MMJ Business Daily

22 Apr 2015
Posted by Mary Jane
Category MMJ Business Daily

Oregon Expects 2,000 Applicants for Recreational MJ Licenses

Oregon officials in charge of regulating the state’s up-and-coming recreational marijuana industry expect roughly 2,000 applicants to throw their hats in the ring for retail store, cultivation, processing and wholesale licenses in the first six months of next year. Yet they envision approving just 1,300 of those applications – a success rate of only 65%. […]

Oregon Expects 2,000 Applicants for Recreational MJ Licenses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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22 Apr 2015
Posted by Mary Jane
Category MMJ Business Daily

Marijuana Testing Lab Seeks $5 Million for International Expansion

One of the first commercial cannabis testing labs in the United States is seeking $5 million in financing to enter two more states and eventually expand to Jamaica. Steep Hill Labs Inc., which is headquartered in the San Francisco area, has raised $4 million in investments since it was founded in 2008, according to the San […]

Marijuana Testing Lab Seeks $5 Million for International Expansion is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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22 Apr 2015
Posted by Mary Jane
Category MMJ Business Daily

Cannabis Incubator Blossoms in Unlikely Place

By Tony C. Dreibus Several entrepreneurs who want to start cannabis businesses are looking to an unlikely place for help: deep in the heart of Texas. Nine startups, including five from out of state, are now enrolled with and receive assistance from the Texas Cannabis Industry Association (TCIA), an incubator that offers fledgling marijuana-related companies […]

Cannabis Incubator Blossoms in Unlikely Place is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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21 Apr 2015
Posted by Mary Jane
Category MMJ Business Daily

Anti-Marijuana DEA Chief to Resign

The head of the Drug Enforcement Agency will resign next month, prompting cheers from cannabis entrepreneurs frustrated with her vocal opposition to marijuana legalization and the industry in general. Michele Leonhart, the chief administrator of the DEA since 2010, had fallen out of favor with President Barack Obama’s administration long ago, in part for “appearing […]

Anti-Marijuana DEA Chief to Resign is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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21 Apr 2015
Posted by Mary Jane
Category MMJ Business Daily

Las Vegas Dispensary With ‘Snowball’s Chance’ Moves Forward

The owners of a planned Las Vegas dispensary held a ceremonial groundbreaking on Monday despite being told at one point – by their lawyer no less – that they had a “snowball’s chance in hell” of making it this far. Desert Aire Wellness won’t begin selling medical cannabis to patients until the end of summer, […]

Las Vegas Dispensary With ‘Snowball’s Chance’ Moves Forward is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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21 Apr 2015
Posted by Mary Jane
Category MMJ Business Daily

Michigan Medical Marijuana Renaissance Underway as Industry Quietly Booms

By John Schroyer Nearly four years ago, Michigan’s medical marijuana industry slipped into a downward spiral after an appeals court ruled that dispensaries are technically illegal under the state’s MMJ law. Hundreds of dispensaries shut down as a result, with owners deciding to exit the industry rather than face the possibility of criminal charges. A […]

Michigan Medical Marijuana Renaissance Underway as Industry Quietly Booms is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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21 Apr 2015
Posted by Mary Jane
Category MMJ Business Daily

Another Poll Finds Strong Support for Marijuana Legalization

Yet another national poll has revealed that attitudes towards legalizing cannabis have grown more tolerant in recent years. A study commissioned by CBS News has found that 53% of Americans back legalizing recreational marijuana, which is a milestone in the 26-year history of the poll. In 1979, the first year CBS conducted the poll, just […]

Another Poll Finds Strong Support for Marijuana Legalization is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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20 Apr 2015
Posted by Mary Jane
Category MMJ Business Daily

60% Plunge in Washington Recreational MJ Prices

Washington State cultivators must be hurting. The average price of a gram of retail cannabis has plummeted since recreational shops opened last July, from an average of $30 to $12 a gram now, according to The Seattle Times. That’s an eye-popping 60% decrease. Prices have been on the downswing for months, as an over-abundance of product […]

60% Plunge in Washington Recreational MJ Prices is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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20 Apr 2015
Posted by Mary Jane
Category MMJ Business Daily

Alaska Sets Up New Marijuana Board

The Alaska Legislature has decided to assign the difficult job of writing new regulations for recreational marijuana to a newly created supervisory board. In February, Gov. Bill Walker asked lawmakers to set up a Marijuana Control Board to oversee the recreational cannabis industry, and this past weekend the state House and Senate obliged. Both chambers […]

Alaska Sets Up New Marijuana Board is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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20 Apr 2015
Posted by Mary Jane
Category MMJ Business Daily

WeedMaps Pumps $2 Million Into CA Marijuana Legalization

WeedMaps is getting into politics. The popular dispensary listings site has pledged $1 million to a newly-formed campaign committee dubbed Californians for Sensible Reform, and another $1 million into a political action committee by the same name, according to the San Francisco Chronicle. The first committee will throw its finances behind whichever legalization ballot measure […]

WeedMaps Pumps $2 Million Into CA Marijuana Legalization is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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