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California Teamsters contribute to group opposing MJ legalization
One of California’s biggest unions labor has contributed $25,000 to a group dedicated to defeating adult-use marijuana legalization this year in the state. The California Teamsters chapter gave the money to…
News May 25
Arizona medical cannabis industry poised for growth, competition
By John Schroyer Arizona’s medical marijuana market, already one of the largest in the nation, will soon undergo a major transformation – one that could create fiercer competition for existing…
News May 25Speaker Ryan: CBD legalization may pass U.S. House
The top elected Republican in the United States said the U.S. House of Representatives may vote to legalize CBD, potentially opening a bounty of new market opportunities for this form of…
News May 24Philippines President-Elect Supports Use of Medical Cannabis
The president-elect of the Philippines, Rodrigo Duterte, signaled he supports the use of marijuana for medical purposes, possibly opening the door to significant new MJ business opportunities in Asia.
News May 24
Crowdfunding Now Viable Financing Option for Cannabis Companies
By Omar Sacirbey New federal rules allowing small businesses to tap ordinary folks will give upstart marijuana companies a sorely needed alternative to traditional sources of financing such as angel investors…
News May 24Nasdaq shoots down MassRoots for stock listing
Denver-based MassRoots, the popular social network for cannabis enthusiasts, failed again to secure a public listing on the Nasdaq, a setback for marijuana companies hoping to trade on a major U.S.…
News May 24Michigan Appeals Court Deals Blow to Cannabis Dispensaries
Dispensaries in Michigan may be on their last legs after a state court of appeals effectively ruled that medical marijuana patients only can get their medicine by growing it themselves…
News May 23Nebraska MMJ Legalization Supporters Abandon Petition Drive
Advocates of legalizing medical marijuana in Nebraska have abandoned a petition drive to put the measure on the November ballot, saying they lacked time and money. The petition effort surfaced…
News May 23
Chart of the Week: Illinois’ Medical Marijuana Market Gaining Steam
By Marijuana Business Daily staff After a relatively slow start, the medical marijuana industry in Illinois is finally seeing some sizable growth – both in retail sales and patient counts. Monthly medical…
News May 23
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