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No Clemency for Montana Medical Marijuana Dispensaries

A Montana judge has denied a last-ditch appeal to postpone the closure of medical marijuana dispensaries until after the November election, meaning the state’s dispensaries will either all shutter after Aug.…

News August 18

Once High-Flying Barclays Banker Backs CA Cannabis Venture

A once high-flying banker at Britain’s Barclays Plc plans to use his financial savvy to capitalize on California’s marijuana industry. Richard Jenkins, one of Barclays’ highest paid bankers, is behind a California investment fund that…

News August 18

SD Tribal Consultants Enter Opposing Pleas in Narcotics Case

A pair of Colorado-based consultants who were contracted to help a South Dakota tribe start a marijuana resort on Native American land have entered opposing pleas in connection with state narcotics…

News August 18
Image of Arizona flag and medical marijuana

Flood of dispensary applications in Arizona signals keen market interest

By John Schroyer Arizona recently opened the door to a new wave of licensing for medical marijuana dispensaries, and got flooded with 750 applications for just 31 permits. It is…

News August 18

Ohio Supreme Court Weighs MMJ Rule Change for Lawyers

The Ohio Supreme Court signaled Wednesday it might rewrite its ethics rules to permit lawyers in the state to help medical marijuana businesses, a move that would no doubt be welcomed…

News August 17

AZ rec referendum triggers rush for medical marijuana licenses

Arizona’s ballot measure to legalize recreational marijuana has triggered a deluge of applications for a limited number of state medical marijuana licenses that will be awarded in October. Some 750…

News August 17
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Lawyers warned in select states about working with medical cannabis firms

By Omar Sacirbey Legal ethics panels in a few states – most recently New Mexico and Ohio – have warned local attorneys that helping medical marijuana businesses can be a violation of professional…

News August 17

Four cannabis companies on Inc. 500 list

Four cannabis-related firms – including Marijuana Business Daily – have been named to Inc. magazine’s annual list of the 500 fastest-growing private companies in the nation, yet another indication of how legitimate…

News August 17

MA Town Nixes Dispensary, Forgoing Big Revenue Stream

A Massachusetts town has rejected a deal with a medical cannabis dispensary, in essence turning down hundreds of thousands of dollars in future revenue under the proposed terms. The move…

News August 16
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