MMJ Business Daily

Oregon marijuana firm lands $12.5M from Canada’s Tidal Royalty to fund expansion

Oregon-based Diem Cannabis is poised to enter a new market after landing upwards of $12.5 million in financing from Toronto-based Tidal Royalty Corp. The capital will be used over the next three years to develop and operate a large-scale cultivation an…

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California’s 2018 legislative session a ‘mixed bag’ for marijuana businesses

The 2018 California legislative session in Sacramento – which wound to a close Aug. 31 – was a mix of highs and lows for licensed cannabis companies, with some major victories scored literally on the last day while other high-profile bills …

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5 ways to market your cannabis company in Canada without breaking the law

Canada’s legal cannabis industry means big business for the country and its entrepreneurs. But when it comes to launching brands with a bang come Oct. 17, governments haven’t made it easy, with a quagmire of overlapping laws and regulations…

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MA attorney general reverses ruling that allowed cities to ban medical cannabis firms

Medical marijuana businesses in Massachusetts may have one fewer headache after state Attorney General Maura Healey reversed an earlier decision that allowed municipalities in the state to prohibit MMJ dispensaries. Here are the basics behind the situa…

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Some Oklahoma doctors reportedly won’t recommend medical cannabis

Oklahoma’s potential $100 million-$150 million medical marijuana program is facing a new hurdle that could hamper sales: Many doctors might not be able to tell patients about their MMJ options. At least two health-care systems – Saint Francis Hea…

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State leaders seek banking solution for cannabis industry

Louisiana’s top banking regulator has joined colleagues in other marijuana-legal states asking the U.S. Congress to clear the way for banks to do business with the marijuana industry. John Ducrest, commissioner of Louisiana’s Office of Fina…

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Why a saturated marijuana market is leading some Oregon growers to pivot to hemp

It’s no secret that Oregon is growing far more marijuana than the market can absorb, so some cultivators are turning to MJ’s cousin: hemp. As Oregon cannabis prices continue to sink to new lows amid a product glut, outdoor growers are apply…

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Marijuana Business Daily to resume publishing Tuesday

Marijuana Business Daily is closed for Labor Day and will resume publishing Tuesday.
Marijuana Business Daily to resume publishing Tuesday is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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California cannabis delivery opponents hawk anti-delivery website

A trio of heavy-hitting political organizations in Sacramento announced a new website Friday in a push to influence California regulators to abandon plans to allow marijuana delivery statewide. The cannabis industry is largely united in favor of the st…

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California cannabis regulators revoke four business licenses

California marijuana regulators revoked the licenses of four MJ businesses after the municipalities where those companies were located nixed their operations. The four account for only a handful of the 433 California marijuana companies that have seen …

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