MMJ Business Daily

50+ Medical Cannabis Business Applications Filed in MA

The Green Rush is back on in Massachusetts. The opening of the first medical cannabis dispensary in the state a week ago has renewed interest in the marijuana industry there. So far this week, the state has been “flooded” with more than 50 business license applications, according to the Boston Globe. To date, Massachusetts has […]

50+ Medical Cannabis Business Applications Filed in MA is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Oregon Rec Rules Materializing, Early Sales Possible

Rules governing Oregon’s recreational marijuana market are taking shape, with state lawmakers sending two bills establishing regulations on the industry to the governor. At the same time, the state Senate has passed a proposal that would allow adult-use sales to start on Oct. 1, moving the bill to the House. One of the measures awaiting […]

Oregon Rec Rules Materializing, Early Sales Possible is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Raising Money in the Cannabis Industry: Q&A With Brendan Kennedy of Privateer Holdings

By Tony C. Dreibus Privateer Holdings made waves earlier this year when it closed on a $75 million round of financing, the largest infusion of cash into a cannabis-focused private equity firm in the marijuana industry’s short history. What’s more, a major mainstream investor contributed to the round: Paypal co-founder Peter Thiel. The financing windfall […]

Raising Money in the Cannabis Industry: Q&A With Brendan Kennedy of Privateer Holdings is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Rand Paul Brings in Six Figures at MJ Industry Fundraiser

Republican presidential candidate Rand Paul made a splash in Denver on Tuesday, raising an estimated minimum of $120,000 in a closed-door private fundraising event at the National Cannabis Industry Association’s Cannabis Business Summit. The total amount raised puts him firmly in the top tier of public officials who have raised campaign funds from the cannabis […]

Rand Paul Brings in Six Figures at MJ Industry Fundraiser is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Hawaii Bill Establishing Dispensaries Likely To Become Law

Dispensaries could be open in Hawaii in just over a year, as a bill establishing a licensing system for MMJ storefronts appears on its way to becoming law. House Bill 321 will allow for up to 16 dispensaries for certified patients that could open as soon as July 2016, according to Pacific Business News. The […]

Hawaii Bill Establishing Dispensaries Likely To Become Law is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Second MMJ Bill Introduced in Pennsylvania Legislature

In an attempt to get around obstructionists in the state House of Representatives who have been trying to either kill or stall a medical marijuana legalization bill, three state representatives in Pennsylvania on Tuesday introduced a new companion measure with the hope of getting MMJ approved. The new bill is much narrower than the original, […]

Second MMJ Bill Introduced in Pennsylvania Legislature is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Fifth New Jersey MMJ Dispensary Given Green Light

And then there were five. Dispensaries permitted in New Jersey, that is. Compassionate Sciences, Inc. was granted a license to begin growing and dispensing medical cannabis on Monday by the state Health Department, according to NJ.com. The company will be only the fifth dispensary in the state. For months, New Jersey had only three operational […]

Fifth New Jersey MMJ Dispensary Given Green Light is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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On Eve of Launch, Minnesota’s MMJ Companies Optimistic Despite Tiny Patient Base

By Tony C. Dreibus Low patient numbers, limited consumption options and hesitant doctors rank as some of the biggest challenges facing Minnesota’s medical marijuana industry, which is slated to launch Wednesday when the first two dispensaries in the state open. As of June 25, just 65 patients had been authorized to purchase medical marijuana, according […]

On Eve of Launch, Minnesota’s MMJ Companies Optimistic Despite Tiny Patient Base is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Louisiana Officially Legalizes Medical Marijuana

Louisiana Gov. Bobby Jindal has signed a bill making his state the 24th in the nation to legalize medical cannabis, but it’s questionable whether the program will ever get off the ground. The law requires that patients obtain a prescription for cannabis from a physician. Since the Drug Enforcement Administration still lists marijuana as a […]

Louisiana Officially Legalizes Medical Marijuana is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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New York Cannabis Firm Buys Oregon Utility Building for $3M

In another sign of the marijuana industry’s growing national reach, a New York-based real estate firm focused on the cannabis industry has spent $3 million on an industrial building in one of Oregon’s largest cities. The firm, Kalyx Development, has purchased a 107,000-square foot building from the water and electric agency in Eugene, Oregon, according […]

New York Cannabis Firm Buys Oregon Utility Building for $3M is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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