Scores of illegal medical marijuana dispensaries are still cropping up in Los Angeles and hundreds of existing centers that were supposed to close remain open, creating huge business headaches for owners allowed to continue operating under a new law. The fallout of...
Score another one for medical marijuana businesses in Arizona. A judge has ruled that Maricopa County cannot tweak its zoning laws to prevent dispensaries from opening, removing another roadblock for the MMJ industry in a state that has launched numerous legal attacks...
How much money should you shell out for assistance when seeking a medical marijuana business license? It's a question many entrepreneurs are asking in emerging cannabis markets such as Connecticut, Massachusetts, Nevada and Oregon, where the green rush is in full...
Last fall, the fear of finding a piece of paper in the mail featuring the words “civil forfeiture” and “asset seizure” kept dispensary owners and their landlords up at night. Fast forward a year, and few MMJ professionals are losing shuteye over the issue.
Josh Sodaitis and Nick Spagnola have already spent $50,000, lined up tens of thousands more in financing and worked 100-plus hours each in an effort to win a license for a dispensary and grow site in the tiny Massachusetts town of Whately. But their money and hard...
A David vs. Goliath fight is brewing in Washington State between a startup dispensary and a major corporation that is trying to strong-arm the landlord of the building that houses both businesses. Joel Martin, co-owner of 221Rx (pictured) in Conway, Washington, said a...
Seattle will allow both medical and recreational marijuana businesses to operate in the city - with restrictions - under a new ordinance that charts a course for the cannabis industry going forward. The measure, which city council unanimously approved on Monday, has...
Where are some of the biggest business opportunities in medical marijuana? Look to the north. Canada has embarked on a historic, ambitious move to open up its medical marijuana program to the free market, giving rise to a massive industry that could eventually top $1...
Testing is currently voluntary in most medical marijuana states. As a result, the lion’s share of dispensaries bypass it entirely, coming up with any number of excuses (too expensive, not important enough to patients, no industry standards) to skip a crucial step in ensuring safe, reliable medicine is on the market.
The third quarter was surprisingly lackluster for publicly traded cannabis companies, with most stocks failing to hold gains tied to a groundbreaking move by the Department of Justice in August. Six of 12 prominent cannabis and hemp-related stocks came in flat for the...
At least 100 medical marijuana dispensaries in Colorado queued up to submit applications for recreational cannabis licenses on the first day of the process, reflecting sizable interest in the new industry and promising to pump hundreds of thousands of dollars into...
On paper, Maine's medical marijuana industry seems relatively small, with just eight dispensaries serving patients across the state. But dig deeper and you'll find a thriving business community that could serve as a model for other states with similar demographics....
