Marijuana might still be illegal at the federal level but for the country’s top bankers and investors, it’s part of an industry they can’t resist. In fact, investors’ interests in the marijuana industry have been growing steadily, and with five states ...
August 25, 2016
Minnesota’s medical marijuana economy isn’t booming, and there’s one primary reason for the industry’s struggle – regulations. According to information obtained by The Associated Press and reported by CBS, the two licensed medical marijuana ...
August 20, 2016
In the state of Washington, marijuana sales are growing faster than ever. During July, Washington collected a record-setting $23.5 million in excise taxes. That’s a 17.5% increase from the $20 million collected in June.
August 15, 2016
Unlike other states that have legalized medical marijuana and grant licenses to dispensaries to sell that marijuana to patients, Massachusetts cities and towns use something called “host community agreements” to generate hundreds of thousands of dollars each year.
July 28, 2016
Not only is it difficult to get certified as a medical marijuana patient in some states, it’s also expensive. As of June 30, 2016, patients could get medical marijuana in 23 states (including the District of Columbia), and all but two of them charge a registration fee to those patients.
July 19, 2016
Ohio’s medical marijuana bill was passed in May of this year and will go into effect on September 8, 2016. However, the system won’t be operational until September 2018. Rules and regulations for cultivators won’t be issued until May 6, 2017.
July 14, 2016
In Cook County, Illinois last week, Judge Neil Cohen ruled that post-traumatic stress disorder (PTSD) must be added to the state’s list of qualifying conditions for medical marijuana. In his ruling, he referenced an unconstitutional, private investigation ...
July 7, 2016
A total of 15 marijuana cultivation licenses are up for grabs this summer in Maryland, and a review of the 144 companies that submitted applications for cultivator licenses shows just how big the business of medical marijuana has become.
June 30, 2016
It’s easier for people from out of state to get medical marijuana in Nevada than it is for certified residents to get it. While steps are being taken to reduce the amount of time it takes for residents to obtain medical marijuana, the problem still won’t be solved.
June 24, 2016
Medical marijuana sales began in Illinois on November 9, 2015. After seven months, only 9,200 Illinois patients have submitted applications to the Illinois Department of Public Health to access medical marijuana and only 7,000 patients ...
June 14, 2016
Marijuana licenses for cultivation, processing, and dispensing are required in every state where both medical marijuana and recreational marijuana are legal, but in some states, those state-issued licenses aren’t enough for a business ...
June 4, 2016
Signal Bay, Inc. announced their acquisition of Oregon Analytical Services, a full service cannabis testing facility. Signal Bay subsidiary EVIO Labs will take over full management and operations of Oregon Analytical Services, (“OAS”).
May 25, 2016
The marijuana industry is not an easy one to get into, nor is it easy to navigate the long list of regulations that marijuana-related businesses have to adhere to, which differ in every state. However, there are some entrepreneurs who have had great success in the industry.
May 15, 2016
Pennsylvania has become the 24th state (including Washington, DC) to legalize medical marijuana. Governor Tom Wolf signed the bill into law on April 17th, but as is usually the case with new medical marijuana legislation, ...
May 6, 2016
What happens when medical marijuana patients travel out of their home states? Many don’t bring their marijuana on airplanes because they’re afraid it will be confiscated or worse, they’ll be arrested since marijuana is still illegal at the federal level.
April 25, 2016
The border effect happens when a product that is regulated differently in a neighboring state experiences a drop in sales for that product because consumers cross the state line to purchase it in the state where laws are more favorable.
April 15, 2016
A marijuana license is only as valuable as its ability to generate revenue for the license holder (or holders) as well as the various third parties who are able to profit indirectly from that marijuana license. New laws in Oregon are making marijuana ...
April 5, 2016
What happens when too many retailers want to get marijuana licenses? That’s what occurred in Washington State back in 2014 when more than 2,000 retailers submitted applications for the 334 marijuana licenses that were available.
March 23, 2016
What’s the value of a marijuana license? I’ve tackled that question on the Cannabiz Media blog before when I shared some of the top marijuana valuation factors, but as more states legalize marijuana for recreational use and laws continue to change, ...
March 17, 2016
As marijuana becomes less socially controversial, the industry grows. While 27 states have yet to make medical marijuana legal, states like Oregon are leading the way for those that have, and two marijuana bills that Oregon Governor ...
March 14, 2016
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