MMJ Business Daily

28 Jul 2014
Posted by Mary Jane
Category MMJ Business Daily

New York Times Urges Marijuana Legalization

The New York Times editorial board is calling for an end to the federal ban on marijuana use and sales, lending some high-level support to the industry. In a weekend editorial, the newspaper takes a balanced approach to the issue, acknowledging that “there are no perfect answers to people’s legitimate concerns about marijuana use.” It […]

New York Times Urges Marijuana Legalization is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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28 Jul 2014
Posted by Mary Jane
Category MMJ Business Daily

Salty & Savory Edibles Still a Niche Market, but Some Companies See Growth Potential

By Marijuana Business Daily staff Cannabis consumers have a major sweet tooth, as evidenced by the vast selection of candies, brownies and chocolate bars at many dispensaries and retail stores. But salty and savory edibles such as pretzels, crackers and sauces aren’t nearly as prevalent. Some shops carry only one or two of these products, […]

Salty & Savory Edibles Still a Niche Market, but Some Companies See Growth Potential is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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25 Jul 2014
Posted by Mary Jane
Category MMJ Business Daily

Debt Fund Launched for Illinois MMJ Startups

Entrepreneurs looking to enter Illinois’ medical marijuana industry could get help with one of the biggest issues facing cannabis startups: funding. Prairie Wellness Fund Ltd. announced it is hoping to raise as much as $100 million to provide fledgling marijuana companies in Illinois with letters of credit and loans. Businesses could use the money to […]

Debt Fund Launched for Illinois MMJ Startups is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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25 Jul 2014
Posted by Mary Jane
Category MMJ Business Daily

Week in Review: 1,000s More Patients in IL + Rec Makes Oregon Ballot & Hopes Dashed in San Jose

By Chris Walsh Illinois expands its medical marijuana program, the legalization drive in Oregon gains steam and dispensaries in one of California’s largest MMJ markets get the worst possible news. Here’s a closer look at some notable business-related developments in the cannabis industry over the past week: Read MoreWeek in Review: 1,000s More Patients in […]

Week in Review: 1,000s More Patients in IL + Rec Makes Oregon Ballot & Hopes Dashed in San Jose is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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25 Jul 2014
Posted by Mary Jane
Category MMJ Business Daily

FL Company Nabs $500K Funding Commitment

A Florida company has secured up to $500,000 in investments to fuel its business interests in the marijuana field. Holding firm iMD Companies landed an initial infusion of $25,000 with an agreement for additional funds as needed to support growth down the road. The company did not reveal the firm or individuals behind the funding, […]

FL Company Nabs $500K Funding Commitment is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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25 Jul 2014
Posted by Mary Jane
Category MMJ Business Daily

$38.5M Potential Tax Haul From Legalized Cannabis in Oregon

Cannabis legalization in Oregon could generate $38.5 million in taxes for the state during the first full year of implementation, according to a new report. The study, authored by ECONorthwest, examines the economic impact of recreational marijuana sales in the state. New Approach Oregon, the group behind the bid to legalize marijuana this fall, commissioned […]

$38.5M Potential Tax Haul From Legalized Cannabis in Oregon is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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24 Jul 2014
Posted by Mary Jane
Category MMJ Business Daily

Seattle Dispensaries, MMJ Growers Could Get Reprieve

Medical marijuana businesses in Seattle could get until 2016 to obtain licenses with the state. Seattle City Councilman Nick Licata has offered up a proposal that would allow dispensaries and medical marijuana growers to continue operating until January 2016, at which time they would be required to obtain a state license. The proposal is key […]

Seattle Dispensaries, MMJ Growers Could Get Reprieve is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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24 Jul 2014
Posted by Mary Jane
Category MMJ Business Daily

63 License Applications in Las Vegas

Las Vegas received 63 applications for medical cannabis business licenses by Wednesday’s deadline, according to an official with the city. Most of of them came in at the eleventh hour, mirroring the last-minute rush in Clark County. As the 3 p.m. deadline approached, a crowd of applicants filled a waiting room to throw their hat […]

63 License Applications in Las Vegas is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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24 Jul 2014
Posted by Mary Jane
Category MMJ Business Daily

PTSD Study Could Move Forward, With Lead Researcher

A federally approved project to research the use of marijuana for treating post-traumatic stress disorder may move forward after all, just not at the University of Arizona. The university abruptly terminated the lead researcher on the project, Dr. Suzanne Sisley (pictured), earlier this month, putting the future of the study in doubt. But the organization […]

PTSD Study Could Move Forward, With Lead Researcher is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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23 Jul 2014
Posted by Mary Jane
Category MMJ Business Daily

Minnesota Names Medical Cannabis Czar

Minnesota’s medical marijuana program now has a leader. Michelle Larson, who held various executive roles with the state’s health department over the past decade, has been named head of the newly created Office of Medical Cannabis. In this capacity, she will play a key role in helping the state develop regulations on the medical marijuana […]

Minnesota Names Medical Cannabis Czar is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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