MMJ Business Daily

Lesotho attracts another major medical cannabis investment

The first country in Africa to regulate medical marijuana has attracted another significant international investor, this time from a large Canadian licensed producer. Toronto-based Supreme Cannabis will invest 10 million Canadian dollars ($7.7 million)…

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Marijuana employment company raises $2.5 million

A cannabis industry-focused job recruitment firm has raised $2.5 million in seed funding. Denver-based Vangst will use the capital to expand its online jobs marketplace and improve recruiting technology and internal infrastructure, according to a compa…

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Snoop Dogg’s venture capital firm leads CA$4.3M raise for Canadian cannabis company

It didn’t take long for Snoop Dogg’s venture capital firm to invest some newly raised capital. Only a week after closing a $45 million funding, the rapper’s Casa Verde Capital on Monday led a 4.3 million Canadian dollar ($3.3 million)…

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‘Nothing is going smoothly’ in California’s regulated marijuana market

It’s been almost three months since the official start of California’s recreational – and regulated medical – marijuana markets. So, how are things going? Depends on whom you ask. But the general consensus among business owners,…

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Canada’s marijuana packaging rules blasted as ‘unscientific,’ ‘fearmongering’

A day after Canada released detailed packaging requirements for recreational cannabis, executives and analysts warned that the rules are so restrictive that the government is risking a “policy fail.” The new regulations, in many ways, are more restrict…

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California cannabis grower gets $1 million insurance settlement for fire damage

A cannabis grower in Carpinteria, California, has received a $1 million payout from an insurance company after his crop was destroyed by ashes from a wildfire. According to the Santa Barbara Independent, Florida-based Brown & Brown Insurance secure…

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CBD limits loosening in states written off by marijuana reformers

Far from the bustling marijuana dispensaries in Las Vegas and California, rural and politically conservative states with limited cannabis laws are loosening restrictions that once had marijuana entrepreneurs writing them off as infertile territory. &#8…

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MedReleaf signs deal to supply medical marijuana to German distributor

A top Canadian medical cannabis producer signed a deal to become the largest supplier of medical marijuana products to a pharmaceutical distributor in Germany. MedReleaf, based in Markham, Ontario, and listed as LEAF on the Toronto Stock Exchange, expe…

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Humboldt County may reopen licensing for local cannabis businesses

One of the most well-known marijuana counties in the United States might soon be restarting its permitting system for local cannabis growers and other businesses that want to enter the legal market. The board of supervisors in Humboldt County began dis…

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US marijuana retail chain MedMen to partner with Canadian producer Cronos

Two major cannabis companies – Los Angeles-based MedMen and Toronto-based Cronos Group – have announced a joint venture to bring MedMen’s retail expertise to Canada. According to a news release, the collaboration will result in the fo…

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