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
Get our daily email
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
As the marijuana market in the Golden State grows and matures, business owners are facing dueling challenges:
MJ entrepreneurs are finding it’s particularly tough to obtain a business permit in Los Angeles.
Lawsuits involving trademarks and proprietary business information are popping around the state.Read More
U.S Attorney General Jeff Sessions, who less than a year ago stunned the marijuana industry by ripping up Obama-era protections for state-legal MJ businesses, has been forced out by President Trump.Read More
This week was the single largest capital raise week for the industry, bolstered by the official close of Constellation’s investment in Canopy Growth.Read More
Marijuana scored a sweeping victory at the ballot box on Tuesday, with voters approving new markets in Michigan, Missouri and Utah that eventually could generate $2 billion in medical and recreational sales.
Across the nation, voters installed the Democrats as the new majority party in the U.S. House of Representatives, improving the odds that lawmakers will pass federal marijuana reforms that benefit MJ businesses.Read More
Marijuana Business Daily reporters were on the ground across the United States on Election Day 2018, providing live coverage of the midterms and their significance to the cannabis market. Scroll down for updates our staff filed from the states voting on cannabis-related proposals, as well as potentially pivotal U.S. congressional and gubernatorial races. For analysis of […]Read More
Michigan voters approved an adult-use cannabis initiative Tuesday, CNN projected, making the state the first in the Midwest to pass adult-use marijuana legalization. Nationally, Michigan is the ninth state to approve a full-fledged recreational marijuana program that permits commercial cultivation and sales. Marijuana Business Daily projects Michigan’s recreational cannabis market will generate $1.4 billion-$1.7 billion in […]Read More
Sweet Leaf once was one of the largest vertically integrated cannabis businesses in Colorado and considered a trailblazer in the industry’s retail chain concept.
Now, the company is a cautionary tale for other marijuana retailers.Read More
A recent Supreme Court ruling and newly elected government suggest Mexico could soon follow Canada down the road of cannabis legalization. Mexico’s Supreme Court ruled Oct. 31 – for the fifth time since November 2015 – that a total prohibition of recreational marijuana consumption is unconstitutional. By reaching five similar rulings, the Supreme Court crossed […]Read More
Voters in Utah and Missouri will go to the polls Tuesday to decide on legalizing marijuana in their states for the first time, while ballot initiatives in Michigan and North Dakota – if successful – would increase the percentage of the U.S. population living in a state with recreational marijuana to 25%. If passed, these […]Read More