MMJ Business Daily

Sheriffs File Lawsuit Over Colorado Legalization

Sheriffs from three states have filed a lawsuit against Colorado over recreational marijuana, presenting another legal challenge for the controversial legislation. Twelve sheriffs and prosecutors filed the suit, saying state legalization is trumped by federal law and therefore violates the supremacy clause of the U.S. Constitution. The plaintiffs said they’ve suffered “direct and significant harm” […]

Sheriffs File Lawsuit Over Colorado Legalization is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Bank CEO Steps Down to Enter Cannabis Industry

By John Schroyer The top executive of a groundbreaking Nevada bank that began working with the marijuana industry last year has left his post to accept a job with a financial services startup targeting cannabis companies. John Sullivan, who served as president and CEO of First Security Bank of Nevada for nearly four years and convinced […]

Bank CEO Steps Down to Enter Cannabis Industry is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Another Nat’l Poll Finds Majority of Americans Favor Legalization

Some more good news for cannabis activists and businesses: A respected national poll taken every two years has found that 52% of Americans now support marijuana legalization. That’s an increase of 9% from the last time the poll – called the General Social Survey – was taken in 2012, according to The Washington Post. The […]

Another Nat’l Poll Finds Majority of Americans Favor Legalization is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Insurance Firms Urged to Craft MJ Policies

Mainstream insurance companies should start crafting policies to cover legal marijuana businesses as the industry grows, a report in an insurance trade publication recommends. Rec legalization will have a “profound impact” on various types of insurance including personal, commercial, workers’ comp, product liability and healthcare plans, according to PropertyCasualty360.com. Insurance companies can deny claims because […]

Insurance Firms Urged to Craft MJ Policies is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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DC Bans Consumption at Private Clubs

In a bid to curtail premature business opportunities tied to recreational marijuana, city leaders in Washington DC have passed a bill banning cannabis consumption in private clubs. City council members passed the emergency legislation unanimously, worried that pseudo-businesses would begin charging membership fees for access to clubs that allow consumption. Any business caught violating the […]

DC Bans Consumption at Private Clubs is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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$36 Million Raised for Ohio MJ Legalization

A group in Ohio has already raised $36 million for a proposed ballot measure that would legalize medical and recreational cannabis – by far the most money ever generated for a state marijuana campaign. Last year in Florida, backers of an initiative to legalize medical marijuana raised a little over $8 million in what was billed […]

$36 Million Raised for Ohio MJ Legalization is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Landing a Multi-Million Dollar Investment: Q&A With David Dinenberg of Kind Financial

By Tony C. Dreibus More big-money investors are looking at the cannabis industry as public perception sways in favor of legalization and the overall risks subside. Everybody from savvy business pros who’ve pumped millions into mainstream industries to the types of celebrities you’d expect to invest in marijuana (Snoop Dogg and Tommy Read MoreLanding a […]

Landing a Multi-Million Dollar Investment: Q&A With David Dinenberg of Kind Financial is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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PharmaCann Poised to Hold Most IL Licenses

After a medical marijuana company abandoned its cultivation license on Monday in an area west of Chicago, the permit is being offered to the runner-up in the district’s scoring process: PharmaCann. PharmaCann already has one cultivation permit and four dispensary licenses, and it’s now poised to become the biggest MMJ company in the state, with […]

PharmaCann Poised to Hold Most IL Licenses is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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WA Could Outlaw Marijuana Vending Machines

Washington State entrepreneurs hoping to sell marijuana through vending machines or drive-up windows took a hit this week when the Senate approved a bill that would ban such practices. The measure, which passed 47-0 on Monday, aims to keep marijuana from being sold in public places, according to the Associated Press. But it’s not a […]

WA Could Outlaw Marijuana Vending Machines is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Cannabis Producers Have New Worry: Stoned Rabbits

Cannabis businesses face opposition from anti-marijuana advocates worried about the drug falling into the hands of children. Now they also must battle fears about the impact of marijuana on animals. A DEA agent warned a legislative panel in Utah debating whether to allow CBD-based edibles that cannabis legalization could lead to fields of stoned rabbits. […]

Cannabis Producers Have New Worry: Stoned Rabbits is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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