Steady growth has characterized Arizona’s medical marijuana program over the past few years, and 2017 was no exception as the state reinforced its position as one of the nation’s largest MMJ markets.Read More
Get our daily email
Scotts Miracle-Gro says California’s slow implementation of marijuana regulations is hurting sales, Arizona considers medical cannabis testing, and Maine’s governor delays MMJ regulations. Here’s a closer look at some notable developments in the marijuana industry over the past week. Scotts’ sales decline Scotts Miracle-Gro CEO James Hagedorn said California’s slow rollout of regulations has hindered […]Read More
Rob Kampia, the embattled former chief of the Marijuana Policy Project, was removed from the board of directors of the National Cannabis Industry Association this week, Marijuana Business Daily has learned. Kampia’s ouster adds to recent turmoil at the NCIA and raises questions about the organization’s future. “NCIA’s Board of Directors voted to remove Rob […]Read More
If hemp fiber is so strong and easy to grow, why is so much of it moldering in barns awaiting a buyer? Two hemp companies say they have the answer, and they plan to bring it to farmers who can’t find buyers for hemp’s tough stalks. HempLogic in Washington state and Power Zone Agriculture in […]Read More
Montana’s medical marijuana businesses aren’t sitting on their hands.
In fact, it’s quite the opposite.
As 600-plus registered caregivers wait for state regulators to finalize industry regulations that were expected last June, many have taken steps to open dispensaries or even expand into retail chains for the first time.Read More
Oregon’s marijuana cultivators are facing a challenging environment that favors vertically integrated companies and craft cannabis.
Wholesale prices for outdoor-grown marijuana have dropped to as low as $50 a pound.
These low wholesale prices refer to trim and to outdoor-grown flower sold to processors who make cannabis oil.Read More
The cannabis industry is poised for huge growth in 2018 thanks in part to the expected launch of several massive new marijuana markets such as California and Canada, which will generate billions of dollars in sales and create tens of thousands of business opportunities.
The changing business climate will lead to new challenges, struggles and, potentially, failures for companies and the individuals behind them.
As we hurtle into 2018, the editorial staff at Marijuana Business Magazine – which is published by Marijuana Business Daily – singled out 20 executives in the cannabis space who bear watching in the year ahead.Read More
Illinois’ medical marijuana program grew at a solid, consistent pace throughout 2017, but the potential addition of intractable pain as a qualifying MMJ condition in the state could set the table for a breakout year in 2018. Illinois added 14,000 MMJ patients to its rolls over the course of 2017 – an 88% increase – […]Read More
New Jersey’s governor looks to improve the state’s medical marijuana program, California cannabis growers are suing the state over licensing, and Massachusetts MMJ inspections uncover numerous violations. Here’s a closer look at some notable developments in the marijuana industry over the past week. New Jersey MMJ expansion? The Garden State’s new governor certainly didn’t wait […]Read More
Seattle-based Privateer Holdings, which has long been setting benchmarks for capital raises in the marijuana sector, has established a new standard – and demonstrated that at least some deep-pocketed investors have not been spooked by U.S. Attorney General Jeff Sessions. The marijuana-focused private equity company announced Thursday it has completed a $100 million Series C […]Read More
Texas’ long-awaited CBD program is underway. Sort of. The nation’s second-most populous state has a limited CBD program, three licensed growers and plants harvested. But Texas has no patients just yet, a signal that the state’s elaborate hurdles are blocking consumers from accessing marijuana-derived medicine even if it’s a cannabidiol product low in THC. “We […]Read More