California’s booming CBD industry is in disarray after the state’s health department reaffirmed earlier this month that CBD cannot be added to food, even if it comes from hemp.Read More
It can take months for a marijuana business to gain licensing approval from regulators.
The biggest problem facing a company in such a situation is it usually must have the location nailed down before filing an application.
But paying rent on space before having a license in hand can cost a lot of money, unless steps are taken early in the process to minimize costs.Read More
Worried about the fallout from marijuana that doesn’t meet state requirements?
Simply taking preventive measures such as investments in infrastructure and increased vigilance in cultivation operations can help growers stave off costly catastrophes.Read More
The feds are coming. And, in this case, that’s good news.
The chances of serious marijuana reform in the halls of Congress have increased dramatically in recent months, with major political names from both Republican and Democratic camps embracing the cause of changing federal cannabis laws.Read More
North American marijuana entrepreneurs who believe it’s too early to look at international opportunities should reconsider their position.Read More
One of the more restrictive medical marijuana programs in the United States might soon allow the use of MMJ as an alternative to opioids, a move that could provide a much-needed boost to the state’s cannabis businesses. The New York health department plans to develop regulations giving people the choice of enrolling in the state’s […]Read More
Colorado’s governor has signed into a law a bill to allows physicians to prescribe CBD medicines that have been approved by the U.S. Food and Drug Administration.
The FDA’s ruling is expected in a matter of weeks.Read More
A Florida judge on Tuesday lifted a stay on smoking medical marijuana, opening up new revenue potential for the state’s MMJ businesses. Leon County Circuit Court Judge Karen Gievers upheld her May 25 ruling that the Florida Legislature’s provision banning smokable medical marijuana is unconstitutional. The stay will officially be lifted on June 11. The […]Read More
Southern University in Louisiana has contracted with a company to run the school’s medical marijuana program, but the firm’s principals are embroiled in an ownership struggle. According to The Advocate, the Baton Rouge university said Thursday it had signed a contract with the two majority owners of Advanced Biomedics. Southern picked the company last fall […]Read More
Marijuana Business Daily is closed for the Memorial Day holiday and will resume publishing Tuesday with the next Chart of the Week.Read More
The chief executive of one of Minnesota’s two medical marijuana manufacturers has left the company after years of financial losses.
Andrew Bachman, LeafLine Labs’ co-founder and its chief executive since 2016, is no longer with the company “in any official capacity,” the company said Thursday in a statement to the Associated Press.Read More
In an ideal world, cultivators would have the luxury of time when it comes to drying and curing their cannabis.
They’d take 30-60 days – waiting, sniffing, eyeing and “burping” – to achieve the ideal cannabinoid and terpene profile for each lovingly grown flower.
But in the real business world, larger cultivators need to get product out the door. They don’t have one or two months to spend on curing.
That doesn’t mean, however, that cultivators must sacrifice quality for large-scale commercial production.Read More
- July 16, 2018
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