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
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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
To ease long waits in dispensaries, cannabis vending machines have been touted by some industry watchers as a potentially important part of the future of marijuana retail – much like the machines that dispense soft drinks and food.Read More
A Colorado marijuana grower wins a milestone racketeering case, MedMen seeks a trademark for the word “cannabis,” and California issues its first full annual MJ business licenses. Here’s a closer look at some notable developments in the marijuana industry this week. Big legal victory Legal experts said marijuana growers can rest a little easier after a […]Read More
New medical and recreational marijuana markets in four states ultimately could generate more than $2 billion in combined sales…Read More
In many states across the country, cannabis reform has been held up by state political leaders, stalling and stunting business opportunities in industry.Read More