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Hemp farming escalating in KY, downsizing in TN
While hemp production is rapidly expanding in Kentucky, the number of farmers sowing the crop is being cut in half in neighboring Tennessee. In Kentucky, according to the Commonwealth Journal,…
News March 21New York MJ Business Reveals Banking Partner
One of the 50 largest credit unions in the United States is banking legalized medical marijuana money. Ari Hoffnung, CEO of Vireo Health of New York, revealed to the Albany…
News March 21SCOTUS Tosses Colorado Recreational Cannabis Lawsuit
Colorado recreational cannabis businesses can relax: The U.S. Supreme Court won’t be overthrowing the state’s 2012 voter-approved law. The court announced Monday morning that it had decided by a 6-2 vote not…
News March 21CanopyBoulder raises $2M for 2016 MJ business investments
CanopyBoulder, a business accelerator based in Colorado, announced on Friday it has completed yet another seven-figure round of fundraising to invest in startups. The accelerator raised $2 million to help…
News March 21
Chart of the Week: Profit Margins for Infused Products Can Be Sky High
By Marijuana Business Daily staff Making marijuana-infused chocolate bars, sodas, oils and patches can be a highly profitable endeavor. Profit margins for infused products and concentrates companies in the cannabis sector typically…
News March 21MMJ Company Appealing to Google Over Rejected Online Ads
Vireo Health, one of the five licensed medical cannabis businesses in New York, is trying to persuade Google to change its mind about running ads from the company. Google has rejected…
News March 18Privateer Wins Major Public Relations Award
PR Week, a major advertising magazine, awarded cannabis equity firm Privateer Holdings and its public relations company, Colehour and Cohen, its top honor for “Investor/Financial Communications Campaign of the Year.”…
News March 18Report: New Jersey Has Highest MMJ Prices in Nation
New Jersey’s five operating medical cannabis dispensaries may have the highest MMJ prices of any market in the country, according to the state’s own officials. The state department of health…
News March 18Effort to Expand New York’s MMJ Program Underway
Several bills proposed in New York seek to expand the list of qualifying conditions, double the number of dispensaries, and allow nurse practitioners and physician assistants to recommend patients for…
News March 18
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