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NY Marijuana Bill Could Generate $1.5B in Big Apple

Forget medical marijuana. A New York lawmaker wants to skip MMJ entirely and head straight for the legalization of recreational cannabis. On Wednesday, state Sen. Liz Krueger introduced a proposal…

News December 12

High-Level Cannabis Banking Discussion Held

A watershed moment for cannabis banking could be on the horizon. A group of finance leaders, federal regulators and law enforcement officials met today in Washington DC for a closed-door…

News December 12

Uptick in Denial Rate for Colorado MMJ Applications

Nearly a quarter of all medical marijuana business applications processed in Colorado since September have been denied by the state, a higher rate than the average over the past few…

News December 12

GrowLife Hires Former Yahoo, Microsoft Exec

California-based GrowLife Inc., which sells cultivation equipment and operates hydroponics stores across the country, has hired a former executive with Yahoo and Microsoft to join its management team. Marco Hegyi…

News December 11

Uruguay 1st country to legalize marijuana

Lawmakers in Uruguay voted to legalize and regulate marijuana this week, making it the most progressive country in the world when it comes to cannabis regulation. It is now the…

News December 11

Certification Program for Cannabis Businesses Launching

Americans for Safe Access (ASA) will launch its standards and certification program for medical marijuana businesses later this week. The Patient Focused Certification program aims to offer industrywide operational standards…

News December 11
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‘Marijuana’ Mayor: MMJ Businesses Should Engage & Educate Community, Cannabis Opponents

The marijuana industry scored another victory last week when Robert Jacob was named mayor of Sebastopol, California, marking the first time an MMJ business owner has been selected for the…

News December 11

Delays in CO Tied to Inventory Tracking System

Cannabis dispensaries in Colorado have been slow to utilize the state-mandated inventory tracking system, complaining that it’s difficult to implement. As a result, several businesses told Marijuana Business Daily that…

News December 11

San Jose Debates Dispensary Rules

Officials in San Jose, California, will debate marijuana dispensary regulations tonight, including a proposed citywide ban. California’s third-largest city does not currently have a regulatory system for marijuana businesses; however,…

News December 10
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