MJBizDaily
Federal marijuana rescheduling means institutional capital is coming to cannabis investing
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Michigan to permit online registrations for medical marijuana patients, doctors
In a move that could boost dispensary sales in Michigan, medical marijuana patients and their doctors will be able to register and renew registrations for the state’s MMJ program online…
News September 21
Navy Capital leads $6 million funding round for Los Angeles cannabis firm
Los Angeles-based marijuana extracts firm Field is poised to expand into new markets after closing a $6 million funding round. The raise was led by: Cannabis investment fund Navy Capital under managing…
News September 21
Judge allows Montana medical marijuana dispensary in Billings to operate – for now
A judge is allowing a Montana medical cannabis dispensary to continue operating at least temporarily after questioning whether the state health department violated the owner's right to due process in revoking his…
News September 21
Week in Review: Michigan MMJ closures reversed, MJ owner convicted of tax crimes & feds OK marijuana imports for research
A judge bars Michigan from closing 98 medical marijuana businesses, an operator of two MMJ dispensaries in Oregon is sentenced to prison for federal tax crimes, and the U.S. Drug Enforcement…
News September 21
Medical marijuana firm raises $15M ahead of Australian Stock Exchange listing
An Australian medical marijuana company raised $20 million Australian dollars ($14.6 million) in its initial public offering and will begin trading Friday on the Australian Stock Exchange. Melbourne-based Althea Group will…
News September 20
Metrc software issues spur MD marijuana regulators to enact temporary retail rules
Persistent outages and slowdowns involving Maryland's seed-to-sale tracking software, Metrc, have forced state medical marijuana regulators to override regulations governing patient purchases five times in the past two weeks in…
News September 20
California cannabis distributor threatens legal battle with feds over cash seizure
A California marijuana distribution company plans to file a lawsuit soon over what its attorney alleges is a "conspiracy" between the state Highway Patrol and the U.S. Department of Homeland…
News September 20
Marijuana software firm MJ Freeway raises $10 million to invest in new technology
Denver-based MJ Freeway, a point-of-sale system and government traceability software provider for the cannabis industry, has completed a $10 million raise. According to a news release, the Series C raise…
News September 20
California governor vetoes state tax deduction bill for cannabis businesses
California Gov. Jerry Brown vetoed a bill that would have given a tax break to all licensed marijuana businesses, dealing a setback to MJ companies hoping to reduce their state tax…
News September 20
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