MMJ Business Daily

03 Mar 2015
Posted by Mary Jane
Category MMJ Business Daily

Nevada Senator: Secrecy in MMJ Licensing Process a ‘Disaster’

Nearly 40% of the 519 businesses that applied for medical cannabis business licenses in Nevada have chosen to remain anonymous, taking advantage of a stipulation in the state’s MMJ law that allows applicants to withhold their information from public view. A state senator believes that’s a big problem, saying the anonymity option gave rise to […]

Nevada Senator: Secrecy in MMJ Licensing Process a ‘Disaster’ is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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03 Mar 2015
Posted by Mary Jane
Category MMJ Business Daily

Alaska Could Provide Big Opportunities for Expansion-Minded MJ Companies in Other States

By John Schroyer Established cannabis companies looking to expand into new markets could find a major opening in Alaska if a recent legislative proposal becomes law. The measure – introduced in the state Legislature last week – would ban applicants seeking recreational cannabis licenses from accepting investments by third parties. That stipulation could give established […]

Alaska Could Provide Big Opportunities for Expansion-Minded MJ Companies in Other States is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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02 Mar 2015
Posted by Mary Jane
Category MMJ Business Daily

Florida’s Second Stab at CBD Rules Questioned

Florida is having a hard time figuring out rules for its CBD industry. The state health department’s decision to award dispensary licenses via lottery was upended by a judge in December, delaying implementation of Florida’s CBD law. Now, an attorney for the state Legislature has suggested that the department’s second attempt at proposing regulations is flawed. […]

Florida’s Second Stab at CBD Rules Questioned is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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02 Mar 2015
Posted by Mary Jane
Category MMJ Business Daily

Maine Medical Cannabis Sales Total $16.2M

Dispensaries in Maine sold an estimated $16.2 million worth of medical cannabis last year, while the state collected around $900,000 in taxes on those transactions, according to the latest figures. The tax haul was about 40% more than 2013, according to the Portland Press Herald, meaning sales rose by a similar amount. The state’s sizable […]

Maine Medical Cannabis Sales Total $16.2M is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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02 Mar 2015
Posted by Mary Jane
Category MMJ Business Daily

Oregon Agency Weighs in on MMJ, Rec Rules

Oregon could keep medical marijuana completely separate from recreational cannabis when retail sales begin next year. The Oregon Liquor Control Commission (OLCC), which is tasked with writing recommendations for policymakers, told the state Legislature that it believes medical and recreational cannabis should not be sold under one roof unless both are tracked the same way […]

Oregon Agency Weighs in on MMJ, Rec Rules is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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02 Mar 2015
Posted by Mary Jane
Category MMJ Business Daily

Chart of the Week: 2014 Performance of Cannabis Stocks by Quarter

By Marijuana Business Daily staff Cannabis stocks proved lucrative at the beginning of 2014, but the chances of a solid return deteriorated in the second half of the year. An investor who pumped money into a mix of securities followed by the Viridian Cannabis Stock Index in early January of last year could’ve netted a […]

Chart of the Week: 2014 Performance of Cannabis Stocks by Quarter is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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02 Mar 2015
Posted by Mary Jane
Category MMJ Business Daily

Missouri Awards Hemp Cultivation Licenses

Missouri has joined the growing number of states legalizing CBD-based medicines. The state awarded cultivation and production licenses for hemp to two companies, Noah’s Arc Foundation and BeLEAF Corporation. Mitch Meyers, the head of BeLEAF, also has plans to open a medical marijuana dispensary near Chicago, according to a Missouri TV station. The licenses are […]

Missouri Awards Hemp Cultivation Licenses is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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27 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

150K Pounds of Legal Marijuana Sold in CO Last Year

Dispensaries and retail cannabis stores in Colorado sold nearly 150,000 pounds of marijuana flower last year as overall demand for MJ soared in the nation’s first recreational market, according to a new report by the state’s Department of Revenue. The report shows that Colorado’s marijuana sector grew rapidly across the board in 2014, from the […]

150K Pounds of Legal Marijuana Sold in CO Last Year is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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27 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Medical Cannabis Demand Outweighing Supply in DC

Recreational marijuana has dominated headlines out of Washington DC this week, as the use, possession and home cultivation of cannabis became legal in the city on Thursday. But lost in the all the hype is a serious issue for DC’s existing medical marijuana industry: Dispensaries can’t seem to find enough MMJ to meet demand. The […]

Medical Cannabis Demand Outweighing Supply in DC is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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27 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Week in Review: Oregon MMJ Takes Backseat to Rec, Licensing Lawsuit in IL & Outlook for Stocks

By John Schroyer An Oregon city forces hopeful medical marijuana entrepreneurs to wait until the state hammers out rec rules, a second licensing lawsuit crops up in Illinois, and a report offers encouragement – and caution – for public cannabis companies. Here’s a closer look at several notable developments in the cannabis industry over the […]

Week in Review: Oregon MMJ Takes Backseat to Rec, Licensing Lawsuit in IL & Outlook for Stocks is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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