News by State

Week in Review: OH Lawmakers Okay MMJ, Nasdaq says No to MassRoots & MMJ for Vets

John Schroyer  | May 27, 2016

By John Schroyer and Omar Sacirbey

Ohio lawmakers pass a medical marijuana bill in a bid to undercut a ballot measure, MassRoots’ Nasdaq listing is nixed again, and Congress moves to give military veterans easier access to medical cannabis.

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

Nasdaq Shoots Down MassRoots for Stock Listing

John Schroyer  | May 24, 2016

Denver-based MassRoots, the popular social network for cannabis enthusiasts, failed again to secure a public listing on the Nasdaq, a setback for marijuana companies hoping to trade on a major U.S. stock market.

MassRoots said in a press release the Nasdaq linked its decision to the argument that the company, as a pro-marijuana business, could be …

Michigan Appeals Court Deals Blow to Cannabis Dispensaries

Omar Sacirbey  | May 23, 2016

Dispensaries in Michigan may be on their last legs after a state court of appeals effectively ruled that medical marijuana patients only can get their medicine by growing it themselves or from registered caregivers who are allowed to assist up to five patients.

The decision comes after two men who were charged with distributing medical …

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.

Week in Review: Maryland Medical Marijuana Downshift, Toronto Crackdown & MA Logjam

John Schroyer  | May 20, 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.