Nevada Medical Cannabis Business & Marijuana Legal News

Chart: 8 new marijuana markets slated to launch in 2018

Eli McVey  | March 27, 2017

By Eli McVey

Get ready for the next iteration of the green rush.

The marijuana industry is poised to grow by leaps and bounds in 2018, when at least eight of the 11 states that passed significant medical or recreational cannabis measures last year are expected to start sales.

Cannabis public use measures could spur MJ sales, businesses

Bart Schaneman  | March 16, 2017

By Bart Schaneman

From Alaska to Massachusetts, a number of states are weighing measures to allow people to consume cannabis in public places such as clubs and other venues.

Legalizing cannabis clubs and other venues for public consumption could spur MJ sales and create new business opportunities, said industry officials.

Nevada rec marijuana program receives $870K in seed money

Bart Schaneman  | January 30, 2017

Nevada lawmakers approved a seed loan of about $871,000 to kick-start the state’s new recreational marijuana program under the department of taxation.

Nevada’s Interim Finance Committee, composed of lawmakers from both houses of the state legislature, extended the funding, the Reno Gazette-Journal reported.

The taxation department must iron out the details in the legislation …

Chart: Sales projections for states that legalized cannabis on Election Day vs. 2016 industry estimates

Eli McVey  | November 21, 2016

By Eli McVey

States that passed marijuana measures earlier this month eventually could generate more in annual retail MJ sales than the entire U.S. cannabis industry is expected to this year.

Though these new markets will take time to develop, they present tremendous opportunities for entrepreneurs looking to capitalize on the results of the election.

Week in Review: 5 business takeaways from the landmark election

Omar Sacirbey  | November 11, 2016

By Omar Sacirbey and Bart Schaneman

Now that voters in seven additional states have legalized recreational or medical marijuana, business leaders and political observers are bullish about the potential for industry growth.

They point to surge in opportunities for interstate expansion, increased investor interest in cannabis and greater innovation in technology and business strategies.

Election Updates: Live coverage of marijuana measures across the country

Chris Walsh  | November 8, 2016

Marijuana Business Daily provided live updates on cannabis ballot measures and related news on Election Day (all updates in Eastern time).

3:45 a.m. Wednesday (Montana): Montana’s measure to legalize medical marijuana businesses is poised to win comfortably, as the initiative has garnered 56% of the vote with more than 80% of precincts reporting.