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Ohio Group Predicts $2.2B in Sales if State Legalizes Marijuana
A group seeking to legalize both medical and recreational marijuana in Ohio estimates that annual retail cannabis sales could hit $2.2 billion by 2020 if its measure passes this November.…
News March 10Marijuana Zoning Proposal Creates Questions in Oregon
Marijuana growers in one Oregon county may face stringent new zoning rules that would limit where they can cultivate, but such a move could violate the state’s recreational cannabis law…
News March 101st American Indian MJ Trade Group Launches
The nation’s first marijuana trade organization for Native American tribes officially launches today. The National Indian Cannabis Coalition says it’s goal is to “inform and educate tribal leaders” on the…
News March 10CO Cannabis Companies Adopting New Marketing Strategies
Forced to operate under strict regulations that hamper marketing opportunities, some Colorado cannabis companies are getting creative. One medical marijuana dispensary sponsored a musical production of “Reefer Madness” to the…
News March 10FDA Warnings Could Signal Start of Heavier Scrutiny on Cannabis Industry
In late February, the U.S. Food and Drug Administration sent stern letters to six companies peddling CBD products over what the agency said were unfounded medical claims.
News March 10Medical Marijuana Legalization Bill to be Introduced in U.S. Senate
A measure to legalize medical cannabis at the federal level will be introduced in the U.S. Senate on Tuesday, and the news has marijuana proponents celebrating. “This is a significant…
News March 9Australian Firm Buys Big Stake in Canadian Marijuana Grower
An Australian mining firm has purchased a substantial stake in a Canadian medical cannabis business for cash and stock options. Capital Mining said it paid $7 million in cash plus…
News March 9Some Illinois Cannabis Cultivators Still Seeking Financing
Several Illinois companies that were awarded licenses to operate grow sites are still seeking millions of dollars in financing to stay afloat and build their facilities, sparking concerns that the…
News March 9Chart of the Week: Average Build-Out Costs for Dispensaries, Grows in Western MMJ Markets
By Marijuana Business Media staff Congratulations, you’ve gotten permission to run a medical marijuana dispensary or grow facility on a piece of commercial real estate. Now, be prepared to fork…
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