| MMJ Business Daily
archive,category,category-mmj-business-daily,category-173,ajax_fade,page_not_loaded,,vertical_menu_enabled,side_area_uncovered_from_content,qode-theme-ver-7.2,wpb-js-composer js-comp-ver-4.5.1,vc_responsive

MMJ Business Daily

18 Aug San Diego police continue crackdown on illegal dispensaries

San Diego police raided two illegal dispensaries as part of the city’s ongoing effort to shutter illicit marijuana businesses.

Authorities seized 30 pounds of marijuana and $37,000 from The Healing Center, City News Service reported, and four employees were arrested. The other facility,...

Read More

18 Aug Canadian stock exchange operator tries to clear air on cannabis stance

Canada’s cannabis industry and investors looking for clarity from TMX Group over its stance on MJ companies with U.S. assets will have to keep waiting.

TMX said in a news release Thursday it’s holding talks with Canada’s provincial and territorial securities regulators over the clearing of securities...

Read More

18 Aug Second Michigan recreational marijuana campaign gets OK

A second – and now competing – campaign to legalize recreational marijuana in Michigan has gotten the go-ahead from state officials to begin collecting signatures in a bid to make the 2018 ballot.

The campaign, Abrogate Prohibition Michigan, was approved...

Read More

18 Aug Southern University winnows list of medical cannabis vendors to three

Three Louisiana companies have been chosen as finalists to operate Southern University’s medical marijuana program.

Advanced Biomedics and Med Louisiana from Lafayette as well as Southern Roots Therapeutics from Baton Rouge are the three firms still in the running, the Baton Rouge Advocate...

Read More

18 Aug Week in Review: Maine rec cannabis launch delayed, Maryland MMJ grow licensees & DOJ vs. DEA

By John Schroyer and Bart Schaneman

The launch of Maine’s recreational marijuana industry is delayed, a deadline passes for Maryland’s licensed medical cannabis growers, and the Department of Justice nixes a DEA decision on MJ research.

Here’s a closer look at some notable developments in the marijuana...

Read More

17 Aug New Hampshire medical marijuana dispensaries prep for sales increase

New Hampshire’s four medical marijuana dispensaries are ramping up for an expected boost in both patient registrations and the resulting uptick in sales, thanks to new qualifying MMJ conditions that go into effect this month.

The state updated its MMJ...

Read More

17 Aug Judge says Nevada can expand pool for rec cannabis distribution

A judge cleared the way for Nevada to allow more businesses to transport cannabis from growers to stores in an effort to keep up with overwhelming demand since recreational marijuana sales began last month.

Carson City District Judge James Russell on Thursday lifted an order blocking...

Read More

17 Aug Vancouver MMJ dispensary to get its day in court – in a year

A date finally has been set for a British Columbia courtroom to hear a case involving the first of 53 injunctions Vancouver has filed against unlicensed medical marijuana dispensaries operating within the city.

Karuna Health Foundation will serve as a “test case” for the other...

Read More

17 Aug Several marijuana-related companies make Inc. 5,000 list

A handful of companies tied to the cannabis industry are among the fastest-growing private businesses in the United States, according to the annual Inc. 5,000 rankings.

Among the marijuana companies on the list, released this week by Inc. magazine:

  • Media and events company Marijuana Business Daily ranks No....

    Read More

17 Aug Report: Nevada distribution issues hurting recreational cannabis sales

The 50 dispensaries licensed to sell recreational marijuana in Nevada have experienced a 20%-30% decline in sales since an initial explosion of activity on July 1, according to a report by the Nevada Department of Taxation.

The tax department said the drop in sales stem...

Read More