News on Cannabis Industry Vendors, Suppliers & Ancillary Firms:

June 6, 2013

Multi-Million Dollar Cannabis Venture Capital Fund in Works, Plans to Target Ancillary Marijuana Startups

A California venture capital firm led by noted MMJ pioneer Justin Hartfield – who co-founded WeedMaps.com -  has launched a new investment fund that aims to pump millions of dollars [click to read more...]

May 28, 2013

Quarterly Financial Reports Highlight Challenges Facing Publicly Traded Medical Cannabis Companies

Medical marijuana sales are expected to grow by 15% this year to hit $1.5 billion, dispensaries are launching in several new markets across the country and retail cannabis stores are [click to read more...]

May 23, 2013

MedBox Profits Halved Despite Healthy Increase in Revenues, Growth of Medical Cannabis Industry

MedBox Inc., which provides automated cannabis vending systems and consulting services to the medical marijuana industry, saw its first-quarter net income fall 56% as increased marketing, commissions and other expenses [click to read more...]

May 16, 2013

GrowLife’s Acquisition Strategy Leads to Spike in Revenues, But Wider Net Loss, in Q1

GrowLife Inc., a publicly traded company that provides cultivation equipment and related technology to the medical marijuana industry, reported a sevenfold increase in revenues during the first quarter but also [click to read more...]

May 10, 2013

Bright Marijuana Business Outlook: 80% of Ancillary Cannabis Firms Expect ‘Big’ or Moderate Growth

The future of the marijuana industry is extremely bright, at least if you ask those who have hitched their wagon to it. Roughly 80% of executives at ancillary cannabis companies [click to read more...]

May 7, 2013

Nominate a Speaker for the National Marijuana Business Conference & Expo 2013

MMJ Business Daily is now accepting speaker nominations for the National Marijuana Business Conference & Expo 2013, the industry’s premier annual gathering for cannabis executives, business owners and professionals. The [click to read more...]

May 3, 2013

Medical Marijuana Inc. on the Defensive After Outside Criticism Sets Shareholders on Edge

One of the more prominent publicly traded cannabis companies has come under fire recently in blogs and stock message boards for its financial accounting methods and other issues, spooking investors [click to read more...]

April 22, 2013

Weekly Wrapup: 5 Cannabis Business Takeaways From Denver 4/20 Events

Last week, we wrote about how some medical marijuana companies in Colorado decided to target the recreational crowd for the first time on 4/20 in light of cannabis legalization, seeing [click to read more...]

March 5, 2013

Washington State Buried Under Deluge of Bids for Cannabis Consultant Contracts

And the winner is…no one, just yet. Washington State initially planned to announce the winning bids for new cannabis consultant positions today but has pushed back its timeline to next [click to read more...]

March 1, 2013

Q&A With Robert Kane on US Firm’s Plans for Cannabis R&D, Treatment Facility in Canada

A US medical marijuana company is moving full speed ahead with plans to build a first-of-its-kind cannabis campus that will include a treatment center, hospital facilities, a lab for research [click to read more...]

February 18, 2013

Weekly Wrapup: Reading the Tea Leaves + International Medical Marijuana Opportunities

This time next year, adults in Colorado and Washington might be able to walk into a neighborhood shop and purchase an eighth of marijuana almost as easily as they would [click to read more...]

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Aaron Smith: 5 Ways Marijuana Businesses Can Secure a Future for the Cannabis Industry

AaronSmith

By Aaron Smith Last week, more than 30 cannabis business leaders from across the country [click to read more...]

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