Ancillary Marijuana Companies

Google Boots Marijuana Delivery App From Play Store

John Schroyer  | July 20, 2015

Tech giant Google has removed a California medical marijuana delivery service from its Android-based app store, yet another indication of how mainstream companies shun cannabis-focused businesses and services.

The app – called Loud Cannabis – launched in early March and originally received approval … [Continue]

New York Cannabis Firm Buys Oregon Utility Building for $3M

John Schroyer  | June 29, 2015

In another sign of the marijuana industry’s growing national reach, a New York-based real estate firm focused on the cannabis industry has spent $3 million on an industrial building in one of Oregon’s largest cities.

The firm, Kalyx Development, has purchased a 107,000-square foot building … [Continue]

NY Dosing Rules Could Create New Industry Sector

John Schroyer  | June 22, 2015

Strict regulations surrounding medical cannabis dosing in New York could spark new ancillary business opportunities tied to clinical data.

The majority of MMJ states haven’t required specific dosing levels to accompany medical cannabis usage the way that New York will.

The state’s rules are so … [Continue]

4th Annual Marijuana Consumer Survey Underway

Chris Walsh  | June 19, 2015

Marijuana Business Daily has launched its annual survey of patients and cannabis consumers to gather key market data that will be used to help dispensaries, retail stores, infused products makers and growers understand the wants and needs of customers.

Patients and consumers who are 21 … [Continue]

Experts: Canada Must Develop Regulations on Cannabis Edibles, Extracts Quickly

Tony C. Dreibus  | June 17, 2015

By Tony C. Dreibus

Canadian officials must craft rules on infused products quickly to ensure patients buy from federally licensed cannabis companies instead of illegal dispensaries or the black market, industry experts said.

The Supreme Court of Canada last week struck down a provision in … [Continue]

Chart of the Week: IRS Audit Rate for Existing Marijuana Businesses

Becky Olson  | June 15, 2015

By Becky Olson

More than 6% of operational cannabis companies surveyed by Marijuana Business Daily said they have been audited by the Internal Revenue Service, which suggests that the industry faces more scrutiny on the tax front than other sectors.

Testing labs reported the highest … [Continue]