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Week in Review: Maine’s rec cannabis progress, John Boehner’s reversal & tech giant’s MJ interest

Maine moves a step closer to rolling out recreational marijuana, former U.S. House Speaker John Boehner does an about-face on MJ legalization, and Hewlett-Packard becomes the latest big corporation to enter the cannabis industry. Here’s a closer look at some notable developments in the marijuana industry over the past week. All but done, finally Nearly […]

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While Weedmaps battles state, its executives seek cannabis distribution license in California

Two of the masterminds behind Weedmaps – perhaps the most successful online advertising platform for cannabis businesses – are working to set up a new company that would be directly involved in California’s marijuana supply chain. The venture recently moved a step closer to fruition when the proposed business received conditional approval for a distribution […]

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Medical marijuana states experience wide spectrum of wholesale prices, supply

The wholesale price and supply situation for various state medical marijuana markets is a mixed bag, with different regulations, patient counts and product availability generating diverse situations. In New Mexico, for example, medical marijuana business owners are experiencing increased demand and rising prices. Elsewhere, however, MMJ business owners are suffering the same fate as their […]

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Impending ruling on epilepsy drug has CBD industry on alert

The most disruptive product to hit the newly legal hemp industry might be one that will never be sold directly to consumers. GW Pharmaceuticals, a London-based biotech company, is awaiting a final decision from the U.S. Food and Drug Administration to produce the first cannabis-derived treatment to win approval as legal medicine. The decision on […]

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Chart: Breakdown of California marijuana companies that got cease-and-desist letters

Nearly 1,000 individual cannabis businesses have been sent cease-and-desist letters or emails by California regulators during an ongoing enforcement process, a first step in a long effort to ensure the state’s industry is fully regulated and operating like those in more mature markets. According to a list obtained by Marijuana Business Daily, as of April 4, […]

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Week in Review: Illinois’ MMJ banking, Massachusetts’ rec licensing & Florida lawsuit

An Illinois bank stops serving Illinois medical marijuana businesses, Massachusetts begins its recreational cannabis licensing process, and a Florida MMJ company takes the state to court. Here’s a closer look at some notable developments in the marijuana industry over the past week. Illinois banking issue The Bank of Springfield’s decision to quit working with Illinois […]

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California testing labs expect marijuana ‘bottleneck’ in July

Marijuana testing labs are going to be the gatekeepers for California’s legal cannabis industry come July 1, when only lab-tested products may be sold by licensed retailers. And that means this summer could become a pain for any licensed cannabis company in the Golden State since most labs are predicting a shortage of testing services, […]

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Marijuana businesses experimenting with blockchain technology, but skeptics persist

A small yet growing number of marijuana businesses are adopting or experimenting with a nascent technology born out of the cryptocurrency phenomenon. Advocates say the technology, known as blockchain, could potentially: Solve the payment and banking hurdles facing cannabis businesses. Help companies obtain loans. Be used for seed-to-sale tracking – a common requirement in legal […]

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