MMJ Business Daily

13 Jul 2015
Posted by Mary Jane
Category MMJ Business Daily

15 Unlicensed Dispensaries Targeted Near Seattle

Local officials in an unincorporated part of King County, just east of Seattle, are targeting 15 medical marijuana dispensaries that are deemed illegal because they don’t have state permits. The businesses were sent letters last week ordering them to close down or face possible penalties, which could include civil forfeiture, product seizure or even criminal […]

15 Unlicensed Dispensaries Targeted Near Seattle is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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13 Jul 2015
Posted by Mary Jane
Category MMJ Business Daily

Chart of the Week: Huge Acceleration in Washington State Recreational Marijuana Sales

By Becky Olson Washington State’s recreational cannabis industry started off slow but ended the first full year of sales with a bang. Retail cannabis stores recorded $180 million in revenue from early July of last year through this June, fueled by a significant sales spike over the past few months, according to data from the […]

Chart of the Week: Huge Acceleration in Washington State Recreational Marijuana Sales is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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10 Jul 2015
Posted by Mary Jane
Category MMJ Business Daily

Washington DC Grower Develops City’s First Edible

A Washington DC medical cannabis cultivator has created the city’s first-ever edibles product, several years after dispensaries opened in the nation’s capital. The move allows local dispensaries to cater to patients who prefer to ingest medical marijuana rather than smoke it, which could help convince more people to sign up for MMJ cards. The city’s […]

Washington DC Grower Develops City’s First Edible is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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10 Jul 2015
Posted by Mary Jane
Category MMJ Business Daily

Alaska Coalition Latest to Form State Industry Group

Marijuana entrepreneurs in Alaska have formed an industry group to support and lobby for cannabis businesses in the state, the latest trade organization to form as medical and recreational MJ programs expand. The Alaska Marijuana Industry Association said individuals and companies that work within the state’s legal cannabis sector can become members. As the industry […]

Alaska Coalition Latest to Form State Industry Group is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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10 Jul 2015
Posted by Mary Jane
Category MMJ Business Daily

Court Sides With IRS on 280E

A federal appeals court in California has ruled in favor of the 280E portion of the federal tax code, meaning marijuana companies will still have to battle one of the industry’s biggest challenges. The Ninth U.S. Circuit Court of Appeals ruled in a case involving a marijuana club called the Vapor Room, which claimed it […]

Court Sides With IRS on 280E is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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10 Jul 2015
Posted by Mary Jane
Category MMJ Business Daily

Week in Review: Wakeup Call for Tribes, Big CBD Step in Florida + Hemp Victory in Oregon

By John Schroyer Federal agents raid a pair of marijuana grows on Native American lands, two dozen companies apply for Florida CBD licenses, and hemp farmers dodge a bullet in Oregon. Here’s a closer look at several notable developments in the marijuana industry over the past week. No Sovereign Immunity After All Federal agents sent […]

Week in Review: Wakeup Call for Tribes, Big CBD Step in Florida + Hemp Victory in Oregon is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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09 Jul 2015
Posted by Mary Jane
Category MMJ Business Daily

Congress Takes Step Forward, Step Back on Marijuana

Congress is still apparently quite divided on how to deal with the marijuana industry and its federal status, as two developments this week underscore. A bipartisan bill was introduced on Thursday in the Senate to prohibit federal agencies from penalizing banks that work with the marijuana industry – which could be an enormous step towards […]

Congress Takes Step Forward, Step Back on Marijuana is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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09 Jul 2015
Posted by Mary Jane
Category MMJ Business Daily

Canadian MMJ Giant Says Cannabis Extracts Efforts ‘Well Underway’

One of the biggest names in Canada’s medical marijuana industry said it is gearing up quickly to produce and sell cannabis oil after the government clarified federal laws governing extracts. Tweed Marijuana, one of 25 companies licensed to either produce or sell MMJ in Canada, said its facilities are capable of housing extraction equipment and […]

Canadian MMJ Giant Says Cannabis Extracts Efforts ‘Well Underway’ is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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09 Jul 2015
Posted by Mary Jane
Category MMJ Business Daily

Alaska Estimates $5M-$19M Tax Haul From Recreational Cannabis

A report by the Alaska Department of Revenue estimates that the state will collect anywhere between $5 million and $19 million in taxes from recreational cannabis sales to locals, indicating the huge amount of uncertainty over the potential size of the market. The state did not provide a revenue projection, though the report estimates annual […]

Alaska Estimates $5M-$19M Tax Haul From Recreational Cannabis is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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09 Jul 2015
Posted by Mary Jane
Category MMJ Business Daily

New Businesses Connect CA Wholesale Cannabis Growers to Patients, Cut Out Dispensaries

By John Schroyer A new medical marijuana business trend has sprung up in northern California: “farm-to-table” delivery. At least three startup companies – Potbox, Flow Kana and Loud Cannabis – are specializing in helping wholesale MMJ cultivators sell directly to patients. Scores of delivery services exist in the state, some operated by dispensaries and others […]

New Businesses Connect CA Wholesale Cannabis Growers to Patients, Cut Out Dispensaries is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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