MMJ Business Daily

Guest Column: Big Differences in Wants & Needs of Medical, Recreational Cannabis Customers

By Luke Ramirez On Jan. 18, my dispensary made a drastic shift. After selling medical cannabis to more than 30,000 patients since 2009, Walking Raven pivoted to the recreational market and became primarily a retail store. Since making the transition – the store now generates 90% of its sales from the adult-use crowd – we’ve […]

Guest Column: Big Differences in Wants & Needs of Medical, Recreational Cannabis Customers is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More

Moody’s: WA Rec Sales Could Fall Short of Projections

Initial recreational cannabis sales in Washington State could fall “well short” of expectations due to high tax rates, competition from medical marijuana and delays in the licensing process, according to an updated outlook by Moody’s Investors Service. As a result, the state’s total tax and licensing revenues from retail marijuana will likely be far lower […]

Moody’s: WA Rec Sales Could Fall Short of Projections is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More

Oregon Recreational Marijuana Bill Approved for Ballot

Oregon voters will get another shot at legalizing recreational marijuana. The state announced Tuesday that advocates submitted enough signatures to qualify a legalization bill for the ballot this November. The measure would allow adults 21 and over to consume cannabis. It calls for a system of regulated, state-licensed businesses to grow and sell the drug […]

Oregon Recreational Marijuana Bill Approved for Ballot is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More

Infused Products, Extracts Guidelines Released

The American Herbal Products Association (AHPA) released business guidelines today tied to the manufacturing, packaging, labeling and storage of cannabis-derived products, wrapping up a project to create regulatory recommendations for the medical marijuana industry. The guidelines – modeled after similar recommendations covering food products and dietary supplements – are aimed at businesses involved in cannabis […]

Infused Products, Extracts Guidelines Released is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More

IL Hospital Voices Interest in Dispensing Marijuana

A hospital in Chicago has gone public with its desire to dispense medical cannabis. Executives at Swedish Covenant Hospital said such a move makes sense because of patients’ desire to be treated with medical marijuana and the security and safety a healthcare facility can provide. Still, they stressed that the hospital will not pursue a dispensary […]

IL Hospital Voices Interest in Dispensing Marijuana is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More

Bid to Overturn San Jose MMJ Regs Falls Short

A last-ditch effort to block restrictive regulations on medical cannabis businesses in San Jose, California, has come up short. Advocates failed to get the required number of signatures for a proposed ballot measure seeking to overturn the rules, which severely restrict where dispensaries can locate. The failure means that most of San Jose’s 80 or […]

Bid to Overturn San Jose MMJ Regs Falls Short is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More

VT Moves Forward With Marijuana Legalization Study

Rand Corp. is set to begin a study on the possible impacts of marijuana legislation in Vermont, the results of which could have broad implications for cannabis legalization efforts across the country. Officials from Rand Corp. – a prestigious research firm – will be in Vermont early next week to do initial work on the […]

VT Moves Forward With Marijuana Legalization Study is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More

Illinois Expands MMJ Program

Illinois Gov. Pat Quinn has signed legislation expanding the list of qualifying conditions for the state’s medical marijuana program. Under the new law, patients with seizure disorders – including epilepsy – will be eligible for medical marijuana cards. The legislation also paves the way for children who experience seizures to obtain access to non-smokable forms […]

Illinois Expands MMJ Program is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More

Cheeba Chews Returns to Colorado Market

Cheeba Chews is back in business. The Colorado-based company – which makes a popular line of edibles – reportedly has a new licensing deal in place to manufacture infused products in its home state. Production has resumed and the company is now filling orders from dispensaries, an official with Cheeba Chews told Marijuana Business Daily. […]

Cheeba Chews Returns to Colorado Market is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More

WA Product Shortages Could Last Months

When will Washington State’s recreational marijuana industry have enough product to satisfy demand? One cultivator expects it will take months for cannabis inventory to stabilize. Until that happens, supplies will be constrained and prices will reflect product scarcity. Brian Stroh – who owns CannaMan Farms, a cultivation site in Clark County – said licensed growers […]

WA Product Shortages Could Last Months is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More