May 22, 2013

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 continue...]

May 21, 2013

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 continue...]

May 20, 2013

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 continue...]

May 17, 2013

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 continue...]

May 17, 2013

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 continue...]

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 continue...]

May 15, 2013

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 continue...]

May 14, 2013

Credit Card Companies Barring Dispensary Owners From Opening Accounts for Other Businesses

Dispensary owners affected by credit card companies’ moves to cut ties with the medical marijuana industry in recent years could find it exceedingly difficult to open merchant accounts for other [click to continue...]

May 13, 2013

Weekly Wrap-Up: 100s of California Dispensaries to Close? + Final Marijuana Regulations in Colorado

If it isn’t one thing for California’s medical marijuana industry, it’s another. The MMJ business climate in the state is as turbulent as it gets, with dispensaries and related businesses [click to continue...]

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 continue...]

May 9, 2013

Top 20 Business-Related Aspects of Colorado’s Recreational Marijuana Regulations

Colorado entered the cannabis history books yet again yesterday, becoming the first state in the nation to officially pass regulations covering the cultivation and sale of marijuana for adult use. [click to continue...]

May 9, 2013

Rob Hunt: Massachusetts Dispensary Regulations Will Create Shotgun Marriages, Boost Risk

By Robert E. Hunt So you want to open a medical marijuana dispensary in Massachusetts? Before you go any further, you may want to examine what you’re up against. The [click to continue...]

Oregon Recreational Marijuana Bill Approved for Ballot

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Oregon voters will get another shot at legalizing recreational marijuana. The state announced today that [click to continue...]

Infused Products, Extracts Guidelines Released

The American Herbal Products Association (AHPA) released business guidelines today tied to the manufacturing, packaging, [click to continue...]

Bid to Overturn San Jose MMJ Regs Falls Short

A last-ditch effort to block restrictive regulations on medical cannabis businesses in San Jose, California, [click to continue...]

IL Hospital Voices Interest in Dispensing Marijuana

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A hospital in Chicago has gone public with its desire to dispense medical cannabis. Executives [click to continue...]

VT Moves Forward With Marijuana Legalization Study

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Rand Corp. is set to begin a study on the possible impacts of marijuana legislation [click to continue...]

Illinois Expands MMJ Program

Illinois Gov. Pat Quinn has signed legislation expanding the list of qualifying conditions for the [click to continue...]

Cheeba Chews Returns to Colorado Market

Cheeba Chews is back in business. The Colorado-based company – which makes a popular line [click to continue...]

WA Product Shortages Could Last Months

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When will Washington State’s recreational marijuana industry have enough product to satisfy demand? One cultivator [click to continue...]

Denver Issues Edibles Recall, Despite Lack of Illness

Products from the popular Colorado edibles brand At Home Baked are being removed from store [click to continue...]

Vegas Suburb Proves Popular With Dispensary Hopefuls

The Las Vegas suburb of Henderson received 28 applications for medical marijuana business licenses by [click to continue...]

New Mexico Abandons Some Proposed Rule Changes

New Mexico’s marijuana community has scored a minor regulatory victory. The state’s health department is [click to continue...]

Washington OKs Marijuana Cookies, Nixes Candies

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Retail marijuana shops in Washington State can sell cannabis cookies, brownies and other baked goods, [click to continue...]

70% of Canadians Support Marijuana Legalization, Decrim

Canadians overwhelmingly favor loosening the country’s cannabis laws, according to a poll commissioned by the [click to continue...]

Canadian Cannabis Company Buys Huge Facility for $13M

A prospective medical marijuana company in Canada has purchased a 300,000-square-foot facility for roughly $13 [click to continue...]