MMJ Business Daily

CA Judge Won’t Reschedule Marijuana

A federal judge in California on Wednesday declined to overturn marijuana’s place on the Drug Enforcement Agency’s list of controlled substances. U.S. Judge Kimberly Mueller raised hopes within the cannabis industry last year when she held a five-day hearing on the issue of whether marijuana belongs on the DEA’s Schedule I list, alongside narcotics such […]

CA Judge Won’t Reschedule Marijuana is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Bill Rolling Washington MMJ Into Recreational Program Advances

Washington State Gov. Jay Inslee will likely sign a bill passed by the Legislature that would roll the state’s unregulated medical marijuana market into its heavily regulated recreational cannabis program. The bill would require dispensaries and MMJ cultivators to obtain licenses through a new agency called the Washington State Liquor and Cannabis Board, which would […]

Bill Rolling Washington MMJ Into Recreational Program Advances is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Dixie Who? Cannabis Companies Share Similar Brand Name in Unusual Business Scenario

By John Schroyer A year ago, Dixie Elixirs and Medical Marijuana Inc. reached an “amicable resolution” on a year-long legal dispute over a partnership that went sour. Part of the settlement created a novel business situation in which Dixie Elixirs agreed to sell its non-psychoactive hemp-based CBD product line called Dixie Botanicals to Medical Marijuana […]

Dixie Who? Cannabis Companies Share Similar Brand Name in Unusual Business Scenario is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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New Jersey Dispensary in Labor Dispute Turned Away By Law Firm

Some attorneys still won’t touch the cannabis industry, it seems. David Knowlton, co-founder of the Compassionate Care Foundation dispensary in New Jersey, is slated to appear in court this week to defend his business against allegations that it has engaged in anti-unionization practices, But he’ll do so without the help of lawyer, according to NJ.com. […]

New Jersey Dispensary in Labor Dispute Turned Away By Law Firm is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Delaware’s 1st Dispensary Delayed Again, Set For June Opening

The opening of Delaware’s first and only MMJ dispensary has been delayed again, but this time construction issues are to blame rather than regulatory problems. First State Compassion Center near Wilmington, scheduled to open this month, likely will not launch until at least June thanks to electrical issues, its president said. Delaware residents approved MMJ […]

Delaware’s 1st Dispensary Delayed Again, Set For June Opening is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Millions More Devoted to New York MMJ Industry

Even though New York hasn’t even begun issuing business licenses yet for medical marijuana companies, a plan is already underway for a $10 million cultivation operation in a farming community between the Big Apple and Albany. A company called Valley Agriceuticals, comprised of several health care and cannabis industry insiders, is trying to position itself […]

Millions More Devoted to New York MMJ Industry is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Tech Firm Behind MMJ Delivery App Raises $10 Million as Investors Warm to Cannabis

By Tony C. Dreibus Eaze, a technology company that helps facilitate medical marijuana deliveries to patients, has raised $10 million in venture capital funding that will allow the San Francisco-based business to expand geographically and improve its customer service. The fundraising effort was led by venture capital firm DCM Ventures, which has more than $2.5 […]

Tech Firm Behind MMJ Delivery App Raises $10 Million as Investors Warm to Cannabis is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Illinois Gov Won’t Extend MMJ Pilot Program Yet

In response to attempts by lawmakers to extend the timeline for the state’s medical cannabis pilot program, Gov. Bruce Rauner made it clear on Monday that he isn’t going to sign an extension. “The governor believes there is a lot of time left to evaluate a pilot program, and we should not extend the program […]

Illinois Gov Won’t Extend MMJ Pilot Program Yet is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Filings Show Many Banks Working With Cannabis Businesses

Banks have filed more than 1,700 so-called “marijuana limited” suspicious activity reports since the federal government issued guidance early last year on how financial institutions can handle dealings with cannabis businesses, an indication that banks are in fact working with marijuana companies, according to the Wall Street Journal. A “marijuana limited” report is filed by […]

Filings Show Many Banks Working With Cannabis Businesses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Filings Show Many Banks Working With Cannabis Businesses

Banks have filed more than 1,700 so-called “marijuana limited” suspicious activity reports since the federal government issued guidance early last year on how financial institutions can handle dealings with cannabis businesses, an indication that banks are in fact working with marijuana companies, according to the Wall Street Journal. A “marijuana limited” report is filed by […]

Filings Show Many Banks Working With Cannabis Businesses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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