MMJ Business Daily

Tourism business opportunities await as Ontario mulls cannabis in hotels, lounges, RVs

Ontario is weighing recreational cannabis consumption in hotels, lounges and RVs, a move that would create a “‘potentially huge” new tourism industry in Canada’s most-populous province if the rules are adopted, according to industry leaders. The propos…

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Tilray raises CA$60M to sharply boost global cannabis production

Tilray said it raised 60 million Canadian dollars ($47 million) in financing that will allow the licensed producer to ramp up marijuana production capacity nearly fivefold this year to meet demand in Europe and Canada’s rapidly expanding medical cannab…

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Grower could be first in New Mexico to lose medical marijuana license

The New Mexico health department is alleging that a medical marijuana grower submitted falsified audits and is taking steps to revoke the company’s license. Mother Earth Herbs denies it falsified audit reports and has requested a hearing to challenge t…

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Hemp State Highlight: Nevada enjoying sky-high prices, but can farmers’ luck last?

Far from the flashy marijuana dispensaries in Las Vegas, hemp farms in rural northern and southern Nevada can’t keep up with booming demand for flower for CBD production.
The result is a blazing-hot wholesale market for hemp flower, with growers report…

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Vermont hemp legal dispute snags processor

Hemp may be easy to grow, but raising a profitable crop is no slam dunk. That’s what a Vermont hemp processor is learning after a landowner sued him for not delivering thousands of dollars she was hoping would save her mother’s home. A laws…

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South Korean lawmaker introduces bill to legalize medical cannabis

A lawmaker with South Korea’s ruling Democratic Party is attempting something that would have been unthinkable even one year ago in the socially conservative country — legalizing and regulating medical cannabis. Rep. Shin Chang-hyun introduced a bill t…

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Job growth in marijuana industry is skyrocketing

The total number of job postings for the U.S. cannabis industry increased by 445% in 2017, a study by job search website ZipRecruiter shows. The online job platform noted the spike is dramatically higher than the 18% increase in cannabis-related job po…

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CBD confusion rallies conservative-state lawmakers

A raft of CBD-related measures are advancing in conservative states where lawmakers seem unwilling to wait for federal courts to decide the legal fate of cannabis-derived treatments low in THC. Kansas lawmakers are looking at giving CBD legal cover, a …

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India’s marijuana industry ‘just getting started,’ says executive

India’s leading purveyor of traditional medicine is trying to pry open the country’s medical and industrial cannabis markets and, in doing so, create the largest medical marijuana market in the world. Hundreds of scientists employed by Patanjali Ayurve…

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Stand-alone marijuana growers in vertically integrated markets seek alternate sales channels

In an attempt to bolster their bottom line and maintain a solid position in the market, some stand-alone marijuana cultivators that don’t possess retail licenses are pushing for the right to open retail stores or even sell cannabis directly to cu…

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