U.S. Congressional hearing on marijuana banking boosts industry’s hopes for reform, California’s governor announces that National Guard troops will combat illegal marijuana grows, legal cannabis sales top $6 billion in Colorado – plus other important news from around the cannabis industry.Read More
Longtime marijuana advocate Steve Fox has left the National Cannabis Industry Association, which he co-founded, to join the upstart Cannabis Trade Federation to promote federal MJ reform. “It is a larger lobbying team at CTF with a lot of reach into a lot of different offices,” Fox told Marijuana Business Daily. “And, from the perspective of […]Read More
A relatively new marijuana trade association is aggressively targeting federal cannabis law reform. According to The Hill, the Cannabis Trade Federation (CTF) hired 15 lobbyists to work in Washington DC to boost the STATES (Strengthening the Tenth Amendment Through Entrusting States) Act. The proposed national legislation would shield state-legal marijuana programs from federal interference as well as […]Read More
In an ideal world, cultivators would have the luxury of time when it comes to drying and curing their cannabis.
They’d take 30-60 days – waiting, sniffing, eyeing and “burping” – to achieve the ideal cannabinoid and terpene profile for each lovingly grown flower.
But in the real business world, larger cultivators need to get product out the door. They don’t have one or two months to spend on curing.
That doesn’t mean, however, that cultivators must sacrifice quality for large-scale commercial production.Read More
As owner of the National Holistic Healing Center, a Washington DC dispensary that serves roughly 2,000 patients, Chanda Macias has found success pairing scientific and medical expertise with corporate experience. She hopes to use that same formula to help turn around Women Grow, the once high-flying cannabis professionals group that more recently has experienced the closure […]Read More
A letter to 10 major Congressional leaders from 19 attorneys general asks Congress to push through legislation that would allow states with medical or recreational marijuana laws to bank as other business do. The group suggests that Congress give special attention to measures such as the Secure and Fair Enforcement Banking Act (SAFE). Congressman Ed Perlmutter, D-Colorado, introduced […]Read More
A medical marijuana company in Israel that already has a business presence in the United States is expanding that footprint by partnering with a Washington DC-based MMJ grower. Tikun Olam, an Israeli MMJ firm that specializes in genetics, said in a news release that it’s going into business with Alternative Solutions, one of the few […]Read More
A New Jersey court tells the state to review how it classifies marijuana, Cleveland imposes strict limits on where MMJ companies can locate, and the FDA issues warnings to CBD producers. Here’s a closer look at some notable developments in the marijuana industry over the past week.Read More
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 […]Read More
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 […]Read More
By Eli McVey Washington DC’s medical cannabis market is one of the smallest in the nation, but the program is adding patients at a healthy clip – and new business-friendly regulations as well as increased public outreach could push the numbers much higher.Read More
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.Read More
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