What legal recourse do lenders have if a medical marijuana business defaults on its loan? None, apparently. At least that's the case for two individuals in Arizona who provided $500,000 in loans to Today's Health Care II, a dispensary located in Colorado Springs,...
If you're wondering whether the medical marijuana community has enough political clout to sway an election, look to Oregon. Two pro-MMJ groups and a wealthy executive who supports medical cannabis appear to have had a hand in the decisive victory of Ellen Rosenblum in...
It looks like medical cannabis dispensaries will finally become a reality in Rhode Island. A revised measure that paves the way for the creation of three marijuana centers sailed through the state House of Representatives yesterday, with 64 lawmakers voting for the...
The MMJ movement is getting some support from an influential corner: Average, everyday Americans. A survey released this week of 1,000 likely voters by Mason-Dixon Polling & Research found that 74% of respondents think the government should respect state laws on...
There's been a flurry of medical marijuana news across the country today, most of it tied to positive developments for a change. Here's a summary of what's going on coupled with MMJ Business Daily's analysis of what it all means for the medical marijuana industry: -...
By Chris Lindsey To say it’s been a rough year for medical marijuana businesses in Montana is something of an understatement. During the heyday of the industry in the spring of 2011, there were 4,848 registered caregivers. A year later, we have just over 400: a...
The medical marijuana industry in Colorado could face a new set of challenges tied to a highly controversial bill limiting the amount of THC drivers can have in their blood stream while behind the wheel. The bill - which would allow police officers to convict drivers...
Talk about a missed opportunity. Federal lawmakers could have taken a big step toward progressiveness on the medical marijuana front last week. The opportunity came gift-wrapped in the form of a bill that would have nixed government funding for raids on dispensaries...
MMJ Business Daily has officially launched a new directory featuring a wide range of medical marijuana companies and vendors, part of the publication's multi-pronged approach to becoming the leading source of news, analysis and information about the industry. The free...
A measure to eliminate federal funding for raids on legitimate medical marijuana businesses met a quick death late last night in the House of Representatives. The development highlights the significant hurdles medical cannabis faces on the federal level, where...
U.S. lawmakers are set to debate a measure that could have significant implications for the medical cannabis community, in a good way. Up for consideration is a proposal that, if passed, would bar federal funding from being used for medical marijuana raids. The...
Pay particularly close attention to the recent experience of Denver attorney Ann Toney, whose insurance company essentially decided to yank her malpractice coverage. Why? Because some of her clients are involved in the medical marijuana industry. The move by Hanover...
