By Bart Schaneman A new self-regulatory organization aims to tackle a problem plaguing the cannabis industry: a lack of industrywide standards governing areas such as packaging, accounting and public safety. It also hopes to play a role in resolving another issue: federal government interference.Read More
By Bart Schaneman Nevada recreational marijuana sales began with a bang this past weekend, with store owners reporting that purchases far outpaced those of medical cannabis as the state became the fifth in the nation to offer adult-use products.Read More
By Eli McVey As Massachusetts lawmakers debate a compromise to the adult-use marijuana law voters passed last November, industry observers are concerned the proposed bill – and a potential doubling of the tax rate on recreational cannabis – may weaken consumer demand for legal MJ and in turn bolster the state’s black market.Read More
By Omar Sacirbey and Bart Schaneman Nevada is poised to launch recreational marijuana sales, a cannabis-friendly credit union makes progress in a court case, and Canada’s Canopy Growth is registering losses while expanding its production capacity. Here’s a closer look at some notable developments in the marijuana industry over the past week.Read More
By Bart Schaneman
Washington state’s updated marijuana rules serve notice that regulators are feeling pressure from a U.S. attorney general who opposes legalized cannabis.
The regulations guide the state’s cannabis businesses toward stricter compliance with the Cole Memo – the sector’s best protector against the federal government.Read More
By John Schroyer
Ancillary cannabis firm PotCoin grabbed national media attention in mid-June when it sponsored former NBA star Dennis Rodman’s highly publicized trip to North Korea.
The coverage was considered a coup as major mainstream outlets such as CNN, The Washington Post and Business Insider picked up the story.Read More
By John Schroyer
California took a big step forward in June by passing a law designed to streamline government oversight for the state’s medical and recreational marijuana industries.
Because the new measure combines two laws, it’s complicated.
So Marijuana Business Daily enlisted cannabis attorney Khurshid Khoja to help break it down.Read More
By Eli McVey With 165,000-230,000 full- and part-time workers, the U.S. cannabis industry has quickly become a major job generator. Cannabis-related businesses now employ more people than there are dental hygienists and bakers in the United States and will soon surpass the number of telemarketers and pharmacists.Read More
By Omar Sacirbey, Bart Schaneman and John Schroyer Massachusetts lawmakers propose an overhaul to a voter-approved measure to legalize recreational cannabis, Pennsylvania awards 12 medical marijuana cultivation licenses, and Oregon continues to have MJ testing issues. Here’s a closer look at some notable developments in the marijuana industry over the past week.Read More
By John Schroyer
A ruling by a Nevada judge has jeopardized the planned July 1 start date for early adult-use marijuana sales, but some retailers believe they’ll be able to move ahead as planned.
At least until they run out of inventory.Read More
By Margaret Jackson South Carolina is gearing up to become the latest state to allow hemp cultivation, a move that’s expected to create opportunities for farmers, makers of hemp-based products and ancillary companies offering goods and services to those growing and processing the plant.Read More