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Philippines 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
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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 24

Nasdaq 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 24

Michigan 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 23

Nebraska 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
illinois mmj

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

U.S. House Paves Way for Veterans to Get Easier MMJ Access

The medical marijuana market moved towards a significant expansion and greater legitimacy after the U.S. House of Representatives voted to allow Department of Veterans Affairs doctors to recommend medical marijuana…

News May 20
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Week in Review: Maryland medical marijuana downshift, Toronto crackdown & MA logjam

By Omar Sacirbey and John Schroyer Maryland’s fledgling medical marijuana program downshifts, Toronto dispensaries brace for a crackdown, and a licensing bottleneck in Massachusetts throws the state’s MMJ program into…

News May 20

Louisiana governor signs landmark medical marijuana bill

Louisiana Gov. John Bel Edwards has signed a landmark bill to create a viable medical marijuana program, paving the way for MMJ to be available to patients for the first…

News May 19
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