MMJ Business Daily

CEO of cannabis firm Women Grow steps down to focus on dispensary

Leah Heise, who became the CEO of Women Grow less than a year ago, announced this week that she’s leaving the national cannabis event and networking company, effective immediately, to run her own medical marijuana dispensary in Maryland.

While Women Grow searches for a new corporate leader, Chief Operating Officer Kristina Neoushoff will take over as interim CEO, according to a news release from the company.

Women Grow co-founder Jane West said in the release the company “fully supports” Heise’s decision to depart and focus on her dispensary. Heise won preliminary approval from Maryland for the dispensary license

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CEO of cannabis firm Women Grow steps down to focus on dispensary is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Pressure builds for Trump to maintain marijuana status quo

President Donald Trump is getting increasing pressure – from his circle of advisers and beyond – to maintain the current status quo when it comes to the cannabis industry.

The governors of the first four states to legalize recreational cannabis on Monday sent Trump a letter urging him to confer with them before announcing any major changes in federal marijuana policy.

The governors – Alaska’s Bill Walker, Colorado’s John Hickenlooper, Oregon’s Kate Brown and Washington’s Jay Inslee – singled out the importance of industry stability brought by the 2013 Cole Memo as well as banking guidance from the Financial Crimes

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Pressure builds for Trump to maintain marijuana status quo is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Marijuana on the Hill: Bills introduced in Congress in 2017

By John Schroyer

Less than three months into the two-year 115th Congress, 13 bills have been introduced that would change the federal government’s approach to marijuana.
Here is a look at the various proposals and their potential impact.
Marijuana on …

Johns Hopkins backs out of cannabis PTSD study

Johns Hopkins University has pulled out of a federally sanctioned study on using medical marijuana to treat post-traumatic stress disorder over a disagreement with a research group involved in the study.

Losing Hopkins is a major setback for the research program, which has been approved by the U.S. Drug Enforcement Administration.

Any findings that show cannabis can be used to treat PTSD could bolster sales of medical marijuana and persuade federal policy makers and the Department Veterans Affairs to approve its use for vets.

According to The Washington Post, the university’s decision was made based on a dispute with

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Johns Hopkins backs out of cannabis PTSD study is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

BuzzFeed investor leads $3M funding for marijuana tech firm

A cannabis-focused e-commerce platform has netted $3 million in funding from a venture capital firm that has made early investments in several non-marijuana companies, including the popular news website Buzzfeed.
LeafLink, a New York-based wholesale ma…

West Virginia appears poised to legalize medical cannabis

West Virginia, one of only six states left in the nation with no form of legal cannabis, could soon become the latest state to approve a functioning medical marijuana industry.

Senate Bill 386, which already passed the state Senate in a lopsided vote, is slated for a possible floor vote in the House on Monday, according to MetroNews. The bill was fast-tracked in the House, the Herald-Dispatch reported, in a move to force members to vote on the issue instead of letting it expire when the legislature adjourns April 8.

The House leadership, however, gave

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West Virginia appears poised to legalize medical cannabis is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Chart: More medical cannabis patients and fewer caregivers in Hawaii

By Eli McVey

Hawaii’s medical marijuana businesses have good reason to be bullish with the approaching launch of the state’s MMJ industry: Patient counts are rising, while the number of registered caregivers growing medical cannabis for people is dwindling.

That should ease potential competition for the state’s eight vertically integrated MMJ businesses as they prepare to open their doors in the coming months.

From December 2015 to December 2016, the number of MMJ patients in Hawaii rose by 17%. By contrast, the number of registered caregivers tumbled 55% over the same period of time. Caregivers have been allowed

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Chart: More medical cannabis patients and fewer caregivers in Hawaii is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Report: DOJ gathering intel on state marijuana cases

The Department of Justice is apparently gathering information from at least the Colorado attorney general’s office regarding criminal marijuana investigations.

A records request filed with the DOJ by the International Business Times yielded an email from a Drug Enforcement Administration official to Michael Melito, a lawyer with the Colorado attorney general’s office, in which the DEA agent requested information about specific Colorado cannabis cases.

“Some of our intel people are trying to track down info regarding some of the DEA’s better marijuana investigations for the new administration,” the agent wrote to Melito. “Hopefully it will lead

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Report: DOJ gathering intel on state marijuana cases is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Report: DOJ gathering intel on state marijuana cases

The Department of Justice is apparently gathering information from at least the Colorado attorney general’s office regarding criminal marijuana investigations.

A records request filed with the DOJ by the International Business Times yielded an email from a Drug Enforcement Administration official to Michael Melito, a lawyer with the Colorado attorney general’s office, in which the DEA agent requested information about specific Colorado cannabis cases.

“Some of our intel people are trying to track down info regarding some of the DEA’s better marijuana investigations for the new administration,” the agent wrote to Melito. “Hopefully it will lead

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Report: DOJ gathering intel on state marijuana cases is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Massachusetts gets a nearly statewide MMJ delivery service

In Good Health – a medical marijuana dispensary located in Brockton, south of Boston – said it will launch a next-day home delivery service for patients that will cover most of Massachusetts.

The dispensary would become the first in Massachusetts to provide delivery to such a broad geographic area, according to The Boston Globe. The service is set to begin Monday.

In Good Health plans to to deliver marijuana buds, edibles and oils to patients anywhere in Massachusetts except the islands of Nantucket and Martha’s Vineyard.

While In Good Health may have the widest-reaching delivery service, the title of “first”

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Massachusetts gets a nearly statewide MMJ delivery service is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs