MMJ Business Daily

CO Marijuana Sales Take a Dip

Marijuana apparently isn’t invulnerable to market fluctuation. In Colorado, where cannabis sales have steadily risen since recreational shops began serving customers on New Year’s Day, that trend apparently came to a halt in September. According to tax data from the state Department of Revenue, recreational marijuana sales fell about 7% to $31.6 million in September. […]

CO Marijuana Sales Take a Dip is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Marijuana Business Conference & Expo Sold Out; Live Twitter Feed Available

Producers of the 3rd Annual Marijuana Business Conference & Expo, being held today and tomorrow in Las Vegas, have announced that as of 9:30am local time this morning, the Conference was sold out.  The editorial team of Marijuana Business Daily are publishing a live twitter feed from the show available at @MJBizDaily Although the Conference […]

Marijuana Business Conference & Expo Sold Out; Live Twitter Feed Available is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Cannabusiness Insurance Tip: Get a Retroactive Provision Included

If a cannabis company is looking at switching insurance carriers, it’s important to read the fine print. That was one of the lessons Patrick McManamon, of Cannasure Insurance Services, imparted to the audience at the 3rd Annual Marijuana Business Conference & Expo in Las Vegas on Wednesday. (Note: The Conference is produced by Marijuana Business […]

Cannabusiness Insurance Tip: Get a Retroactive Provision Included is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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200K Signatures Filed in Nevada for Rec Legalization

Cannabis activists in Nevada on Wednesday filed almost twice the required number of signatures with the state for a petition to legalize recreational marijuana. Organizers hope to force either a legislative vote on legalizing recreational marijuana or get the issue on the 2016 ballot. The Nevada Coalition to Regulate Marijuana Like Alcohol turned in roughly […]

200K Signatures Filed in Nevada for Rec Legalization is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Q&A With U.S. Rep. Dina Titus on Federal Marijuana Legislation, Nevada MMJ

By John Schroyer Congresswoman Dina Titus is optimistic when it comes to cannabis. The Nevada Democrat has not only been prepping for medical marijuana in her state, she’s also been focusing on the potential for recreational marijuana becoming legal there in 2016. So much so that that she took a trip to Denver in late […]

Q&A With U.S. Rep. Dina Titus on Federal Marijuana Legislation, Nevada MMJ is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Marijuana Company Announces $3.75M in Funding

In yet another signal that high-end investors are getting more comfortable with throwing serious money at the cannabis industry, marijuana management firm MedMen has announced that it secured $3.75 million in private funding to aid its national expansion. According to a report from Fortune, MedMen garnered the bulk of the cash from healthcare investing company […]

Marijuana Company Announces $3.75M in Funding is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Incoming Illinois Gov. Blasts MMJ Licensing Process

Illinois’ highlight secretive process for awarding medical marijuana business licenses doesn’t sit well with new governor-elect Bruce Rauner, who is calling for changes that would increase transparency. Rauner said the process is “rigged” and criticized the fact that the identities of applicants, as well as those of the people who will decide who gets a […]

Incoming Illinois Gov. Blasts MMJ Licensing Process is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Aboriginal Group Looking to Grow MMJ in Canada

The Penticton Indian Band, a First Nation community in Canada, may approve a plan to start growing medical marijuana on its lands in British Columbia. If members sign off on the plan, Penticton Indian Band would become the first aboriginal group to become federally licensed to produce cannabis, and it could serve as a model […]

Aboriginal Group Looking to Grow MMJ in Canada is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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With Key Vote Looming, Maryland MMJ Chief to Resign

The executive director of Maryland’s medical marijuana commission has tendered her resignation, raising concerns that the licensing process for growers, physicians and patients could be delayed as a result. Sharon Heneson Bloom reportedly submitted her resignation from the post prior to the commission’s October meeting because she’s holding two positions with the Department of Health […]

With Key Vote Looming, Maryland MMJ Chief to Resign is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Attorney General Nominee a Question Mark on Cannabis

President Barack Obama has nominated longtime prosecutor Loretta Lynch to succeed Eric Holder as U.S. attorney general in a move that could have big implications for the marijuana industry. The biggest question for cannabis professionals: Will Lynch follow Holder’s lead on marijuana or chart her own course? Holder’s policies on the marijuana industry were uneven, […]

Attorney General Nominee a Question Mark on Cannabis is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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