Marijuana Cultivation

More Chicago MMJ Businesses Get Local Approval

The Windy City is well on its way toward exhaling legal cannabis smoke. On Friday, a medical marijuana farm and six dispensaries were granted initial approval by Chicago’s Zoning Board of Appeals. The board can approve up to 13 dispensaries for the city, but just one cultivator. Last month, three would-be dispensaries won special use permits […]

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Anchorage Official Moves to Ban Rec Sales in City

Though Alaska voters spoke earlier this month on recreational marijuana, the state’s largest city might still decide to ban the industry from setting up shop. Ballot Measure 2 – which legalized recreational cannabis sales in Alaska – passed with just over 52% of the vote earlier this month, but an Anchorage Assembly member wants to […]

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Florida Judge Strikes Down MMJ Lottery Proposal

A judge struck down a proposed rule in Florida that would have used a lottery system to choose five companies that will grow, process and distribute marijuana under the state’s CBD law. Licensees to produce and dispense non-euphoric marijuana should be chosen after evaluation of necessary facts rather than by chance, as Florida residents deserve […]

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Marijuana Business Conference Wrap-Up: Banking, Federal Legalization, Marketing, Investing & More

By Marijuana Business Daily staff If you want to open a bank account, seek out smaller financial institutions. If you’re looking to boost customer loyalty, engage in socially responsible business practices. And if you’re hoping to attract more women as customers, stop using packaging and advertisements that they find offensive. These are some of the many […]

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Experts: Big Tobacco, Pharma & Alcohol Coming for Marijuana Industry

By Tony C. Dreibus The tobacco, pharmaceutical and alcohol industries are looking to get into the marijuana industry and plan to capitalize on the leverage those already in the cannabis space have built, several experts speaking at the Marijuana Business Conference and Expo said on Friday. “The inconvenient truth is that Big Tobacco is coming […]

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Maryland Sticks With $250,000 Cultivation License Fees

Despite rumors that fees could be reduced, Maryland’s medical marijuana commission on Thursday left licensing fees unchanged from prior recommendations as they approved draft rules to govern cannabis businesses. Medical marijuana growers will have to pay $250,000 for a two-year license while dispensaries will have to pay $80,000, the commission said. The group had delayed […]

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WA State Farmer Gets a Ton of Publicity for Marijuana Auction

Dozens of media outlets, ranging from USA Today to the Daily Mail, the UK’s largest newspaper, have been eagerly reporting on a marijuana auction to be held at Fireweed Farms in Prosser WA this Saturday. Washington State marijuana enforcement authorities will attend the auction. All bidders must register, producing ID and a state license to […]

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Incoming Illinois Gov. Blasts MMJ Licensing Process

Illinois’ highlight secretive process for awarding medical marijuana business licenses doesn’t sit well with new governor-elect Bruce Rauner, who is calling for changes that would increase transparency. Rauner said the process is “rigged” and criticized the fact that the identities of applicants, as well as those of the people who will decide who gets a […]

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Aboriginal Group Looking to Grow MMJ in Canada

The Penticton Indian Band, a First Nation community in Canada, may approve a plan to start growing medical marijuana on its lands in British Columbia. If members sign off on the plan, Penticton Indian Band would become the first aboriginal group to become federally licensed to produce cannabis, and it could serve as a model […]

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Timeline for Alaska’s recreational cannabis program

Entrepreneurs interested in starting marijuana businesses in Alaska will have to wait until 2016 to open their doors as regulators finalize legalization and draw up regulations surrounding the sale and distribution of cannabis. Election results probably won’t be certified until about Nov. 28 after the remaining 40,000 ballots are counted and legalization is confirmed, according […]

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