Dispensary/Retail Store Business News

Latest Celeb to Enter MMJ Industry: Roseanne

John Schroyer  | February 12, 2016

It seems like every month there’s a new celebrity getting into the cannabis business. Next up, longtime comedian Roseanne Barr.

Barr is throwing her name and at least some of her fortune behind a new dispensary license winner in Santa Ana, a southern suburb of Los Angeles, according to the Orange County Register. …

MMJ Patient Boom in Nevada

Omar Sacirbey  | February 12, 2016

Some good news for Nevada’s medical cannabis businesses: the number of MMJ patients in the state may more than quadruple in coming years, according to a state health official.

Nevada is receiving about 300 medical marijuana card applications per month. If that pace keeps up, the number of registered patients will increase from the current …

Colorado Marijuana Pesticide Lawsuit Dismissed

John Schroyer  | February 12, 2016

A lawsuit that could have turned into a landmark marijuana legal case has been tossed by a district court judge in Colorado.

Cannabis retail chain LivWell Enlightened Health was sued last October by a pair of former customers who alleged that the company used controversial pesticides – including Eagle 20 – during the …

California Considers 15% Medical Marijuana Tax

Omar Sacirbey  | February 10, 2016

A new bill introduced Wednesday in California would impose a 15% percent tax on medical marijuana sales to pay for state programs and enforce new regulations, according to SFGate.com.

But the Marijuana Value Tax Act, as the bill is known, may not be the only expense MMJ businesses face, since local governments could levy …

Anchorage Finalizes Recreational Cannabis Regs

Omar Sacirbey  | February 10, 2016

The Anchorage City Assembly finalized its regulations for the upcoming recreational marijuana industry on Tuesday night, tweaking buffer zone rules, prohibiting small-scale commercial grows and taking other steps.

The new rules reduce the required distance between marijuana retailers and schools from 1,000 feet to 500 feet. But the news is not as good as it …

FL Lawmakers May Allow MMJ For Terminal Patients

Omar Sacirbey  | February 9, 2016

Florida lawmakers have revived a bill to expand the state’s CBD industry by allowing terminally ill patients to use full-strength medical cannabis, which would provide a boost for licensed businesses.

The state’s current law, passed in 2014, permits only allows high-CBD, low-THC marijuana oils, artificially limiting the market. The proposed new law, revived this week, …

California Marijuana Bans Threaten Thousands of Businesses

John Schroyer  | February 9, 2016

By John Schroyer

The recent wave of local bans and moratoriums on cannabis businesses in California could have brutal repercussions for the state’s medical marijuana industry.

So far, 241 cities and counties have either approved some type of cannabis business ban or have one pending, according to the marijuana consultancy Sugarleaf Productions.

New York Tribe to Grow, Dispense MMJ

John Schroyer  | February 8, 2016

It looks like New York’s five medical cannabis companies will have some more competition by the end of the year. At least, they will on Long Island.

The Shinnecock Indian Nation, which has a reservation on the eastern part of Long Island, has decided to get into the MMJ business, according to the …

Woody Harrelson Among Hawaii Dispensary Applicants

John Schroyer  | February 8, 2016

Hollywood star Woody Harrelson filed one of the 66 applications in Hawaii for just eight medical cannabis dispensary permits that will be awarded later this year.

Harrelson’s company, Simple Organic Living, submitted a dispensary license application to the state, according to the Associated Press. If the company wins one of the permits, he’ll …

Lack of Outreach Undermining Minnesota’s MMJ Program

Omar Sacirbey  | February 8, 2016

One of Minnesota’s two medical marijuana license holders estimated recently that under the state’s current list of approved conditions, there could be some 300,000 eligible patients in the state who simply don’t know about the program because of a lack of information and outreach.

“There’s a huge chunk of patients who just don’t know this …