Through Nov. 16, cannabis firms across North America have raised $13.1 billion. That’s more than five times the amount raised during the same period in 2017.Read More
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Amid this month’s election hubbub, one Northern California county’s vote tally opened the door to potentially hundreds of marijuana growers entering the state’s legal cannabis market. In rural Calaveras County – which enacted a commercial MJ cultivation ban in January – two candidates beat out anti-marijuana officials on the five-member county board of supervisors, making the repeal […]Read More
MJBizCon, which is hosted by Marijuana Business Daily, continues to smash attendance records amid strong, ongoing growth in the cannabis industry, solidifying its position as one of the fastest-growing trade shows in the nation.
This year’s conference attracted more than 27,000 cannabis professionals to the Las Vegas Convention Center, a record for the event and the marijuana industry.Read More
Oregon cannabis businesses fall behind on their tax obligations, Ohio inches closer to launching its tardy medical marijuana program, and some Michigan cities are prohibiting adult-use MJ companies. Here’s a closer look at some notable developments in the marijuana industry this week. Oregon tax crunch Oregon marijuana businesses may owe the state up to $15.7 […]Read More
The newest draft of California’s permanent marijuana business regulations could, if adopted, produce financial fallout and a licensing logjam for a variety of cannabis companies – from edibles makers and retailers to delivery businesses and growers. In particular, the proposed rules – released last month by state regulators – could: Shrink the revenues of companies […]Read More
Three more states could prove likely candidates to legalize recreational cannabis in 2019. Uncle Sam may be poised to reform the nation’s marijuana laws. And annual medical marijuana sales in the United States are projected to drop for the first time in 2018 – but the decline is expected to prove short-lived. Those were just three […]Read More
The annual MJBizCon that began Wednesday is again setting record numbers for attendance and exhibitors, mirroring the marijuana industry’s explosive growth and its bullish prospects after voters approved three new cannabis markets worth up to $2 billion. Roughly 25,000 marijuana industry professionals, investors and entrepreneurs are expected to attend the three-day conference at the Las […]Read More
Of all the choices cannabis investors make as they consider where to place their bets, few are more important than the deals they turn down, according to Codie Sanchez, a partner at early stage investment funds CS Ventures and Magma Partners. “In investing, you have to say no to 100 times more deals than you […]Read More
Of the myriad decisions entrepreneurs make as they grow their marijuana companies, few are more critical to a business’ financial future than the legal structure chosen at the get-go.
From taxes to raising money to a founder’s personal liabilities, the structure of a company can make or break its chances for success.Read More
Colorado’s adult-use marijuana market continues to surge nearly five years after the launch of recreational sales in the state. Through August 2018 – the most recent data available from the Colorado Department of Revenue – recreational marijuana sales topped $800 million and the state is on pace to surpass $1.2 billion by the end of […]Read More
A New Mexico judge strikes down the state’s cap on the number of plants medical marijuana producers can grow, Attorney General Jeff Sessions is fired, and a top cannabis regulator in Massachusetts says adult-use sales are expected to begin soon in the Bay State. Here’s a closer look at some notable developments in the marijuana industry […]Read More