MMJ Business Daily

Berkeley Patients Group’s journey: Behind the scenes at California dispensary’s recreational MJ launch

(This is the second installment in a series chronicling the challenges and successes one prominent dispensary – Berkeley Patients Group – is experiencing as it transitions from California’s unregulated marijuana market to a statewide …

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Eight Pennsylvania cultivators approved to begin growing medical cannabis

Pennsylvania regulators have given the go-ahead to eight cultivators to begin growing medical marijuana, putting sales on track to begin in 2018. Once the product is ready, dispensaries should have plenty of customers to buy it, the Philadelphia Inquir…

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Florida bank which welcomed medical marijuana firms now closing accounts

Orlando-based First Green Bank – which earlier this year opened accounts for six of Florida’s seven medical marijuana producers and openly agreed to provide them with financial services – said it is shuttering the accounts. The Miami Herald…

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Year in Review: Top 10 stories in the marijuana industry from 2017

It was a lung-busting 2017 for the North American cannabis industry, with marijuana executives stateside holding their collective breath wondering whether the new Trump administration would crack down on legal MJ businesses. Amid the uncertainty, Nevad…

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Ohio medical cannabis cultivation licensees vie for processing permits

Ohio regulators announced that 104 applicants have applied for 40 available medical marijuana processor licenses. The Cleveland Plain Dealer reported that at least 22 of those applicants are businesses that have already secured cultivation licenses. He…

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Ohio medical cannabis cultivation licensees vie for processing permits

Ohio regulators announced that 104 applicants have applied for 40 available medical marijuana processor licenses. The Cleveland Plain Dealer reported that at least 22 of those applicants are businesses that have already secured cultivation licenses. He…

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Privateer adds marijuana edibles company The Goodship to its portfolio

Privateer Holdings has added an edibles company to its portfolio of marijuana businesses, marking the Seattle company’s first foray into the infused products sector. According to a news release, The Goodship, a Seattle-based marijuana edibles com…

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Cannabis company MJardin raises $20M to bankroll acquisitions

Denver-based MJardin Group said Wednesday it secured $20 million in equity financing, a hefty sum it plans to use for additional strategic acquisitions in the marijuana industry. MJardin – which manages dozens of cultivation facilities for cannab…

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Nevada recreational marijuana sales set record in October, hitting nearly $38M

Nevada’s young recreational marijuana market remains red hot, showing few signs of slowing since launching in July. Sales of recreational marijuana accelerated in October, hitting a record $37.9 million – up notably from the $27.7 million r…

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It’s not easy, but nonresident cannabis entrepreneurs can set up shop in California

You don’t have to hail from California to get in on what will be the biggest cannabis market in the world.
The state’s new medical and recreational marijuana programs don’t have a residency requirement – a fact that could attract droves of out-of-state…

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