MMJ Business Daily

Week in Review: Massachusetts’ MMJ upgrades, WA tracking issues & possible Rhode Island expansion

By Omar Sacirbey, Bart Schaneman and John Schroyer
Massachusetts aims to improve its medical marijuana program, Washington state cannabis companies could find themselves without a traceability system, and Rhode Island may try to expand its MMJ footprin…

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Maryland clears two medical cannabis firms to open for business

Maryland medical cannabis regulators have approved licenses for two cannabis businesses that were under investigation for potential conflicts of interest.
The Maryland Medical Cannabis Commission (MMCC) – which found no evidence to disqualify the…

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Colorado biotech firm hires UC Davis to research hemp

A Colorado agricultural biotech that specializes in marijuana is paying a major California agricultural research university at least $150,000 to study the hemp genome in an effort to reduce the need for using pesticides and fertilizers on the plant.
La…

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Canopy increases global reach into Jamaican medical cannabis market

Canopy Growth signed a strategic partnership with Grow House JA to expand its medical marijuana scope into Jamaica, where construction of a new production facility is already under way.
Canopy, traded on the Toronto Stock Exchange as WEED, holds a 49% …

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3rd Canadian firm wins OK to grow, sell MMJ in Colombia

Another company with strong Canadian ties said it received a license this week to begin the cultivation, distribution and export of medical marijuana in Colombia.
CannaVida SAS – based in Colombia and run by a team of Canadian executives – …

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Report: Europe may become world’s biggest cannabis market

With twice as many citizens as the United State and Canada combined, Europe could become the world’s largest legal cannabis market over the next five years if every or most of the continent’s roughly 50 nations introduces legislation and regulations, a…

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Whoopi Goldberg expands medical marijuana line to Colorado

Comedian Whoopi Goldberg and her cannabis business partner, Maya Elisabeth, have already made a splash in California with their line of infused products intended to treat menstrual cramps. And now, the company is expanding into Colorado.
The next step …

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Distribution emerging as important cog in California’s marijuana supply chain

By John Schroyer
A new niche sector within the larger marijuana industry is developing in California: independent distribution firms that don’t produce their own cannabis products.
Such companies – which often act as inventory clearinghouse…

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Retail monopolies will make life harder, not impossible, for small Canadian cannabis growers

By Matt Lamers
Smaller marijuana cultivators will have to be more nimble and strategic to succeed in Canadian provinces dominated by government-run retail monopolies, but the sales model itself won’t make doing business impossible, according to industr…

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WA cannabis firms may be without seed-to-sale system until 2018

Marijuana businesses in Washington state may have to record their business transactions manually for at least two months because the state will lack a working seed-to-sale tracking system, thanks to a delay in getting a new platform online.
The Washing…

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