Marijuana Cultivation

Alaska Legislator Wants Separate MJ Control Board

Oversight of Alaska marijuana businesses would fall under a proposed marijuana control agency and not the state’s Alcoholic Beverage Control Board (ABC) under a proposal by a state lawmaker. Sen. Lesil McGuire plans to introduce a bill that would form a board to govern the state cannabis industry when a ballot initiative that passed last […]

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Minnesota MMJ Company Raises $12.4 Million

A company that secured one of two licenses to grow and sell medical marijuana in Minnesota has raised nearly $12.4 million in equity financing, a relatively large sum for a startup MMJ business. LeafLine Labs, which was founded by members of the family that runs a well-known chain of garden centers in the state, will […]

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Growers in Oregon Talk Testing, Recreational Cannabis

Several dozen medical marijuana growers and producers met Wednesday to talk through a range of industry issues, from testing to politics to the state’s new recreational cannabis law. The group is part of Oregon Grower’s PAC, a political action committee formed earlier this year to help advance the legal marijuana industry in the state. Criminal […]

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U.S. Growers Effectively Competing Against Mexican Marijuana

American marijuana producers have so effectively increased production and brought down cannabis prices that Mexican growers are having a hard time competing. Medical marijuana legalization in 23 states and Washington DC – as well as the rise of recreational cannabis industries in Colorado and Washington State – has caused cannabis production to jump in the […]

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For Entrepreneurs, New York Medical Marijuana Program a Work in Progress

By John Schroyer The New York Compassionate Care Act, signed into law this past July, finally brings the state into the medical marijuana fold. The measure will create an infrastructure around the production and sale of cannabis-infused products, allowing entrepreneurs to tap a new MMJ market. But the program is limited from a business

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Minnesota Selects 2 Companies to Receive MMJ Business Licenses

Minnesota has chosen the two companies that will grow, process and distribute medical cannabis under the state’s new limited MMJ program. LeafLine Labs and Minnesota Medical Solutions were selected to cultivate medical marijuana, process it into pill or liquid form and distribute the medicine via a total of eight dispensaries. The Minnesota Department of Health […]

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Some Florida Cannabis Startups Undeterred By Election Loss

Though medical marijuana failed at the Florida ballot box earlier this month, plenty of cannabis companies in the state aren’t about to cash in their chips and go home. Not only have MMJ proponents promised to continue the fight at the state Capitol, but many cannabis entrepreneurs in Florida believe that it’s just a matter […]

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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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