WA Readies for Bumpy Ride as State’s Medical, Rec Markets Merge

Omar Sacirbey  | June 29, 2016

By Omar Sacirbey

Washington’s cannabis industry is bracing for a July 1 deadline when unlicensed dispensaries must close under a new law that rolls the state’s medical marijuana program into its recreational program.

Some industry officials warn the MMJ sector will be decimated. But most industry observers reckon the state will fix the kinks.  

Omar Sacirbey  |
June 29, 2016

Marijuana Stigma Receding Among Some Big Companies

Omar Sacirbey  | June 28, 2016

By Omar Sacirbey

The giants of American business are getting more comfortable about partnering with marijuana-related companies, and they’re willing to go public about it.

In the course of a week, news broke that software giant Microsoft Corp. and Arrow Electronics, a Fortune 150 company, had teamed with marijuana-related businesses.

Omar Sacirbey  |
June 28, 2016

By Eli McVey

Colorado, Oregon and Washington State are averaging a combined $123.5 million in monthly recreational marijuana sales so far this year, putting the industry on pace to rack up at least $1.5 billion in adult-use cannabis revenue at the retail level in 2016.

Chris Walsh  |
June 27, 2016

By John Schroyer and Omar Sacirbey

Canada’s legalization point man huddles with industry reps, a new Nevada patient processing office could produce a revenue jump for medical marijuana dispensaries, and speculation swirls that the DEA is poised to reschedule cannabis.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

John Schroyer  |
June 24, 2016

The Big Picture: State-By-State Marijuana Ballot Initiative Update

John Schroyer  | June 23, 2016

By John Schroyer

This year could prove a turning point for the legal cannabis industry, with at least 15 potential ballot measures in 12 states that could go before voters in November.

If some or most are approved, that could translate into untold business opportunities for cannabis entrepreneurs across the nation.

John Schroyer  |
June 23, 2016

Newsom: California Marijuana Measure Has Anti-Monopoly Safeguards

Roger Fillion  | June 22, 2016

By Marijuana Business Daily staff

OAKLAND, CA. – Smaller farmers, mom-and-pop businesses and existing medical marijuana companies will have a place in California’s recreational cannabis industry if voters pass a legalization measure this fall.

That’s the message California Lt. Gov. Gavin Newsom, a big supporter of the legalization measure, gave marijuana business professionals on Tuesday.

Roger Fillion  |
June 22, 2016