MMJ Business Daily

23 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Social Media, App Sites Take Hard Line Against Cannabis Businesses

Fearing legal repercussions if their users break the law, Instagram and Apple’s App Store are reportedly cracking down on businesses promoting marijuana-related products or services. Some dispensaries, retail stores and infused products companies have reported that their accounts were suspended or shut down without explanation, according to Buzzfeed. Even an app that allows users to […]

Social Media, App Sites Take Hard Line Against Cannabis Businesses is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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23 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

MMJ Bill Introduced in Nebraska, Despite Interstate Cannabis Lawsuit

How’s this for irony: A lawmaker has introduced a bill to legalize medical cannabis in Nebraska, even though the state’s attorney general is pursuing a lawsuit against Colorado over its recreational marijuana law. The bill, dubbed the Cannabis Compassion and Care Act and sponsored by independent state Sen. Tommy Garrett, would pave the way for […]

MMJ Bill Introduced in Nebraska, Despite Interstate Cannabis Lawsuit is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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23 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

3rd Annual Marijuana Business & Investor Survey Underway

Marijuana Business Media has launched its annual survey of cannabis professionals to gather key financial, operational, business and market data about the booming MJ industry in the United States. Cannabis business owners, executives, investors and entrepreneurs can take the online survey here. The survey – which is completely anonymous – covers everything from startup costs […]

3rd Annual Marijuana Business & Investor Survey Underway is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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23 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Week in Review: Arizona Market Data, Vape Lounges in New England & Rec Real Estate Boom

By John Schroyer Arizona medical marijuana sales skyrocket, vape lounges gain traction in more states and cannabis entrepreneurs trigger a real estate boom in new rec markets. Here’s a closer look at several notable developments in the cannabis industry over the past week. Read MoreWeek in Review: Arizona Market Data, Vape Lounges in New England […]

Week in Review: Arizona Market Data, Vape Lounges in New England & Rec Real Estate Boom is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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22 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

WA Lawmakers Weigh Rec Tax Change

Washington State recreational marijuana shops have been struggling underneath a heavy tax burden, but state lawmakers could soon deliver some relief – in stages, at least. A proposed bill being considered by policymakers would reduce the current excise tax structure – 25 percent each time cannabis changes hands, from producer to processor to retailer – […]

WA Lawmakers Weigh Rec Tax Change is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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22 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Union: New Jersey Dispensary Engaging in Unfair Labor Practices

A New Jersey union has filed a grievance alleging unfair labor practices against a dispensary in the state, saying the business won’t allow its workers to unionize. The United Food and Commercial Workers Union (UFCW) Local 152 claims that Compassionate Care Foundation, which owns a dispensary in Egg Harbor Township that employs 11 workers who […]

Union: New Jersey Dispensary Engaging in Unfair Labor Practices is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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22 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Medical Marijuana Inc. Acquiring Startup Valued at Up to $243M

Medical Marijuana Inc. announced Thursday that it has signed an agreement to acquire Kannaway, a startup hemp products company that was recently valued at up to $243 million by a noted investment banking firm. Financial terms of the deal were not disclosed. But Medical Marijuana Inc. said that Houlihan Capital pegged Kannaway’s fair market value […]

Medical Marijuana Inc. Acquiring Startup Valued at Up to $243M is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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22 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Growing Number of Banks & Credit Unions Catering to Cannabis Industry, But Challenges Remain

By John Schroyer The lack of access to traditional banking services is a constant concern in the cannabis world, but the narrative is finally starting to change. An increasing number of banks and credit unions have opened their doors to the industry or are preparing to provide services to medical and recreational shops, growers and […]

Growing Number of Banks & Credit Unions Catering to Cannabis Industry, But Challenges Remain is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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21 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

MMJ On the Way in Jamaica?

First, the estate of legendary Jamaican musician Bob Marley moved into the cannabis industry. Now, it looks like Jamaica itself could eventually set up a legal medical marijuana market. The Jamaican Cabinet has backed a bill that would not only legalize medical marijuana, but also decriminalize small amounts of recreational marijuana and allow Rastafarians to […]

MMJ On the Way in Jamaica? is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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21 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

MBank Begins Serving Colorado Marijuana Companies

MBank, an Oregon-based financial institution, has started taking deposits from marijuana companies in Colorado. The bank, which already works with cannabis businesses in Washington and dispensaries in Oregon, said it has looked to state and federal regulators on the issue and is confident in its business model, according to the Denver Post. MBank CEO Jef […]

MBank Begins Serving Colorado Marijuana Companies is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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