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...]

April 23, 2013

Cannabinoid Research Firm Cannabis Science, Inc. Could Go Under

By Anne Holland  [Updated as of 4/25/12]  According to its annual 2012 report filed today, Cannabis Science, Inc. (PINK:CBIS), may be in danger of shutting its doors. The company’s Form [click to continue...]

April 23, 2013

Two More Massachusetts Towns Considering Cannabis Dispensary Moratoriums as DPH Regulations Are Readied

By Anne Holland The Massachusetts towns of Natick (pop. 33k) and Marlborough (pop. 38k) are both considering joining several other cities in implementing moratoriums or outright bans on cannabis dispensaries. [click to continue...]

April 22, 2013

Weekly Wrapup: 5 Cannabis Business Takeaways From Denver 4/20 Events

Last week, we wrote about how some medical marijuana companies in Colorado decided to target the recreational crowd for the first time on 4/20 in light of cannabis legalization, seeing [click to continue...]

April 19, 2013

Rhode Island Welcomes First MMJ Center, Becomes 11th State in US With Dispensaries

The first medical marijuana center in Rhode Island opened its doors today, ushering in a new era for the state’s fledgling MMJ industry after lengthy delays raised doubts about its [click to continue...]

April 18, 2013

Fate of San Diego Dispensaries, Local MMJ Industry on the Line as City Council Debates Ordinance

The San Diego medical marijuana community is holding its collective breath as the city considers legal changes that would pave the way for dispensaries and lead to a revival of [click to continue...]

April 17, 2013

Cannabis Legislation Roundup: Marijuana Measures Advance in Illinois, Nevada, NY & Other States

Marijuana is dominating headlines across the nation, with an increasing number of states introducing legislation or making headway on cannabis-related measures and federal lawmakers getting behind the cause as well. [click to continue...]

April 16, 2013

Some Colorado MMJ Companies Target 4/20 Crowd for 1st Time, But Potential Downsides Exist

By Chris Walsh On April 19, rapper-turned-rastafarian Snoop Lion will saunter onto a stage ensconced in marijuana smoke at the Filmore Auditorium in Denver to promote the debut of his [click to continue...]

April 15, 2013

Cheryl Shuman: Top 12 Cannabis Marketing Tips for Facebook Success

By Cheryl Shuman If you want your customers (and fans) to be more engaged with your dispensary, infused products company or other cannabis-related brand on Facebook, the answer is simple: [click to continue...]

April 15, 2013

Weekly Wrapup: Where Does Your Dispensary Rank Financially? + Green Rush in Massachusetts

If you want to start a dispensary, you’re likely wondering how much money you can expect to bring in each year. And if you already own a medical marijuana center, [click to continue...]

April 12, 2013

Medical Marijuana Inc.’s Revenues, Profits Continue to Soar as Company Seeks NYSE Listing

Medical Marijuana Inc. is quickly becoming one of the most promising publicly traded companies in the cannabis industry, posting record revenues and profits on a consistent basis and moving forward [click to continue...]

April 11, 2013

Significant Interest in Starting MA Cannabis Dispensaries Despite Onerous Regulatory Proposals

Massachusetts marijuana entrepreneurs collectively groaned last month when the health department released draft regulations on the emerging medical cannabis industry. Under the proposed rules, applicants for dispensary permits would not [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

dispensarybankaccount

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

illinoismedicalmarijuana

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...]

Report: Cannabis Sales Rise 74% in 2014

Medical and recreational marijuana sales jumped 74% last year to hit $2.7 billion compared with [click to continue...]

Social Media, App Sites Take Hard Line Against Cannabis Businesses

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Fearing legal repercussions if their users break the law, Instagram and Apple’s App Store are [click to continue...]

MMJ Bill Introduced in Nebraska, Despite Interstate Cannabis Lawsuit

How’s this for irony: A lawmaker has introduced a bill to legalize medical cannabis in [click to continue...]

3rd Annual Marijuana Business & Investor Survey Underway

Marijuana Business Media has launched its annual survey of cannabis professionals to gather key financial, [click to continue...]

WA Lawmakers Weigh Rec Tax Change

cannabis taxes

Washington State recreational marijuana shops have been struggling underneath a heavy tax burden, but state [click to continue...]

Union: New Jersey Dispensary Engaging in Unfair Labor Practices

A New Jersey union has filed a grievance alleging unfair labor practices against a dispensary [click to continue...]