Nevada's plan to expand its pool of recreational marijuana distributors is delayed again. The state's Tax Commission has agreed not to issue distribution licenses to any non-liquor entities until the panel hears an Aug. 29 appeal from the Independent Alcohol...
It didn't take long for recreational marijuana businesses in Uruguay to encounter a key challenge that hinders U.S. cannabis companies: banking. Uruguayan pharmacies began selling adult-use cannabis July 19, but the South American nation's banks are refusing to do...
A judge cleared the way for Nevada to allow more businesses to transport cannabis from growers to stores in an effort to keep up with overwhelming demand since recreational marijuana sales began last month. Carson City District Judge James Russell on Thursday lifted...
The 50 dispensaries licensed to sell recreational marijuana in Nevada have experienced a 20%-30% decline in sales since an initial explosion of activity on July 1, according to a report by the Nevada Department of Taxation. The tax department said the drop in sales...
Maine officials say the state won't be able to meet its February deadline to allow recreational marijuana sales. Republican State Sen. Roger Katz said the agencies responsible for the recreational market rollout don't have sufficient time before the deadline to...
At a time when the Department of Justice is trying to get Congress to pull the plug on the Rohrabacher-Farr Amendment, a U.S. District Court recently used the marijuana safeguard in a federal cannabis case. U.S. District Judge Richard Seeborg in San Francisco told...
Nevada marijuana regulators won't be able to issue cannabis distribution licenses to businesses other than liquor wholesalers after all. A judge has sided with the Independent Alcohol Distributors of Nevada, who by law have exclusive rights to deliver recreational...
Starting Friday, Marijuana Business Daily will send out a weekly email newsletter highlighting its recently expanded coverage of Canada's cannabis industry. To sign up for the free newsletter, click here. MJBizDaily recently hired a full-time reporter in the Toronto...
New York authorized five more companies to manufacture and dispense medical marijuana in the state, which has the potential to significantly expand an MMJ industry that has struggled. The five companies approved Tuesday by the Department of Health and the counties...
Three universities in Virginia are conducting research on industrial hemp after the state legalized cultivation of the crop for research purposes. Virginia Tech, James Madison University and Virginia State University are researching different uses for the crop, which...
Los Angeles' City Council president wants to establish a municipal bank to serve marijuana businesses, including providing financing. The proposed bank would also serve affordable housing developers and small businesses, the Los Angeles Daily News reported. According...
Legal sales of adult-use marijuana in Uruguay will begin next week at a limited number of pharmacies, and more than 5,000 people have registered as customers. Recreational marijuana will be available starting July 19 in 5-gram amounts at 16...
