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Toronto Marijuana Dispensary Crackdown Looming

Dozens of unlicensed medical cannabis dispensaries in Toronto are about to get a major wake-up call. The city – estimated to have at least 78 storefront dispensaries – will begin…

News May 16

Report: Marijuana Legalization Could Yield $28B in Tax Revenues

The marijuana industry could generate up to $28 billion in tax revenues for federal, state and local governments if Uncle Sam legalized cannabis, according to a report from the nonprofit…

News May 16
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Chart of the Week: 21,000-33,000 Businesses in U.S. Tied to Marijuana Industry

By Marijuana Business Daily staff Tens of thousands of businesses in the United States are tied to the cannabis sector in some fashion, underscoring the marijuana industry’s reach and scope.…

News May 16

WA Study: Licensed Growers Meet Demand

The amount of marijuana allowed to be grown by state-licensed producers in Washington State is enough to meet the state’s medical and recreational demand, according to a study released May…

News May 13

Colorado Marijuana Retailers Still Battling Black Market

Licensed cannabis dealers in Colorado are still doing battle every day with the black market, even though Denver cops are trying to crack down on illegal online sales. One of…

News May 13

Montana Dispensary Org Appeals to U.S. Supreme Court

Facing the closure of all dispensaries in the state, the Montana Cannabis Industry Association (MTCIA) on Thursday filed an appeal to the U.S. Supreme Court as part of a last-ditch…

News May 13
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Week in Review: Landmark lawsuit, disparate MJ polling & FL conference wrapup

A lawsuit in Colorado signals a new era for the cannabis industry, polling numbers in three states paint differing pictures, and business leaders gather for the Spring 2016 Marijuana Business…

News May 13

Texas MJ Firm Lines Up $1M for Dallas Hemp Cafe

A Dallas cannabis company said it has reached an agreement  to receive a $1 million capital injection to fund a hemp cafe planned for an affluent suburb north of the city.…

News May 13

Colorado Changes Residency Requirement for Marijuana Businesses

Now awaiting Colorado Gov. John Hickenlooper’s signature: A bill to allow out-of-state individuals to take ownership roles in licensed marijuana companies, a major shift that could open the financial floodgates…

News May 12
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