MMJ Business Daily

Company behind MJBizDaily in legal dispute with former exec

The parent company of Marijuana Business Daily is involved in a legal dispute with its former president and publisher over several employment-related issues, including those tied to his termination, compensation and noncompete agreement.

Rhode Island-based Anne Holland Ventures recently filed a lawsuit in Denver County District Court alleging that former executive George Jage violated the terms of his employment agreement after he unsuccessfully tried to buy the company.

According to the suit, Jage was terminated in April when he “repudiated his agreement to company policy including the written terms of the noncompete, non-solicitation and nondisclosure agreement.”

Anne Holland Ventures is

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Company behind MJBizDaily in legal dispute with former exec is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Cannabis firm’s exposure from Dennis Rodman trip hailed as ‘truly genius’ marketing

By John Schroyer

Ancillary cannabis firm PotCoin grabbed national media attention in mid-June when it sponsored former NBA star Dennis Rodman’s highly publicized trip to North Korea.

The coverage was considered a coup as major mainstream outlets such as CNN, The Washington Post and Business Insider picked up the story.

Cannabis firm’s exposure from Dennis Rodman trip hailed as ‘truly genius’ marketing is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Cannabis firm’s exposure from Dennis Rodman trip hailed as ‘truly genius’ marketing

By John Schroyer

Ancillary cannabis firm PotCoin grabbed national media attention in mid-June when it sponsored former NBA star Dennis Rodman’s highly publicized trip to North Korea.

The coverage was considered a coup as major mainstream outlets such as CNN, The Washington Post and Business Insider picked up the story.

Cannabis firm’s exposure from Dennis Rodman trip hailed as ‘truly genius’ marketing is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Nevada recreational marijuana sales to launch Saturday

Licensed Nevada medical marijuana dispensaries can start selling recreational cannabis as planned on Saturday despite an ongoing legal battle, state officials said.

Nevada intends to appeal a district judge’s order that only alcohol wholesalers can obtain cannabis distribution licenses, but that won’t affect the state’s plan to start retail sales, a Department of Taxation (DOT) spokeswoman said Monday.

The judge ruled in favor of the Independent Alcohol Distributors of Nevada, who filed suit to halt the issuance of distribution licenses. They argued that only licensed liquor wholesalers qualify for the marijuana distributor licenses.

Regulators, however, say they

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Nevada recreational marijuana sales to launch Saturday is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Canadian firm strikes deal to cultivate MJ in southern Africa

Canadian marijuana companies continue to expand their reach beyond their nation’s borders.

LGC Capital, a Canadian investment firm, has partnered with AfriAg to cultivate and distribute medical and recreational marijuana across the southern region of Africa, according to a news release.

The long-range goal for LGC – which lists as QBA on the TSX Venture Exchange – is to become the “first Canadian publicly traded company to be licensed to grow and export recreational and medical cannabis on a global basis,” CEO John McMullen said in the release.

AfriAg, one of the largest produce growers in

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Canadian firm strikes deal to cultivate MJ in southern Africa is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

California cannabis rules taking shape: Q&A with MJ attorney Khurshid Khoja

By John Schroyer

California took a big step forward in June by passing a law designed to streamline government oversight for the state’s medical and recreational marijuana industries.

Because the new measure combines two laws, it’s complicated.

So Marijuana Business Daily enlisted cannabis attorney Khurshid Khoja to help break it down.

California cannabis rules taking shape: Q&A with MJ attorney Khurshid Khoja is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

California cannabis rules taking shape: Q&A with MJ attorney Khurshid Khoja

By John Schroyer

California took a big step forward in June by passing a law designed to streamline government oversight for the state’s medical and recreational marijuana industries.

Because the new measure combines two laws, it’s complicated.

So Marijuana Business Daily enlisted cannabis attorney Khurshid Khoja to help break it down.

California cannabis rules taking shape: Q&A with MJ attorney Khurshid Khoja is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Alaska to weigh three onsite marijuana consumption proposals

The Alaska Marijuana Control Board next month will consider three proposals to allow onsite consumption in marijuana retail stores.

Under the board members’ recommendations, which will be considered at a July 11-14 meeting:

• Customers would be allowed to try marijuana at a store, then would have to leave the premises. The site couldn’t provide amusements like pool tables or TVs but would be permitted to have couches, chairs and coffee tables. The proposal also includes a two-year moratorium on such sites.
• Consumption of edibles would be permitted, but cannabis consumers wouldn’t be allowed to smoke onsite.
• Only cannabis purchased at

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Alaska to weigh three onsite marijuana consumption proposals is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Massachusetts picks panel to draft rec cannabis compromise

A six-member House-Senate conference committee has been selected to try to create a compromise bill to revamp the voter-approved recreational marijuana law in Massachusetts.

Legislative leaders assigned the panel Friday after the House formally rejected the Senate version of the bill.

The House conferees are Republican Hannah Kane and Democrats Mark Cusack and Ron Mariano, the majority leader. The Senate negotiators are Democrats Patricia Jehlen and William Brownsberger and Republican Vinny deMacedo.

Cusack and Jehlen were co-chairs of the Marijuana Policy Committee that spent months reviewing the law that makes recreational cannabis legal for adults. But the House

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Massachusetts picks panel to draft rec cannabis compromise is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Chart: Cannabis industry employs 165,000-plus workers

By Eli McVey

With 165,000-230,000 full- and part-time workers, the U.S. cannabis industry has quickly become a major job generator.

Cannabis-related businesses now employ more people than there are dental hygienists and bakers in the United States and will soon surpass the number of telemarketers and pharmacists.

The estimates – published in the newly released Marijuana Business Factbook 2017  – include employment data for retailers, wholesale grows, infused products/concentrates companies, testing labs and ancillary firms.

The job figures represent an impressive feat for an industry that has, for the most part, been operating legitimately only since 2009.

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Chart: Cannabis industry employs 165,000-plus workers is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs