MMJ Business Daily

10 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

3 New Hampshire Dispensary Applicants Get Initial Approval

New Hampshire’s first dispensaries received state approval to begin operations, but they must now get local permission and a separate state certificate to open their doors. Prime Alternative Treatment Centers of New Hampshire, Temescal Wellness, and Sanctuary ATC were selected from 14 applicants to operate four MMJ outlets in the state. Temescal Wellness will operate […]

3 New Hampshire Dispensary Applicants Get Initial Approval is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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10 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Recreational Marijuana Polling Well in California

Support for recreational marijuana is growing in California as advocates attempt to get a legalization bill on the 2016 ballot. A new study from the Public Policy Institute of California found record-high support for recreational cannabis legalization in the state, with 53% of respondents saying they support repealing prohibition. Support from likely voters is even […]

Recreational Marijuana Polling Well in California is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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10 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

43 Companies Vying for New York MMJ Licenses

The final tally is in: 43 companies, including several from outside of New York, turned in applications for the five medical marijuana business licenses the state will award next month. View the entire list of applicants here. Two of the most prominent names included on the list are Tilray New York and Mindful Medical New […]

43 Companies Vying for New York MMJ Licenses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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10 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Insurance Giant’s Exit From Cannabis Market Could Trigger Shakeup, Higher Rates

By Tony C. Dreibus A decision late last month by Lloyd’s of London to exit the cannabis industry may change the dynamics of the marijuana insurance market and usher in higher rates for cultivators, processors, retailers and ancillary companies. The move by the 327-year-old company, which has offered policies to the marijuana industry for more […]

Insurance Giant’s Exit From Cannabis Market Could Trigger Shakeup, Higher Rates is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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09 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Louisiana MMJ Bill Sent to Governor

The Louisiana Legislature has put its final stamp of approval on a medical marijuana legalization bill, sending the measure to the state’s governor, who has said he will sign it. The bill would create one of the strictest MMJ programs in the country and might prove difficult to implement. Under the bill, only one cultivation […]

Louisiana MMJ Bill Sent to Governor is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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09 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Oregon Could Levy 20% Sales Tax on Recreational Marijuana

Cannabis businesses in Oregon could pay up to 20% in state and local sales taxes on recreational cannabis transactions under a tentative deal reached by lawmakers. The agreement – which is still subject to change – would allow Oregon to collect a 17% tax on marijuana sales, while cities and counties could  levy a 3% […]

Oregon Could Levy 20% Sales Tax on Recreational Marijuana is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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09 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Company Donates $1M to Canadian Marijuana Research

A Canadian startup that’s hoping to grow and sell medical cannabis is giving the University of British Columbia $1 million to bolster MMJ research. National Green Biomed, which was founded last year, is making the donation to support efforts by the university to study the use of marijuana in treating HIV and AIDS. The company […]

Company Donates $1M to Canadian Marijuana Research is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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09 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Increasing Union Membership Presents New Opportunities, Challenges for Cannabis Industry

By John Schroyer A growing number of marijuana workers have unionized in recent years, adding a new dynamic to a rapidly growing – yet still relatively young – industry. The United Food and Commercial Workers Union, one of the largest labor organizations in the country, has been leading the charge. The group even has a […]

Increasing Union Membership Presents New Opportunities, Challenges for Cannabis Industry is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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08 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Industrial Hemp Stalls in Indiana

Although industrial hemp production was legalized in the staunchly red state of Indiana last year, no fields have yet been planted. That’s because would-be hemp companies have been waiting for months on both federal approval of the program as well as seeds to sow. As a consequence, the state is lagging far behind its neighbor […]

Industrial Hemp Stalls in Indiana is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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08 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Ohio Lawmakers Want to Ban Marijuana ‘Monopoly’

Ohio legislators don’t want the marijuana business to look like the state’s casino industry if voters legalize cannabis this fall. In 2009, a group that included Cleveland Cavaliers owner Dan Gilbert was granted exclusive rights to build four casinos in the state. Similarly, a proposal from a group called ResponsibleOhio would green-light medical and recreational […]

Ohio Lawmakers Want to Ban Marijuana ‘Monopoly’ is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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