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Billion-dollar fund manager plans MMJ investment trust
First Trust Portfolios, an Illinois-based fund manager that oversees more than $100 billion, has filed paperwork to establish an investment vehicle containing medical marijuana stocks. The move underscores how mainstream investment…
News May 31Arkansas readies medical cannabis application process
The Arkansas Medical Marijuana Commission is close to finalizing the details governing new business license applications to cultivate and sell MMJ, including how the agency plans to score permit applicants. The application…
News May 31Florida health department to write MMJ rules without lawmakers
Because Florida lawmakers in Tallahassee failed to reach an agreement on rules to govern the state’s medical cannabis industry, the state health department is going ahead without them. The Department…
News May 31Questions swirl over financial viability of Minnesota’s medical marijuana program
Is Minnesota's highly restrictive medical cannabis program viable in the long term? Or will it prove to be an extremely expensive but failed experiment?
News May 31Ohioans buying Michigan medical cannabis before state’s sales start
Ohioans wanting medical marijuana have been crossing the border into Michigan as they wait for MMJ sales to start in their state.
News May 30Canada streamlines medical marijuana licensing process
Canadian regulators have implemented new rules intended to streamline the licensing process for medical marijuana producers, a move aimed at boosting the overall output of MMJ and the number of legal…
News May 30Colorado panel to study industrial hemp use for animal feed
A Colorado task force will study the use of industrial hemp for animal feed as soon as this summer, thanks to a new state law aimed at broadening the plant’s…
News May 30Chart: Retail marijuana sales vs. other industries & goods
By Eli McVey With revenue of $4 billion-$4.5 billion, sales of legal recreational and medical marijuana in 2016 topped those of Viagra and Cialis, paid music streaming services, tequila and…
News May 30Marijuana Business Daily to resume publishing Tuesday
Marijuana Business Daily is closed for Memorial Day and will resume publishing Tuesday with the next Chart of the Week.
News May 29












