April 8, 2013

Weekly Wrapup: Roller Coaster Ride for Marijuana Investors + Cannabis Crowdfunding

Investors who own cannabis-related stocks have been on quite a ride in 2013. As we reported last week, most publicly traded companies with ties to the marijuana industry saw their [click to read more...]

April 5, 2013

Crowdfunding Site to Provide New Financing Option for Cannabis Startups, Marijuana Projects

By Chris Walsh Raising money is an extraordinarily difficult task in the medical cannabis industry, a fact most entrepreneurs learn rather quickly when trying to get a marijuana-related business off [click to read more...]

April 4, 2013

Dispensary’s Texts to 10-Year-Old Highlight Need for Marketing Caution in Cannabis Industry

What’s the quickest way to damage the medical marijuana industry’s already-fragile credibility? Send two dozen text messages to a 10-year-old boy advertising “pure dank” and $2 off all edibles at [click to read more...]

April 3, 2013

Medical Marijuana Legislation Off the Table in West Virginia, Stalls in Florida

And another two bite the dust. A proposal to legalize medical cannabis in West Virginia stalled in the House this week, while a similar measure in Florida appears dead in [click to read more...]

April 2, 2013

Cannabis Stocks Start First Quarter With a Bang, End With a Fizzle as Hype Subsides

Most publicly traded cannabis companies got off to an impressive start in 2013, posting steady gains in January and then soaring to 52-week highs in February when hype over the [click to read more...]

April 1, 2013

Sen. Diane Savino: NY Medical Marijuana Bill Benefits Businesses, Patients & Taxpayers

By Diane Savino New York is well on its way to becoming the nineteenth state to pass and adopt medical marijuana legislation. Last week, my co-sponsor Dick Gottfried and I [click to read more...]

April 1, 2013

Weekly Wrapup: Fallout From Colorado Medical Cannabis Audit + MA Reveals Extensive Regs

Over the past few months, Colorado has made significant progress drafting potential rules and regulations covering the budding recreational cannabis industry, an impressive feat considering the task at hand. But [click to read more...]

March 29, 2013

Draft MA Medical Marijuana Rules: High Barriers to Entry, But Opportunities for Out-of-State Players

Entrepreneurs who want to open a dispensary in Massachusetts would need to have significant financial resources  – including $500,000 in an escrow account – and submit detailed plans covering everything [click to read more...]

March 28, 2013

Cannabis Legislative Roundup: Marijuana Momentum Building in Several States

March has been a particularly good month for the marijuana movement, with cannabis legislation making sizable gains across the country. It now appears that several states have a realistic shot [click to read more...]

March 27, 2013

Audit Could Lead to Increased Oversight of Medical Cannabis Industry in Colorado, Other Changes

Lawmakers across the country often hold up Colorado’s medical marijuana program as a model for the rest of the nation, lauding the state’s comprehensive set of rules and regulations on [click to read more...]

March 26, 2013

1st AZ Dispensaries, Generating Millions of Dollars in Revenues, Brace for More Competition

For many businesses, it takes years to grow revenues beyond six figures and climb into the black. But some of the first dispensaries to open in Arizona have already managed [click to read more...]

March 25, 2013

Weekly Wrapup: Marijuana Market Numbers + Puzzling Choice for WA Cannabis Consultant?

By Chris Walsh Medical cannabis is often portrayed as one of the fastest-growing businesses in the United States, an industry experiencing exponential growth as it churns out overnight millionaires at [click to read more...]

Cannabis Firm Buys 3 Buildings in Florida

The publicly traded firm Cannabis RX has acquired three commercial buildings in Florida that it [click to read more...]

Lack of Testing Oversight in Oregon Raises Concerns

Dispensary owners in Oregon are concerned that the state’s lack of oversight on testing labs [click to read more...]

Lottery for Rec Licenses Underway in Washington

Washington State is holding a lottery this week to determine who can sell recreational cannabis [click to read more...]

Updated Illinois MMJ Rules Could Increase Market Size

Illinois has issued revised draft rules for the medical marijuana industry, easing up on regulations [click to read more...]

Privateer Holdings Expects to Raise $50M

Privateer Holdings, one of the largest private equity firms in the cannabis industry, is reportedly [click to read more...]

WeedMaps Ad Pulled From Times Square

Online dispensary directory WeedMaps recently purchased electronic billboard space in New York City’s Times Square, [click to read more...]

Wisconsin Legalizes CBD Oils, But Questions Remain

Wisconsin has become the latest state to legalize cannabidiol extracts, joining Utah and Kentucky in [click to read more...]

More Oversight on Rhode Island MMJ Industry Urged

A marijuana working group in Rhode Island is lobbying for greater oversight of the state’s [click to read more...]

Nevada MMJ Businesses Scramble to Meet Application Deadline

Prospective medical marijuana business owners in unincorporated areas of Nevada’s largest county are making a [click to read more...]

Boston Dispensary Told to ‘Go Away’

A medical marijuana dispensary looking to set up shop in Boston can’t seem to win [click to read more...]

CO Seeks to Shut Down Raided Dispensaries

Colorado regulators recently moved to shut down four dispensaries that were targeted during a high-profile [click to read more...]

DOJ Chief ‘Cautiously Optimistic’ About Rec Cannabis Programs

The nation’s top law enforcement official said he is encouraged by Colorado and Washington State’s [click to read more...]

70+ Oregon Cities Temporarily Ban Dispensaries

More than 70 municipalities in Oregon have implemented moratoriums on medical cannabis dispensaries, limiting businesses [click to read more...]

CA Marijuana Cultivators Urged to Cut Water Use

Legal and illegal marijuana cultivators in Northern California could be draining valuable water from the [click to read more...]