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...]

May 8, 2013

Dispensary Raids, Warning Letters Stoke Fears of Renewed Crackdown on Cannabis Businesses

Raids. Civil forfeiture notices. Warning letters. The headlines coming out of California and Washington State over the past few weeks conjure up memories of last spring, when the medical marijuana [click to continue...]

May 7, 2013

Fallout From CA Ruling: More Dispensary Bans, Uncertainty…and Pressure for Statewide Regs

The California Supreme Court’s landmark ruling yesterday allowing cities to outlaw cannabis dispensaries leaves the local medical marijuana industry in disarray, ensuring that a confusing patchwork of bans continues to [click to continue...]

May 6, 2013

Weekly Wrapup: Medical Cannabis Funding Climate Improving Amid New Deals, Developments

The medical marijuana industry may have finally turned a corner on the financing front, as evidenced by two important developments last week: #1. Five ancillary cannabis companies received a combined [click to continue...]

May 3, 2013

Medical Marijuana Inc. on the Defensive After Outside Criticism Sets Shareholders on Edge

One of the more prominent publicly traded cannabis companies has come under fire recently in blogs and stock message boards for its financial accounting methods and other issues, spooking investors [click to continue...]

May 2, 2013

Angel Investors to Pump $1 Million into 5 Cannabis Startups as Marijuana Investment Activity Picks Up

Five startup cannabis firms have received commitments for a combined $1 million in financing from angel investors, providing yet another indication that the investment climate is improving as marijuana gains [click to continue...]

May 1, 2013

Massachusetts Marijuana Advocates Decry ‘Nasty’ Bill That Would Severely Limit State’s MMJ Program

Massachusetts lawmakers are set to begin debating a bill that would cap the number of dispensaries in the state to just 10, set a nonrefundable application fee of at least [click to continue...]

April 30, 2013

Private Equity Firm Offering $250 Million in Cash Advances to Marijuana Businesses

By Anne Holland [Updated 5/2/13] Another crack has appeared in the wall of financial services firms refusing to do business with the cannabis industry. A financial firm based in Delaware [click to continue...]

April 29, 2013

Weekly Wrapup: MMJ Dispensary Progress Hits ‘Yellow Lights’ in CA, MD, IL and CT

By Anne Holland    In the week after federal authorities moved against all 63 marijuana retailers in Santa Ana CA, politicians across the US struggled to define local MMJ regulations in [click to continue...]

April 26, 2013

83% of Existing Medical Marijuana Businesses Were Funded by Founders’ Own Wallets

By Anne Holland   As new-to-dispensaries states such as Massachusetts and Connecticut propose requiring dispensary founders to fund huge escrow accounts ($500k for MA and $2 million for CT), in addition [click to continue...]

April 25, 2013

Exclusive: Cannabis Clone Business Data & Insights from a Top CA Nursery

By Anne Holland   A top executive from Dark Heart Nursery, one of the largest medical cannabis clone nurseries in the San Francisco Bay Area, has revealed strain sales data and [click to continue...]

April 24, 2013

AZ’s MMJ Dispensary Revenues Projected to Reach $440 Million by 2016

By Anne Holland According to an economic impact study of the nascent AZ MMJ dispensary industry, retail sales of medical cannabis in the state could grow to as much as $440 [click to continue...]

Seattle Dispensary Plan May Be Scrapped

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Seattle medical marijuana businesses may not be able to get local licenses after all, as [click to continue...]

Michigan MMJ Bills Sputter, Leaving Industry in Limbo

Michigan sheriffs reportedly helped kill legislation on Thursday that would have allowed the legal return [click to continue...]

New York MMJ Regs: $200,000 Licensing Fee, Strain Limit

Medical cannabis companies hoping to operate in New York will have to jump through several [click to continue...]

Nebraska, Oklahoma Ask Supreme Court to Nix Colorado Marijuana Law

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Nebraska and Oklahoma have filed a lawsuit with the U.S. Supreme Court to overturn Colorado’s [click to continue...]

Joint-Smoking Santa Display Backfires for LA Dispensary

In a lesson on how not to advertise your medical marijuana business, a dispensary in [click to continue...]

Key Michigan MMJ Bills Come Down to the Wire

Michigan medical cannabis issues, pot dispensary updates, news about marijuana by state

The future of dispensaries in Michigan hangs in the balance as police groups and public [click to continue...]

High Prices Could Limit Minnesota Medical Cannabis Market

Minnesota’s medical marijuana market could be smaller than expected, as patients will reportedly have to [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...]