MMJ Business Daily

Minnesota MMJ Companies Raise $30M

The two companies selected to grow and dispense medical cannabis in Minnesota have raised a combined $30 million in investments – an unprecedented amount for startups in a new MMJ market. Earlier this week, Minnesota Medical Solutions (also known as MinnMed) announced that it has secured $16.6 million in capital in capital ahead of its […]

Minnesota MMJ Companies Raise $30M is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Canadian MMJ Crackdown On the Way?

Medical marijuana businesses in Vancouver, British Columbia, may soon be in the city’s crosshairs. The city council has “decided to step in” with a new ordinance that will boost licensing fees and crack down on zoning for cannabis businesses in light of a federal prohibition of MMJ dispensaries, City Manager Penny Ballem told The Canadian […]

Canadian MMJ Crackdown On the Way? is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Seed-to-Sale Tracking Trend Continues With New Mexico

An increasing number of states are requiring cannabis companies to track every plant from seed to sale in a bid to increase oversight on the industry, which subsequently bolsters the market for businesses that make inventory software. The latest state to go in this direction: New Mexico. This week, officials awarded a state contract to […]

Seed-to-Sale Tracking Trend Continues With New Mexico is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Week in Review: Oregon Rec Preview, Florida MMJ Fail + California Dispensary Lawsuit

By John Schroyer and Tony C. Dreibus Oregon officials offer a glimpse of potential business activity in the state’s recreational cannabis industry, Florida fails to pass medical marijuana reforms once again, and a prominent California dispensary owner faces a lawsuit that seeks to shutter her business. Here’s a closer look at several notable developments in […]

Week in Review: Oregon Rec Preview, Florida MMJ Fail + California Dispensary Lawsuit is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Oregon Catering to Cash-Carrying Cannabis Businesses

The agency in charge of overseeing Oregon’s recreational marijuana industry is planning to add a dedicated window specifically for cannabis companies to pay their sales taxes as part of a broader move to bolster security. About 30% of existing medical marijuana businesses in the state pay their tax bills with cash thanks to a lack […]

Oregon Catering to Cash-Carrying Cannabis Businesses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Bill Would Prevent Feds From Targeting Compliant MJ Companies

Cannabis business owners harassed by federal prosecutors despite operating legally in their respective states would finally get some relief under a bipartisan bill introduced in the House on Wednesday. The bill – introduced by Rep. Dana Rohrabacher, a Republican from California – would amend the Controlled Substances Act to make an exception to federal law […]

Bill Would Prevent Feds From Targeting Compliant MJ Companies is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Florida Medical Marijuana Measures Fizzle Out

An attempt to legalize medical marijuana in Florida this year via the state Legislature is “effectively dead,” a key lawmaker behind the effort said. Sen. Jeff Brandes, R-St. Petersburg, sponsored a bill that at first had the support of the 2014 campaign to legalize medical marijuana in the state, but he told the Bradenton Herald […]

Florida Medical Marijuana Measures Fizzle Out is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Confusion Over Pesticide Rules Presents Conundrum for Colorado Cannabis Growers

By John Schroyer In March and early April, Denver officials ordered nine local cultivation companies to essentially quarantine tens of thousands of marijuana plants over fears of possible pesticide contamination. The state Department of Agriculture was even brought in to conduct tests on the plants to ensure they didn’t pose a danger to consumers. The […]

Confusion Over Pesticide Rules Presents Conundrum for Colorado Cannabis Growers is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Ohio Group Claims Sabotage in Legalization Efforts

An Ohio organization pushing for medical marijuana legalization in the state says a stronger, more well-funded group sabotaged its efforts to get a bill on the November ballot. The Ohio Rights Group (ORG) claims that ResponsibleOhio members Ian James and David Bruno promised to help ORG but instead took consulting fees from the group to […]

Ohio Group Claims Sabotage in Legalization Efforts is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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California Industry Association Head Faces Suit to Close Dispensary

A dispensary run by the president of the California Cannabis Industry Association has come under fire from local officials who want to shut down the operation, underscoring the difficulty of doing business in unregulated states. Lakisha Jenkins, who also sits on the board of the National Cannabis Industry Association, told Marijuana Business Daily she received […]

California Industry Association Head Faces Suit to Close Dispensary is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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