MMJ Business Daily

13 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Week in Review: Maine Legalization, California Dispensary Lawsuit & Illinois MMJ Licensing

By John Schroyer Two very different visions of recreational legalization emerge in Maine, a California dispensary gets a break in an important lawsuit, and Illinois’ medical marijuana program inches forward. Here’s a closer look at several notable developments in the cannabis industry over the past week. Read MoreWeek in Review: Maine Legalization, California Dispensary Lawsuit […]

Week in Review: Maine Legalization, California Dispensary Lawsuit & Illinois MMJ Licensing is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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13 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Illinois MMJ Grow License Challenged

An applicant that lost out on its bid to cultivate medical cannabis in Illinois is fighting the decision to award a permit to another group, which could usher in a wave of challenges to the licensing process. Shiloh Agronomics LLC claims that Shelby County Community Services Inc., which was awarded a cultivation license in southern […]

Illinois MMJ Grow License Challenged is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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12 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Former University President Heads NV Cultivation Business

A  company headed by a former university president has won local approval to cultivate medical cannabis in Reno, Nevada. The Reno City Council awarded a “privileged business license” to Sierra Wellness Connection, whose president is former University of Nevada-Reno boss Joe Crowley. MMG Agriculture, owned by former real estate executive Job Hall, also won a […]

Former University President Heads NV Cultivation Business is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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12 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

HempMeds to Add 100 Employees as Part of Expansion

HempMeds, a subsidiary of Medical Marijuana Inc., is planning some aggressive moves to expand this year. The company said it expects to add roughly 100 employees in 2015 to its new San Diego headquarters – which currently has 52 workers – as it ramps up its Dixie Botanicals line of hemp-based CBD products. HempMeds acquired […]

HempMeds to Add 100 Employees as Part of Expansion is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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12 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Colorado Marijuana Industry Firing on All Cylinders as Annual Sales Hit $700M

By John Schroyer Behold, the power of cannabis. Dispensaries and retail cannabis stores in Colorado generated nearly $700 million in marijuana revenues last year, when the state became the first market in the nation to launch recreational MJ sales. The total includes just under Read MoreColorado Marijuana Industry Firing on All Cylinders as Annual Sales […]

Colorado Marijuana Industry Firing on All Cylinders as Annual Sales Hit $700M is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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11 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Brewery and Rec Shop Teaming Up

Call it a business match made in heaven. A well-known Colorado microbrewery is teaming up with a long-established marijuana shop with a new marketing strategy targeting both beer drinkers and cannabis users. The Grass Station, which sells rec and medical cannabis, will give a $6 joint for just a penny to any customer who brings […]

Brewery and Rec Shop Teaming Up is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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11 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Canadian Company Forced to Recall MMJ Over Potency

A Canadian cannabis company is recalling two batches of medical marijuana that the government claims are too potent. Peace Naturals Project Inc. had labeled the marijuana as containing 9.07% THC. But when inspected by a third party, it was determined that it contained THC levels as high as 13.7%, Health Canada said on its website. […]

Canadian Company Forced to Recall MMJ Over Potency is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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11 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Guest Column: Medical Marijuana Must Remain a Key Component of Recreational Markets

By Matthew Walstatter With the recreational marijuana industry taking root in two states last year and poised for further expansion into new markets, a great deal of attention is being paid to the relationship between medical and adult-use cannabis. Business owners, lawmakers, regulators and patients are asking tough questions about how taxed, licensed cannabis companies […]

Guest Column: Medical Marijuana Must Remain a Key Component of Recreational Markets is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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11 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Marijuana Business Accelerator Raises $1.2 Million

It seems like marijuana investors are practically falling from the sky these days. CanopyBoulder, a new Colorado-based business accelerator focused on helping ancillary cannabis companies, has already raised $1.2 million in funding to help startups get off the ground, according to the Boulder Daily Camera. CanopyBoulder is holding a pair of 13-week “boot camps” this […]

Marijuana Business Accelerator Raises $1.2 Million is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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10 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Maine Rec Legalization Measure Focuses on Small Business

An organization pushing recreational legalization in Maine has a new focus: Help out small business. Legalize Maine filed initiative language with the secretary of state, and is touting its effort as the first “homegrown initiative,” according to the Portland Press Herald. Much of the ballot measure language is standard – those 21 and older could possess […]

Maine Rec Legalization Measure Focuses on Small Business is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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