DC Medical Cannabis Business & Marijuana Legal News

DC Medical Marijuana Business News

Washington DC medical marijuana firm raises $3 million in financing

Holistic Industries, a medical marijuana company based in Washington DC, has raised $3 million from a pair of investment firms with ties to Florida’s MMJ industry. Franklin Street, which has principals in Florida and Georgia, partnered with the private fund adviser Full Moon Investments to finance the deal, according to a news release. The transaction […]

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DC works to boost diversity in medical marijuana program

Add Washington DC to the list of U.S. marijuana markets trying to improve diversity in the industry. The DC Council passed an emergency bill that gives minorities preference in the application process for medical marijuana licenses, The Washington Post reported. The legislation is awaiting the mayor’s approval. In addition to the emergency bill, DC is working […]

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Washington DC’s medical marijuana program progressing, though more change in store

By John Schroyer The District of Columbia’s medical cannabis companies have been ramping up in the past month, largely because of new business-friendly regulations that have reshaped the future in terms of possible market size. But those companies still face big questions, especially with regard to expansion and uncertainty over the customer base’s potential size.

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DC to authorize sixth medical cannabis dispensary

The Washington DC Department of Health plans to add a medical marijuana dispensary to the five already in operation. The license application period began March 6 and will end April 7, according to a public notice from the DC Department of Health. The new dispensary must be located in either DC City Council Ward 7 or Ward 8. […]

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Big changes coming for DC’s medical cannabis businesses

By John Schroyer The medical cannabis industry in Washington DC is in for an interesting ride over the next few months, with regulatory changes on tap that could provide major expansion opportunities for businesses. But exactly how the upcoming regulations may affect the DC industry is up in the air, depending on a number of factors.

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DC medical cannabis industry could benefit from rule change

Medical cannabis dispensaries and growers in the nation’s capital could be in for a major uptick in business if a proposed local rule change for the industry becomes law. The Medical Marijuana Reciprocity Amendment of 2015, which passed first reading in the Washington DC City Council on Tuesday, would allow dispensaries to serve registered MMJ […]

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DC mayor: Double amount of MMJ patients can buy

The five medical cannabis dispensaries in the nation’s capital could see a big boost in sales if Washington DC Mayor Muriel Bowser gets her way. She wants the city council to double the amount of MMJ patients are allowed to purchase each month, to 4 ounces from 2 ounces. City lawmakers must sign off on […]

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Washington DC permanently bans cannabis clubs

City lawmakers in Washington DC voted to slap a permanent ban on private clubs catering to marijuana users, eliminating the chance for recreational cannabis business opportunities in the nation’s capital. The DC Council’s 7-6 vote sends the measure to Mayor Muriel Bowser, who already has said she supports outlawing the clubs, Washingtonian magazine reported. District voters approved a […]

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Week in Review: DEA decision, raid response in MI & cannabis club vote in DC

By John Schroyer and Omar Sacirbey The U.S. Drug Enforcement Administration says it will decide soon whether to reschedule marijuana, Michigan attorneys develop a defense strategy for raided dispensaries, and Washington DC city leaders vote to ban cannabis social clubs. Here’s a closer look at several notable developments in the marijuana industry over the past week.

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