Dispensary/Retail Store Business News

Montana Medical Marijuana Industry to End in August

John Schroyer  | April 26, 2016

The Montana State Supreme Court has put the state’s medical marijuana dispensaries on notice: They’ll be out of business as of August 31.

The decision means Montana voters ultimately could determine the future of the state’s MMJ’s dispensaries.

The high court made its views known on Monday through a ruling on a 2011 law that …

Most Tribes Hit the Brakes on Marijuana; a Few Move Ahead

John Schroyer  | April 26, 2016

By John Schroyer

The anticipated “green rush” on Native American lands has failed to materialize, contrary to earlier signs that dozens of tribes were poised to capitalize on the opportunity to grow and sell cannabis.

The turnaround has dampened, for now, the opportunity for entrepreneurs in states without legalized medical or recreational cannabis.

Week in Review: Cannabis Legalization in North America, MJ Clubs Whacked & Oregon Flood

John Schroyer  | April 22, 2016

By John Schroyer

Canada and Mexico signal they’ll move ahead with cannabis legalization, marijuana clubs hit local pushback, and entrepreneurs flood Oregon with applications to operate in the state’s new recreational cannabis market.

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

Washington DC Permanently Bans Cannabis Clubs

Roger Fillion  | April 20, 2016

City lawmakers in Washington DC voted to slap a permanent ban on private clubs catering to marijuana users, eliminating the chance for recreational cannabis business opportunities in the nation’s capital.

The D.C. Council’s 7-6 vote sends the measure to Mayor Muriel Bowser, who already has said she supports outlawing the clubs, Washingtonian magazine reported.

District voters …

Denver Council Moves to Restrict Marijuana Business Locations

John Schroyer  | April 19, 2016

Denver lawmakers tentatively approved a proposed ordinance to impose caps on the number of marijuana retail and cultivation sites in the proverbial capital of the cannabis industry.

The measure, approved Monday evening 8-3 by the Denver City Council, will become law if approved in a final vote next week. It would apply to recreational and …

Cannabis Pioneer Asks Public for Money After Raid

Roger Fillion  | April 19, 2016

A cannabis industry pioneer is asking the public to help raise $150,00 for a legal defense fund, saying law enforcement authorities raided his San Diego medical marijuana company and froze bank accounts as well as seized money, raw materials and computers.

James Slatic, CEO of Med-West and a board member of the California Cannabis Industry Association, …

Coming to Vegas: A Casino That Serves Cannabis?

John Schroyer  | April 18, 2016

A well-known name in the cannabis world might offer cannabis enthusiasts in Las Vegas the ability to order more than a beer or bourbon while playing the slots.

High Times, the 42-year-old cannabis lifestyle magazine, is hoping to open a casino serving cannabis in Sin City if Nevada voters approve a ballot measure in November to legalize …