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Week in Review: Maine legalization, California dispensary lawsuit & Illinois MMJ licensing

By John Schroyer Two very different visions of recreational legalization emerge in Maine, a California dispensary gets a break in an important lawsuit, and Illinois’ medical marijuana program inches forward.…

News February 13

Illinois MMJ Grow License Challenged

An applicant that lost out on its bid to cultivate medical cannabis in Illinois is fighting the decision to award a permit to another group, which could usher in a…

News February 13
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Former University President Heads NV Cultivation Business

A  company headed by a former university president has won local approval to cultivate medical cannabis in Reno, Nevada. The Reno City Council awarded a “privileged business license” to Sierra…

News February 12

HempMeds to Add 100 Employees as Part of Expansion

HempMeds, a subsidiary of Medical Marijuana Inc., is planning some aggressive moves to expand this year. The company said it expects to add roughly 100 employees in 2015 to its…

News February 12
cannabis sales

Colorado Marijuana Industry Firing on All Cylinders as Annual Sales Hit $700M

By John Schroyer Behold, the power of cannabis. Dispensaries and retail cannabis stores in Colorado generated nearly $700 million in marijuana revenues last year, when the state became the first…

News February 12

Brewery and Rec Shop Teaming Up

Call it a business match made in heaven. A well-known Colorado microbrewery is teaming up with a long-established marijuana shop with a new marketing strategy targeting both beer drinkers and…

News February 11
marijuana recall

Canadian Company Forced to Recall MMJ Over Potency

A Canadian cannabis company is recalling two batches of medical marijuana that the government claims are too potent. Peace Naturals Project Inc. had labeled the marijuana as containing 9.07% THC.…

News February 11
Matthew Walstatter

Guest Column: Medical Marijuana Must Remain a Key Component of Recreational Markets

By Matthew Walstatter With the recreational marijuana industry taking root in two states last year and poised for further expansion into new markets, a great deal of attention is being…

News February 11

Marijuana Business Accelerator Raises $1.2 Million

It seems like marijuana investors are practically falling from the sky these days. CanopyBoulder, a new Colorado-based business accelerator focused on helping ancillary cannabis companies, has already raised $1.2 million…

News February 11
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