MMJ Business Daily

Week in Review: Illinois a Launchpad for MJ Companies With Eye on National Expansion

By John Schroyer The cannabis industry has been abuzz since Illinois unexpectedly issued 70 business permits to medical marijuana companies earlier this week, allaying concerns that the licensing process would be delayed indefinitely. “I’ve got phone calls coming in almost 24/7 now,” said Joseph Friedman, chief operations officer at PDI Medical, which was awarded a […]

Week in Review: Illinois a Launchpad for MJ Companies With Eye on National Expansion is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Big-Name Business Accelerator Latest to Invest in Cannabis Industry

Investments in the cannabis industry are suddenly en vogue. Y Combinator (YC) – a business accelerator that helped get Reddit, Airbnb and Dropbox off the ground – has invested in San Francisco-based Meadow, which offers a cannabis delivery app that connects patients and dispensaries. Meadow also recently launched CannabisMD, where patients can schedule house calls […]

Big-Name Business Accelerator Latest to Invest in Cannabis Industry is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Surgeon General Backs MMJ

Medical cannabis professionals may have a new ally at the federal level: U.S. Surgeon General Vivek Murthy told CBS this week that “marijuana can be helpful” for some medical ailments. “We have to use that data to drive policymaking,” Murthy said, indicating that he thinks MMJ should perhaps be more widely available in the United […]

Surgeon General Backs MMJ is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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CO Report on Impact of Marijuana Use Could Hurt MJ Industry

A 188-page report issued in Colorado that highlights the negative health effects of marijuana use could give anti-cannabis groups fodder to oppose legalization and the MJ industry itself. The report – spearheaded by a panel of doctors under a directive from state lawmakers – says that marijuana impairs memory, may increase psychotic disorders in children […]

CO Report on Impact of Marijuana Use Could Hurt MJ Industry is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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VT Lawmakers Ponder Stricter Edibles Rules

Edibles producers in Vermont may soon have to invest in a host of upgrades to their products and processes, which could prove costly and time consuming. State policymakers are considering a bill that would implement new rules on medical marijuana edibles, including requirements that such products use child-resistant packaging and feature dosing information on labels, […]

VT Lawmakers Ponder Stricter Edibles Rules is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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New Colorado Edibles Regulations a Costly Change for Manufacturers in Rec Market

By John Schroyer New regulations on edibles in Colorado’s recreational marijuana market have created operational hurdles – and tens of thousands of dollars in added expenses – for infused products companies. The regulations, which went into effect Feb. 1, include THC limits of 100 milligrams per container Read MoreNew Colorado Edibles Regulations a Costly Change […]

New Colorado Edibles Regulations a Costly Change for Manufacturers in Rec Market is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Obama Bill Would Make Rec Sales Possible in DC

President Barack Obama is reviving hopes that recreational cannabis sales will become a reality in Washington DC. Buried in a 2,000-page budget Obama’s office sent recently to Congress is a minute change to a separate spending bill from December that included a provision that blocks DC officials from setting up a recreational cannabis market. Obama’s […]

Obama Bill Would Make Rec Sales Possible in DC is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Illinois Issues MMJ Business Licenses

In a surprise move, Illinois Gov. Bruce Rauner approved dozens of medical marijuana business licenses on Monday, ending a period of uncertainty over the future of the state’s MMJ program. Rauner, who has been critical of the program and previously indicated he might delay the entire licensing process, issued 52 of the 60 available dispensary […]

Illinois Issues MMJ Business Licenses is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Connecticut Poised to Expand Qualifying MMJ Conditions

Connecticut is moving forward with plans to add several new ailments to the list of qualifying conditions for medical marijuana cards, which would give cannabis businesses an expanded customer base. If all goes according to plan, dispensary owners will eventually be able to sell to registered patients with sickle cell disease, severe psoriasis, psoriatic arthritis […]

Connecticut Poised to Expand Qualifying MMJ Conditions is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Chart of the Week: New Businesses Flooding the Cannabis Industry

By Marijuana Business Daily staff The Green Rush is alive and well. Roughly 53% of cannabis-related businesses either launched in 2014 or are in startup mode now, underscoring intense entrepreneurial interest in the industry, according to preliminary data from Marijuana Business Media’s recent survey of executives in the sector. This represents a slight uptick from […]

Chart of the Week: New Businesses Flooding the Cannabis Industry is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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