MMJ Business Daily

10 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

LA Council Members: Deny Illegal Dispensaries Tax Certificates

Two Los Angeles City Council members want local officials to stop issuing tax certificates to dispensaries banned under Proposition D, which allows just 135 MMJ centers to operate. The city has issued about 945 tax certificates to companies that describe themselves as marijuana dispensaries, Councilwoman Nury Martinez said. The certificates are not a license to […]

LA Council Members: Deny Illegal Dispensaries Tax Certificates is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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10 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Dispensary’s Big Win in Court Battle With Feds Could Ripple Across MMJ Industry

By John Schroyer A federal judge in northern California has tossed a civil forfeiture case against a San Francisco medical marijuana dispensary, possibly setting a precedent that could give the U.S. government pause before taking similar actions to shut down MMJ companies. The decision in favor of Shambhala Read MoreDispensary’s Big Win in Court Battle […]

Dispensary’s Big Win in Court Battle With Feds Could Ripple Across MMJ Industry is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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10 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Retail Cannabis Sales Jump 24% in WA; Colorado Steady

Recreational cannabis sales jumped in Washington last month, while retail marijuana revenues in Colorado remained steady in October, according to the latest data from each state. November retail marijuana sales in Washington State rose 24% from the previous month to hit $16 million, boosting excise taxes due to the state to more than $4 million, […]

Retail Cannabis Sales Jump 24% in WA; Colorado Steady is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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10 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Washington City Passes Surprise Marijuana Moratorium

The Spokane Valley City Council unexpectedly passed a moratorium on marijuana businesses that don’t currently have licenses from the state, saying the industry has created a public health crisis. The move could impact existing medical marijuana dispensaries – which do not have licenses, because the state does not offer them for the MMJ industry – […]

Washington City Passes Surprise Marijuana Moratorium is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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09 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Establishment Money Holding Up Legalization, Ben Cohen Says

The question of why marijuana is still illegal in most states and at the federal level is becoming more and more relevant as both medical and recreational cannabis continue to make political strides. The co-founder of Ben & Jerry’s Ice Cream thinks he knows who’s to blame. In a recent op-ed for U.S. News & […]

Establishment Money Holding Up Legalization, Ben Cohen Says is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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09 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Update: DC Legalization Could Stand, But Sales May Be Banned

Congress will reportedly let Washington DC’s marijuana legalization initiative stand as passed by voters, but it will prohibit the city council from approving marijuana sales and taxation until at least next October, sources close to the situation told The National Journal. The move would largely eliminate the possibility of near-term business opportunities tied to recreational […]

Update: DC Legalization Could Stand, But Sales May Be Banned is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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09 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Recreational Marijuana Approved for 2016 Ballot in Nevada

Recreational marijuana legalization will be on Nevada’s 2016 ballot after state officials verified that advocates secured enough signatures to automatically put the issue to voters. Secretary of State Ross Miller certified that proponents submitted enough signatures to add the initiative to the ballot in two years, the Associated Press reported. The Nevada Coalition to Regulate Marijuana […]

Recreational Marijuana Approved for 2016 Ballot in Nevada is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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09 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Guest Column: Dreaming of Cashing Out to Big Alcohol or Big Pharma? Time to Wake Up

By John Conlin During my brief time in the marijuana industry I’ve heard a lot of folks talk about their exit plans. It seems many operate with a “one foot out the door” attitude. Many hope for a huge buyout from either the big brewers/distillers or the pharmaceutical companies. I don’t want to shatter anyone’s […]

Guest Column: Dreaming of Cashing Out to Big Alcohol or Big Pharma? Time to Wake Up is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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09 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

Most Americans Support State Rights on MJ, Poll Finds

Roughly 60% of Americans think states should be allowed to legalize marijuana, while more than two-thirds said states with such laws should get a “safe haven” from the federal government provided they enact strict regulations on the industry, according to a newly released poll. The survey – conducted by centrist think tank Third Way – […]

Most Americans Support State Rights on MJ, Poll Finds is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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02 Dec 2014
Posted by Mary Jane
Category MMJ Business Daily

LA Sues to Close Down MMJ Delivery App

Los Angeles has already closed down more than 400 medical marijuana dispensaries in recent years. Now, the city is targeting other types of businesses related to cannabis, filing a lawsuit against a smartphone app that helps patients get MMJ delivered to their homes. According to Reuters, the city attorney’s office is suing Nestdrop, alleging that […]

LA Sues to Close Down MMJ Delivery App is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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