MMJ Business Daily

17 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Colorado Market Data: MJ Consumers Tend to Be Young, Under-Educated

Colorado cannabis business owners need to look no further than a recently released survey from the state to find their primary demographic: young males who haven’t attended college and are in lower income-tax brackets. More than 17% of men currently use cannabis in the state vs. 10% of women, with the average at around 13% […]

Colorado Market Data: MJ Consumers Tend to Be Young, Under-Educated is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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17 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Experts: Canada Must Develop Regulations on Cannabis Edibles, Extracts Quickly

By Tony C. Dreibus Canadian officials must craft rules on infused products quickly to ensure patients buy from federally licensed cannabis companies instead of illegal dispensaries or the black market, industry experts said. The Supreme Court of Canada last week struck down a provision in the country’s medical marijuana law that restricted cannabis production, possession […]

Experts: Canada Must Develop Regulations on Cannabis Edibles, Extracts Quickly is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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16 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Dispensary Lawsuit Alleges Bribes, Excessive Force

A dispensary in Santa Ana, California, has filed a lawsuit alleging the city’s mayor took bribes from competing medical marijuana businesses and that the police department used excessive force during a raid last month. The suit, filed on behalf of Sky High Holistic, alleges Mayor Miguel Pulido and other city officials accepted cash, limousine services […]

Dispensary Lawsuit Alleges Bribes, Excessive Force is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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16 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Promising Developments for Michigan Marijuana Legalization Efforts

Momentum is building for recreational marijuana legalization in Michigan. A new poll has found that 56% of likely voters in the state said they would support a constitutional amendment allowing the use of cannabis by adults 21 and over, according to the Detroit News. Just 36% oppose cannabis legalization in Michigan, while 8% said they […]

Promising Developments for Michigan Marijuana Legalization Efforts is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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16 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

South Dakota Tribe Votes to Grow, Sell Cannabis

Leaders of a Native American tribe in South Dakota have voted overwhelmingly to begin growing and selling recreational marijuana as soon as this fall. The Flandreau Santee Sioux Tribe executive committee approved a new pro-cannabis ordinance by a 5-1 vote, under which a single cultivation site and a lone rec shop will be designated, according […]

South Dakota Tribe Votes to Grow, Sell Cannabis is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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16 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

‘Embarrassingly Low’ Patient Count in Illinois a Big Concern for MMJ Businesses

By John Schroyer Scores of dispensaries are hoping to open in Illinois later this year, but they might face an immense challenge right out of the gate: a lack of customers. Illinois has approved just 2,500 patients for MMJ cards since opening the registry nearly nine months ago, which one attorney with ties to the […]

‘Embarrassingly Low’ Patient Count in Illinois a Big Concern for MMJ Businesses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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15 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

CO Ruling on Employee Cannabis Use Won’t Impact MJ Industry

Cannabis consumers and patients were dealt a blow Monday when the Colorado Supreme Court ruled that employers can still terminate workers for using marijuana, despite the fact that both medical and recreational cannabis are legal in the state. But the unanimous 6-0 decision in a case that dates back to 2010 isn’t really expected to […]

CO Ruling on Employee Cannabis Use Won’t Impact MJ Industry is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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15 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

California Grower, Contractor Fined for Environmental Violation

California marijuana cultivators need to be sure they’re aware of environmental regulations, as the state is looking to crack down on growers violating rules meant to protect waterways and wildlife. A local water board fined cannabis producer Christopher Cordes and his contractor $297,400 for illegally grading land in a way that harms surface waters in […]

California Grower, Contractor Fined for Environmental Violation is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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15 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Native American Leaders Hired to Tout Cannabis Industry

Two cannabis companies have brought on Native American leaders to foster marijuana production and commerce on tribal lands. Monarch America – a Denver-based company with subsidiaries that offer consulting services, produce infused drinks and sell indoor gardening supplies – has hired Robert Shepherd as its tribal relations officer, according to the Associated Press. Shepherd is […]

Native American Leaders Hired to Tout Cannabis Industry is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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15 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Chart of the Week: IRS Audit Rate for Existing Marijuana Businesses

By Becky Olson More than 6% of operational cannabis companies surveyed by Marijuana Business Daily said they have been audited by the Internal Revenue Service, which suggests that the industry faces more scrutiny on the tax front than other sectors. Testing labs reported the highest rate, with roughly 13% saying they have been audited, followed […]

Chart of the Week: IRS Audit Rate for Existing Marijuana Businesses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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