MMJ Business Daily

Exclusive Chart: Marijuana Industry to Create $10B+ Economic Impact in 2015, $30B By 2019

By Becky Olson The U.S. marijuana industry will pump an estimated $10 billion into state and local economies in 2015, with cannabis sales via dispensaries and recreational stores accounting for up to $3.1 billion of that total, according to exclusive data released today in the new edition of the Marijuana Business Factbook. Produced by Marijuana Business Daily, the […]

Exclusive Chart: Marijuana Industry to Create $10B+ Economic Impact in 2015, $30B By 2019 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Regulatory Baby Steps for Recreational Marijuana in Alaska

Alaska has taken its first step toward developing regulations on its recreational cannabis industry. The Alcoholic Beverage Control Board proposed some initial regulations during a meeting it held Thursday, focusing on a handful of legal definitions and outlinng options local governments would have when it comes to cannabis companies, according to the Alaska Dispatch News. […]

Regulatory Baby Steps for Recreational Marijuana in Alaska is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Italian Army Growing Medical Marijuana to Lower Price

Italy’s army has been hard at work – not fighting in the field, but cultivating medical cannabis in it. The army is operating a grow site in Florence in a bid to lower the price of MMJ from around 35 euros per gram (around $39) to between five and 15 euros per gram, according to […]

Italian Army Growing Medical Marijuana to Lower Price is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Week in Review: MA Company Wins Court Fight, NY Taking Applications + More CO Pesticide Concerns

By John Schroyer A Massachusetts dispensary company prevails over the state in a legal battle over licensing, New York begins accepting applications for just five business permits, and tens of thousands of additional marijuana plants are sequestered in Denver over pesticide concerns. Here’s a closer look at several notable developments in the marijuana industry over […]

Week in Review: MA Company Wins Court Fight, NY Taking Applications + More CO Pesticide Concerns is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Public Cannabis Company Resumes Trading

Advanced Cannabis Solutions is back – on the stock market, that is. Trading of the Denver-based company’s stock was halted by the U.S. Securities and Exchange Commission a little over a year ago after officials became concerned about potential illegal share distribution, and it was then automatically delisted from the main over-the-counter markets. That led […]

Public Cannabis Company Resumes Trading is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Colorado Gov. Walks Back Criticism of Legal Marijuana

Colorado Gov. John Hickenlooper hasn’t exactly been a huge fan of legal marijuana. He’s repeatedly criticized the legalization measure voters passed in 2012, even saying at one point last year that the move was “reckless” – which painted the recreational cannabis industry in a negative light. But Hickenlooper changed his tune this week, saying on […]

Colorado Gov. Walks Back Criticism of Legal Marijuana is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Significant Setbacks in Cannabis Banking Slow Recent Momentum

By Tony C. Dreibus Banking has long ranked as one of the biggest hurdles for cannabis companies, but the tide seemed to be turning as 2014 came to a close and the new year began. MBank, a community financial institution based in Oregon, had opened accounts with dozens of cannabis companies and even expanded into […]

Significant Setbacks in Cannabis Banking Slow Recent Momentum is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Oregon MMJ Growers May Face Stricter Rules

Oregon medical cannabis cultivators may face stricter reporting requirements and plant restrictions under a proposal by lawmakers who say the changes are needed to avoid the pitfalls facing the medical cannabis industry in nearby Washington State. The measure would cut in half the number of plants allowed at MMJ grow facilities to 12 in residential […]

Oregon MMJ Growers May Face Stricter Rules is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Major Union Backs Ohio Marijuana Legalization Effort

One of the biggest politically active unions in the country has thrown its weight behind a push in Ohio to legalize both recreational and medicinal marijuana this November. Three local chapters of the United Food and Commercial Workers Union in the state announced on Tuesday their support for a ballot measure being spearheaded by a […]

Major Union Backs Ohio Marijuana Legalization Effort is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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WA Group Challenging New Medical Marijuana Law

A Washington State group is looking to challenge newly minted regulations that roll the state’s medical marijuana market into its heavily regulated recreational cannabis program. The group hopes to gather enough signatures to get a referendum in front of voters that would unravel the new law. A spokesman for the proposal – dubbed Referendum 76 […]

WA Group Challenging New Medical Marijuana Law is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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