MMJ Business Daily

FDA sends another round of warnings to CBD producers

Federal drug authorities have sent another round of warning letters to CBD producers about making health claims.
The recipients include CW Hemp, the Colorado Springs, Colorado, company that supplies the popular Charlotte’s Web medicine for intractable …

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Ontario renews vow to close privately owned MJ dispensaries

As Ontario prepares to roll out its marijuana legislation Wednesday, the province doesn’t appear to be backing away from its pledge to block private enterprises from selling recreational cannabis.
Ontario Premier Kathleen Wynne told reporters tha…

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Cleveland nixes 95% of real estate for medical marijuana businesses

Only about 5% of land in Cleveland would be eligible for medical cannabis businesses to set up shop under a new and highly restrictive ordinance approved by the city council this week.
The ordinance – approved on a 15-1 vote by the council &#8211…

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Aurora gets medical marijuana cultivation license for Quebec site

Aurora Cannabis received a cultivation license from Health Canada for its 40,000-square-foot indoor facility in Pointe-Claire, making it only the second company to have a medical marijuana production license in Quebec.
An executive told Marijuana Busin…

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Focus on marijuana’s future, not the future of your MJ company: Q&A with George Blankenship

By Kristen Nichols
The marijuana business has a lot to learn from Tesla.
Ever heard of Tesla? Of course you have, though you’ve never seen a TV commercial for their electric cars or seen a promotion from a local dealer.
That’s because Tesla used innova…

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Hemp State Highlight: Oregon positioned for national dominance with tested products

By Kristen Nichols
When it comes to hemp, Oregon is no little brother to its more populous neighbors to the north and south.
Washington state bans hemp production for high-value CBD products, and California is headed toward a patchwork of local hemp re…

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Poseidon aims to raise $100M-$150M through new cannabis fund

Poseidon Asset Management – a San Francisco-based, cannabis industry-focused investment company – has launched a second fund with the goal of raising $100 million to $150 million from investors.
If Poseidon achieves that goal, the investmen…

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Weedmaps’ marijuana billboards under fire in Arizona

An anti-marijuana organization in Arizona has asked the state’s attorney general to investigate cannabis tech company Weedmaps for false advertising.
According to Phoenix New Times, Arizonans for Responsible Drug Policy (ARDP) is questioning the …

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Tribe sues DEA, California county for removal of 26-acre hemp crop

A Native American tribe based in Nevada is suing the U.S. Drug Enforcement Administration over the seizure of a 26-acre hemp crop growing in California.
The Winnemucca Indian Colony of Nevada – a federally recognized tribe of Western Shoshone and…

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Tribe sues DEA, California county for removal of 26-acre hemp crop

A Native American tribe based in Nevada is suing the U.S. Drug Enforcement Administration over the seizure of a 26-acre hemp crop growing in California.
The Winnemucca Indian Colony of Nevada – a federally recognized tribe of Western Shoshone and…

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