US Medical Marijuana Business News:

February 26, 2015

MJ Financial Services Firm Secures $2M Investment

A financial services firm that plans to serve the cannabis industry has secured $2 million in financing from the maker of skin care products for cancer patients. Kind Financial, which [click to continue...]

February 17, 2015

Who’s Next: States With the Best Chances of Legalizing Rec or Medical Marijuana in 2015

By John Schroyer Let the lobbying begin. Lawmakers across the country are introducing bills to legalize medical or recreational cannabis at the state level this year, galvanizing marijuana advocacy groups [click to continue...]

February 5, 2015

Surgeon General Backs MMJ

Medical cannabis professionals may have a new ally at the federal level: U.S. Surgeon General Vivek Murthy told CBS this week that “marijuana can be helpful” for some medical ailments. [click to continue...]

February 2, 2015

Chart of the Week: New Businesses Flooding the Cannabis Industry

By Marijuana Business Daily staff The Green Rush is alive and well. Roughly 53% of cannabis-related businesses either launched in 2014 or are in startup mode now, underscoring intense entrepreneurial [click to continue...]

January 30, 2015

Week in Review: Bank Axes CO Service, Contentious Biz Plan in Alaska & Concerns Over Potential AG

By John Schroyer An Oregon-based bank retreats from the Colorado marijuana market, an entrepreneur reveals plans to open an unlicensed dispensary in Alaska, and the nominee for U.S. attorney general [click to continue...]

January 29, 2015

IRS Memo Could Raise Cannabis Industry’s Tax Bill by ‘Millions and Millions’ of Dollars

By John Schroyer A new IRS memo about tax issues tied to cannabis companies could end up costing the marijuana industry millions of dollars annually, reducing already-slim profit margins for [click to continue...]

January 22, 2015

Growing Number of Banks & Credit Unions Catering to Cannabis Industry, But Challenges Remain

By John Schroyer The lack of access to traditional banking services is a constant concern in the cannabis world, but the narrative is finally starting to change. An increasing number [click to continue...]

January 19, 2015

Chart of the Week: Increasing Pace of Recreational, Medical Marijuana Legalization

By Jennifer Mann If the recent past is any indication, the cannabis industry should be optimistic for legalization of both medical and recreational marijuana at the state level in 2015 [click to continue...]

January 15, 2015

After 2014 Boom, Marijuana Investments Poised for Another Big Year

By John Schroyer The rise of recreational cannabis, the federal government's easing policies on the industry and growing public support helped fuel record investments in the marijuana sector last year. [click to continue...]

January 13, 2015

Report: Cannabis Industry Investments Rocket 942%

Talk about a growth spurt. In the 2013 and 2014 fiscal years, investments in the North American cannabis industry hit $104.5 million, according to Inc.com, which based its report on [click to continue...]

January 12, 2015

Federal Judge to Rule on Marijuana’s Schedule I Classification

The cannabis industry could gain more legal credibility when a judge in California rules next month on whether marijuana’s classification as a Schedule I narcotic is constitutional. The case involves [click to continue...]

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Another Nat’l Poll Finds Majority of Americans Favor Legalization

Some more good news for cannabis activists and businesses: A respected national poll taken every [click to continue...]

Insurance Firms Urged to Craft MJ Policies

marijuana insurance

Mainstream insurance companies should start crafting policies to cover legal marijuana businesses as the industry [click to continue...]

DC Bans Consumption at Private Clubs

In a bid to curtail premature business opportunities tied to recreational marijuana, city leaders in [click to continue...]

$36 Million Raised for Ohio MJ Legalization

A group in Ohio┬áhas already raised $36 million for a proposed ballot measure that would [click to continue...]

PharmaCann Poised to Hold Most IL Licenses

illinoismedicalmarijuana

After a medical marijuana company abandoned its cultivation license on Monday in an area west [click to continue...]

WA Could Outlaw Marijuana Vending Machines

Washington State entrepreneurs hoping to sell marijuana through vending machines or drive-up windows took a [click to continue...]

Cannabis Producers Have New Worry: Stoned Rabbits

Cannabis businesses face opposition from anti-marijuana advocates worried about the drug falling into the hands [click to continue...]

Nevada Senator: Secrecy in MMJ Licensing Process a ‘Disaster’

Las Vegas MMJ

Nearly 40% of the 519 businesses that applied for medical cannabis business licenses in Nevada [click to continue...]

Florida’s Second Stab at CBD Rules Questioned

Florida is having a hard time figuring out rules for its CBD industry. The state [click to continue...]

Maine Medical Cannabis Sales Total $16.2M

Dispensaries in Maine sold an estimated $16.2 million worth of medical cannabis last year, while [click to continue...]

Oregon Agency Weighs in on MMJ, Rec Rules

Oregonoutline

Oregon could keep medical marijuana completely separate from recreational cannabis when retail sales begin next [click to continue...]

Missouri Awards Hemp Cultivation Licenses

Missouri has joined the growing number of states legalizing CBD-based medicines. The state awarded cultivation [click to continue...]

150K Pounds of Legal Marijuana Sold in CO Last Year

Dispensaries and retail cannabis stores in Colorado sold nearly 150,000 pounds of marijuana flower last [click to continue...]

Medical Cannabis Demand Outweighing Supply in DC

supply and demand

Recreational marijuana has dominated headlines out of Washington DC this week, as the use, possession [click to continue...]