CannaGrowth.com | MMJ Business Daily
173
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

30 Mar Michigan orders 210 medical marijuana businesses to close

Michigan regulators said Thursday that they ordered the closure of 210 medical marijuana businesses over a two-week period, largely because their owners failed to apply for a state license by a mid-February deadline or did not receive authorization fro...

Read More

30 Mar Week in Review: California-Canada union, New Jersey’s MMJ expansion & a GOP thumbs-up for hemp

A Canadian cannabis business buys three California MJ companies, New Jersey expands its medical marijuana program, and a key Republican goes to bat for industrial hemp. Here’s a closer look at some notable developments in the marijuana industry over th...

Read More

29 Mar Ohio company wins contract to build Alberta’s cannabis website

An Ohio company has been selected to develop Alberta’s online platform for recreational cannabis sales. OnX Enterprise Solutions, headquartered in Cincinnati, will be responsible for building and managing the platform for three years, with options to e...

Read More

29 Mar Two successful applicants ask AR judge to lift order stopping medical marijuana licensing

Two of five companies that were slated to receive Arkansas’ first licenses to grow medical marijuana asked a state judge to lift his order halting the permitting process. Natural State Wellness Enterprises and Delta Medical Cannabis Company filed...

Read More

29 Mar German court hits brakes on medical cannabis cultivation plan

A German court slammed the brakes on the country’s plan to grant contracts to cultivate medical marijuana, giving international exporters an even bigger head start over domestic production as the country struggles to meet MMJ demand. A representative f...

Read More

29 Mar Canadian firm acquires three California marijuana companies

A publicly traded Canadian cannabis company announced Wednesday that it has acquired three California businesses, including a major distributor that generated over $25 million in revenue last year. Ottawa, Ontario-based CannaRoyalty Corp. acquired: RVR...

Read More

29 Mar Could IRS policy change strip marijuana trade associations of tax exemption?

The Internal Revenue Service issued a 280-page policy update in January, and buried deep inside is what appears to be a ban on future nonprofit organizations that lobby on behalf of the marijuana industry. That could make life a lot harder for advocacy...

Read More

28 Mar Rhode Island dispensary offers state $5 million to restrict medical marijuana competitors

The owner of Rhode Island’s largest medical marijuana dispensary has suggested giving the state $5 million to keep regulators from expanding the MMJ program. According to the Providence Journal, a representative of the Thomas C. Slater Compassion...

Read More

28 Mar Vermont hemp processor wins partial victory in crop dispute

A Vermont hemp processor accused of stealing a contract farmer’s hemp crop won’t be held personally liable for any missing profits. A civil judge dismissed the personal liability case against Vermont Hemp Co. CEO Joel Bedard, according to H...

Read More

28 Mar Medical marijuana likely will make November ballot in Utah

All signs point to medical marijuana being added to the November ballot in Utah. Roughly 160,000 signatures have been gathered in support of an MMJ ballot initiative, and around 120,000 signatures have been verified by county clerks, Salt Lake City TV ...

Read More