MMJ Business Daily

$20M to Start an MMJ Business in New York?

Medical marijuana in New York might prove to be a pretty wealthy club. Startup costs to open a dispensary and grow could run over $20 million, according to a recent report by The New York Times. And it might take upwards of $1 million just to navigate through the application process, estimated one cannabis lobbyist […]

$20M to Start an MMJ Business in New York? is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Alaska MJ Opponents Seize on Hickenlooper’s ‘Reckless’ Comment

Marijuana opponents in Alaska have found an odd bedfellow in their fight against cannabis legalization: Colorado Gov. John Hickenlooper. The main group fighting Ballot Measure 2 – which would approve recreational marijuana use and sales in Alaska – is running digital ads featuring a quote from Hickenlooper calling Colorado’s move to legalize cannabis “reckless,” according […]

Alaska MJ Opponents Seize on Hickenlooper’s ‘Reckless’ Comment is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Group Looking to Expand Minnesota’s MMJ Patient Base

Many cannabis advocates in Minnesota think that the state’s medical marijuana program is much too limited, especially when it comes to who can qualify to use the drug. So Minnesotans for Compassionate Care asked five gubernatorial candidates to sign a pledge promising to help broaden the patient base – a move that would increase the […]

Group Looking to Expand Minnesota’s MMJ Patient Base is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Week in Review: More MJ Raids + MD Reconsiders Huge Fees & Edibles Lawsuits on Horizon?

By Marijuana Business Media staff Raids creep back into the headlines, Maryland indicates it will rework proposed MMJ fees and a lawyer warns of new legal challenges for edibles companies. Here’s a closer look at several notable developments in the cannabis industry over the past week: Read MoreWeek in Review: More MJ Raids + MD […]

Week in Review: More MJ Raids + MD Reconsiders Huge Fees & Edibles Lawsuits on Horizon? is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Marijuana Business Incubator Launches in Florida

Whether or not medical marijuana passes in Florida on Tuesday, Tampa will be home to a cannabis business incubator. The Common Bond Collective opened an incubator in the city this week that aims to bolster marijuana-related startups, including those focused on ancillary products and services as well as those directly involved with cannabis, according to […]

Marijuana Business Incubator Launches in Florida is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Young Voters Could Make or Break Legalization Measures

The success of several marijuana measures on the ballot next week could ultimately hinge on how many young voters show up at the polls. Drug Policy Action chief Ethan Nadelmann, for instance, said in a recent article that Oregon’s recreational cannabis proposal will likely pass if voter turnout among those between the ages 18 to […]

Young Voters Could Make or Break Legalization Measures is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Estimate: Legal Rec Sales in DC Could Create $130M Market

The cannabis market in Washington DC could top $130 million annually if the city legalizes recreational marijuana sales, according to estimates by financial officials. The projection is based on an estimate of 122,000 users – including residents, commuters and tourists – consuming an average of 3 ounces a year at $350 per ounce, the Washington […]

Estimate: Legal Rec Sales in DC Could Create $130M Market is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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67 Warnings, Penalties for MJ Violations in Washington

When it comes to recreational marijuana, enforcement of the law is no laughing matter for the Washington Liquor Control Board. The agency, which is tasked with overseeing the new recreational cannabis industry, issued 67 penalties and warnings between May and October to marijuana companies that haven’t been completely following the rules, according to a report […]

67 Warnings, Penalties for MJ Violations in Washington is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Oregon Rec Legalization a Coin Flip

Recreational marijuana could be a nail-biter in Oregon on Election Day. A poll released this week by Elway Research found that 44% of respondents support Measure 91 – which would legalize recreational cannabis – and 46% oppose it, with 9% uncertain. The poll involved just 403 residents, and the margin of error was 5 points, […]

Oregon Rec Legalization a Coin Flip is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Chile Plants First Medical Cannabis Crop

The first legal medical marijuana plants were seeded in Chile on Wednesday as part of a research program designed to help ease pain for patients suffering from cancer and other illnesses, according to an Associated Press report. The move is yet another sign of loosening cannabis laws in other countries, particularly those in South America. […]

Chile Plants First Medical Cannabis Crop is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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