5 Questions for Justin Hartfield: Opportunities as Cannabis Industry Becomes ‘Pimply Teenager’
WeedMaps co-founder Justin Hartfield made waves in the cannabis industry earlier this month when he launched a new venture capital fund that will invest in and acquire marijuana-related companies. Hartfield and his partner are just now in the early stages of finding investors, but they hope to raise between $10 million and $25 million. If successful, the fund – called [click to read on...]
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 read more...]
Moratoriums, Bans Could Dampen Recreational Marijuana Business Opportunities in Colorado
This week was a historic one in Colorado on the marijuana front, with Gov. John Hickenlooper officially signing laws regulating the production and sale of marijuana for adult use. But [click to read more...]
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...]
Another Medical Marijuana Business Boom on Horizon? Cannabis Bills Advancing in Key States
The next few weeks could lead to a whole new chapter in the medical marijuana history books, with several influential states poised to pass bills that would greatly expand the [click to read more...]
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...]
Prop D Prevails: New LA Cannabis Regs Will Have Many Business Implications, Positive and Negative
A measure to regulate the medical marijuana industry in Los Angeles and limit the number of dispensaries to 135 beat out two competing proposals by a landslide, ushering in a [click to read more...]
Los Angeles Marijuana Dispensaries on Edge With Voters Set to Reshape Nation’s Largest MMJ Market
(Update: The official results are in. See story here) It’s D-Day in LA. The estimated 700-plus dispensaries in Los Angeles will likely learn their fate sometime tonight after voters weigh [click to read more...]
Weekly Wrap-Up: WA or CO Better for Cannabis Entrepreneurs? + Another State Leans Toward MMJ
First Colorado, then Washington. The two states that legalized marijuana for recreational use in November are both moving forward quickly on the regulatory side, with Colorado approving final rules on [click to read more...]
Breaking: Illinois Poised to Become 20th MMJ State as Legislature Passes Medical Cannabis Bill
The Illinois Senate has passed a bill legalizing the cultivation, sale and use of marijuana for medical reasons, a watershed development that puts the state on the cusp of joining [click to read more...]
Proposed Washington State Marijuana Rules Include Many Hoops, Challenges for Entrepreneurs
Labeling and dosage standards. Rules on waste disposal, ownership changes and third-party testing. Application fees ranging from $250 to $500 for marijuana retailer, producer and processor licenses. These are some [click to read more...]
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...]
MMJ State Update: Maine Marijuana Climate Heating Up With New Proposals, Lawsuit
Note: Periodically, MMJ Business Daily will explore the marijuana business climate in smaller medical cannabis states that typically fly under the radar from a national perspective. In this post we’ll [click to read more...]
Expert Opinion
Aaron Smith: 5 Ways Marijuana Businesses Can Secure a Future for the Cannabis Industry
By Aaron Smith Last week, more than 30 cannabis business leaders from across the country [click to read more...]
See all Expert Opinion columns
News by
State
- Polls Show Strong Support for Medical Marijuana Industry, Big Disconnect Between Public & Feds
- More national MMJ news
Arizona Medical Cannabis Business & Marijuana Legal News
- Another Swing and a Miss for Arizona Marijuana Opponents, Another Victory for MMJ Industry
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California Medical Cannabis Business & Marijuana Legal News
- Prop D Prevails: New LA Cannabis Regs Will Have Many Business Implications, Positive and Negative
- More local MMJ news
Colorado Medical Cannabis Business & Marijuana Legal News
- Moratoriums, Bans Could Dampen Recreational Marijuana Business Opportunities in Colorado
- More local MMJ news
Connecticut Medical Cannabis Business & Marijuana Legal News
- Weekly Wrapup: MMJ Dispensary Progress Hits ‘Yellow Lights’ in CA, MD, IL and CT
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DC Medical Cannabis Business & Marijuana Legal News
- Major Milestone: 1st Washington DC Marijuana Dispensary Slated to Open After Long Delays
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Maine Medical Cannabis Business & Marijuana Legal News
- MMJ State Update: Maine Marijuana Climate Heating Up With New Proposals, Lawsuit
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Massachusetts Medical Cannabis Business & Marijuana Legal News
- Massachusetts Marijuana Advocates Decry ‘Nasty’ Bill That Would Severely Limit State’s MMJ Program
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Michigan Medical Cannabis Business & Marijuana Legal News
- Proposal Would Pave Way for Michigan Marijuana Dispensaries in MMJ-Friendly Cities
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Montana Medical Cannabis Business & Marijuana Legal News
- Update: Judge Puts Montana MMJ Restrictions on Ice Yet Again With Key Vote Looming
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New Jersey Medical Cannabis Business & Marijuana Legal News
- Massachusetts Cannabis Entrepreneurs Eagerly Awaiting Draft Rules on State MMJ Program
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New Mexico Medical Cannabis Business & Marijuana Legal News
- Food Stamp Applicants in 3 MMJ States No Longer Able to Deduct Medical Cannabis Costs
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Oregon Medical Cannabis Business & Marijuana Legal News
Rhode Island Medical Cannabis Business & Marijuana Legal News
- Rhode Island Welcomes First MMJ Center, Becomes 11th State in US With Dispensaries
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Vermont Medical Cannabis Business & Marijuana Legal News
- US Going Green? More Than a Dozen States Could Consider Marijuana Legalization Next Year
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Washington State Medical Cannabis Business & Marijuana Legal News
- Weekly Wrap-Up: WA or CO Better for Cannabis Entrepreneurs? + Another State Leans Toward MMJ
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Other Regions
- Week in Review: After Big Win in Nevada, All Eyes on New York Bill + Canada’s Cannabis Overhaul
- More MMJ news from other regions
