MMJ Business Daily

AG Sessions rescinds Cole Memo, roiling marijuana industry

Attorney General Jeff Sessions has rescinded an Obama-era policy that paved the way for legalized marijuana to flourish in states across the country, creating new confusion about enforcement and use only three days after California’s new legaliza…

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Canadian hemp company inks California distribution deal

A Canadian hemp company clinched a California distribution deal that will see its CBD-infused foods and waters on shelves in 550 dispensaries. Phivida Holdings of Vancouver, British Columbia, said it struck the agreement Wednesday with Green Reef Distr…

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Reporter’s California Notebook: The frenzied launch of the world’s largest marijuana market

Marijuana Business Daily reporter John Schroyer is on the ground in California, posting firsthand accounts detailing this week’s historic launch of the state’s recreational marijuana market. Scroll down for an inside account from marijuana …

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Maryland community bank accepting cannabis business accounts

A local bank in Maryland is helping medical marijuana businesses alleviate a major headache in the cannabis industry. According to The Washington Post, two marijuana dispensaries and two cultivators have opened accounts with Severn Savings Bank, an Ann…

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British Columbia to decide on co-locating cannabis and liquor sales

A decision is reportedly coming this month on whether British Columbia will allow recreational cannabis and liquor to be sold in the same location. The province has said it would give entrepreneurs the opportunity to participate in recreational sales o…

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Multistate marijuana testing lab company announces acquisition in California

Oregon-based cannabis testing firm Evio Labs said it’s acquiring competitor C3 Labs in Berkeley, California, which will give it a presence in the Bay Area to go with its labs in Southern California and north of Sacramento. Evio operates 10 testin…

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Utah launches CBD probe, but some retailers unfazed

CBD confusion has spread to Utah, where state authorities have launched an investigation of the nascent cannabidiol industry even as business owners are risking expansion into the hot market. The confusion started in late December, when the Utah Divisi…

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Canada’s CannaRoyalty makes headway into California’s cannabis market

CannaRoyalty said two California companies it is acquiring have received licenses to operate in the state’s new recreational cannabis market, positioning the Ontario-based business to capitalize on the largest legal cannabis market in the world. …

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Florida recreational marijuana legalization groups say they won’t make 2018 ballot

It looks as if Florida’s bid to legalize recreational cannabis will have to wait until at least 2020. Two separate campaigns trying to gather the requisite 766,000 voter signatures to place initiatives on the November 2018 ballot told the Naples …

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Delay in Washington state’s marijuana seed-to-sale system causes diversion concerns

Washington state marijuana businesses won’t have a government-run seed-to-sale tracking program for at least another month, causing industry insiders to worry that the prolonged delay could lead to diversion and other compliance issues.
The state’s Liq…

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