DC Medical Cannabis Business & Marijuana Legal News

Washington DC medical marijuana firm raises $3 million in financing

Bart Schaneman  | September 22, 2017

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 Full Moon Investments, a private fund adviser, to finance the deal, according to a news release.

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Chart: Washington DC’s medical marijuana industry poised for more growth

Eli McVey  | May 15, 2017

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.

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

John Schroyer  | March 29, 2017

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.

DC to authorize sixth medical cannabis dispensary

John Schroyer  | March 22, 2017

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 …

Big changes coming for DC’s medical cannabis businesses

John Schroyer  | October 27, 2016

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.

Week in Review: Cannabis legalization in North America, MJ clubs whacked & Oregon flood

John Schroyer  | April 22, 2016

By John Schroyer

Canada and Mexico signal they’ll move ahead with cannabis legalization, marijuana clubs hit local pushback, and entrepreneurs flood Oregon with applications to operate in the state’s new recreational cannabis market.

Here’s a closer look at several notable developments in the marijuana industry over the past week.

Washington DC permanently bans cannabis clubs

Roger Fillion  | April 20, 2016

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 …

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

John Schroyer  | April 8, 2016

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.

Washington DC council bans marijuana clubs

Omar Sacirbey  | April 7, 2016

The Washington DC City Council has decided to ban cannabis smoking clubs following a narrow 7-6 vote Tuesday, Reuters reported.

City representatives and Mayor Muriel Bowser, who opposes the clubs, have grappled with the issue almost since District of Columbia voters approved recreational marijuana in 2014. The law, which went into effect in 2015, permits …