Marijuana Business Daily A leading source of financial, legal and other business news for the cannabis industry
Key business lessons from Sweet Leaf’s loss of...
by Jeff Smith on July 18, 2018 at 12:30 pm
Earlier this month, Denver stripped Sweet Leaf of all 26 of its city-issued marijuana licenses for what authorities characterized as a management-directed illegal sales “looping” scheme […]
Ontario Cannabis Store head reassigned as clock...
by Matt Lamers on July 18, 2018 at 12:00 pm
The monopoly retailer for Canada’s largest marijuana market is without a permanent leader, with the first sales of legal recreational cannabis just 91 days away. Nancy Kennedy, who was chosen […]
Some preventive medicine can save marijuana...
by Kevin Huhn on July 18, 2018 at 10:30 am
Worried about the fallout from marijuana that doesn't meet state requirements? Simply taking preventive measures such as investments in infrastructure and increased vigilance in cultivation […]
First seven Michigan medical cannabis licensees...
by John Schroyer on July 17, 2018 at 10:42 pm
The first seven Michigan businesses won business permits just last week, but now they find themselves in regulatory limbo, unable to fully comply with the law and also serve patients. […]
Florida to expand sizzling medical marijuana...
by Jeff Smith on July 17, 2018 at 7:58 pm
Florida’s $200 million medical cannabis industry has spurred the state to issue an additional four “medical marijuana treatment center” licenses. The state health department expects […]
Medical cannabis firm Green Thumb raising $60...
by Matt Lamers on July 17, 2018 at 4:07 pm
Illinois-based Green Thumb Industries is planning to expand in New York and Ohio after it closes a $60 million stock-purchase deal through its Canadian-listed shares. Under the bought-deal […]
Electric utilities work with cannabis growers to...
by Omar Sacirbey on July 17, 2018 at 10:30 am
Despite knowing for years that electricity is a major expense that can significantly affect everyone’s bottom line, marijuana businesses – especially growers – are still struggling […]
New Jersey looks to double medical marijuana...
by Omar Sacirbey on July 16, 2018 at 4:07 pm
With patient numbers surging and supply problems escalating in New Jersey, Gov. Phil Murphy’s administration is expected to call for six more medical cannabis providers to serve the state. That […]
Canada’s C21 Investments acquires Nevada...
by Jeff Smith on July 16, 2018 at 4:00 pm
Canada-based C21 Investments is expanding into the Nevada marijuana market through an acquisition of Silver State Relief and Silver State Cultivation, a deal that’s valued at more than $50 […]
Canadian marijuana companies raise record cash...
by Matt Lamers on July 16, 2018 at 2:44 pm
Canadian cannabis raised more than 3 billion Canadian dollars ($2.2 billion) in the first half of 2018 as the industry scales to meet expected demand. Canadian marijuana companies raise record […]