June 13, 2013

Nevada Passes Medical Cannabis Bill, Paving Way for 60+ Dispensaries & $10M in Annual MMJ Sales

Nevada has officially passed a bill that will allow medical marijuana dispensaries and cultivation operations to set up shop in the state, bolstering the red-hot national MMJ industry and paving [click to continue...]

June 12, 2013

Wrap-Up Report: East Coast Cannabis Entrepreneurs & Investors Seminar

By Anne Holland By noon yesterday, a line of executives clad in suits and business attire stretched far down a sidewalk on Manhattan’s lower east side – waiting for the [click to continue...]

June 11, 2013

Canada Proposes Shutting Down Home Grows: Medical Marijuana to be Distributed via Secure Couriers

By Anne Holland After two years of research and debate, the Canadian Minister of Health has announced her department will propose new medical marijuana regulations on June 19, which are [click to continue...]

June 10, 2013

Week in Review: Improving Marijuana Funding & Investment Climate + NY, Nevada on MMJ Precipice

In the marijuana industry, six months can make a world of difference. That’s definitely the case when it comes to the funding climate, which has improved significantly since the start [click to continue...]

June 7, 2013

Another Swing and a Miss for Arizona Marijuana Opponents, Another Victory for MMJ Industry

Arizona medical cannabis businesses can exhale: Yet another attempt to sink the state’s MMJ program has failed – utterly and completely. State Rep. John Kavanagh, a Republican representing Fountain Hills, [click to continue...]

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 continue...]

June 5, 2013

Medical Cannabis Dispensaries Losing Bank Accounts Over Large, Frequent Cash Deposits

An increasing number of medical cannabis dispensaries are losing their coveted bank accounts simply because they’re depositing too much cash, too frequently. The development presents yet another major challenge to [click to continue...]

June 4, 2013

MMJ Momentum Continues as Nevada, New York Medical Cannabis Bills Advance

Lawmakers in Nevada and New York advanced key medical marijuana legislation on Monday, raising hopes that dispensaries will be able to open in both states and setting the stage for [click to continue...]

June 3, 2013

Week in Review: Bill to Stop IRS Assault on MMJ Faces Long Odds + Skepticism Over Cannabis Plans

Last week, Medical Marijuana Business Daily wrote about how a federal lawmaker is planning to introduce legislation that would prevent the Internal Revenue Service from making life exceedingly difficult for [click to continue...]

May 31, 2013

Micah Johnson: Colorado, Washington Medical Marijuana Businesses Face Marketing Conundrum

By Micah Johnson When the smoke finally cleared in Colorado following the raucous events of April 20, the giant elephant in the corner could no longer go unaddressed: Cannabis is [click to continue...]

May 31, 2013

Former Microsoft Exec’s Plan to Create Major National Cannabis Brand Faces Many Hurdles

Jamen Shively has generated a lot of buzz lately. After revealing plans late last year to launch a high-end marijuana business in Washington State for discerning smokers, the former Microsoft [click to continue...]

May 30, 2013

Federal Lawmaker to Introduce Bill Tackling Top Problem for Medical Marijuana Industry: Taxes

US Congressman Earl Blumenauer is emerging as one of the biggest marijuana supporters in the halls of power, championing various initiatives recently that would help the cannabis cause. Now he’s [click to continue...]

Oregon Bank Looking to Work With Marijuana Industry

An Oregon-based financial institution has confirmed it is in talks with federal and state regulators [click to continue...]

NY Urged to Accelerate MMJ Program

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Cannabis advocates and lawmakers in New York are urging the state to accelerate implementation of [click to continue...]

Senators Ask Feds for Cannabis Guidance, Consistency

Senators from Colorado and Washington have jointly appealed to the White House and the U.S. [click to continue...]

Study: WA Rec Industry Not Creating Tourism Boom

Interest in traveling to Seattle has dipped slightly despite the start of recreational cannabis sales [click to continue...]

Rand Paul Pressuring Lawmakers to Declare Marijuana Stance

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U.S. Sen. Rand Paul (R-KY) has filed a series of marijuana-related amendments in recent days, [click to continue...]

CBD, Hemp Bill Introduced in House

A Republican lawmaker has introduced a bill in the U.S. House that would effectively legalize [click to continue...]

90% Support MMJ in Florida

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Opponents of medical marijuana legalization in Florida have ramped up publicity for their campaign in [click to continue...]

Stiff Competition for LV Dispensary Licenses

Applicants for medical marijuana dispensary licenses in Las Vegas face some hefty competition. Roughly 47 [click to continue...]

New York Times Urges Marijuana Legalization

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The New York Times editorial board is calling for an end to the federal ban [click to continue...]

Debt Fund Launched for Illinois MMJ Startups

Entrepreneurs looking to enter Illinois’ medical marijuana industry could get help with one of the [click to continue...]

FL Company Nabs $500K Funding Commitment

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A Florida company has secured up to $500,000 in investments to fuel its business interests [click to continue...]

$38.5M Potential Tax Haul From Legalized Cannabis in Oregon

Cannabis legalization in Oregon could generate $38.5 million in taxes for the state during the [click to continue...]

Seattle Dispensaries, MMJ Growers Could Get Reprieve

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Medical marijuana businesses in Seattle could get until 2016 to obtain licenses with the state. [click to continue...]

63 License Applications in Las Vegas

Las Vegas received 63 applications for medical cannabis business licenses by Wednesday’s deadline, according to [click to continue...]