Week in Review: Michigan’s pricey plan, marijuana capital raises jump, PA grower gets thumbs up

Bart Schaneman  | October 20, 2017

By Bart Schaneman, John Schroyer and Omar Sacirbey

Michigan regulators propose steep capital requirements for medical marijuana businesses, cannabis funding deals skyrocket, and Pennsylvania gives the green light to the state’s first MMJ cultivator.

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

Bart Schaneman  |
October 20, 2017

California wildfires a bump in the road for state’s marijuana industry, insiders say

John Schroyer  | October 19, 2017

By John Schroyer

The wildfires ravaging Northern California over the past week have burned tens of thousands of acres of land, torching more than 30 marijuana farms and adding a new wrinkle to the January rollout of the state’s regulated cannabis industry.

John Schroyer  |
October 19, 2017

Costly employment-related lawsuits on the rise in cannabis industry as MJ workforce grows

Bart Schaneman  | October 18, 2017

By Bart Schaneman

Marijuana companies are seeing an uptick in lawsuits tied to employment issues, reflecting the cannabis industry's growing pains as it transforms into a more mainstream business.

The latest involves a suit targeting Electrum Partners, a well-known cannabis investment advisory firm in Las Vegas.

Bart Schaneman  |
October 18, 2017

Hemp State Highlight: Vermont’s hemp industry could see big changes from MJ, larger neighbors

Kristen Nichols  | October 18, 2017

By Kristen Nichols

Vermont’s small hemp industry has cause for great optimism: The state has the nation’s loosest hemp regulations and a latitude that makes it an easy fit for hemp cultivars developed in Canada and northern Europe.

But Vermont’s hemp growers have reason to worry, too.

Kristen Nichols  |
October 18, 2017

MassRoots in turmoil after CEO ouster; CannaRegs scuttles planned $12M merger

Omar Sacirbey  | October 17, 2017

By Omar Sacirbey

Turmoil and uncertainty are swirling around MassRoots, the once high-flying canna-centric social media and tech firm, after the company's board fired founder and CEO Isaac Dietrich.

The news already has triggered fallout for MassRoots: The Denver company's planned $12 million acquisition of tech company CannaRegs has been scrapped.

Omar Sacirbey  |
October 17, 2017

Chart: 42% of marijuana business owners plan to expand into new markets

Eli McVey  | October 16, 2017

By Eli McVey

Over 40% of cannabis business owners are planning to take their companies into a new market within the next year, according to a Marijuana Business Daily survey.

Of the business owners intending to expand, the vast majority have identified opportunities in both the medical and recreational markets.

Eli McVey  |
October 16, 2017

Week in Review: California wildfires, Maryland medical cannabis lawsuit & Arkansas CPAs + MMJ

John Schroyer  | October 13, 2017

By John Schroyer, Bart Schaneman and Omar Sacirbey

California’s wildfires could adversely affect marijuana crops, Maryland’s MMJ commission is taken to court, and Arkansas accountants get permission to serve cannabis firms.

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

John Schroyer  |
October 13, 2017

California tribes worry they’re being shut out of state’s regulated marijuana industry

John Schroyer  | October 12, 2017

By John Schroyer

Dozens of California's 109 federally recognized Native American tribes have reportedly expressed interest in entering the state's regulated cannabis market when it launches.

But as the state's unfinished regulations stand, those tribes may be forced to make a choice: Participate in the licit cannabis market or retain their sovereignty.

John Schroyer  |
October 12, 2017

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