MMJ Business Daily

Guest Column: Canada’s MMJ Program Off to Great Start, but Applicants Face a New Reality

By Paul Rosen Canada’s medical marijuana industry has experienced significant growth, improvement and refinement since the county overhauled its cannabis program in June 2013. Under Health Canada’s exceptional oversight, Canada is quickly establishing a world-class medical marijuana infrastructure that is being carefully monitored on a global scale. Read MoreGuest Column: Canada’s MMJ Program Off to […]

Guest Column: Canada’s MMJ Program Off to Great Start, but Applicants Face a New Reality is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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12 Firms Gunning for Minnesota Medical Marijuana Licenses

A dozen companies filed formal applications for medical cannabis business licenses in Minnesota by the Friday deadline, forking over $20,000 each for the opportunity to grow, process and sell medical cannabis products. Though 29 firms previously submitted letters of intent to file applications, the sizable fee and the state cap of just two MMJ businesses […]

12 Firms Gunning for Minnesota Medical Marijuana Licenses is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Week in Review: Updates on 2 Forgotten MMJ States + Changes in CO & What’s Next for CA Regs

By Marijuana Business Daily staff Michigan and Montana (finally) make it into the headlines on the medical marijuana front, Colorado’s cannabis industry undergoes a big shift and California lawmakers consider the potential for statewide MMJ regulations in 2015. Here’s a closer look at several notable developments in the cannabis industry over the past week: Read […]

Week in Review: Updates on 2 Forgotten MMJ States + Changes in CO & What’s Next for CA Regs is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Heavy MMJ Interest in Northern, Central Illinois

Competition for Illinois dispensary and cultivation licenses is heaviest in the northern and central parts of the state but is nonexistent in some areas, according to newly released data on applications by region. In Northern Illinois, the state received 15 applications for the lone dispensary license up for grabs in Evanston and Niles townships, while […]

Heavy MMJ Interest in Northern, Central Illinois is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Edibles Company Seeks $5M in Private Stock Offering for Expansion

Infused products manufacturer G FarmaLabs is looking to raise $5 million though a private stock offering to expand its presence in California and pave the way for national growth. The company plans to sell up to 2 million shares of common stock – at $2.50 each – to qualified investors in California, according to a […]

Edibles Company Seeks $5M in Private Stock Offering for Expansion is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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519 MMJ Business Applications Filed in Nevada

The final tally is in. Nevada received a total of 519 applications for medical marijuana business licenses, according to information released by the state’s health department on Thursday. The state initially received 370 applications by the Aug. 18 deadline, but the latest number also includes mailed submissions that were postmarked by that date Officials will […]

519 MMJ Business Applications Filed in Nevada is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Michigan Dispensary, Edibles Legislation Still in Limbo

Michigan lawmakers are attempting to advance a pair of bills that would re-establish a legal foundation for medical cannabis dispensaries and allow the sale of infused products. But concerns from the law enforcement community have delayed the measures. Both bills have already cleared the House, and a key legislator initially expected that the Senate would […]

Michigan Dispensary, Edibles Legislation Still in Limbo is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Half of New Mexico MMJ Dispensaries to Lose Bank Accounts

Medical marijuana dispensaries in New Mexico that have gotten used to the convenience of having a bank account may be in for a rude awakening. Several credit unions in New Mexico sent notices to roughly half of the state’s MMJ dispensaries, letting them know that their accounts would be closed because they’re “unable to comply […]

Half of New Mexico MMJ Dispensaries to Lose Bank Accounts is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Colorado’s Emerging Wholesale Marijuana Market: Q&A With Cannabase CEO Jennifer Beck

By John Schroyer The end of mandatory vertical integration has arrived in Colorado. Starting today, recreational cannabis retailers in the state no longer have to grow at least 70% of the inventory they sell, meaning stores are free to buy as much as they want from commercial growers. As a result, the wholesale market for […]

Colorado’s Emerging Wholesale Marijuana Market: Q&A With Cannabase CEO Jennifer Beck is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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San Jose Considering Up to $50K in Fines on Dispensaries

San Jose is thinking about upping fines on medical marijuana dispensaries by thousands of dollars to ensure the businesses comply with strict new rules set down by the city earlier this year. Under the proposed fee structure, dispensaries could be fined anywhere from $1,250 to a whopping $50,000 for serious violations of the regulations, such […]

San Jose Considering Up to $50K in Fines on Dispensaries is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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