MMJ Business Daily

14 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Guest Column: From Certification to Sales, a Look at How and When Nevada’s MMJ Industry Will Emerge

By Amanda N. Connor In June 2013, the governor of Nevada signed into law a bill allowing for licensed medical marijuana facilities in the state. Scores of entrepreneurs from both Nevada and existing MMJ markets rushed to get involved, establishing partnerships, writing up business plans and applying for licenses. Yet here we are in 2015, […]

Guest Column: From Certification to Sales, a Look at How and When Nevada’s MMJ Industry Will Emerge is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
13 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Report: Cannabis Industry Investments Rocket 942%

Talk about a growth spurt. In the 2013 and 2014 fiscal years, investments in the North American cannabis industry hit $104.5 million, according to Inc.com, which based its report on research from CB Insights. Much of that growth came last year, when investments rose 941.5%, according to the piece. CB Insights recorded 60 investment deals […]

Report: Cannabis Industry Investments Rocket 942% is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
13 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

‘Wine Club for Cannabis’ Gains Traction in California

California has long been known for both world-class wines and cannabis, and an ancillary marijuana company is trying to meld the two in a new marketing strategy. A San Francisco startup called Marvina is billing itself as a “wine club for cannabis,” offering its members several strains of medical marijuana a month as well as […]

‘Wine Club for Cannabis’ Gains Traction in California is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
13 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Florida May Expand CBD Law

Although cannabis backers in Florida are already prepping for a 2016 campaign to legalize medical marijuana, a few key lawmakers are hinting that they may take action to expand the state’s CBD-focused program. According to the Orlando Sentinel, a law passed last year to set up a small MMJ program primarily for epileptics and patients […]

Florida May Expand CBD Law is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
13 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Acquisitions, Consolidation and Building a $10M Business: Q&A With Rec Shop Owner Bruce Nassau

By John Schroyer Bruce Nassau doesn’t think of himself as a typical marijuana business owner. But the former cable television industry insider is doing something right. Nassau partnered with his brother and another friend back in 2010 to purchase the medical cannabis dispensary Colorado Care Facility in Denver. Since then, the tightly-knit group has expanded […]

Acquisitions, Consolidation and Building a $10M Business: Q&A With Rec Shop Owner Bruce Nassau is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
12 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Federal Judge to Rule on Marijuana’s Schedule I Classification

The cannabis industry could gain more legal credibility when a judge in California rules next month on whether marijuana’s classification as a Schedule I narcotic is constitutional. The case involves a federal prosecution of several marijuana growers in California, who have argued that the classification of marijuana as a Schedule I drug violates the U.S. […]

Federal Judge to Rule on Marijuana’s Schedule I Classification is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
12 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Illinois MMJ Timeline in Question

The launch of Illinois’ medical marijuana industry may be delayed even longer. Outgoing Gov. Pat Quinn has decided to refrain from signing off on business licenses before he leaves office, according to The Chicago Sun-Times. Instead, he will pass that responsibility on to incoming Gov. Bruce Rauner, an outspoken critic of the state’s MMJ program. […]

Illinois MMJ Timeline in Question is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
12 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Surna Acquires Majority Stake in Agrisoft for $4 Million

Two notable names in the cannabis industry are teaming up. Surna Inc., a publicly traded firm listed on the over-the-counter markets, has signed an agreement to acquire a 66% stake of Agrisoft Development Group to add a technology firm to its portfolio. Agrisoft, a closely held company, develops seed-to-sale tracking systems for state-regulated cannabis cultivators […]

Surna Acquires Majority Stake in Agrisoft for $4 Million is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
12 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Chart of the Week: The Challenging Banking Climate for Marijuana Businesses

By Jennifer Mann The difficulties dispensaries and recreational cannabis stores face on the banking front are well documented. Although the federal government issued guidance early last year on how banks can work with the industry, the vast majority of financial institutions still keep marijuana companies at arm’s length. Just 105 Read MoreChart of the Week: […]

Chart of the Week: The Challenging Banking Climate for Marijuana Businesses is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
09 Jan 2015
Posted by Mary Jane
Category MMJ Business Daily

Top WA Rec Shop Near Oregon

The highest-grossing retail marijuana shop in Washington State is located just a few miles from the border with Oregon, which is in the process of setting up its own recreational cannabis industry. The New Vansterdam retail store – in Vancouver, Washington – recorded $3.2 million sales from the start of legalized rec in July through […]

Top WA Rec Shop Near Oregon is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More