MMJ Business Daily

For Marijuana Companies, Biggest Security Concern Comes From the Inside

By John Schroyer Robberies involving medical marijuana dispensaries, recreational stores and cultivation sites may make headlines, but the biggest security threat for cannabis businesses isn’t tied to unknown masked men hoping to make a quick buck. Roughly 90% of financial and product loss in the marijuana industry can be chalked up to employee theft, according […]

For Marijuana Companies, Biggest Security Concern Comes From the Inside is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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OH Legalization Campaign Sabotage Allegation Tossed

A complaint filed by one marijuana legalization campaign against another in Ohio was dismissed unanimously on Thursday by the Ohio Elections Commission, which ruled that it doesn’t have jurisdiction in the matter. The Ohio Rights Group (ORG), which filed the complaint last month against ResponsibleOhio, charged that ResponsibleOhio deliberately tried to sabotage its efforts to […]

OH Legalization Campaign Sabotage Allegation Tossed is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Big MN-Backed Grower Applies for Coveted NY License

Kyle Kingsley, MD, is hoping he’s found a way to expand his cannabis cultivation company across multiple states, by setting up a series of linked LLCs and by emphasizing his traditional medical background in license applications. After Kingsley founded Minnesota Medical Solutions LLC (aka MinnMed) two years ago, it won one of only two cultivator […]

Big MN-Backed Grower Applies for Coveted NY License is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Week in Review: Final Conference News, Symbolic MMJ Victory in TX + MA Licensing Overhaul

By John Schroyer, Becky Olson and Tony C. Dreibus Final highlights from the Spring Marijuana Business Conference and Expo, the Texas Legislature passes a (possibly entirely) symbolic victory for medical cannabis advocates, and Massachusetts, embattled by licensing lawsuits, announces big changes in its MMJ licensing application process. Here’s a closer look at notable developments in […]

Week in Review: Final Conference News, Symbolic MMJ Victory in TX + MA Licensing Overhaul is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Conference Day Two Keynotes: Banking and Dealing With MMJ Naysayers

By John Schroyer Watch out for potential lawbreakers as customers. That was just one word of advice offered by Tom Fleming on Thursday morning to a room full of cannabis entrepreneurs at the 2015 Spring Marijuana Business Conference and Expo in Chicago. Fleming, a former official with the Financial Crimes Enforcement Network (FinCEN) at the […]

Conference Day Two Keynotes: Banking and Dealing With MMJ Naysayers is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Four WA Rec Stores Sell to Minors in Sting Operation

A quartet of recreational cannabis shops in Washington State wrongly sold marijuana to minors in the course of the state’s first-ever sting operation. The four stores, which will all be cited for violations by the Washington Liquor Control Board, could face up to a 10-day suspension of their business licenses or a $2,500 fine, according […]

Four WA Rec Stores Sell to Minors in Sting Operation is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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New Lawsuit: CO Cannabis Baron Breaking IL MMJ Rules

Yet another lawsuit has been filed in Illinois over the licensing process in the state’s medical marijuana program, and the new suit claims that a Colorado cannabis businessman has broken anti-monopolization rules. The suit alleges that Kayvan Khalatbari, the owner of consulting firm Denver Relief, has a controlling interest in more than three companies with […]

New Lawsuit: CO Cannabis Baron Breaking IL MMJ Rules is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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5 Key Takeaways From the First Full Day of the Big Spring Conference

By John Schroyer and Becky Olson More than 2,100 cannabusiness executives and major investors have descended on Chicago for the national Spring Marijuana Business Conference & Expo. After a rousing keynote by Steven Levitt, co-author of the bestselling book Freakonomics, session topics ranged from new markets to testing and labeling. Five key highlights: 1.The Megalithic […]

5 Key Takeaways From the First Full Day of the Big Spring Conference is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Levitt: MJ Entrepreneurs Should Seek Out New Ideas

By John Schroyer Elicit professional feedback, and seize on new ideas wherever possible. That was a primary business message to hundreds of cannabis entrepreneurs who packed into a second floor ballroom at the Chicago Hilton on Wednesday to hear a speech from economist Steven Levitt, co-author of the best selling book Freakonomics. Levitt, who spoke […]

Levitt: MJ Entrepreneurs Should Seek Out New Ideas is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Facebook Blocks MMJ Educational Video

Medical cannabis apparently isn’t socially acceptable in Connecticut. At least, not by Facebook. A marketing firm in the state which attempted to upload an educational video about MMJ to Facebook recently was blocked, and his account was then prohibited from posting further videos, according to a Connecticut TV station. The video wasn’t even a sales […]

Facebook Blocks MMJ Educational Video is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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