Arizona Medical Cannabis Industry Poised for Growth, Competition

John Schroyer  | May 25, 2016

By John Schroyer

Arizona’s medical marijuana market, already one of the largest in the nation, will soon undergo a major transformation – one that could create fiercer competition for existing dispensaries but also extra sales.

The number of licensed dispensaries is poised to jump by around 30%, unleashing new players in populated areas.

John Schroyer  |
May 25, 2016

Crowdfunding Now Viable Financing Option for Cannabis Companies

Omar Sacirbey  | May 24, 2016

By Omar Sacirbey

New federal rules allowing small businesses to tap ordinary folks will give upstart marijuana companies a sorely needed alternative to traditional sources of financing such as angel investors and venture capitalists.

The Securities and Exchange Commission’s new rules tied to crowdfunding could create a tidal wave of fresh financing in the cannabis industry. 

Omar Sacirbey  |
May 24, 2016

Chart of the Week: Illinois’ Medical Marijuana Market Gaining Steam

Chris Walsh  | May 23, 2016

By Marijuana Business Daily staff

After a relatively slow start, the medical marijuana industry in Illinois is finally seeing some sizable growth – both in retail sales and patient counts.

Monthly medical cannabis sales via dispensaries have ballooned by 83% since January, reaching $2.2 million in April alone.

Chris Walsh  |
May 23, 2016

By Omar Sacirbey and John Schroyer

Maryland’s fledgling medical marijuana program downshifts, Toronto dispensaries brace for a crackdown, and a licensing bottleneck in Massachusetts throws the state’s MMJ program into disarray.

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

John Schroyer  |
May 20, 2016

Federal Marijuana Policy: Q&A With Attorney, Ex-DEA Agent Charles Feldmann

John Schroyer  | May 19, 2016

By John Schroyer

Colorado attorney Charles Feldmann has worked with clients in the cannabis trade for years.

But he’s also been on the other side of the fence, working for the feds. Feldmann was a Drug Enforcement Administration agent from 1996 to 2001 and also once served as a Justice Department attorney, prosecuting Colorado narcotics traffickers.

John Schroyer  |
May 19, 2016

Louisiana Moves Toward Passing Workable Medical Cannabis Program

Omar Sacirbey  | May 18, 2016

By Omar Sacirbey

Louisiana is moving toward becoming the nation’s 25th state to create a workable medical marijuana program, which would position it as an MMJ beachhead in the South.

State lawmakers this week passed legislation that removes a major impediment to a legalized medical marijuana market in Louisiana. 

Omar Sacirbey  |
May 18, 2016

Clock Ticking for Michigan Recreational Cannabis Legalization Effort

John Schroyer  | May 17, 2016

By John Schroyer

Marijuana advocates in Michigan have just two weeks to get thousands of additional signatures for a recreational cannabis legalization measure that promises to create a massive new market in the Midwest.

John Schroyer  |
May 17, 2016