MMJ Business Daily

Chart: Illinois’ medical marijuana program progressing steadily, but more growth on horizon

Illinois’ medical marijuana program grew at a solid, consistent pace throughout 2017, but the potential addition of intractable pain as a qualifying MMJ condition in the state could set the table for a breakout year in 2018. Illinois added 14,000 MMJ p…

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Hearing for Colorado marijuana operator Sweet Leaf postponed; more arrests

A hearing for Colorado cannabis retail chain Sweet Leaf, whose business licenses were suspended after December raids, has been postponed until March, and more arrests have been made. The Sweet Leaf hearing in front of the Denver Department of Excise an…

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U.S. cannabis firm MedMen to go public in Canada “to add jet fuel” to growth plan

Count California-based MedMen as the latest U.S. marijuana company looking to Canada to raise money. The management and investment firm, which operates dispensaries and production facilities in California, New York and Nevada, plans to go public in Can…

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Oregon marijuana businesses face tougher penalties for selling to minors

The agency that regulates Oregon’s marijuana market has passed new rules that include heavier penalties for cannabis retailers and employees who sell product to minors. Effective immediately, first-time offenders will face 30-day license suspensi…

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CBD, hemp changes advancing in state Capitols

Federal confusion about CBD and hemp is giving state lawmakers in three of the most conservative parts of the country a reason to back cannabis legislation that addresses the cannabidiol conundrum. Indiana’s Senate voted this week to legalize all…

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Canada’s illicit marijuana industry bigger than domestic beer market

Canada’s black-market marijuana cultivation industry is larger than the country’s entire domestic brewing industry, according to a federal government agency, underscoring the importance that cannabis plays in Canada’s overall economy even b…

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GW Pharma aiming for FDA approval for CBD drug this year, again

British cannabis company GW Pharmaceuticals is hoping the U.S. Food and Drug Administration will sign off on its CBD-based epilepsy treatment, Epidiolex, as soon as this year. According to The Washington Post, GW is hoping to get the green light from t…

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California raids continue on unlicensed marijuana dispensaries

Law enforcement raids on California dispensaries are not completely a thing of the past, especially for those that continue to sell cannabis without obtaining state or local permits. In recent days, at least three unlicensed dispensaries have been raid…

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Colorado retains Franwell’s Metrc as cannabis seed-to-sale tracking system

Colorado marijuana regulators have chosen to continue the contract with Metrc for the state’s seed-to-sale tracking system. According to the Denver Post, Colorado’s Department of Revenue plans to add three years to its contract with Franwel…

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Week in Review: New Jersey explores MMJ expansion, California growers sue & rules violations in MA

New Jersey’s governor looks to improve the state’s medical marijuana program, California cannabis growers are suing the state over licensing, and Massachusetts’ MMJ inspections uncover numerous violations. Here’s a closer look at some…

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