MMJ Business Daily

California opens online system for temporary marijuana business licenses

California is taking applications to license its emerging legal marijuana industry. The state on Friday kicked off the process of considering temporary licenses for what is expected to be thousands of retailers, distributors and testing labs in the new…

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Prince Edward Island turns to government-run stores to sell recreational marijuana

Prince Edward Island plans to corner the market for recreational marijuana by limiting sales to government-owned retail locations, making it the latest province to bar entrepreneurs from investing in storefront opportunities. PEI will restrict recreati…

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Tax court ruling on 280E case could come this month

A ruling from the U.S. Tax Court on whether the 280E provision should not apply to state-licensed marijuana businesses could come before the end of the year. The case – which was tried in mid-2016 by San Francisco attorney Henry Wykowski – …

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Another Canadian medical marijuana producer inks pharmacy deal

CanniMed Therapeutics has entered into a definitive agreement with PharmaChoice to supply medical cannabis products to its 750 pharmacy locations across Canada. It’s the second time this week a licensed marijuana producer and a major pharmacy chain hav…

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Manitoba’s Delta 9 strikes deal to raise CA$20M for cannabis cultivation and retail

Delta 9 finalized a stock-purchase agreement to raise 20 million Canadian dollars ($16 million) to ramp up cultivation and bankroll its bid to become a retailer of recreational marijuana in Manitoba. The Winnipeg, Manitoba-based medical marijuana produ…

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Maryland medical marijuana commission hires executive director

Only days after legal medical marijuana sales began in Maryland, the state’s MMJ commission has hired a new director. Joy Strand, a hospital executive, is replacing Patrick Jameson, who resigned in November.  Jameson took the post in April 2016, …

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Week in Review: Michigan MMJ rules, WA halts hemp licensing & Maryland supply shortfall

Michigan sets emergency rules for its medical marijuana program, Washington state stops issuing hemp licenses, and Maryland MMJ businesses encounter a supply shortage after sales begin. Here’s a closer look at some notable developments in the marijuana…

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Key federal medical cannabis protection gets stay of execution – again

The only current federal law protecting medical marijuana businesses from federal law enforcement agencies has been extended again, this time until Dec. 22. The Rohrabacher-Blumenauer Amendment – previously known as Rohrabacher-Farr – will …

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Class action suit against Canadian medical marijuana producer expands scope

A class action lawsuit targeting Organigram Inc. is expanding its scope to cover allegations that the cultivator’s pesticide-tainted medical marijuana made patients sick before it was recalled. according to CBC News. According to CBC News, the initial …

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280E fix in Congress still possible with tax bill, senator says

U.S. Sen. Cory Gardner tried but ultimately failed a week ago in his bid to include an exemption from 280E for state-compliant marijuana businesses in the landmark tax reform package passed by the Senate. But the Republican from Colorado told Marijuana…

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