A Colorado House committee advanced a bill that would allow social cannabis consumption venues in the state. https://twitter.com/COBusinessComm/status/1111270029398401028 The measure, passed 7-4 by the House Business Affairs and Labor Committee, would allow licensed...
Jeff Smith
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Maryland regulators intend to issue new medical cannabis licenses despite suit
Maryland regulators said Thursday they plan to move forward with plans to issue additional medical marijuana cultivation and processing licenses, despite a lawsuit by Curio Wellness to block their effort. The licenses are intended to increase...
Detroit medical marijuana dispensary sues over licensing deadline
An unlicensed medical cannabis dispensary in Detroit has sued the state, just days before regulators are poised to shutter shops that have not obtained appropriate permits. Green Genie filed suit to allow unlicensed dispensaries to stay open...
Cannabis banking bill advances in committee; full US House vote expected within weeks
A key U.S. House committee voted resoundingly Thursday to provide federal protection for financial institutions that serve state-authorized marijuana and ancillary businesses, a landmark development for cannabis banking legislation. The House Financial Services...
New York medical cannabis businesses fighting for priority in adult-use market
New York's medical marijuana companies are fighting to get a first crack at any new recreational market when one is finally created, and they may be making some progress in their efforts. The adult-use draft bill from Gov. Andrew Cuomo's office raised concerns among...
Ohio medical cannabis participation rate remains low
Ohio's licensed medical marijuana dispensaries have had to face the reality that only 28% of Ohioans who signed up for the state's medical marijuana registry in the first three months made a purchase during that time. The Enquirer of...
Florida bank gives notice it’s closing medical marijuana group’s account
A Florida bank is moving to close the account of a medical cannabis advocacy organization. SunTrust Bank notified the Tallahassee-based Medical Marijuana Business Association of Florida (MBAF) last week that it will close the industry lobbying group's account on April...
Chart: Medical cannabis license growth still sizzling in Oklahoma
Nine months after Oklahoma voters approved one of the most business-friendly medical marijuana initiatives in the country, the number of licenses and patient approvals continue to rise at a feverish pace.
New Jersey lawmakers cancel vote on adult-use cannabis bill
New Jersey lawmakers called off their scheduled vote Monday on a bill to legalize adult-use marijuana after Gov. Phil Murphy failed to persuade enough lawmakers to support the legislation.
North Dakota Senate advances bill that might ease access to medical marijuana
North Dakota’s state Senate overwhelmingly approved a bill aimed at increasing the number of residents who could gain certification to use medical cannabis.
Decision day for New Jersey? $1.5 billion recreational cannabis market at stake
New Jersey lawmakers could vote as soon as Monday on whether to legalize adult-use marijuana, with hundreds of millions of dollars of new cannabis business opportunities at stake in the decision. Marijuana Business Daily projects a legal recreational industry in New...
BlackRock discloses $11M investment in medical marijuana firm Curaleaf
BlackRock, one of the world’s largest money managers, disclosed in regulatory filings that its funds have an $11 million stake in Curaleaf Holdings, a Massachusetts-based medical cannabis company.













