba files a trademark infringement lawsuit against a CBD supplements company, Vermont awards its fifth medical marijuana business license, and DEA chief Chuck Rosenberg is leaving his post.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

Pretty face on an ugly problem

A lawsuit filed by actress Jessica Alba brought some celebrity glitz to a nagging problem for the cannabis industry: Patents, trademarks and intellectual property remain legal gray areas.

Alba’s beauty and wellness business, The Honest Co.,

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Week in Review: CBD trademark suit, Vermont’s fifth MMJ licensee & DEA chief quitting is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Canada could add 150,000 cannabis jobs – some with salaries nearing six digits

By Matt Lamers

Canada’s medical marijuana sector is continuing its blistering pace of growth, bringing with it more jobs and higher, more competitive salaries.

The industry could add another 150,000 jobs over the next couple of years, according to one estimate, and a recent survey showed that salaries are more mainstream than ever.

And while rising wages are helping some well-capitalized companies lure people from mature industries, the pace of hiring is expected to create growing pains for other businesses.

Hiring is picking up speed because Canada’s licensed producers are scaling up their operations to supply the medical cannabis

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Canada could add 150,000 cannabis jobs – some with salaries nearing six digits is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Vermont looking into upshot of recreational marijuana legalization

A Vermont commission formed to study the ramifications of legalizing recreational marijuana met for the first time and laid out challenges the state would face.

According to state officials, the Marijuana Advisory Committee won’t debate whether the state should legalize marijuana, but rather will determine the practical challenges associated with adult use, including the best way to regulate and tax a recreational industry, any public health concerns and highway safety.

Three subcommittees will tackle the issues.

The commission must present a report to the governor by mid-January with its findings. Then, by December 2018, the panel is

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Vermont looking into upshot of recreational marijuana legalization is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Ontario producer to supply cannabis oil to nursing homes

WeedMD, a licensed marijuana producer in Ontario, has signed a deal to serve as the “preferred supplier” of cannabis oil to three long-term care and retirement community operators.

The Aylmer company said the deal reflected its efforts to capitalize on a Canadian market where a growing number of senior citizens are considering MMJ as a treatment option, according to CBC News.

WeedMD’s biggest deal is with People Care Communities, which runs seven care homes in southwestern Ontario, the news outlet reported. The other two deals are with individual nursing homes in Belleville and Kingston.

Among them,

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Ontario producer to supply cannabis oil to nursing homes is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Ontario producer to supply cannabis oil to nursing homes

WeedMD, a licensed marijuana producer in Ontario, has signed a deal to serve as the “preferred supplier” of cannabis oil to three long-term care and retirement community operators.

The Aylmer company said the deal reflected its efforts to capitalize on a Canadian market where a growing number of senior citizens are considering MMJ as a treatment option, according to CBC News.

WeedMD’s biggest deal is with People Care Communities, which runs seven care homes in southwestern Ontario, the news outlet reported. The other two deals are with individual nursing homes in Belleville and Kingston.

Among them,

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Ontario producer to supply cannabis oil to nursing homes is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Citing federal concerns, New Mexico city denies marijuana ads

A medical marijuana dispensary in Albuquerque, New Mexico, had visions of advertising on the sides of buses, but local transit authorities rejected the ads, citing concerns about federal law and grant funding.

According to the Santa Fe New Mexican, the Ultra Health dispensary was seeking to place ads on the vehicles featuring photos of people of various ages and ethnic groups as well as the slogan “Your Health. Our Commitment.”

The city’s legal department, however, said any marijuana-related ads displayed by the Transit Department are prohibited by federal law, regardless of New Mexico’s MMJ laws.

This is

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Citing federal concerns, New Mexico city denies marijuana ads is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs