MMJ Business Daily

Openvape Partnering With Dutch MJ Company

Colorado concentrate company Openvape is teaming with Amsterdam’s Green House Seed Co. to collaborate on a new line of products.

It’s the latest international partnership in the cannabis industry, and perhaps the first involving U.S. and European companies.

Openvape and Green House will develop a dual brand of cannabis vaporizer cartridges, the companies said in a news release.

Green House will supply strain genetics and Openvape will use its production and distribution network to sell the cartridges in roughly 1,100 medical marijuana shops in nine states.

Green House, which has operated coffee shops and a seed bank in the Netherlands since

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Openvape Partnering With Dutch MJ Company is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Poll: Huge Support for MMJ in Florida, Ohio

Legalization of medical marijuana has overwhelming support among voters in two key states likely to have MMJ ballot measures this November, according to new polling numbers from Quinnipiac University.

The survey, which focused on Florida, Ohio and Pennsylvania, found that voters in all three states overwhelmingly are in favor of legalizing MMJ.

A Florida legalization campaign has already gotten its initiative qualified for the November ballot, and the Marijuana Policy Project has an initiative in the works in Ohio.

Pennsylvania’s governor signed MMJ legislation into law last month.

In Florida, 80% of

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Poll: Huge Support for MMJ in Florida, Ohio is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Surviving a Tough Market: Q&A With Hillary Peckham of New York’s Etain Health

By Omar Sacirbey

At 24, Hillary Peckham is probably one of the youngest chief operating officers in the cannabis industry. She’s also confronting a medical marijuana market that’s one of the of the toughest in the nation – one that began at a snail-like pace.

Peckham is COO of Etain Health, a New York MMJ company. 

Etain has one cultivation site and four dispensaries: in Albany, Kingston, Syracuse, and Yonkers. The company is one of five MMJ license holders in New York. Peckham launched Etain with her mother and sister.

New York’s MMJ market got off to an excruciatingly slow start

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Surviving a Tough Market: Q&A With Hillary Peckham of New York’s Etain Health is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Family Files Wrongful Death Suit Against Edibles Maker, Rec Store  

The family of a Denver woman who was shot and killed by her husband in 2014 after he consumed cannabis-infused candy is suing the manufacturer of the edible and the store that sold it for wrongful death.

The case is possibly the first wrongful death lawsuit against the recreational cannabis industry, the Denver Post reported. At least one legal expert said it was unlikely to succeed.

The lawsuit claims that Gaia’s Garden, the company that made the edible, and Nutritional Elements, the store that sold it, “negligently, recklessly and purposefully” failed to warn Richard Kirk about the candy’s

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Family Files Wrongful Death Suit Against Edibles Maker, Rec Store   is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Minnesota MMJ Producer Aims to Raise $21M in Funding

LeafLine Labs, one of Minnesota’s two medical cannabis producers and distributors, has begun a new round of fundraising with a goal of reeling in $21 million from investors.

The company already has raised $150,000 toward that end, the Minneapolis/St. Paul Business Journal reported. Last year, it raised nearly $15 million, a sign that investors remain interested in Minnesota’s medical marijuana market despite its slow start.

The state’s other MMJ company, Minnesota Medical Solutions – together with its parent company,  Vireo Health – also is seeking investors. MinnMed, as it’s known, is trying to raise $31.5 million

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Minnesota MMJ Producer Aims to Raise $21M in Funding is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

MMJ Advocate Morgan: Cannabis Legalization at “Tipping Point”

By John Schroyer

The November election will mark a “tipping point” for cannabis legalization in the United States, medical marijuana advocate John Morgan predicted Tuesday.

“The interesting thing about a tipping point is you never really see it coming,” Morgan told the Spring 2016 Marijuana Business Conference & Expo. “In the world of marijuana, we are at those tipping point days.”

Morgan, a deep-pocketed Orlando attorney, has spent roughly $7.5 million of his own money on this November’s MMJ ballot initiative in Florida as well as a failed 2014 effort.

“There is no state in the union that is

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MMJ Advocate Morgan: Cannabis Legalization at “Tipping Point” is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Underwood to Marijuana Professionals: Market Products By Generation

By Omar Sacirbey

Know the guiding principles that make each generation tick – and hone your marketing pitch to target those “core values.”

That’s the advice generational marketing guru Chuck Underwood gave cannabis professionals in a keynote speech to the Spring 2016 Marijuana Business Conference & Expo in Orlando.

“Each generation of customers brings new expectations and needs to the way they buy and the way they want to be served,” said Underwood, star of the PBS miniseries “America’s Generations.”

Underwood listed five generations which view marijuana through a different lens:

• The GI Generation, aka “The Greatest Generation”

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Underwood to Marijuana Professionals: Market Products By Generation is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Colorado Lawmakers Approve New License for Marijuana Couriers

Colorado lawmakers have approved a brand new type of license for cannabis couriers and sent it to the governor for his signature.

The “marijuana transporter” license is the first of its kind and will give courier companies new powers, such as the ability to store cannabis temporarily in the event a freak snowstorm shuts a highway, the Associated Press reported.

Currently, couriers must return the marijuana to the location from where it was transported if they can’t make the delivery within a certain time period.

Colorado now has a dozen marijuana courier companies, according to the AP. They’re

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Colorado Lawmakers Approve New License for Marijuana Couriers is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Florida in Spotlight as MJ Business Conference Kicks Off, Decrim Approved

By John Schroyer

Coincidence? Providence? Either way, marijuana was in the headlines in Orlando for more than one reason on Monday.

The same day the Spring 2016 Marijuana Business Conference & Expo got underway in Orlando, the city’s lawmakers voted 4-3 to reduce the penalties for possessing small amounts of cannabis.

The new law drops possession of less than 20 grams to a simple $100 fine for a first offense from a criminal misdemeanor.

The change underscores yet again how marijuana is moving into the mainstream, both as a plant and as an industry.

Florida, for its

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Florida in Spotlight as MJ Business Conference Kicks Off, Decrim Approved is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Missouri MMJ Campaign Submits Petitions for Ballot Initiative

The 2016 legalization wave may have just gotten a bit bigger.

Advocates of medical marijuana legalization in Missouri have collected nearly 100,000 more signatures than required to put the issue on the November ballot.

New Approach Missouri, which conducted the petition drive, said in a press release it submitted more than 260,000 signatures to the state on Sunday, the deadline for ballot initiative campaigns. About 167,000 valid signature are needed to qualify for the ballot.

The secretary of state has until late July to verify whether the campaign gathered enough valid signatures, the Columbia Daily Tribune reported.

If the

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Missouri MMJ Campaign Submits Petitions for Ballot Initiative is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs