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Weekly Wrapup: MMJ Dispensary Progress Hits ‘Yellow Lights’ in CA, MD, IL and CT

In the week after federal authorities moved against all 63 marijuana retailers in Santa Ana CA, politicians across the US struggled to define local MMJ regulations in the hopes of…

News April 29
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83% of Existing Medical Marijuana Businesses Were Funded by Founders’ Own Wallets

By Anne Holland   As new-to-dispensaries states such as Massachusetts and Connecticut propose requiring dispensary founders to fund huge escrow accounts ($500k for MA and $2 million for CT), in addition…

News April 26
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Exclusive: Cannabis Clone Business Data & Insights from a Top CA Nursery

By Anne Holland   A top executive from Dark Heart Nursery, one of the largest medical cannabis clone nurseries in the San Francisco Bay Area, has revealed strain sales data and…

News April 25
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AZ’s MMJ Dispensary Revenues Projected to Reach $440 Million by 2016

By Anne Holland According to an economic impact study of the nascent AZ MMJ dispensary industry, retail sales of medical cannabis in the state could grow to as much as $440…

News April 24
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Cannabinoid Research Firm Cannabis Science, Inc. Could Go Under

By Anne Holland  [Updated as of 4/25/12]  According to its annual 2012 report filed today, Cannabis Science, Inc. (PINK:CBIS), may be in danger of shutting its doors. The company’s Form…

News April 23
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Two More Massachusetts Towns Considering Cannabis Dispensary Moratoriums as DPH Regulations Are Readied

By Anne Holland The Massachusetts towns of Natick (pop. 33k) and Marlborough (pop. 38k) are both considering joining several other cities in implementing moratoriums or outright bans on cannabis dispensaries.…

News April 23
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Weekly Wrapup: 5 Cannabis Business Takeaways From Denver 4/20 Events

Last week, we wrote about how some medical marijuana companies in Colorado decided to target the recreational crowd for the first time on 4/20 in light of cannabis legalization, seeing…

News April 22
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Rhode Island Welcomes 1st MMJ Center, Becomes 11th State in US With Dispensaries

The first medical marijuana center in Rhode Island opened its doors today, ushering in a new era for the state's fledgling MMJ industry after lengthy delays raised doubts about its…

News April 19
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Fate of San Diego Dispensaries, Local MMJ Industry on the Line as City Council Debates Ordinance

The San Diego medical marijuana community is holding its collective breath as the city considers legal changes that would pave the way for dispensaries and lead to a revival of…

News April 18
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