MMJ Business Daily

29 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

WA Moves Closer to Overhauling Marijuana Tax Structure

Washington State growers and processors would no longer pay a 25% tax on cannabis and marijuana-based products under a bill awaiting Gov. Jay Inslee’s signature. The measure – House Bill 2136 – would replace the state’s three-tier tax system with a single excise tax of 37% assessed on sales at retail cannabis stores. The move […]

WA Moves Closer to Overhauling Marijuana Tax Structure is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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29 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

WA Moves Closer to Overhauling Marijuana Tax Structure

Washington State growers and processors would no longer pay a 25% tax on cannabis and marijuana-based products under a bill awaiting Gov. Jay Inslee’s signature. The measure – House Bill 2136 – would replace the state’s three-tier tax system with a single excise tax of 37% assessed on sales at retail cannabis stores. The move […]

WA Moves Closer to Overhauling Marijuana Tax Structure is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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29 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Chart of the Week: Average Purchase Amount at Dispensaries Ranges From $60 to $100+

By Becky Olson The spending habits of medical cannabis patients can vary greatly by state, with the average purchase amount at dispensaries ranging from $60 in some markets to more than $100 in others, according to a survey of business owners conducted for the 2015 Marijuana Business Factbook. The amount of money patients spend depends […]

Chart of the Week: Average Purchase Amount at Dispensaries Ranges From $60 to $100+ is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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26 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

First MMJ Dispensary Opens in Delaware

Delaware’s only licensed medical cannabis dispensary officially opened in the northern town of Wilmington on Friday, bringing another state under the MMJ industry’s umbrella. First State Compassion Center welcomed its first patients in the morning, and lines formed 50-people deep at times, according to the News Journal. Though Delaware legalized MMJ in 2011, the program […]

First MMJ Dispensary Opens in Delaware is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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26 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Canadian Cultivator Tilray to Lay Off 61 Employees

Canadian medical marijuana producer and distributor Tilray said it will lay off 61 employees as the company changes up its operating model. The move comes about a year after Tilary opened its cultivation facility in the town of Nanaimo and a day after two of its competitors announced they are merging to create a powerhouse […]

Canadian Cultivator Tilray to Lay Off 61 Employees is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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26 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

South Dakota Tribe to Partner With Colorado Grower

A South Dakota tribe announced this week that it is teaming up with a cannabis company to put together a business infrastructure for growing and selling recreational marijuana on its reservation, even though cannabis is still illegal in the state. Leaders of the Flandreau Santee Sioux Tribe, which has a reservation on the eastern edge […]

South Dakota Tribe to Partner With Colorado Grower is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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26 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Week in Review: Major Merger in Canada, CO Price Drop + Edibles Potency Claims Debunked

By John Schroyer One of the biggest medical marijuana companies in Canada purchases a rival, cannabis prices tumble in Colorado, and edibles potency claims come under fire. Here’s a closer look at several notable developments in the marijuana industry over the past week. MMJ Merger Up North The Canadian MMJ industry was shaken up this […]

Week in Review: Major Merger in Canada, CO Price Drop + Edibles Potency Claims Debunked is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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25 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Startup Acquires Inventory Tracking Firm, Plans Banking Solution

A Los Angeles-based financial services startup backed by a notable investor announced Thursday that it has reached an agreement to purchase the cannabis software firm Agrisoft Development Corp. Kind Financial – which has raised $2 million from investors, including a member of the family that owns the Philadelphia Flyers – said its acquisition of Agrisoft […]

Startup Acquires Inventory Tracking Firm, Plans Banking Solution is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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25 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Vancouver Will Regulate Dispensaries Despite Federal Ban

The Vancouver City Council has voted to create a bylaw governing the city’s many dispensaries, a move that flies in the face of federal regulations banning medical marijuana sales via storefront businesses. Under the bylaw, dispensary owners will pay a $30,000 license fee and must be at least 300 meters (984 feet) from community centers, […]

Vancouver Will Regulate Dispensaries Despite Federal Ban is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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25 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Measure to Sink Ohio Cannabis Legalization Effort Makes Ballot

A measure that could derail an Ohio group’s attempt to legalize medical and recreational marijuana in the state will be on the November ballot. The measure, which passed the state House 81-12, will determine whether to ban constitutional amendments that effectively create monopolies, the Toledo Blade reported. If voters support it, the hastily written and […]

Measure to Sink Ohio Cannabis Legalization Effort Makes Ballot is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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