August 12, 2013

Week in Review: Gupta Bombshell Big Boost for Cannabis Biz? + Latest Colorado MMJ Sales Data

Sure, the fact that Illinois and New Hampshire legalized medical marijuana this summer and dispensaries opened in a handful of states in recent months has generated a fair share of [click to continue...]

August 9, 2013

Hope on Horizon for Embattled New Jersey Medical Cannabis Industry as More Dispensaries Approved

New Jersey’s medical marijuana program has been a major disappointment from a business perspective so far. Despite having legalized cannabis for medical use back in 2009, just one dispensary has [click to continue...]

August 8, 2013

Michigan Town’s Cap on MMJ Businesses Reflects Larger Trend, Offers Takeaways

By most accounts, the small Michigan town of Ypsilanti has been a relatively welcoming place for medical marijuana entrepreneurs. Local voters backed MMJ legalization by a ratio of nearly 5-to-1 [click to continue...]

August 7, 2013

Guest Column: Due Diligence Important When Starting Cannabis Concentrates Product Line

By Andy Joseph Medical marijuana is quickly transitioning into a mainstream industry, as evidenced by the growing acceptance of MMJ across the country and the passage of favorable cannabis laws [click to continue...]

August 6, 2013

Colorado Medical Marijuana Dispensary Sales Soar to Estimated $300M Despite Consolidation

Annual medical marijuana sales in Colorado have surged over the past year and are now hovering around $300 million, a huge increase that highlights the industry’s growth despite a wave [click to continue...]

August 5, 2013

Week in Review: Cannabis Industry Marches Across Nation + Another Entrepreneur With Grand Plans

The last eight months have been remarkable for the medical marijuana industry, at least when it comes to dispensaries launching in new areas. Four states – Arizona, New Jersey, Rhode [click to continue...]

August 2, 2013

6 Questions for Privateer Holdings CEO Brendan Kennedy on the Current Investment Climate

Ancillary cannabis startups received some good news on the funding front last month when Seattle-based Privateer Holdings announced that it closed a $7 million round of funding. The private equity [click to continue...]

August 1, 2013

Court Ruling Gives Some AZ Dispensaries Reprieve, But More Uncertainty & Delays Ahead

The medical marijuana industry in Arizona has scored another victory in the courtroom that will have positive repercussions for some cannabis entrepreneurs, at least in the near term. A county [click to continue...]

August 1, 2013

Update: Illinois Governor Signs MMJ Bill, Creating Hundreds of Business Opportunities

Note: This is an updated version of a story that first ran Wednesday Welcome to the medical marijuana club, Illinois. State Gov. Pat Quinn (pictured) signed a medical cannabis bill [click to continue...]

July 30, 2013

First 3 Washington DC Marijuana Dispensaries Open, But Initial Market Size is Miniscule

The first dispensaries have finally opened their doors in the nation’s capital, jump-starting a new MMJ market and representing a symbolic step forward for an industry that is still deemed [click to continue...]

July 29, 2013

Week in Review: Raids Renew Crackdown Fears + Hefty Interest Rates the Norm for MMJ Industry

Just when you thought the federal crackdown on medical marijuana had become a thing of the past, the government launches one of its largest coordinated raids so far this year. [click to continue...]

July 26, 2013

Private Investors Charging 25% Interest Rate to New Jersey MMJ Dispensary

William Thomas, CEO of Compassionate Care Foundation, reports that he was able to raise $1.5 million from private investors to fund a dispensary and cultivation center scheduled to open this [click to continue...]

Colorado Earmarks $8 Million for MMJ Research

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The Colorado Department of Health and Environment will devote serious money to studying the efficacy [click to continue...]

PayPal Co-Founder to Invest in Cannabis

PayPal co-founder and early Facebook investor Peter Thiel plans to pump money into the marijuana [click to continue...]

Anchorage Shoots Down Proposed Ban on Rec Sales

Alaska’s budding marijuana industry scored a significant victory Tuesday night when lawmakers killed a proposal [click to continue...]

MMJ Lounges Popping Up in Maine

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A new trend in Maine offers yet another possible offshoot business opportunity in the cannabis [click to continue...]

Hope for DC Rec Market Still Alive

It looks like hope may still be alive for a recreational marijuana market in Washington [click to continue...]

Cannabis Business Accelerator to Help 20 Startups

Startup companies focusing on the ancillary cannabis market will get a helping hand – and [click to continue...]

Ruling on Home Grows a Setback for Canadian Cultivation Companies

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A Canadian federal appeals court unanimously upheld an injunction that lets patients continue growing medical [click to continue...]

Questions Over Marijuana Sales on Native American Lands

Following news that the federal government will essentially allow Native American tribes to grow and [click to continue...]

Tommy Chong Wants to Create Cannabis Business Brand

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Tommy Chong served as a poster child for the marijuana movement back in the 1970s, [click to continue...]

PharmaCan IPO Indication of Interest in Canadian MMJ

Canadian medical marijuana holding and investing company PharmaCan Capital is scheduled to go public next [click to continue...]

Delaware Dispensary Set for April Opening

Delaware’s first – and only – dispensary is on track to open in the spring [click to continue...]

Former Hillary Clinton Staffer Seeking Illinois MMJ License

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Watching who’s getting into the marijuana industry is like playing six degrees of separation – [click to continue...]

Florida CBD Regs May Come Out Monday

Rules governing the cultivation and sale of cannabis-based CBD medications in Florida could be out [click to continue...]

Stricter Ad Restrictions for Canadian MMJ Producers on Tap

Canadian medical marijuana suppliers won’t be able to tell their customers what different strains smell [click to continue...]