MMJ Business Daily

21 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

San Diego Approves Fees for MMJ Dispensaries

As part of its ongoing quest to license and regulate medical marijuana businesses, the San Diego City Council on Tuesday backed new rules that levy a minimum annual fee of $1,100 on legal dispensaries. The fee will vary depending on how much it costs the city to inspect dispensaries, conduct background checks and conform with […]

San Diego Approves Fees for MMJ Dispensaries 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

Tribal Marijuana Businesses May Hurt Existing Cannabis Companies, Help Others

By Tony C. Dreibus The possibility that Native American tribes will grow and sell marijuana has some entrepreneurs concerned and others cheering. The Department of Justice said in a December memo that it would not enforce federal laws regulating marijuana production and sales on American Indian lands as long as tribes follow similar conditions set […]

Tribal Marijuana Businesses May Hurt Existing Cannabis Companies, Help Others is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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20 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Arizona MMJ Sales Triple to Hit $112M

Medical marijuana is booming in Arizona. Dispensaries in the state recorded $112 million in medical cannabis sales last year, nearly triple the total in 2013, according to the Arizona Department of Health’s year-end report. The stata’s 63,417 active cardholders purchased just over 9.1 metric tons of MMJ in 1.4 million individual transactions, and just five […]

Arizona MMJ Sales Triple to Hit $112M is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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20 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Commercial Interests Dominate Florida’s MMJ Committee

The Florida committee tasked with creating regulations governing the state’s CBD industry is heavy with commercial interests, but proponents are touting the members’ experience. The 12-member panel – which will help design rules on how to select, license and regulate the state’s cultivators and dispensaries – includes several people who are in a position to […]

Commercial Interests Dominate Florida’s MMJ Committee is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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20 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Alaska, Oregon Rec Legalization Leading to Real Estate Boom

As Alaska and Oregon get closer to establishing their respective recreational marijuana industries, business-minded enthusiasts are hoping to secure storefronts and cultivation sites in the two states. Alaska real estate brokers are already getting calls from people interested in setting up various types of businesses – even though lawmakers are still months from establishing rules […]

Alaska, Oregon Rec Legalization Leading to Real Estate Boom is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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20 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Fears of Business Bloodletting, Closures as Marijuana Prices Plummet in Washington State

By John Schroyer Washington State’s recreational marijuana market is becoming an exemplar of capitalism at its simultaneous best and worst. After battling a severe shortage of cannabis when retail sales launched in July, the state’s rec marijuana industry is now faced with a vast oversupply of growers and product. As a result, recreational marijuana prices […]

Fears of Business Bloodletting, Closures as Marijuana Prices Plummet in Washington State is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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19 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Colorado’s MMJ Program Up for Renewal

Marijuana will likely be a hot topic among lawmakers in Colorado this year, as the state’s medical cannabis program is up for renewal. The current law expires this year, which gives the state an opportunity to make some changes. Legislators will likely consider making lab testing mandatory for medical cannabis products, according to the Associated […]

Colorado’s MMJ Program Up for Renewal is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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19 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Rhode Island’s First MMJ Vape Lounge Opens

Two entrepreneurs have opened Rhode Island’s first vape lounge, a bold venture in a state with no defined law on such businesses. Kevin Cintorino and Ray Diao opened Elevated, the state’s first lounge that allows MMJ patients to use vaporizers, because they often have a hard time finding places to use their medication, according to […]

Rhode Island’s First MMJ Vape Lounge Opens is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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19 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Chart of the Week: Increasing Pace of Recreational, Medical Marijuana Legalization

By Jennifer Mann If the recent past is any indication, the cannabis industry should be optimistic for legalization of both medical and recreational marijuana at the state level in 2015 and beyond. Over the last five years, a whopping 16 cannabis legalization measures cleared state legislatures or were approved by voters (not including CBD-focused initiatives). […]

Chart of the Week: Increasing Pace of Recreational, Medical Marijuana Legalization is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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16 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Study Could Increase Support for Rec MJ in Vermont

The chances of recreational marijuana legalization in Vermont could get a boost from a new study that shows the state would be rolling in the greenbacks if it approves such a measure. The study, conducted by the RAND Corporation, was commissioned by Vermont to give officials a better idea of the potential impact of legalization. […]

Study Could Increase Support for Rec MJ in Vermont is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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