MMJ Business Daily

Mexico to allow sales of marijuana-based products in 2018

Mexico has approved the sale of cannabis-based products, but without any licensed cannabis businesses, the goods must be imported. The Central American country legalized selling cannabis-derived medicine, food, beverages, makeup and other products next…

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Week in Review: Marijuana fund raises, more Maryland dispensaries & Alaska shutters edibles maker

Two ancillary marijuana companies announce huge fund raises, Maryland approves 12 more medical cannabis dispensaries, and Alaska regulators shut down an edibles company. Here’s a closer look at some notable developments in the marijuana industry over t…

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Cronos CEO Mike Gorenstein: ‘Reckoning’ is coming for Canada’s marijuana companies

Cronos Group isn’t the kind of company to promise the moon and deliver a pizza. That’s why the Toronto-based firm announced its intentions for a massive expansion after breaking ground on a 315,000-square-foot facility earlier this year. It’s all part …

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Cronos CEO Mike Gorenstein: ‘Reckoning’ is coming for Canada’s marijuana companies

Cronos Group isn’t the kind of company to promise the moon and deliver a pizza. That’s why the Toronto-based firm announced its intentions for a massive expansion after breaking ground on a 315,000-square-foot facility earlier this year. It’s all part …

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MassRoots facing eviction from Denver office

Cannabis-focused social media platform MassRoots could be evicted from its Denver offices unless the company pays nearly $40,000 in back rent. According to The Cannabist, the embattled publicly traded company owes $39,742 to its landlord and hasn&#8217…

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Los Angeles health department will inspect cannabis businesses

Los Angeles health officials will inspect marijuana companies in the city, much as they do food-related businesses like restaurants. Health and sanitation inspections of cannabis businesses were authorized this week in a vote of Los Angeles County lead…

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Largest hemp farm in Maine getting even bigger

A Canadian company that specializes in indoor marijuana production is ramping up its move to grow hemp in the United States. Future Farm Technologies of Vancouver, British Columbia, is adding 100 acres to its Maine hemp farm, nearly doubling its acreag…

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Organigram plans to increase marijuana production via CA$73 million raise

The largest producer of medical marijuana on Canada’s East Coast said it signed three separate deals to secure roughly 73 million Canadian dollars ($57 million), with much of the funding going to boost its production capacity. Organigram said in a news…

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Rhode Island seeing big increase in medical cannabis growers, patients

Both the number of hopeful medical cannabis cultivators and registered patients have shot up over the past year in Rhode Island, yet another indication of the continuing growth for MMJ businesses in even some of the nation’s smallest markets. Acc…

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Sweet Leaf raids highlight need for clarity in Colorado’s marijuana enforcement regulations

The arrests of 13 budtenders at one of Colorado’s largest marijuana retail chains last week exposed a hole in the state’s regulations for recreational marijuana sales. The rules stipulate that a retail cannabis store can’t sell more t…

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