MMJ Business Daily

01 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Florida CBD Dispensaries Could Open in Early 2016

After months of legal wrangling, it finally looks like Florida is setting a clear timetable for the rollout of its CBD program. The state Health Department is scheduled to accept applications from June 17 to July 8 for five business licenses to produce and sell CBD-based products. Officials will notify winners by Aug. 8. Companies […]

Florida CBD Dispensaries Could Open in Early 2016 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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01 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Wary Doctors Could Dampen Minnesota MMJ Market

Minnesota dispensaries preparing to begin operations next month may see smaller-than-expected patient numbers, as many doctors in the state are undecided on whether they’ll recommend cannabis for certain ailments. Patients who qualify for MMJ in the state must get an endorsement from their doctors, but a survey from the Minnesota Medical Association shows physicians are […]

Wary Doctors Could Dampen Minnesota MMJ Market is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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01 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Indiana Cannabis Church Gets Tax-Exempt Status From IRS

Marijuana business owners suffering from tax issues may need to find religion: The First Church of Cannabis in Indiana has been granted tax exempt status by the Internal Revenue Service. The church, whose founder will grow hemp and reportedly allow cannabis consumption on its premises, was approved by the secretary of state under Indiana’s controversial […]

Indiana Cannabis Church Gets Tax-Exempt Status From IRS is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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01 Jun 2015
Posted by Mary Jane
Category MMJ Business Daily

Chart of the Week: Potential Patient Increase for Legal L.A. Dispensaries if City Enforces Cap

By Becky Olson Legal medical marijuana dispensaries in Los Angeles stand to gain hundreds of new patients each and boost their revenues dramatically if local officials are successful enforcing a cap on the number of MMJ businesses in the city. The Los Angeles city attorney has been cracking down on illegal dispensaries since the passage […]

Chart of the Week: Potential Patient Increase for Legal L.A. Dispensaries if City Enforces Cap is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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29 May 2015
Posted by Mary Jane
Category MMJ Business Daily

Exclusive: Lloyd’s of London to Exit U.S. Cannabis Insurance Industry

By Tony C. Dreibus Lloyd’s of London, the UK-based insurance marketplace, has instructed underwriters not to open or renew existing accounts with marijuana companies in the United States until it’s legal at the federal level, leaving potentially thousands of cannabis business owners seeking new insurers for their crops, buildings and inventory. “Any policies of this […]

Exclusive: Lloyd’s of London to Exit U.S. Cannabis Insurance Industry is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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29 May 2015
Posted by Mary Jane
Category MMJ Business Daily

Minnesota Hospitals Get Green Light to Dispense Medical Marijuana

Minnesota will let hospitals dispense medical cannabis in pill and liquid forms after the governor signed off on a change to the state’s MMJ law, but it’s unlikely they’ll actually purchase marijuana directly from the state’s two producers. The original bill legalizing medical marijuana in the state didn’t include hospitals as places where MMJ can […]

Minnesota Hospitals Get Green Light to Dispense Medical Marijuana is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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29 May 2015
Posted by Mary Jane
Category MMJ Business Daily

8 Michigan Dispensaries Raided

State police raided eight medical cannabis dispensaries in northern Michigan this week, serving 16 search warrants and seizing an untold number of cannabis plants. Not a single arrest was made, however, even though law enforcement officials said the eight dispensaries are “suspected of selling marijuana illegally.” Police also seized processed marijuana products and “other evidence” […]

8 Michigan Dispensaries Raided is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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29 May 2015
Posted by Mary Jane
Category MMJ Business Daily

Week in Review: Minnesota MMJ CEO Targets New York, Hemp Flub in Oregon + PA Bill Hits Wall

By John Schroyer and Tony C. Dreibus An executive with one of Minnesota’s two licensed medical marijuana businesses seeks a license in another state, hemp farmers in Oregon get some potentially troubling news, and medical cannabis legalization in Pennsylvania hits a wall. Here’s a closer look at several notable developments in the marijuana industry over […]

Week in Review: Minnesota MMJ CEO Targets New York, Hemp Flub in Oregon + PA Bill Hits Wall is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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29 May 2015
Posted by Mary Jane
Category MMJ Business Daily

Week in Review: Minnesota MMJ CEO Targets New York, Hemp Flub in Oregon + PA Bill Hits Wall

By John Schroyer and Tony C. Dreibus An executive with one of Minnesota’s two licensed medical marijuana businesses seeks a license in another state, hemp farmers in Oregon get some potentially troubling news, and medical cannabis legalization in Pennsylvania hits a wall. Here’s a closer look at several notable developments in the marijuana industry over […]

Week in Review: Minnesota MMJ CEO Targets New York, Hemp Flub in Oregon + PA Bill Hits Wall is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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28 May 2015
Posted by Mary Jane
Category MMJ Business Daily

New York MMJ Firm Hires Former Homeland Security, DEA Officials

A company that has applied for a permit to grow, process and dispense medical marijuana in New York has hired the state’s former chief of homeland security and an ex-Drug Enforcement Administration official to prove it’s serious about security before officials begin selecting license winners in July. Empire State Compassionate Care has hired Michael Balboni, […]

New York MMJ Firm Hires Former Homeland Security, DEA Officials is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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