Massachusetts advances recreational cannabis diversity plan

Massachusetts regulators have approved a draft proposal that would give priority review in the recreational marijuana licensing process to business applicants from economically disadvantaged communities. The state’s Cannabis Control Commission will vote next week to finalize those and a slew of other regulations the group has been working on in recent weeks. Adult-use license applicants […]

Massachusetts advances recreational cannabis diversity plan is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Marijuana entrepreneurs already lining up for New Jersey’s looming recreational market

New Jersey can’t even begin the recreational cannabis legalization process until mid-January, but marijuana entrepreneurs across the country are descending on the Garden State in hopes of getting a first-mover’s advantage in what could become one of the most buoyant markets on the East Coast. Indeed, many marijuana businesses already have a presence in New Jersey, […]

Marijuana entrepreneurs already lining up for New Jersey’s looming recreational market is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


San Francisco cannabis report: Consumption to spike, prices to plummet

The amount of legal marijuana consumed in San Francisco could triple – to 30 million grams per year – after California’s recreational market launches in January, but cannabis prices will fall “dramatically,” according to a new report. A draft tax report compiled by the City Controller’s office showed that once recreational sales begin, total regulated […]

San Francisco cannabis report: Consumption to spike, prices to plummet is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Marijuana consultant fights disqualification in Ohio because of felony conviction

Some Ohio lawmakers and one of the state’s medical cannabis companies are seeking a review of how MMJ cultivation business license applications were scored after it was revealed a judge had a felony drug conviction. Trevor Bozeman – who works as a lab manager and researcher at Canuvo, a vertically integrated dispensary in Biddeford, Maine – won […]

Marijuana consultant fights disqualification in Ohio because of felony conviction is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Neo-Nazi charges spur Oregon marijuana lab executive’s exit

The founder and executive director of a state-licensed cannabis testing lab in Eugene, Oregon, is stepping down amid allegations she is a neo-Nazi supporter. Bethany Sherman also plans to sell the OG Analytical testing lab she founded in 2013, according to The Oregonian. Her actions follow allegations by a local Antifa group that she and Matthew L. […]

Neo-Nazi charges spur Oregon marijuana lab executive’s exit is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Marijuana real estate company files for $100 million raise

A San Diego-based real estate company that caters to medical cannabis cultivators has filed paperwork with the Securities and Exchange Commission disclosing plans to raise $100 million. If successful, Innovative Industrial Properties’ raise would be one of the larger funding efforts for a U.S. cannabis business. The company – which began listing as IIPR on the New […]

Marijuana real estate company files for $100 million raise is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Week in Review: New Jersey rec MJ legalization, Indiana hemp chaos & cannabis + wine

New Jersey’s governor appoints a marijuana advocate to a key position, Indiana hemp retailers are ordered to remove CBD products from their shelves, and an Oregon judge allows a vineyard’s lawsuit against a planned cannabis grow to continue. Here’s a closer look at some notable developments in the marijuana industry over the past week. Keeping […]

Week in Review: New Jersey rec MJ legalization, Indiana hemp chaos & cannabis + wine is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Denver credit union continues marijuana banking crusade with new lawsuit, strategy

A Denver credit union – once on the cusp of revolutionizing banking for marijuana businesses before being thwarted by the Federal Reserve Bank of Kansas City – has resumed its quest to open. But going into the new year, The Fourth Corner Credit Union – a state-chartered credit union in Denver – again finds itself […]

Denver credit union continues marijuana banking crusade with new lawsuit, strategy is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Florida’s medical marijuana program enlists help for patient ID card production

In an effort to get medical marijuana into consumer hands quicker, Florida’s health department has awarded a third-party contract to produce the state’s MMJ identification cards. State regulators have fallen behind because of a flood of MMJ registrations over the past eight months. The $7.9 million contract went to Jacksonville-based Veritec Solutions, a subsidiary of […]

Florida’s medical marijuana program enlists help for patient ID card production is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Florida’s medical marijuana program enlists help for patient ID card production

In an effort to get medical marijuana into consumer hands quicker, Florida’s health department has awarded a third-party contract to produce the state’s MMJ identification cards. State regulators have fallen behind because of a flood of MMJ registrations over the past eight months. The $7.9 million contract went to Jacksonville-based Veritec Solutions, a subsidiary of […]

Florida’s medical marijuana program enlists help for patient ID card production is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs