North Dakota Medical Cannabis Business & Marijuana Legal News

Medical marijuana businesses see silver lining in White House comments on cannabis

Omar Sacirbey  | February 28, 2017

By Omar Sacirbey

Medical marijuana companies are finding solace in comments from the White House last week indicating the federal government might crack down on recreational cannabis but leave the $2 billion MMJ industry alone.

“It is good news for medical marijuana,” said Alex Ford of the Grassroots Vermont dispensary.

North Dakota taps new medical marijuana director

Bart Schaneman  | February 6, 2017

Amid a legislative debate over the rules governing North Dakota’s new medical marijuana industry, the state’s health department has named the first director of the voter-approved MMJ program.

Effective Friday, Kenan Bullinger was tapped to oversee the program, according to the Bismarck Tribune. Bullinger has worked for the health department for more than three decades, and …

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.

Legal uncertainty for marijuana industry after Trump election, conference panelists say

John Schroyer  | November 17, 2016

By John Schroyer, Bart Schaneman and Omar Sacirbey

Uncertainty.

That’s the easiest way to summarize the legal climate for cannabis entrepreneurs after Donald Trump’s election as president, according to a panel of political experts Wednesday at the Marijuana Business Conference & Expo in Las Vegas.

Exclusive estimates: CA will account for half of retail marijuana sales stemming from election

Chris Walsh  | November 16, 2016

By Marijuana Business Daily staff

California’s recreational cannabis industry could eventually generate between $4.5 billion and $5 billion in annual retail sales, making it by far the most attractive market for business opportunities of the states that legalized last week, according to estimates released Wednesday.

Map: The post-election U.S. marijuana landscape

Eli McVey  | November 14, 2016

By Eli McVey

Nearly 60% of the U.S. population now lives in states that have legalized some form of marijuana use and sales, illustrating the rising acceptance of cannabis nationwide and highlighting the industry’s immense potential for future growth.

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.

President Trump: Election surprise creates huge uncertainties for cannabis industry

John Schroyer  | November 9, 2016

By Marijuana Business Daily staff

Donald Trump’s upset election victory is causing consternation in the marijuana industry even though seven states legalized medical or recreational cannabis and another paved the way for MMJ businesses.

Executives are uncertain of what a Trump presidency means in terms of federal regulations and enforcement, with some fearing an eventual crackdown.

An $8 billion night: 7 states legalize medical, recreational cannabis in historic election

Chris Walsh  | November 9, 2016

By Marijuana Business Daily staff

The cannabis industry scored a landslide victory Tuesday as four states legalized recreational marijuana and another three approved medical use, cementing the 2016 election’s place in the history books.

The developments could lead to $7 billion-$8 billion in additional annual retail cannabis sales, according to Marijuana Business Daily’s preliminary estimates.