MMJ Business Daily

Judge’s ruling muddles Maryland’s medical marijuana program

A Baltimore judge has rejected arguments to dismiss a lawsuit alleging that Maryland’s medical marijuana commission broke program rules when it awarded cultivation business licenses earlier this year.
The ruling means the case must go to trial, y…

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Maine appoints new medical cannabis program director

Maine’s medical marijuana program finally has a new director, after the position went unfilled for a year.
Marietta D’Agostino, a former director of the state’s MMJ program, left in 2016 for a job in the private cannabis sector, and C…

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California tribes worry they’re being shut out of state’s regulated marijuana industry

By John Schroyer
Dozens of California’s 109 federally recognized Native American tribes have reportedly expressed interest in entering the state’s regulated cannabis market when it launches.
But as the state’s unfinished regulations stand, those tribes…

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Canadian medical marijuana will be available in most of Germany’s 20,000 pharmacies

By Matt Lamers
Canadian medical marijuana will ultimately be available in most of Germany’s 20,200 pharmacies, thanks to two notable deals reached this week by major licensed MMJ producers.

The agreements – involving Cronos Group and Tilray &#82…

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Louisiana doctors not showing much interest in MMJ program

As Louisiana’s medical marijuana program nears its launch, only two doctors have applied for permission to recommend the drug, raising questions about whether the state’s MMJ system will need tweaking in order to establish a viable industry…

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Louisiana doctors not showing much interest in MMJ program

As Louisiana’s medical marijuana program nears its launch, only two doctors have applied for permission to recommend the drug, raising questions about whether the state’s MMJ system will need tweaking in order to establish a viable industry…

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First Texas CBD dispensary aiming for December opening

Epilepsy patients in Texas will be able to purchase low-THC, high-CBD medical marijuana at a dispensary beginning in December, one of the state’s three licensees announced this week.
Cansortium Texas will open a CBD dispensary by the end of the y…

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California city approves massive marijuana facility

A Southern California town has approved a 489,000-square-foot medical marijuana cultivation and production facility that would make it one of the largest in the U.S. marijuana industry.
The facility is to be built in Cathedral City, near Palm Springs, …

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Aurora Cannabis strikes stock deal to raise CA$60 million

Aurora Cannabis reached a stock-purchase deal to raise another 60 million Canadian dollars ($50 million) to fund its domestic and international expansion initiatives, bringing its new financing so far this year to CA$264.1 million.

Aurora – based in Alberta and traded on the Toronto Stock Exchange under the symbol ACB – said in a news release that the underwriters have an option to increase the proceeds of the latest capital raise to CA$69 million.

The CA$60 million funding, announced Tuesday, represents a CA$10 million increase from an initial bought deal transaction that Aurora had announced the same

Aurora Cannabis strikes stock deal to raise CA$60 million is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Obama-era attorney general blasts Jeff Sessions over cannabis views

A U.S. attorney general under President Barack Obama laid into the nation’s current top law enforcement official and said that current AG Jeff Sessions has an “almost obsession with marijuana.”

Eric Holder – who served as U.S. attorney general from 2009 to 2015 – said during a speech at the John Jay College of Criminal Justice in New York that, under his watch, the Department of Justice was correct to issue the 2013 Cole Memo and let states take the lead on regulating the cannabis industry, the Washington Examiner reported.

But Holder critiqued Sessions in

Obama-era attorney general blasts Jeff Sessions over cannabis views is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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