Recreational Marijuana News

45 marijuana firms join forces to set industrywide environmental, ethical goals

An alliance of 45 large marijuana businesses wants the public to know they’re good corporate citizens. The Global Cannabis Partnership, which includes Canada’s Canopy Growth Corp., issued guidelines aimed at minimizing greenhouse gas emissions and promoting ethical conduct and responsible cannabis use. The emerging marijuana industry is “in a unique position to set a new […]

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Michigan accelerates medical marijuana business licensing

In the past month and a half, the state of Michigan has dramatically increased turnaround times for processing and approving medical cannabis business license applications. In May alone, the new state Marijuana Regulatory Agency (MRA) ruled on 213 medical cannabis business permit applications, the Detroit Free Press reported. That’s up from an average of 95 […]

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Los Angeles seeking advisers for cannabis social equity program

The Los Angeles Department of Cannabis Regulation (DCR) issued a request for qualifications as it searches for consultants to help shape what is thought to be the largest municipal marijuana social equity program in the nation. The agency is looking for “consultants to develop and conduct business development curriculum, training, business, licensing and compliance assistance, and […]

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California doesn’t plan to raise marijuana excise tax in July

Although the California cannabis industry probably won’t see any state-level tax relief anytime soon, at least the excise tax won’t go up in July. The state Department of Tax and Fee Administration (CDTFA) confirmed in an email to Marijuana Business Daily that the 60% markup rate that provides the basis for California’s 15% excise tax will […]

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Cannabis firm Acreage, Maine partner might sue over state residency requirements

The largest medical marijuana company in Maine threatened to sue the state if it doesn’t alter course on proposed residency requirements for recreational cannabis business permits. According to the Portland Press Herald, MMJ provider Wellness Connection has financial ties to New York-based multistate operator Acreage Holdings, and the recreational rules as currently written would prohibit […]

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Chart: Massachusetts recreational marijuana sales approach $140 million

After six full months of operations, Massachusetts adult-use marijuana sales continue to rise, with aggregate sales approaching $140 million through the last week in May. The market enjoyed a solid launch the week of Thanksgiving 2018, and Massachusetts retailers have seen average month-over-month sales increases of 21% between December 2018 – the first full month of […]

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Marijuana Business This Week: MJBizConNEXT sees the future, critical California CBD hearing, Ohio eyes MMJ expansion & more

Here are some notable stories and events in the cannabis industry to watch for in the coming days: WHAT’S NEXT: More than 4,000 attendees and 300 exhibitors are flocking to New Orleans for MJBizConNEXT 2019, where they will contemplate what’s ahead for the ever-changing cannabis and hemp industries. For three days beginning Wednesday at the […]

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New lawsuit alleges marijuana delivery giant Eaze engaged in payment processing fraud

Cannabis tech platform and delivery giant Eaze Solutions is facing a new legal challenge to its business model, this time from a Canadian competitor that also runs a delivery platform in California. Toronto-based DionyMed filed suit against Eaze in San Francisco County Superior Court, alleging the California company uses wire and bank fraud to process credit and […]

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California cannabis trade group threatens to sue L.A. over lack of enforcement against illegal shops

Unlicensed marijuana shops still plague Los Angeles’ legal cannabis operators, and the California Minority Alliance (CMA) said it may sue the city attorney’s office if the agency doesn’t step up enforcement efforts against illicit businesses. The organization sent a letter to L.A. City Attorney Mike Feuer seeking more enforcement against illegal shops, which some estimate still […]

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Washington state warns marijuana firms to follow rules when sending text ads

Washington state regulators advised cannabis businesses to follow regulations that provide warnings when sending out text messages as advertisements, just as with any other marijuana ad. The Washington State Liquor and Cannabis Board issued a notice that aside from outdoor ads, all advertising must include the following information: The product has intoxicating effects and may […]

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