MJBizDaily
Adult-use marijuana legalization appears dead in Pennsylvania – again
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Appeals court: DOJ can’t prosecute state-legal MJ businesses
In a big win for licensed marijuana companies, a federal appeals court in California ruled Tuesday that the U.S. Department of Justice can’t spend money to prosecute cannabis businesses that…
News August 16Alaska credit union ending ties with MJ-related accounts
A federally chartered credit union in Alaska has moved to sever ties with 10 personal accounts linked to individuals launching cannabis-related businesses. The decision by the Alaska USA Federal Credit…
News August 16
Tuatara’s big raise underscores improving landscape for cannabis financing
By Omar Sacirbey Tuatara Capital’s recent success at raising a record $93 million for marijuana industry-related investments signals that deep-pocketed investors increasingly are embracing cannabis businesses. Moreover, the U.S. Drug Enforcement Administration’s…
News August 16British Government to Test CBD Product
Britain’s National Health Service is set to run tests on a CBD product that’s been on the market in the United Kingdom for over a year. The test results could lead…
News August 16Medical Marijuana Inc. partners with CannaNative on CBD product
California-based Medical Marijuana Inc. and Native American company CannaNative have put together a hemp-derived CBD product line to be sold on tribal lands. The companies said in a news release…
News August 15MD Names Preliminary Winners for Grower, Processor Licenses
Maryland’s Medical Cannabis Commission on Monday unveiled the names of the 15 cultivators and 15 processors who won preliminary approval to secure licenses, marking another step forward for the state’s medical…
News August 15New Mexico Lawyers Warned About Medical Marijuana Clients
The New Mexico State Bar Association is cautioning local attorneys about representing medical marijuana cultivators and dispensaries, warning they could be violating state rules of professional conduct. An opinion issued last week…
News August 15Ohio MMJ market could generate $200M-$400M in sales
Ohio’s medical cannabis industry could eventually generate between $200 million and $400 million in annual retail sales via dispensaries once the market matures, according to preliminary estimates by Marijuana Business…
News August 15
Chart of the Week: Estimated $100M in Colorado recreational sales tied to leisure tourists
By Eli McVey Cannatourism is alive and well in Colorado. Travelers who visited the state primarily for leisure purposes spent roughly $98 million at recreational marijuana stores last year, accounting…
News August 15
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