MMJ Business Daily

26 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

WA Retail Stores Fight Price Gouging

Washington State recreational marijuana shops have had it with the sky-high prices licensed growers are charging for cannabis. Six retail store owners in the state recently joined forces to form a “retail association” to battle what they say is price gouging by many cultivators. The store owners have announced a plan to essentially blacklist growers […]

WA Retail Stores Fight Price Gouging is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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26 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

Investors Welcome 2 New Canadian MMJ Stocks

Two Canadian cannabis cultivation companies saw their share prices soar on the first day of trading as investors look to capitalize on a booming industry. Bedrocan Cannabis Corp, which trades on the Toronto Stock Exchange under the symbol BED, rose as high as 1.45 Canadian dollars ($1.32) on Monday before closing at CA$1.17, about 38% […]

Investors Welcome 2 New Canadian MMJ Stocks is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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25 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

Colorado Rec Tax Structure Safe for Now

Taxing recreational marijuana sales is a tricky business, as a Denver judge pointed out in an initial ruling against activists who contend that having to pay taxes on a federally illegal substance is unconstitutional. The activists, represented by longtime cannabis attorney Rob Corry, argue that paying taxes on recreational marijuana in Colorado is a violation […]

Colorado Rec Tax Structure Safe for Now is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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25 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

Guest Column: Banking Relief is on the Way – Here’s How You Can Prepare

By Paula B. Givens Most cannabis-related businesses do not have a transparent and ongoing relationship with a financial institution, reflecting the fact that banks are wary of servicing the marijuana industry. In recent months, though, a small number of financial institutions have quietly begun to work with cannabis companies. And more will likely do so […]

Guest Column: Banking Relief is on the Way – Here’s How You Can Prepare is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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25 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

Medical Marijuana Industry Burgeoning in WA Town

The town of Port Angeles, Washington, has experienced a marijuana boom in 2014. But the growth is tied to the medical – not recreational – market. Three new medical marijuana dispensaries have opened up in the small burg (population: 20,000) on the North Olympic Peninsula so far this year, bringing the town’s total to five. […]

Medical Marijuana Industry Burgeoning in WA Town is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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23 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

Oregon City’s Recall Election Tied to Dispensary

Just because Oregon is poised to legalize recreational marijuana in November doesn’t mean everyone in the state is crazy about cannabis. Several city council members in the town of Gold Hill are facing a recall election – all because they voted to allow a medical marijuana dispensary within the town’s borders. Though the dispensary, Breeze […]

Oregon City’s Recall Election Tied to Dispensary is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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22 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

Week in Review: Lessons From Oklahoma + Concerns in Alaska & Jolt for Seattle’s Rec Industry

By Chris Walsh A medical marijuana drive fizzles out in Oklahoma, support for recreational cannabis legalization slips in Alaska and the second retail store finally opens in Seattle. Here’s a closer look at several business-related developments in the cannabis industry over the past week: Read MoreWeek in Review: Lessons From Oklahoma + Concerns in Alaska […]

Week in Review: Lessons From Oklahoma + Concerns in Alaska & Jolt for Seattle’s Rec Industry is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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22 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

Applicant for Massachusetts MMJ Licenses ‘Befuddled’ by Ruling

A Denver medical cannabis company says it’s “befuddled” by obstacles it has encountered while trying to get licenses to sell MMJ in Massachusetts. The company, Good Chemistry, was denied dispensary permits in Massachusetts by state health officials. It tried to get a preliminary injunction against the officials, but this week a judge sided with the […]

Applicant for Massachusetts MMJ Licenses ‘Befuddled’ by Ruling is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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22 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

Lawsuits Could ‘Destroy’ Rec Cannabis in Washington State

Federal versus local control over marijuana. That’s the question at the heart of two lawsuits in Washington State involving cities that are seeking to ban recreational cannabis businesses. Now the state’s attorney general is drawing a clear line in the sand on the issue, saying that Washington’s entire recreational marijuana law would be “destroyed” if […]

Lawsuits Could ‘Destroy’ Rec Cannabis in Washington State is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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21 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

Recreational Marijuana Good for Oregon’s Budget, Researcher Says

Legalizing recreational marijuana in Oregon would represent a “net win” for the state from a financial perspective regardless of the exact tax levels imposed on the industry, according to a university researcher who has studied the issue in depth. “When you consider the proposed excise tax and additional revenue from income taxes, it could become […]

Recreational Marijuana Good for Oregon’s Budget, Researcher Says is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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