MMJ Business Daily

18 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Nebraska, Oklahoma Ask Supreme Court to Nix CO Rec Law

Nebraska and Oklahoma have filed a lawsuit with the U.S. Supreme Court to overturn Colorado’s recreational cannabis law, arguing that it creates a “dangerous gap” in federal marijuana policies and is unconstitutional, according to a report by the Denver Post. If the suit is successful, it could upend marijuana markets in the handful of other […]

Nebraska, Oklahoma Ask Supreme Court to Nix CO Rec Law is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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18 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Joint-Smoking Santa Display Backfires for LA Dispensary

In a lesson on how not to advertise your medical marijuana business, a dispensary in Los Angeles removed a depiction in its storefront window of Santa Claus smoking a joint after community members complained. The Harbor House of Dank, a Southern California dispensary, also scraped off a painting of a snowman holding a prescription pill […]

Joint-Smoking Santa Display Backfires for LA Dispensary is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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18 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Key Michigan MMJ Bills Come Down to the Wire

The future of dispensaries in Michigan hangs in the balance as police groups and public health officials rally to stop two key MMJ bills from advancing. The bills – which have already cleared the state House of Representatives and now need approval from the Senate – would allow the return of regulated dispensaries and edibles use […]

Key Michigan MMJ Bills Come Down to the Wire is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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18 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

High Prices Could Limit Minnesota Medical Cannabis Market

Minnesota’s medical marijuana market could be smaller than expected, as patients will reportedly have to shell out between $100 and $500 a month for medicine. The two companies designated by the state government to sell cannabis-infused products have pledged to “set up special pricing structures” for lower-income patients, the Associated Press reported. But even so, […]

High Prices Could Limit Minnesota Medical Cannabis Market is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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18 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Marijuana Software, Technology Firms on Fire as Inventory Tracking Needs Grow

By John Schroyer As the marijuana trade has matured and moved into the limelight, one of the more pressing questions states and legitimate businesses are grappling with is how to track inventory. Keeping close tabs on marijuana and infused products decreases the opportunities for shady companies to skirt the law by diverting cannabis to the […]

Marijuana Software, Technology Firms on Fire as Inventory Tracking Needs Grow is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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17 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Colorado Earmarks $8 Million for MMJ Research

The Colorado Department of Health and Environment will devote serious money to studying the efficacy of medical marijuana for a variety of ailments, a move that eventually could help boost the MMJ market nationally. A state board decided on Wednesday to spend at least $8 million on multiple grants to research MMJ’s effects on patients […]

Colorado Earmarks $8 Million for MMJ Research is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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17 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

PayPal Co-Founder to Invest in Cannabis

PayPal co-founder and early Facebook investor Peter Thiel plans to pump money into the marijuana industry. Thiel will invest in a Series B round of financing for Privateer Holdings, a cannabis-focused private equity firm that is attempting to raise $75 million, according to a report by Business Insider. Seattle-based Privateer reportedly has already raised a […]

PayPal Co-Founder to Invest in Cannabis is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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17 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Anchorage Shoots Down Proposed Ban on Rec Sales

Alaska’s budding marijuana industry scored a significant victory Tuesday night when lawmakers killed a proposal that would’ve banned recreational cannabis sales in Anchorage, the state’s most promising MJ market. Barring any other legal challenges, it appears retail stores, cultivation sites, testing labs and other cannabis-related businesses will eventually be able to set up shop in […]

Anchorage Shoots Down Proposed Ban on Rec Sales is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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17 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

MMJ Lounges Popping Up in Maine

A new trend in Maine offers yet another possible offshoot business opportunity in the cannabis industry: renting space to medical marijuana patients who want a convenient and secure location to smoke, vape or ingest. Case in point: A handful of medical marijuana patients in Bangor have banded together to rent a smoking area above a […]

MMJ Lounges Popping Up in Maine is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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17 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Strategies for Success: How Cannabis Businesses Can Build Relationships With Lawmakers

By Tony C. Dreibus Marijuana business owners who want to take a bigger role in legislative matters concerning the cannabis industry should go out for a long lunch – and invite local city councilors along. With 46% of the U.S. population residing in states that have operating or planned dispensaries and further expansion on the […]

Strategies for Success: How Cannabis Businesses Can Build Relationships With Lawmakers is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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