MMJ Business Daily

Officials block Denver bars, eateries from public MJ use program

Denver bars and many restaurants hoping to take advantage of a newly approved voter initiative to allow cannabis enthusiasts to imbibe on their premises will be out of luck, as officials moved to prevent the mixing of alcohol and cannabis.

State licensing officials announced Friday a new regulation will ban bars and many eateries from applying for a permit to allow public use of cannabis, the Denver Post reported.

Under Initiative 300, businesses and other establishments could secure a public-use permit, provided that a neighborhood organization signed off on the bid.

Officials block Denver bars, eateries from public MJ use program is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Rep. Rohrabacher optimistic on future of cannabis under Trump

California Republican Congressman Dana Rohrabacher is one of the marijuana industry’s staunchest allies in the U.S. House of Representatives, and while many in the cannabis trade may be fretting about the future, Rohrabacher predicted that the incoming administration of President-elect Donald Trump will leave industry oversight to the states.

That extends to Trump’s pick of Republican Sen. Jeff Sessions for attorney general, who is on the record as a cannabis opponent.

“This president has made clear that he believes in a states’ rights approach to marijuana,” Rohrabacher said Friday in a phone interview with Marijuana Business

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Rep. Rohrabacher optimistic on future of cannabis under Trump is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

MedMen gives MPP $1 million for advocacy efforts

The cannabis management consultancy MedMen has contributed $1 million to the Marijuana Policy Project to support efforts to end cannabis prohibition.

The check presentation occurred at the Los Angeles company’s party in conjunction with this week Marijuana Business Conference & Expo in Las Vegas.

 “Last week our industry scored a big victory,” MedMen CEO Adam Bierman said in a press release. “But the fight is not over, and it is important for us to remember how we got here. This would not have happened without the tireless work of ant-prohibition advocates, fighting to reform our broken drug laws.”

MPP intends

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MedMen gives MPP $1 million for advocacy efforts is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

MedMen gives MPP $1 million for advocacy efforts

The cannabis management consultancy MedMen has contributed $1 million to the Marijuana Policy Project to support efforts to end cannabis prohibition.

The check presentation occurred at the Los Angeles company’s party in conjunction with this week Marijuana Business Conference & Expo in Las Vegas.

 “Last week our industry scored a big victory,” MedMen CEO Adam Bierman said in a press release. “But the fight is not over, and it is important for us to remember how we got here. This would not have happened without the tireless work of ant-prohibition advocates, fighting to reform our broken drug laws.”

MPP intends

…

MedMen gives MPP $1 million for advocacy efforts is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Trump’s pick of Jeff Sessions for attorney general alarms cannabis industry officials

By Marijuana Business Daily staff

Marijuana industry officials reacted with alarm Friday to President-elect Donald Trump’s choice of Republican Sen. Jeff Sessions as attorney general, citing the Alabama lawmaker’s hostile attitude toward cannabis and MJ legalization.

Industry leaders attending this week’s Marijuana Business Conference & Expo in Las Vegas voiced concern that Sessions would lead a new crackdown on marijuana business in states that have legalized both recreational and medical marijuana.

Industry officials also suggested Sessions would present a roadblock to additional marijuana reforms in such areas as banking, where cannabis companies struggle to find a financial institution to

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Trump’s pick of Jeff Sessions for attorney general alarms cannabis industry officials is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

FL officials may be dragging their feet on MMJ implementation

Despite medical cannabis having set a record nationwide last week in Florida when it comes to the margin of victory at the ballot box, it appears state health officials may be putting up roadblocks in the implementation of the new law.

Cannabis industry attorney Gerry Greenspoon told a Miami NBC affiliate that the Florida Department of Health is trying to expand the Sunshine State’s limited CBD law instead of fully implementing the much-broader Amendment 2, which won more than 70% voter support in the Nov. 8 election.

“It may actually be illegal and unconstitutional,

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FL officials may be dragging their feet on MMJ implementation is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Colorado city opens marijuana-themed mall

A strip mall in Aurora, Colorado, has undergone a $1 million renovation to reemerge as a marijuana-themed shopping center.

The consolidation helps to circumvent a problem that marijuana businesses often face: finding a sympathetic landlord.

The Aurora Hemp Marketplace, outside Denver, offers a dispensary, a head shop and a cultivation supply store, among others, according to Denver’s ABC affiliate.

The once-struggling shopping mall has gone from 60% occupancy to nearly 95% since the facelift, and business owners say the traffic to their stores is steady.

“What we decided to do was have a shopping center that was focused

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Colorado city opens marijuana-themed mall is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Week in Review: Liquor giant eyes MJ drinks, notable MJBizCon quotes & Denver voters make history

By John Schroyer, Omar Sacirbey and Bart Schaneman

A liquor giant eyes cannabis-infused beverages, conference goers offer valuable business intelligence, and Denver voters make the city the first in the nation to allow cannabis use in bars, restaurants and businesses.

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

A shot of marijuana in that martini?

Liquor companies such as Constellation Brands – the owner of Corona beer and Svedka vodka – may be eyeing the cannabis space with infused beverages. But it’s probably not going to happen anytime soon, no

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Week in Review: Liquor giant eyes MJ drinks, notable MJBizCon quotes & Denver voters make history is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Denmark embarks on limited MMJ program but will import cannabis

Beginning in 2018, medical cannabis will be legal in Denmark for 1,500 patients who suffer from chronic diseases.

But the Danish government currently plans to import the cannabis from state-run producers in the Netherlands, Business Insider Nordic reported. That isn’t going over well with some Danish farmers, who are lobbying their government to allow them to serve the new market.

The Danish farmers’ arguments could be bolstered by estimates that suggest Dutch suppliers would be able to produce only 10% of the necessary supply, according to Business Insider Nordic.

“It will create both job opportunities and revenues, so

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Denmark embarks on limited MMJ program but will import cannabis is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

CA marijuana legalization snafu means tax holiday for MMJ firms

An omission in the language of California’s recently approved adult-use marijuana ballot initiative has resulted in a sales tax holiday for medical cannabis businesses through the end of 2017.

The snafu means medical marijuana users don’t have to pay the existing 7.5% sales tax, which could give MMJ businesses more pricing flexibility and a bump in sales.

The initial thinking behind Proposition 64 was to give medical marijuana users a tax break versus recreational consumers once the initiative kicked in come 2018, according to the Washington Post.

But the Jan. 1, 2018 start date was left out

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CA marijuana legalization snafu means tax holiday for MMJ firms is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs