MMJ Business Daily

Nevada signs off on regulations for recreational marijuana businesses

Nevada lawmakers have green-lighted permanent rules for the state’s adult-use cannabis industry. The state’s Legislative Commission voted unanimously to approve the 258-page regulations without formal debate. Nevada began recreational canna…

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Two Massachusetts medical cannabis dispensaries shuttered after failed pesticide test

Two Massachusetts medical marijuana dispensaries have been temporarily closed down by state regulators after a test result that came up positive for a pesticide. The dispensaries – which are owned by Healthy Pharms and are located in Cambridge an…

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Medical marijuana harvests begin in Jamaica

At least two medical marijuana companies have begun the first-ever legal harvest of their crops, signaling that the island nation is well on its way to becoming a full-fledged MMJ market. Kaya Farms reportedly started its harvest Feb. 20, the Jamaica O…

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Finding right insurance is key to any marijuana company’s business plan

At a time when the U.S. Department of Justice is increasingly hostile toward the marijuana industry, experts said the best way for MJ businesses to keep federal law enforcement at bay is compliance with state laws and best business practices. One impor…

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Five companies picked to grow medical cannabis in Arkansas

Arkansas cannabis regulators on Tuesday announced the five companies the state intends to license to grow medical marijuana under a voter-approved amendment that legalized MMJ for certain patients. The growers approved by the Medical Marijuana Commissi…

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Canadian pharmacies strengthen supply network for medical marijuana

The largest drugstore chain in Canada, Shoppers Drug Mart, continues to secure medical cannabis deals ahead of what is expected to be a tight supply market for the product, at least in the near term. In the latest deal, Aurora Cannabis agreed to become…

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Nevada retailers sell over $195M worth of recreational cannabis in first six months

Since starting recreational marijuana sales six months ago, Nevada retailers have sold more than $195 million worth of cannabis, or more than $1 million a day. Based on those numbers, Patch Las Vegas reported, the Silver State is on pace to exceed $400…

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Massachusetts will delay rollout of marijuana delivery, onsite consumption

Cannabis regulators in Massachusetts have agreed to allow recreational marijuana shops to open in July, as scheduled, but they also decided to defer licensing MJ delivery and onsite consumption businesses. According to The Boston Globe, diversity propo…

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Second medical cannabis dispensary owner in Montana city sues to stay open

The owner of one of two dispensaries in Billings, Montana, has sued the city to allow him to continue to sell medical marijuana. According to the Billings Gazette, Shawn Palmer, owner of Montana Organic Medical Supply, ran into problems when the city: …

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African marijuana producer signs supply deal with Canadian company

Toronto-based Nuuvera has signed an offtake agreement with Verve Dynamics, a licensed medical cannabis producer in the kingdom of Lesotho. Lesotho, a landlocked country located within the borders of South Africa, was the first African country to regula…

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