Dispensary/Retail Store Business News

Outdoor Medical Marijuana Ad Ban Would Be Mixed Bag for Denver Cannabis Dispensaries

Drive around Denver and you’ll see a fair share of billboards, sign twirlers and banners advertising super-cheap ounces, half-price joints and discounted edibles. Outdoor advertising is a major piece of the advertising strategy and a key competitive tool for many smaller cannabis dispensaries in the city. But these businesses could have to overhaul their marketing […]

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Exclusive: Medical Marijuana Dispensaries No Longer Able to Accept Visa, MasterCard as of July 1

The main national company handling payment processing services for the medical marijuana industry will no longer accept Visa and MasterCard transactions from dispensaries, according to information obtained by MMJ Business Daily. Electronic Merchant Systems (EMS) – which provides merchant accounts for medical marijuana companies via a partnership with Chesapeake Bank in Virginia – informed its […]

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The Future of Medical Marijuana Regulations: Colorado or Connecticut?

Many medical marijuana leaders cite Colorado as the quintessential example of how to effectively regulate the MMJ industry. The state, after all, avoided the problems plaguing other areas with lax or murky medical marijuana laws – think California and Michigan – by implementing strict regulations. And it adopted a for-profit model, to boot. But the […]

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Washington DC Marijuana Program Kicks Into High Gear as Officials Announce Dispensary Finalists

The budding medical cannabis industry in Washington DC has taken a big step forward this week, with health officials approving their first marijuana dispensary applications. The individuals and groups behind four proposed dispensaries – Herbal Alternatives, Metropolitan Wellness Center Corporation, Tacoma Wellness Center Inc. and VentureForth LLC – are now eligible to register with the District’s […]

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Weekly Wrapup: MMJ Opportunities Knocking in Some States, Evaporating in Others

What an up and down week it was for the medical marijuana industry. First, the good news: There are plenty of opportunities to get involved in the medical cannabis industry around the country. In Colorado, for instance, a moratorium on new dispensaries ends in less than three weeks. Residents who want to open medical marijuana […]

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Los Angeles Marijuana Dispenary Ban Gains Momentum, CA Crackdown Enters New Phase

Dark clouds are gathering on the horizon in California, where a renewed federal crackdown and a potential ban on cannabis dispensaries in Los Angeles have set the MMJ industry on edge. The developments add a new layer of uncertainty to the state’s medical marijuana industry and threaten to drastically alter California’s MMJ landscape. Dispensary owners […]

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Scores of Marijuana Dispensaries to Open in Next 6 Months as New MMJ States Come Online

For all the difficulties medical marijuana businesses have experienced in recent times (raids, moratoriums, dispensary bans, you name it), 2012 is actually shaping up to be a pretty good year for the cannabis industry from a national perspective. Four states and the District of Columbia are moving forward with dispensary programs this year after long […]

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