Marijuana Cultivation

California Industry Association Head Faces Suit to Close Dispensary

A dispensary run by the president of the California Cannabis Industry Association has come under fire from local officials who want to shut down the operation, underscoring the difficulty of doing business in unregulated states. Lakisha Jenkins, who also sits on the board of the National Cannabis Industry Association, told Marijuana Business Daily she received […]

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60% Plunge in Washington Recreational MJ Prices

Washington State cultivators must be hurting. The average price of a gram of retail cannabis has plummeted since recreational shops opened last July, from an average of $30 to $12 a gram now, according to The Seattle Times. That’s an eye-popping 60% decrease. Prices have been on the downswing for months, as an over-abundance of product […]

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Bill Rolling Washington MMJ Into Recreational Program Advances

Washington State Gov. Jay Inslee will likely sign a bill passed by the Legislature that would roll the state’s unregulated medical marijuana market into its heavily regulated recreational cannabis program. The bill would require dispensaries and MMJ cultivators to obtain licenses through a new agency called the Washington State Liquor and Cannabis Board, which would […]

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Millions More Devoted to New York MMJ Industry

Even though New York hasn’t even begun issuing business licenses yet for medical marijuana companies, a plan is already underway for a $10 million cultivation operation in a farming community between the Big Apple and Albany. A company called Valley Agriceuticals, comprised of several health care and cannabis industry insiders, is trying to position itself […]

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Illinois Gov Won’t Extend MMJ Pilot Program Yet

In response to attempts by lawmakers to extend the timeline for the state’s medical cannabis pilot program, Gov. Bruce Rauner made it clear on Monday that he isn’t going to sign an extension. “The governor believes there is a lot of time left to evaluate a pilot program, and we should not extend the program […]

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Filings Show Many Banks Working With Cannabis Businesses

Banks have filed more than 1,700 so-called “marijuana limited” suspicious activity reports since the federal government issued guidance early last year on how financial institutions can handle dealings with cannabis businesses, an indication that banks are in fact working with marijuana companies, according to the Wall Street Journal. A “marijuana limited” report is filed by […]

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California Congressmen to Feds: Stop Prosecuting MMJ Businesses

Two California congressmen said U.S. attorneys seeking to seize two dispensaries in the state have gone rogue and are breaking federal guidelines. Reps. Sam Farr and Dana Rohrabacher sent a letter to Attorney General Eric Holder asking that the Department of Justice stop prosecutions and forfeiture actions against those following state laws. A federal spending […]

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Proposal Would Let Oregon Dispensaries Sell Recreational MJ

Oregon dispensaries may be allowed to start selling recreational cannabis starting July 1 if an idea pitched by a state senator makes its way through the Legislature. The proposal by Republican state Sen. Ted Ferrioli would act as a bridge between when sales will be allowed and when shops will begin operations. Recreational marijuana becomes […]

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Strategies to Position a Cultivation Company for Growth and Long-Term Success

By Tony C. Dreibus Marijuana cultivators have a lot to grapple with on a daily basis, from trying to prevent pests that could wipe out their entire crop to constantly calibrating climate control and lighting systems for optimum yields. So it’s easy to get bogged down in the details without looking at bigger-picture issues that […]

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Hemp Advocate Rand Paul Announces Candidacy for President

Kentucky Republican Sen. Rand Paul has announced his candidacy for president, giving hemp growers an ally in the fight for the White House. Paul has voiced his opinion that hemp growth should be legalized in Kentucky because it’s a state’s-rights issue and a matter of economic development. He was a co-sponsor of a January bill […]

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