MMJ Business Daily

29 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Massachusetts Licensing Process Flawed From Start, Report Says

The process used to award dispensary licenses in Massachusetts was flawed from the start, beset by conflicts of interest, issues involving contractors and shortcomings in vetting applicants, according to a Boston Globe review of records. The revelations could influence lawsuits against the state over its selection process for MMJ business permits and spur changes in […]

Massachusetts Licensing Process Flawed From Start, Report Says is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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29 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Chart of the Week: Explosion of Nevada’s MMJ Patient Base as Dispensaries Near Launch

By Jennifer Mann Good news for medical marijuana companies hoping to open their doors in Nevada next year: The customer base is growing rapidly as dispensaries move closer to becoming a reality. The number of registered medical cannabis patients in the state has jumped more 50% this year, from 4,989 Read MoreChart of the Week: […]

Chart of the Week: Explosion of Nevada’s MMJ Patient Base as Dispensaries Near Launch is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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26 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Alaska Lawyers Group Exploring Marijuana Issues

Alaska lawyers should be able to advise marijuana companies on legal issues and consume cannabis privately but probably shouldn’t invest in MJ businesses, at least for now. This is the advice the Alaska Bar Association’s ethics committee released after analyzing issues tied to the state’s new recreational marijuana law. The guidance is a preliminary step […]

Alaska Lawyers Group Exploring Marijuana Issues is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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26 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Florida Lawmakers Could Consider MMJ Legalization in 2015

Medical marijuana businesses in Florida that spent money and time preparing for legalization in the state only to see a ballot initiative narrowly fail in November should keep an eye on legislators when they return to Tallahassee in March. Because November’s vote was so close – it failed by just 2 percentage points – some […]

Florida Lawmakers Could Consider MMJ Legalization in 2015 is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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26 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Week in Review: Ruling on Delivery App, Boost for MMJ Stocks + MA Businesses Gearing Up

By John Schroyer and Tony C. Dreibus A smartphone app that facilitates medical marijuana deliveries is ordered to cease operations in Los Angeles, two publicly traded companies help build credibility for cannabis stocks, and Massachusetts MMJ businesses move forward in the face of regulatory uncertainty. Here’s a closer look at some notable developments in the […]

Week in Review: Ruling on Delivery App, Boost for MMJ Stocks + MA Businesses Gearing Up is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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24 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Rec Stores in CO City Prepare for Extra Tax Burden

Cannabis shops in Colorado’s second-largest city face higher tax rates heading into the new year, which some business owners say will drive up the price of legal cannabis well above rates on the black market. As of Jan. 1, recreational marijuana stores in Aurora will be required to pay a 5% excise tax and a […]

Rec Stores in CO City Prepare for Extra Tax Burden is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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24 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Illinois MMJ Market to Include Kids

The much-anticipated medical marijuana market in Illinois – population 13 million – will include children and teens. That’s good news for companies that wind up getting business licenses in the state and could fuel the market for infused products, since children won’t be allowed access to smokeable cannabis. It could also give a big boost to […]

Illinois MMJ Market to Include Kids is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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24 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

All I Want for Christmas: Holiday Regulatory Wishes in Marijuana Markets

By John Schroyer Cannabis business owners and entrepreneurs have a long Christmas wish list. While the industry made significant progress in 2014, there were some hiccups along the way (ahem, Florida). And most markets are far from perfect when it comes to the business climate, meaning they could benefit from some improvements on the regulatory […]

All I Want for Christmas: Holiday Regulatory Wishes in Marijuana Markets is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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23 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

5th Judge Rules WA Municipalities Can Ban Marijuana

Despite the fact that marijuana sales are now legal in Washington State, businesses can’t set up shop just anywhere. The industry lost yet another court case after a judge ruled that Pierce County has the ability to ban recreational marijuana businesses, the fifth consecutive ruling that allows local municipalities to block the industry from taking […]

5th Judge Rules WA Municipalities Can Ban Marijuana is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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23 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

GW Pharmaceuticals Added to Nasdaq Biotech Index

GW Pharmaceuticals, a United Kingdom-based company that develops CBD-rich treatments, has been added to the Nasdaq Biotechnology Index (NBI). The NBI tracks the performance of a set of securities traded on the exchange that are classified as biotech or pharmaceutical companies. GW Pharmaceuticals is the developer of Sativex, a cannabis-based drug that is approved in […]

GW Pharmaceuticals Added to Nasdaq Biotech Index is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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