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Former Microsoft Exec’s Plan to Create Major National Cannabis Brand Faces Many Hurdles
Jamen Shively has generated a lot of buzz lately. After revealing plans late last year to launch a high-end marijuana business in Washington State for discerning smokers, the former Microsoft…
News May 31
Federal Lawmaker to Introduce Bill Tackling Top Problem for Medical Marijuana Industry: Taxes
US Congressman Earl Blumenauer is emerging as one of the biggest marijuana supporters in the halls of power, championing various initiatives recently that would help the cannabis cause. Now he’s…
News May 30
Moratoriums, Bans Could Dampen Recreational Marijuana Business Opportunities in Colorado
This week was a historic one in Colorado on the marijuana front, with Gov. John Hickenlooper officially signing laws regulating the production and sale of marijuana for adult use. But…
News May 29
Quarterly Financial Reports Highlight Challenges Facing Publicly Traded Medical Cannabis Companies
Medical marijuana sales are expected to grow by 15% this year to hit $1.5 billion, dispensaries are launching in several new markets across the country and retail cannabis stores are…
News May 28
Another Medical Marijuana Business Boom on Horizon? Cannabis Bills Advancing in Key States
The next few weeks could lead to a whole new chapter in the medical marijuana history books, with several influential states poised to pass bills that would greatly expand the…
News May 24
MedBox Profits Halved Despite Healthy Increase in Revenues, Growth of Medical Cannabis Industry
MedBox, which provides automated cannabis vending systems and consulting services to the medical marijuana industry, saw its first-quarter net income fall 56% as increased marketing, commissions and other expenses outpaced…
News May 23
Prop D prevails: New L.A. cannabis regs will have many business implications, positive and negative
A measure to regulate the medical marijuana industry in Los Angeles and limit the number of dispensaries to 135 beat out two competing proposals by a landslide, ushering in a…
News May 22
Los Angeles Marijuana Dispensaries on Edge With Voters Set to Reshape Nation’s Largest MMJ Market
(Update: The official results are in. See story here) It’s D-Day in LA. The estimated 700-plus dispensaries in Los Angeles will likely learn their fate sometime tonight after voters weigh…
News May 21
Weekly Wrap-Up: WA or CO Better for Cannabis Entrepreneurs? + Another State Leans Toward MMJ
First Colorado, then Washington. The two states that legalized marijuana for recreational use in November are both moving forward quickly on the regulatory side, with Colorado approving final rules on…
News May 20
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