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Hemp State Highlight: Minnesota embraces revived hemp crop, but profits elusive

Ever wondered why the U.S. hemp harvest is so tiny despite the crop’s adaptability and market potential?

Minnesota is a great place to find some answers.

The North Star State has allowed modern hemp production since 2016 and has flexible rules on how the crop can be used.

Hemp State Highlight: Minnesota embraces revived hemp crop, but profits elusive is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Thailand considering steps to become ‘medical marijuana hub’

A proposed revision to Thailand’s notoriously strict narcotics law would ultimately permit the cultivation and use of medical cannabis across the Asian country. The draft text – completed in late 2017 and currently under review by the Office of the Council of State – would have to be sent to the nation’s Cabinet for approval. […]

Thailand considering steps to become ‘medical marijuana hub’ is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


First Louisiana medical marijuana pharmacy targets September opening

The first medical cannabis sale in Louisiana could take place by the end of summer. That’s the proposed timeline for the opening of an MMJ pharmacy in the southern state, slightly two years after Gov. John Bel Edwards signed into law a new but very restrictive medical cannabis program. The pharmacy, Rx Greenhouse, obtained preliminary […]

First Louisiana medical marijuana pharmacy targets September opening is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Trump administration cautions against hemp expansion

The Trump administration doesn’t want to see hemp expanded nationwide in the next Farm Bill because of concerns about overproduction, an official said Wednesday. Greg Ibach, undersecretary for the U.S. Department of Agriculture, said current hemp regulations are “fairly narrow” and that the Trump administration doesn’t necessarily want to see that change when the Farm […]

Trump administration cautions against hemp expansion is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


California initiates enforcement against approximately 500 unlicensed marijuana businesses

Less than two months after California’s legal cannabis industry launched on New Year’s Day, state officials are starting to target hundreds of marijuana companies that are operating illegally without a license. The state’s Bureau of Cannabis Control has sent out about 500 cease-and-desist letters to companies that are doing business but haven’t begun the application […]

California initiates enforcement against approximately 500 unlicensed marijuana businesses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


New lawsuit filed over Ohio cannabis cultivation licenses

Six companies that lost out in November when Ohio awarded 24 medical marijuana cultivation permits have filed suit against the state’s Department of Commerce over what they allege was a “flawed scoring process.” According to The (Cleveland) Plain Dealer, the six plaintiff companies are asking a judge to prevent the state from granting 12 large-scale […]

New lawsuit filed over Ohio cannabis cultivation licenses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Massachusetts fears medical marijuana shortage once adult-use sales launch

Massachusetts’ medical marijuana industry is worried the MMJ supply will dry up once the state begins legal recreational sales in July. According to Masslive.com, industry analysts are convinced there won’t be enough cannabis to support both markets, citing supply problems in other states that added adult-use programs, including Nevada and Washington. Industry watchers believe it will […]

Massachusetts fears medical marijuana shortage once adult-use sales launch is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Candy & cannabis: Hershey’s renews trademark legal disputes for marijuana businesses

Cannabis businesses, beware: The Hershey Co. is on the warpath. Perhaps the most famous confectionery peddler in the world has a well-documented history of actively protecting its trademarks, and the marijuana industry is no exception. Although Hershey’s has been relatively quiet in the marijuana sector since it sued two cannabis businesses in 2014, the company seemingly ramped […]

Candy & cannabis: Hershey’s renews trademark legal disputes for marijuana businesses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs