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Diversity is not the same as equity in US cannabis industry
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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 18Flood 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 18Ohio 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 17AZ 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 17Lawyers 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 17Four 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 17MA 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 16Appeals 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…
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