MMJ Business Daily

18 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

Navigating Turmoil: Q&A With Executives at Edibles Manufacturer Cheeba Chews

By John Schroyer Cheeba Chews has been cruising in the fast lane for the better part of five years, building a wildly popular brand of edibles in Colorado and expanding into two other states along the way. But the company ran head-first into a major roadblock this spring that brought its Colorado operations to a […]

Navigating Turmoil: Q&A With Executives at Edibles Manufacturer Cheeba Chews is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
15 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

Week in Review: Comparing CO, WA Retail Sales + Banking Progress & Media Impact in Massachusetts

By Chris Walsh Colorado and Washington State release recreational cannabis sales data, a federal official says the banking situation is getting better and media reports heighten scrutiny of the MMJ process in Massachusetts. Here’s a closer look at several business-related developments in the cannabis industry over the past week: Read MoreWeek in Review: Comparing CO, […]

Week in Review: Comparing CO, WA Retail Sales + Banking Progress & Media Impact in Massachusetts is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
15 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

Colombian President Backs MMJ Legalization

Medical marijuana is starting to gain traction across the globe, particularly in South America. On Thursday, Colombian President Juan Manuel Santos threw his political weight behind a bill to legalize medical cannabis. Santos’ position has a dual purpose: to ease the pain of terminally ill patients and to undercut the cartels that have at least […]

Colombian President Backs MMJ Legalization is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
15 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

58 Dispensary Inspections, 2 Closures in Oregon

Oregon health inspectors have made 58 surprise visits to medical marijuana dispensaries since late May, forcing two to shut down for serious violations. One of the dispensaries that had to close – Kush MMD in Eugene – was allowed to reopen after correcting its problems. The other, Compassionate Caregivers in Portland, remains shuttered. Oregon has […]

58 Dispensary Inspections, 2 Closures in Oregon is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
14 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

Marijuana Business Media Adds Reporter

Marijuana Business Media, the parent company of Marijuana Business Daily, announced today that reporter John Schroyer has joined its editorial staff. Schroyer will cover business, financial and legal issues of national interest to the expanding medical and recreational cannabis industry. He will contribute to the company’s full line of content offerings, including Marijuana Business Daily, […]

Marijuana Business Media Adds Reporter is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
14 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

Massachusetts Company’s Dispensary Licenses in Jeopardy

A company’s licenses to operate two medical marijuana dispensaries in Massachusetts are in jeopardy after reports surfaced that a key executive misled officials about his college background. Kevin Fisher, executive director of New England Treatment Access, was found to have submitted false information in the company’s application documents for the licenses – first by a screening […]

Massachusetts Company’s Dispensary Licenses in Jeopardy is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
14 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

Delaware Awards MMJ Dispensary Contract

Not every cop has a problem with marijuana. In Delaware, a company headed by a former state trooper has been awarded a two-year contract to launch the state’s first medical marijuana dispensary — set to open in early 2015. The ex-trooper, Mark Lally, serves as president of First State Compassion Center, which will establish the […]

Delaware Awards MMJ Dispensary Contract is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
13 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

Colorado Marijuana Tax Structure Questioned

Despite a record-setting month for recreational marijuana sales in Colorado this past June, tax revenues from retail cannabis transactions are 60% below what lawmakers initially expected by now. As a result, one state legislator says it might be time to take another look at the tax structure for both recreational and medical marijuana. Early estimates put […]

Colorado Marijuana Tax Structure Questioned is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
13 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

What it Will Take to Land a Coveted Medical Marijuana Business License in Illinois

By John Schroyer Let the countdown begin. Entrepreneurs in Illinois can officially apply for medical marijuana business licenses in less than four weeks, with the state planning to accept submissions from Sept. 8-22. So what will it take to win one of the coveted 21 cultivation licenses and 60 dispensary permits? Read MoreWhat it Will […]

What it Will Take to Land a Coveted Medical Marijuana Business License in Illinois is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
13 Aug 2014
Posted by Mary Jane
Category MMJ Business Daily

105 Banks Working With Cannabis Industry

Banking guidelines handed down by the Obama administration earlier this year are “having the intended effect” of encouraging more financial institutions to do business with the cannabis industry, according to a key government official. Jennifer Shasky Calvery, head of the U.S. Treasury Department’s Financial Crimes Enforcement Network, told The Washington Post that there are now […]

105 Banks Working With Cannabis Industry is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More