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...]

San Diego’s 1st Legal Dispensary Prepares for Liftoff

San Diego 2

After waiting more than three months for an answer, David Blair finally got the good [click to continue...]

Increased Demand for Organic Cannabis in SF

Growers and dispensaries in San Francisco are seeing a spike in demand for organic cannabis [click to continue...]

Super Bowl a Boon for Washington MMJ Business

A cannabis company in Washington State is capitalizing on the Super Bowl in a big [click to continue...]

CO Rec Stores Unloading Edibles Inventory

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In advance of new regulations for infused products in Colorado, many recreational stores in the [click to continue...]

AG Nominee Opposed to Cannabis Legalization

Cannabis businesses may face obstacles if Loretta Lynch is confirmed as the next U.S. attorney [click to continue...]

SEC Gives Green Light to Marijuana Company’s Stock Registration

The U.S. Securities and Exchange Commission has approved a share registration by a company that [click to continue...]

Pennsylvania MMJ Efforts Get Big Boost from Governor

TomWolf

The chances that Pennsylvania could become one of the next states to legalize medical marijuana [click to continue...]

Prominent Investment Firm Pumps Money Into Cannabis Tech Company

Another mainstream investment firm is hoping to cash in on the cannabis industry. Tao Capital [click to continue...]

Plan to Open 1st Alaska ‘Dispensary’ Draws Criticism

The former TV reporter who generated controversy last fall when she quit her job on-air [click to continue...]

MBank Nixes Services for Colorado MJ Companies

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Well that was quick. MBank, the Oregon-based financial institution that recently announced it would begin [click to continue...]

Florida Republican Files Proposal to Legalize Medical Marijuana

Entrepreneurs continuing the fight for medical marijuana in Florida have found an ally in Republican [click to continue...]

California Tribe Inks MMJ Deal

It’s official: Native Americans are getting into the marijuana industry. The Pinoleville Pomo Nation announced [click to continue...]

Former Illinois Gov’s List of License Finalists Revealed

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Former Illinois Gov. Pat Quinn, who left office earlier this month without granting medical marijuana [click to continue...]

1,600+ Applicants for 10 Rec Licenses in Colorado County

How popular is the marijuana business in Colorado? Here’s one indication: A single county that [click to continue...]